Hyundai Motor Company October sales fall 6.3%... “Declines both at home and abroad”

[Financial News] Hyundai Motor Company's October sales declined year on year. The company sold 329,773 vehicles at home and abroad combined, down 6.3% from the same month last year.
Hyundai Motor Company said on the 2nd that domestic sales totaled 49,042 vehicles, down 8.9% year on year, while overseas sales totaled 280,731, down 5.9%.
In the domestic market, sedans were the top-selling category, with 17,228 units sold. The Hyundai Grandeur (6,989 units) led sales, followed by the Hyundai Elantra (5,730) and Hyundai Sonata (3,894). RVs ranked second to sedans, with 15,673 units sold. The leading models were the Hyundai Palisade (3,322), Hyundai Kona (2,605) and Hyundai Santa Fe (2,469).
Small commercial vehicles, led by the Hyundai Porter (3,967 units) and Hyundai Staria (3,582), totaled 7,689 units sold, while 2,510 medium- and large-sized buses and trucks were sold. GENESIS, the luxury brand, contributed to domestic sales with 5,942 vehicles sold in total, including the G80 (2,124), GV80 (1,814) and GV70 (1,463).
Overseas sales totaled 280,731 vehicles, down 5.9% year on year. The decline was smaller than in the domestic market, but the downward trend continued.
A Hyundai Motor Company representative said, “We will respond flexibly to changes in demand, drawing on a diverse range of powertrains and a product portfolio optimized for market conditions in each region,” adding, “We will strengthen our medium- to long-term competitiveness through improvements in production efficiency and expanded sales of new models, including the Hyundai Tucson and GV80 Hybrid.”
[email protected] Kim Dong-chan Reporter