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Corporate Information Hyundai Motor Reports June 2020 Global Sales

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Hyundai Motor Reports June 2020 Global Sales

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Corporate Information 202007010000
Hyundai Motor Reports June 2020 Global Sales

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  • June sales totaled 291,854 units, down 22.7% y/y
  • Sales in Korea were up 37.2% y/y to 83,700 units
  • Sales outside of Korea slid 34.2% y/y to 208,154 units
  • Hyundai Motor will continue risk management efforts to minimize the business impact of the COVID-19 pandemic

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.

 

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