According to data released by Hyundai Motor Group, Hyundai’s global sales in October this year increased by 1.9% year-on-year, while in the largest market, it climbed 15.5%. Together with Kia Motors, the Group’s sales in China in October increased by nearly 20% year-on-year.
Global sales increased slightly In October 2014, Hyundai Motor sold a total of 429,346 vehicles worldwide, a slight increase of 1.9% year-on-year. In October last year, global sales were 421,484 units. Sales data here includes sales of commercial vehicles such as trucks and buses, but does not include sales of CKD full parts assembly.
Hyundai's overseas sales in October and local sales in South Korea showed a slow growth.
Among overseas sales, export sales decreased by 9.9% from the 116,368 units to 104,893 units, while overseas factory sales increased by 7.6% from the 247,563 units to 266,350 units. Overseas sales increased by 2.0% from 363,931 units to 371,243 units.
In October, Hyundai Motor's sales in South Korea increased by 1.0% from 57,553 units to 58,103 units. Among them, 29,679 vehicles increased by 5.1% to 31,180 vehicles, SUVs decreased by 9.1% to 11,063 vehicles from 12,175 vehicles, and commercial vehicles increased by 1.0% to 15,860 vehicles from 15,699 vehicles.
Hyundai Motor's sales in China climbed 16% in October, and global sales rose 2%.
Sales in China increased again In October this year, Hyundai Motor Group sold 149,492 units (excluding imported cars) in the Chinese market, up 19.1% year-on-year, and sold 125,554 units in October last year. After the modern 2012, the sales volume in China increased rapidly. After the year-on-year growth of 36.2% in June 2013, the growth rate began to slow down. Last month's increase was also the highest in modern sales in China in 16 months.
From January to October, Hyundai Motor Group sold 1,421,650 vehicles in China, compared with 1,286,830 vehicles in the same period last year, up 9.4% year-on-year.
Among Hyundai Motor Group's two joint venture subsidiaries in China, Beijing Hyundai's sales in October increased by 15.5% from 80,038 units to 92,455 units. The cumulative sales in the first 10 months increased by 7.6% from 840,954 units to 904,854 units.
Among the models of Beijing Hyundai, the name map sold 12,733 units last month, and the previous October totaled 108,954 units. The car was not listed in the same period last year, and there has been no year-on-year increase. Since the Sonata ninth generation will be unveiled at the Guangzhou Auto Show this month, Sonata’s sales last month were only 3,550 units. The highest-selling model remained the same, with 14,535 vehicles up 57.0% year-on-year to 22,821 units; in the first 10 months, 173,706 units were up 16.3% year-on-year to 201,960 units.
Dongfeng Yueda Kia's sales in October increased by 25.3% from the 45,516 units to 57,037 units. The cumulative sales in the first 10 months increased by 15.9% from the 445,876 units to 516,796 units.
Among the models of Dongfeng Yueda Kia, K3 had the highest sales volume, reaching 15,531 units last month, a significant increase of 31.1% over the same period of the previous year. The K2 hatchback and sedan are 1,135 and 11,670 respectively. K5 increased by 6.4% year-on-year to 4,814 units.
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