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Hyundai Motor Reports March 2022 Global Sales

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Corporate information 202204011530
Hyundai Motor Reports March 2022 Global Sales

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  • March 2022 global sales totaled 313,926 units, a 17% decrease y/y and a 2.8% increase from last month
  • Hyundai sold 261,043 units outside of Korea and 52,883 units in Korea
  • Hyundai will make every effort to minimize the impact of business uncertainties around the world


SEOUL, April 1, 2022 – Hyundai Motor Company today announced its March 2022 global sales of 313,926 units, a 17 percent decrease from a year earlier.

 

In markets outside of Korea, Hyundai Motor sold a total of 261,043 units, a 14.3 percent year-on-year decrease. Sales in Korea were down by 28.4 percent year-on-year to 52,883 units, including 10,831 units from the Genesis luxury brand.

 

Despite unfavorable external factors, including ongoing components shortages, cost fluctuations of raw materials and the COVID-19 resurgence, the global sales of March increased by 11.1 percent and 2.8 percent from January and February this year.

 

Hyundai Motor will endeavor to minimize the impact of business uncertainties by optimizing production and inventory status, and diversifying business strategies tailored for each region.


■ Sales Results (in Units)


March
’22
March
’21
Y/Y Change
February
’22
M/M Change2022 YTD2021 YTDYTD Change
Korea Sales52,88373,810-28.4%53,010-0.2%152,098185,413-18.0%
Overseas Sales261,043304,436-14.3%252,3213.5%749,815814,415-7.9%
Global Sales313,926378,246-17.0%305,3312.8%901,913999,828-9.8%


Editor’s note:

* Sales results are based on wholesale. 

* Monthly sales figures provided in this press release are unaudited and on a preliminary basis.


Disclaimer: Hyundai Motor Group believes the information contained herein to be accurate at the time of release. However, the company may upload new or updated information if required and assumes that it is not liable for the accuracy of any information interpreted and used by the reader.

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