SEOUL, July 1, 2024 – Hyundai Motor Company today announced that its global sales were down 6.3 percent from a year earlier to 351,516 units in June 2024.The company sold 291,712 units outside of Korea, a decrease of 4.4 percent compared to June 2023.In Korea, Hyundai Motor sold 59,804 units in June, a decrease of 14.8 percent compared with the same month last year.Hyundai Motor’s SUV models collectively sold 19,056 units in the domestic market last month, while the Genesis luxury brand maintained solid momentum, with sales of 12,104 units.The company also sold more than 18,000 electric vehicles (EVs) in June worldwide, maintaining its EV sales momentum and solidifying its electrification leadership in the global market.To cope with business uncertainties, Hyundai Motor is strengthening its production and sales system to meet demand and respond flexibly to changes in regional markets. The company also plans to increase profitability by enhancing its product mix with more SUVs and luxury models.In June, Hyundai Motor unveiled the all-electric INSTER, a new A-segment sub-compact EV (badged as CASPER Electric in Korea), at the 2024 Busan International Mobility Show. The model is expected to reinforce the company’s EV lineup.■ Sales Results (Units)RegionJune’24June’23Y/y ChangeMay’23M/M Change2024 YTD2023 YTDYTD ChangeKorea59,80470,163-14.8%62,200-3.9%345,704396,550-12.8%Outside of Korea291,712305,004-4.4%294,897-1.1%1,716,1791,684,9711.9%Global351,516375,167-6.3%357,097-1.6%2,061,8832,081,521-0.9%* Monthly sales figures provided in this press release are unaudited and on a preliminary basis.1. Sales in Korea is based on retail sales while overseas sales (global sales excluding Korea) is based on wholesales.2. Sales results include sedan, SUV and CV models produced by Hyundai Motor.3. This press release contains forward-looking statements that are based on current expectations about possible future events. Our actual results may differ due to a variety of factors.

Automobile Magazine – NEWS