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Hyundai Motor Reports May 2022 Global Sales

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Corporate information 202206020000
Hyundai Motor Reports May 2022 Global Sales

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  • May 2022 global sales totaled 324,039 units, an equivalent level to May 2021
  • Hyundai sold 260,666 units outside of Korea and 63,373 units in Korea
  • Hyundai is making every effort to minimize the impact of business uncertainties around the world


SEOUL, June 2, 2022 – Hyundai Motor Company today announced its May 2022 global sales of 324,039 units, a 4.6 percent increase from the previous month and a 0.5 percent decrease year over year.

 

Sales in Korea were up by 2.1 percent year-on-year to 63,373 units, including 20,570 units and 12,234 units, driven by demand for SUV models and the Genesis luxury brand.

 

In markets outside of Korea, Hyundai Motor sold a total of 260,666 units, a 1.1 percent year-on-year decrease. Despite global logistic issues and the lockdown of several cities in China due to the ongoing pandemic, the sales of global markets have recovered steadily.

 

Amid unfavorable external environments, including ongoing components shortages and cost fluctuations of raw materials, the solid sales of SUVs and Genesis models helped minimize the impact on the company’s business.

 

Hyundai Motor will make an effort to alleviate business uncertainties by optimizing production and inventory status and diversifying business strategies tailored for each region.


 

■ Sales Results (in Units)


May
’22
May
’21
Y/Y Change
April
’22
M/M Change2022 YTD2021 YTDYTD Change
Korea Sales63,37362,0562.1%59,4156.7%274,886317,688-13.5%
Overseas Sales260,666263,486-1.1%250,4614.1%1,261,9791,356,866-7.0%
Global Sales324,039325,542-0.5%309,8764.6%1,536,8651,674,554-8.2%


Editor’s note:

* Sales results are based on wholesale. 

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

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