Hyundai and Kia’s global sales fell in June

Gashi Motors News According to Yonhap News Agency, global sales of Hyundai and Kia fell in June.

Hyundai Motor, Hyundai Motor announced on July 1 that its global sales in June fell 6.

3% compared with the same period last year due to slowing domestic sales.

Among them, Hyundai Motor’s sales in South Korea’s domestic market fell to 59,804 vehicles from 70,163 vehicles in June last year.

Sales in overseas markets decreased to 291,712 vehicles from 305,004 vehicles in June last year.

, In the sedan category, Hyundai Motor sold a total of 16,513 cars in South Korea’s domestic market in June, of which 5,703 were sold for the Grandeur model and 5,712 were sold for the Sonata model.

Last month, Hyundai Motor also sold 19,056 SUVs in South Korea’s domestic market.

Hyundai Motor Co.

‘s independent luxury brand, Genesis, sold 12,104 vehicles in June.

In the first six months of 2024, Hyundai Motor Company sold a total of 2.

06 million vehicles, a decrease of 0.

9% compared with the same period in 2023.

, Hyundai Motor plans to launch a new miniature electric SUV Casper in the second half of this year and expand its lineup of Ionic electric vehicles to revitalize electric vehicle sales.

, IONIQ Electric.

Photo source: Hyundai Motor, Kia Motors, Kia Motors also announced on July 1 that due to relatively few working days in June and the ongoing production renovation of one of its factories, the company’s global sales in June fell 3.

9% year-on-year.

Kia Motors pointed out that it sold 267,536 vehicles worldwide in June, a decrease from 278,359 vehicles in the same period last year.

Another major reason for the decline in sales was the reduced demand for its models in the Korean domestic market.

, Kia Motors said its domestic sales in South Korea fell 13.

7% year-on-year in June, partly because many potential customers were waiting for the launch of the improved K8 sedan and partly because there were fewer working days last month than in the past.

Kia Motors ‘overseas sales in June also fell 1.

7% year-on-year.

Sales of small models such as Morning and Rio in overseas markets have dropped significantly as the company’s Gwangmyeong plant in southern Seoul is undergoing electrification renovation work.

, However, the Kia Sportage model performed very well in overseas markets in June, becoming the company’s best-selling model overseas with sales of 43,105 units.

The Kia Seltos model followed closely with sales of 21,824 units.

The Kia K3 model ranked third with sales of 20,315 units.

, 2024 Seltos.

Photo source: Kia Motors, in the first half of this year, Kia Motors sold a total of 1.

55 million vehicles worldwide.

Compared with the same period in 2023, its sales dropped by 1.4%., Return to the first electric network home page>,.

Link to this article: https://evcnd.com/hyundai-and-kias-global-sales-fell-in-june/

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