Hyundai Motor September sales fall 16%, rebound from strike-hit August

  • Hyundai Motor reported September sales below last year’s level but above August’s strike-disrupted result.
  • 307,998 vehicles were sold globally in September, down 16% year over year and up 5.5% from August.
  • Hyundai cited the Chuseok holiday and delayed purchases ahead of new-model launches.

Hyundai Motor sold 307,998 vehicles globally in September, down 16% from a year earlier but up 5.5% from August after production was disrupted by a union strike. Fewer business days during the Chuseok holiday and delayed purchases ahead of new-model launches weighed on sales. Domestic deliveries fell 25.7% to 49,022 units, while overseas sales declined 13.9% to 258,976. Hyundai said it will seek to expand sales with new vehicles including the all-new Tucson. Sales for the first nine months fell 7% to 2,886,763 vehicles, with domestic sales down 16.3% to 448,181 and overseas sales down 5.1% to 2,438,582.

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Hyundai Motor September sales fall 16%, rebound from strike-hit August - CoinPost Terminal