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Corporate Information Hyundai Motor Reports June 2020 Global Sales
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SEOUL, July 1, 2020 – Hyundai Motor Company announced June global sales of 291,854 units, a 22.7-percent decrease from a year earlier, affected by the worldwide slowdown in economic activities resulting from the continuing COVID-19 pandemic.
Korea Sales
Sales in Hyundai’s home market increased 37.2 percent year-over-year to 83,700 units. Popular models such as GRANDEUR sedan (sold as AZERA in some markets) led domestic sales with 15,688 units. Strong performance of Genesis brand, with the all-new G80 sedan and GV80 SUV model, helped to maintain sales momentum in Korea.
Overseas Sales
In other markets, Hyundai recorded sales of 208,154 units, a 34.2-percent decrease from a year earlier, mainly due to the slowdown in economic activities from continuing COVID-19 pandemic.
Hyundai Motor will continue risk management efforts to minimize the business impact of COVID-19. The company is implementing various schemes to take care of its customers, such as extending warranty periods and launching new models online.
Sales Results (Units)
Subject | June-20 | June-19 | Y/Y Change | May-20 | M/M Change | 2020 YTD | 2019 YTD | YTD Change |
Korea Sales | 83,700 | 60,987 | 37.2% | 70,810 | 18.2% | 384,613 | 384,113 | 0.1% |
Overseas Sales | 208,154 | 316,409 | -34.2% | 155,646 | 33.7% | 1,204,816 | 1,742,194 | -30.8% |
Global Sales | 291,854 | 377,396 | --22.7% | 226,456 | 28.9% | 1,589,429 | 2,126,307 | -25.2% |
* Monthly sales figures provided in this press release are unaudited and on a preliminary basis.
1. Sales in Korea is based on retail sales while overseas sales (global sales excluding Korea) is based on wholesales.
2. Sales results include entire sedan, SUV and CV models produced by Hyundai Motor.
