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Corporate Information Hyundai Motor Reports November 2021 Global Sales Results

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Hyundai Motor Reports November 2021 Global Sales Results

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Corporate Information 202112011530
Hyundai Motor Reports November 2021 Global Sales Results

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  • November 2021 global sales totaled 312,602 units, a decrease of 17.1% Y/y
  • Sales outside of Korea declined 18.4% to 250,531 units
  • Sales in Korea were down 11.4% to 62,071 units
  • Hyundai witnessing gradual increase beginning from September
  • Hyundai will make every effort to recover its sales by strengthening the growth of IONIQ 5 EV and the Genesis luxury brand lineup

SEOUL, Dec. 1, 2021 – Hyundai Motor Company today announced global sales results for November 2021. The company sold 312,602 units globally last month, a decrease of 17.1% from a year earlier. 


The company sold 250,531 units outside of Korea, down 18.4% from a year earlier. Despite a slight upward movement in the European market sales, overall sales decreased mainly because of disruption in the global semiconductor part supply and the impact caused by the ongoing COVID-19 crisis.

 

Sales in Korea decreased 11.4% Y/y to 62,071 units. Although total sales are down from the previous year, various SUV and Genesis luxury brand models created sales momentum with a total of 31,862 units in Hyundai’s home market.

 

Hyundai will continue to manage risk in the challenging business environment through flexible adjustment of its production plans in line with inventory status. Also, Hyundai is witnessing gradual increase in vehicle production beginning from September. Year to date, Hyundai is recording 5.4% increase in global sales year over year reflecting the company’s strong product line-up.

 

Moreover, the company will make every effort to regain its sales by strengthening the growth of IONIQ 5 battery electric vehicle and the Genesis luxury brand line-up.


■ Sales Results (Units)

Subject
Nov.
’21
Nov.
’20
Y/Y
Change

Oct.
’21
M/M
Change

2021
YTD

2020
YTD

YTD
Change

Korea Sales
62,071
70,035
-11.4%
57,813
7.4%
660,726
719,368
-8.2%
Overseas Sales
250,531
307,158
-18.4%
251,668
-0.5%
2,891,454
2,650,176
9.1%
Global Sales
312,602
377,193
-17.1%
309,481
1.0%
3,552,180
3,369,544
5.4%

* 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 CUV models produced by Hyundai Motor.

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