Hyundai motor Co.'s November Sales Slip 1.1 Pct M-o-M to 238,470 Units

Seoul, Korea (PRWEB) December 14, 2007

November saw Hyundai Motor Co.?s worldwide sales slip by 1.1 percent to 238,470 units. On a cumulative basis, the company?s worldwide sales for the first eleven months of this year are up 4.7 percent over the comparable period last year, reaching 2,270,391 units.

Korean sales slipped by 0.9 percent m-o-m to 54,736 units while overseas sales slipped by 1.2 percent to 183,734 units.

Domestic Passenger Car

Domestic passenger car sales were healthy posting a 4.3 percent gain over the prior month, led by the new Sonata Transform which accounted for 12,689 units of the 31,728 units sold. Avante/Elantra and Grandeur/Azera claimed the number two and number three sales spot with sales of 7,924 units and 7,033 units respectively. Sales of the newly introduced i30 hatchback maintained a brisk momentum with 1,955 units sold.

Domestic SUV & Minivans

Santa Fe once again led SUV sales with 4,742 units sold (up by a fraction fo a percent) with Tucson in second spot registering sales of 2,020 units. Total SUV and minivan sales for November declined 9.8 percent m-o-m to 8,056 units.

Commercial Vehicles

Sales of Hyundai buses in Korea continued to rise, growing by 7.7 percent m-o-m to 5,603 units while truck sales declined by 12.3 percent m-o-m to 9,349 units.

Export Sales

Overseas shipments from Hyundai?s three Korean factories shrank by 0.2 percent m-o-m to 108,098 units while exports of knock-down kits to overseas assembly partners in Europe, Asia, Africa and South America grew by 13.8 percent to 22,830 units.

Hyundai?s overseas manufacturing subsidiaries in India, China, Turkey and the United States saw November sales slip by 2.5 percent m-o-m to 75,636 units. Total overseas sales for the month stood at 183,734 units equivalent to a 1.2 percent decline over the previous month.

Website URL

http://worldwide.hyundai-motor.com/common/html/about/news_event/press_read_2007_36.html

Contact information

Esther Park

HMC Public Relations 1

Office: +82-2-3464-2117

Fax: +82-2-3464-3457

E-Mail: esther_kr(at)hyundai-motor.com

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