Hyundai, Kia’s January sales down on fewer working days from extended holiday

Seoul, Feb 3 (IANS) Hyundai Motor said on Monday its monthly sales for January dropped 2.3 per cent from a year earlier due to a reduced number of business days. The automaker sold 310,399 vehicles last month, down from 317,823 units the same month last year, the company said in a press release. Domestic sales […]
Hyundai Motor raises alarm at BYD’s entry into South Korean market

Seoul, Jan 15 (IANS) Hyundai Motor Group’s think tank on Wednesday cautioned against underestimating BYD, China’s largest electric vehicle (EV) manufacturer, as it plans to enter South Korea’s passenger car market. Yang Jin-soo, head of the mobility industry research division at Hyundai Motor Group Business Research Center, said during a seminar with automotive industry reporters […]
Hyundai Motor Group posts record sales in US in 2024

Seoul, Jan 5 (IANS) South Korea’s Hyundai Motor Group said on Sunday it has posted record sales in the United States in 2024, driven by the popularity of SUVs, minivans and eco-friendly models. Hyundai Motor Co. and its sister company Kia Corp sold a combined 1.7 million units of automobiles in the U.S. market last […]
Hyundai Motor’s sales down 1.8 pc in 2024 as domestic demand wanes

Seoul, Jan 3 (IANS) Hyundai Motor, South Korea’s leading automaker, said on Friday its annual sales slipped 1.8 per cent from a year earlier in 2024 due mainly to a decline in domestic demand. Hyundai Motor sold 4,141,791 units last year, down from 4,216,898 units sold the previous year, the company said in a press […]
Hyundai Motor India achieves highest-ever domestic sales in 2024

New Delhi, Jan 1 (IANS) Hyundai Motor India Limited (HMIL) on Wednesday said it has registered highest-ever yearly domestic sales of 6,05,433 units in 2024. The company achieved total sales of 7,64,119 units (including domestic and export) last year. In the month of December, HMIL reported total monthly sales of 55,078 units (domestic at 42,208 […]