Hyundai Motor : Reports September 2022 Global Sales

• • · September 2022 global sales totaled 355,040 units, up 24.4% from a year earlier
• · Hyundai sold 298,130 units outside of Korea, a 23.4% increase YoY
• · In the Korean market, the company sold 56,910 units, up nearly 30% YoY
• · Hyundai continues to alleviate the impact of business uncertainties globally

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  SEOUL, October 4, 2022 - Hyundai Motor Company today announced its September 2022 global sales of 355,040 units, a 24.4 percent increase year-over-year. Despite global supply and ongoing geopolitical issues, global sales have recovered steadily this year.

  In markets outside of Korea, Hyundai Motor sold a total of 298,130 units, a 23.4 percent increase from a year earlier. Strong sales in North and South America, India and Asia-Pacific markets helped to drive momentum.

  Sales in Korea were up by 29.8 percent year-over-year to 56,910 units with solid sales performance by SUV models and Genesis luxury brand vehicles, selling 17,059 units and 9,646 units, respectively.

  In spite of unfavorable external conditions, including ongoing components shortages and cost fluctuations of raw materials, Hyundai Motor will continue to alleviate business uncertainties by optimizing production and inventory while diversifying business strategies tailored for each region.

  
  

  Even though global sales were down by 1 percent in the period January to September from the year earlier, the decline has been decreasing since mid-year, spurred by global sales recovery. Hyundai Motor aims to capitalize on this trend in the fourth quarter with a strengthened product lineup, including the recently launched IONIQ 6 and the new model of Grandeur sedan to be unveiled at the end of this year.

  
  

  
  

  ■ Sales Results (in Units)

  	September '22	September '21	Y/Y Change	August '22	M/M Change	2022 YTD	2021 YTD	YTD Change
  Korea Sales	56,910	43,857	29.8%	49,224	15.6%	496,835	540,842	-8.1%
  Overseas Sales	298,130	241,581	23.4%	287,384	3.7%	2,404,700	2,389,245	0.6%
  Global Sales	355,040	285,438	24.4%	336,608	5.5%	2,901,535	2,930,087	-1.0%

  
  

  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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  About Hyundai Motor Company

  Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe. Based on the brand vision 'Progress for Humanity,' Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider. The company invests in advanced technologies such as robotics and Advanced Air Mobility (AAM) to bring about revolutionary mobility solutions, while pursuing open innovation to introduce future mobility services. In pursuit of sustainable future for the world, Hyundai will continue its efforts to introduce zero emission vehicles equipped with industry-leading hydrogen fuel cell and EV technologies.

  More information about Hyundai Motor and its products can be found at: http://worldwide.hyundai.com or http://globalpr.hyundai.com