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November 2, 2018

Hyundai Motor global sales up 0.9% in October 2018

Hyundai Motor Company announced its global sales results for October 2018, recording a total of 408,160 units sold, up 0.9% from a year earlier.

By Sam Duke

Hyundai Motor Company announced its global sales results for October 2018, recording a total of 408,160 units sold, up 0.9% from a year earlier.

Overseas sales dropped by 2.7% year-over-year, posting 341,872 units, due in large part to heightening global trade issues and economic unrest in emerging markets such as Turkey. Despite the challenging market environment, Hyundai SUVs continued robust sales led by Kona, which had its best month since its launch last year.

Sales in Korea increased by 25% compared with the previous year, resulting in 66,288 units sold. The strong month in Korea was mainly the result of solid SUV sales led by the Santa Fe and Kona. The Santa Fe once again became the best-selling model of all vehicles in Korea, extending the streak to eight months. Azera (Grandeur in Korea) maintained its position as the most popular sedan, posting 9,037 units sold during September.

Hyundai Motor expects SUV sales to build momentum in overseas markets as well, as the company readies the rollout of the all-new Santa Fe and the refreshed Tucson in major markets.

Global Sales

  • Sales in Korea: October 2018 – 66,288 units; October 2017 – 53,012 units; change – 25.0%; September 2018 – 52,494 units; MoM change – 26.3%; YTD 2018 – 592,112 units; YTD 2017 – 571,683 units; change – 3.6%
  • Overseas Sales: October 2018 – 341,872 units; October 2017 – 351,309 units; change – (-)2.7%; September 2018 – 334,982 units; MoM change – 2.1%; YTD 2018 – 3,178,804 units; YTD 2017 – 3,104,845 units; change – 2.4%
  • Total: October 2018 – 408,160 units; October 2017 – 404,321 units; change – 0.9%; September 2018 – 387,476 units; MoM change – 5.3%; YTD 2018 – 3,770,916 units; YTD 2017 – 3,676,528 units; change – 2.6%

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