Hyundai Motor cumulative sales could exceed 100 million units this month
Published: 05 Sep. 2024, 19:02
According to the company data, Hyundai Motor's cumulative car sales from 1968 to the end of July totaled 99.66 million units. This includes 24.36 million units sold domestically and 75.3 million units sold overseas.
For August, the company has released tentative data showing that it sold 332,963 units last month. If the August figure is officially confirmed, the cumulative sales as of the end of August stand at roughly 99.99 million units.
The company is poised to surpass the 100 million-unit mark with an additional 340,000 units.
As official sales figures for each month are typically finalized a month later, if Hyundai surpasses 100 million units in September, the official statistics are expected to be announced in October.
Achieving 100 million units in cumulative sales would mark a major milestone for the Korean automaker, accomplished 56 years after the company first began selling the Cortina compact sedan, which was first produced at Hyundai's Ulsan plant in 1968.
In 1976, Hyundai exported its first domestically developed model, the Pony, overseas. Hyundai's sales grew from 1 million units in 1986 to 10 million units in 1996 and surpassed the 50 million-unit mark in 2013.
When combining Kia's sales, Hyundai Motor Group as a whole achieved the 100 million-unit mark in 2016 and later reached 150 million units cumulatively in May of last year.
Yonhap
with the Korea JoongAng Daily
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