SEOUL, Korea, July 1, 2005 – Hyundai Motor Co.’s June sales reached an all-time monthly high of 232,515 units helped by brisk overseas and domestic sales.
Strong demand for the Sonata and Grandeur/Azera sedans helped lift domestic sales of passenger cars and by 14.1 percent m-o-m to 29,599 units. For the third consecutive month, the Sonata ruled as the company’s and the nation’s best selling car. Sales of SUVs and minivans rose by 16.4 percent m-o-m to 8,323 units with Santa Fe registering 33.1 percent mom improvement.
Hyundai’s sales of sedan, commercial and all vehicles combined in Korea reached 51,038 units, for an 11.4 percent m-o-m improvement.
Overseas shipments from Korean factories rose by 6 percent m-o-m to 120,690 units while sales by overseas manufacturing units in India, China, Turkey and USA jumped 42.4 percent to 60,787 units as Beijing Hyundai’s plant returned to normal operations following a scheduled shutdown for expansion of the manufacturing lines.
First half global sales reached 1,230,929 units, up 15.7 percent y-o-y driven by strong exports with overseas sales growing by 22.4 percent y-o-y to 970,144 units. However, domestic sales for the first half were down 4 percent y-o-y to 260,785 units.
Established in 1967, Hyundai Motor Co. has grown into the Hyundai Kia Automotive Group which includes over two dozen auto-related subsidiaries and affiliates. Employing over 50,000 people worldwide, Hyundai Motor posted US$26.1 billion in sales in 2004 (on a non-consolidated basis). Hyundai motor vehicles are sold in 193 countries through some 5000 dealerships and showrooms. Hyundai Motor Co. is a sponsor of the 2006 FIFA Germany World Cup. Further information about Hyundai Motor Co. and its products is available at http://www.hyundai-motor.com/
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