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Hyundai Motor January 2016 Sales Results

Hyundai Motor achieves global sales of 338,035 units in January Sales figures in Korean and overseas markets show a decline by 1.1% and 14.3% YoY, respectively  Overseas sales drops due to economic recession in emerging markets such as China, Brazil and Russia Hyundai Motor, South Korea’s largest automaker, reports its domestic and overseas sales results … Continued

  • Hyundai Motor achieves global sales of 338,035 units in January
  • Sales figures in Korean and overseas markets show a decline by 1.1% and 14.3% YoY, respectively 
  • Overseas sales drops due to economic recession in emerging markets such as China, Brazil and Russia

Hyundai Motor, South Korea’s largest automaker, reports its domestic and overseas sales results for January 2016.

Sales Results

Hyundai sales january 2016

1. Commercial Vehicles (CV) include LCV, buses and trucks.
2. Hyundai Motor currently has overseas plants in Brazil, China, the Czech Republic, India, Russia, Turkey and the U.S.
3. Domestic Production relate to the vehicles produced in Korea for the overseas markets.

[Highlights]

  • Global sales in January 2016 totals 338,035 units – a decrease of 12.5% YoY.
  • Global sales declines due to slow growth in emerging markets and economic recession in Korea.
  • Newly launched G90, the first model of the Genesis brand, reaches sales of 2,164 units in Korea.

Breakdown of Overseas Shipment

Hyundai overseas january 2016

* ‘Consignment (EU)’ includes the amount of vehicles produced by Karsan (Turkish commercial vehicles manufacturer) on consignment.

[Highlights]

  • Economic recovery and the soon to be sold All-new Elantra in the U.S. contribute to the shipment figure rise.
  • Czech plant posts a positive shipment figure as All-new Tucson in the European market continues to gain popularity.
  • Sales in China market declines due to aging models like Elantra and Verna. However, Hyundai Motor expects sales to increase in the future with new model launches.
  • Emerging markets such as Brazil and Russia post sluggish figures due to unfavourable market situations.

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