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Hyundai’s
Worldwide May Sales Rise 6.3 Pct m-o-m
1 June 2006
May domestic sales edge up 2.2 pct to 45,000
units%
Export% sales up 7.4 pct
Jan-May worldwide sales of 1,100,009 units up 11.6% pct
(Seoul, Korea) In May, Hyundai Motor Co.’s
worldwide sales rose 6.3 percent over the previous month to
228,712 units. The Jan-May cumulative total reached 1,100,009
units, up 11.6 percent y-o-y.
Driven by a surge in the demand for commercial
vehicles, May domestic rose 2.2 percent to 45,000 units while
overseas sales which includes shipments from Hyundai’s
Korean factories and units sold by Hyundai’s manufacturing
subsidiaries in the United States, China, India and Turkey
rose by 7.4 percent to 183,712 units over the previous month.
Domestic Sedans, SUVs and Minivans
The company’s sedan sales in the Korean market dropped
by 15.1 percent m-o-m to 22,876 units but Sonata retained
its crown as the nation’s number one selling car with
sales of 10,664 units. Sales of SUVs and minivans posted a
32.8 percent increase to 8,088 units following a sluggish
April. Sales of sedans, SUVs and passenger minivans combined
declined by 6.2 percent m-o-m to 30,964 units.
Domestic Commercial Vehicles
The picture was brighter in the domestic commercial vehicle
sales where sales rose 27.3 percent to 14,036 units.
Export Sales
The appreciating Korean won continues to impact Hyundai’s
export competitiveness. Export shipments from Hyundai's three
Korean factories rose by 13.6 percent m-o-m to 110,242 units.
Their cumulative total for Jan-Apr was also down by 6.8 percent
y-o-y to 519,217 units. Overseas manufacturing units in the
United States, India, China and Turkey reported sales of 73,470
units in May, down 0. Percent m-o-m. Their Jan-May cumulative
total reached 868,995 units, up 12.0 percent y-o-y.
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 68,000 people worldwide, Hyundai Motor posted US$26.1
billion in sales in 2004 (on a non-consolidated basis). Hyundai
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.
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