According to South Korea’s Yonhap News Agency reported on August 1, Hyundai Motor’s global sales in July was about 340,000, down 6.5% year-on-year; Kia Motors’ global sales in July were about 230,000, up 5.1% year-on-year.
In July of this year, Hyundai's global sales volume was about 340,000, compared with 360,000 sales in the same period last year. Among them, Hyundai's sales in South Korea were about 60,000, up 1.3% year-on-year; overseas sales were about 280,000, down 8% year-on-year. Mainly affected by local factory wage negotiations in July and weak sales in major markets such as China. To this end, Hyundai plans to launch Santa Fe SUV and redesigned Tucson SUVs in the US and China respectively, hoping to boost sales.
Kia’s global sales in July this year was about 230,000, compared with about 220,000 in the same period last year. Among them, Kia’s sales in South Korea were 47,000, up 7.8% year-on-year; overseas sales were about 180,000, up 4.4% year-on-year, emerging markets Strong sales.
In addition, from January to July this year, Hyundai delivered a total of 2.58 million vehicles worldwide, a year-on-year increase of 2.9%, while Kia delivered a total of 1.62 million vehicles, a year-on-year increase of 4.5%.