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All Press Releases for December 14, 2007 Subscribe to this News Feed      
 

Hyundai motor Co.'s November Sales Slip 1.1 Pct M-o-M to 238,470 Units

* Korean, overseas sales down a point m-o-m * Jan-Nov ´07 sales up 4.7 pct y-o-y reaching 2.27 million

Seoul, Korea (PRWEB) December 14, 2007 -- November saw Hyundai Motor Co.´s worldwide sales slip by 1.1 percent to 238,470 units. On a cumulative basis, the company´s worldwide sales for the first eleven months of this year are up 4.7 percent over the comparable period last year, reaching 2,270,391 units.

Korean sales slipped by 0.9 percent m-o-m to 54,736 units while overseas sales slipped by 1.2 percent to 183,734 units.

Domestic Passenger Car
Domestic passenger car sales were healthy posting a 4.3 percent gain over the prior month, led by the new Sonata Transform which accounted for 12,689 units of the 31,728 units sold. Avante/Elantra and Grandeur/Azera claimed the number two and number three sales spot with sales of 7,924 units and 7,033 units respectively. Sales of the newly introduced i30 hatchback maintained a brisk momentum with 1,955 units sold.

Domestic SUV & Minivans
Santa Fe once again led SUV sales with 4,742 units sold (up by a fraction fo a percent) with Tucson in second spot registering sales of 2,020 units. Total SUV and minivan sales for November declined 9.8 percent m-o-m to 8,056 units.

Commercial Vehicles
Sales of Hyundai buses in Korea continued to rise, growing by 7.7 percent m-o-m to 5,603 units while truck sales declined by 12.3 percent m-o-m to 9,349 units.

Export Sales
Overseas shipments from Hyundai´s three Korean factories shrank by 0.2 percent m-o-m to 108,098 units while exports of knock-down kits to overseas assembly partners in Europe, Asia, Africa and South America grew by 13.8 percent to 22,830 units.

Hyundai´s overseas manufacturing subsidiaries in India, China, Turkey and the United States saw November sales slip by 2.5 percent m-o-m to 75,636 units. Total overseas sales for the month stood at 183,734 units equivalent to a 1.2 percent decline over the previous month.

Website URL
http://worldwide.hyundai-motor.com/common/html/about/news_event/press_read_2007_36.html

Contact information
Esther Park
HMC Public Relations 1
Office: +82-2-3464-2117
Fax: +82-2-3464-3457
E-Mail: esther_kr(at)hyundai-motor.com

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CONTACT INFORMATION
Esther Park
HMC Public Relations 1
+82-2-3464-2117
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