252,532 units, up 8.8 pct month-over-month
Korean sales up 10.1 pct m-o-m, Overseas sales up 8.4 pct m-o-m
Sonata reigns as Korea’s No. 1 seller for third straight month
SEOUL, Korea, Dec. 1, 2005 - November brought good news on both the domestic and overseas sales fronts as Hyundai Motor Co.’s global sales reached an all-time monthly high of 252,532 units. Domestic sales of passenger and commercial vehicles totaled 55,896 units, up 10.1 percent over the previous month. In cumulative terms, 503,394 units were sold in Korea during the first eleven months, representing an 0.8 percent improvement over the same period last year.
Domestic Passenger Cars
Led by the new Sonata, domestic demand for passenger cars remained strong with 29,039 units sold, a 1.2 percent decline over October. Sonata retained its dominance on the sales charts as a total 9,463 units of the Sonata were delivered, followed by the new Grandeur/Azera which saw 7,694 units sold, up 10.5 percent m-o-m. The Avante XD/Elantra was Hyundai’s third best selling sedan with 6,548 units sold, down 9.1 percent m-o-m. In cumulative terms, 270,928 passenger cars were sold between January and November, up 22.2 percent over the comparable period last year.
Domestic SUVs and Minivans
In its domestic debut the all-new Santa Fe got off to a strong start with 3,158 units sold while sales of the predecessor model reached 2,776 units. Tucson sales jumped 24.6 percent m-o-m to 5,005 units. Trajet minivan sales soared 74.3 percent m-o-m to 1,009 units while Lavita/Matrix sales languished at 27 units for the month. Total sales of SUVs and minivans were strong reaching 41,504 units, up 9.4 percent for a year-to-date total of 363,640 units, an increase of 3.2 percent over the first eleven months of last year.
Domestic Commercial Vehicles
Signaling a rebound in the domestic economy, total sales of commercial vehicles reached 14,392 units, up 12.1 percent m-o-m. Sales of the Starex/H-1 van rose 56.5 percent to 4,387 units while Porter/H100 Truck sales edged up a fraction of a point to 6,637 units. In total, 5,092 vans and buses were sold and 9,300 trucks, up 47.9 percent and down 1.0 percent m-o-m, respectively.
Overseas shipments of completely built-up vehicles and knock-down kits from Hyundai’s three Korean factories reached 129,031 units in November, up 11.6 percent m-o-m and 1,169,018 units in the Jan-Nov period, up 1.5 percent over the same period last year. Hyundai’s overseas manufacturing operations in India, Turkey, China and the United States sold 67,604 units, up 2.8 percent m-o-m, for a year-to-date total of 607,792 units, up 51.1 percent y-o-y.
Cumulative Jan-Nov global sales reached 2,280,204 units, up 11.1 percent y-o-y.
Established in 1967, Hyundai Motor Co. has grown into the Hyundai Kia Automotive Group which includes Hyundai Mobis and over two dozen auto-related subsidiaries and affiliates. Employing over 68,000 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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