A really good article on Malaysia.
Hyundai Motor Group announced on Monday announced its global sales volume for the first half of 2022 stood at 3.3 million vehicles. According to Korea Times, that makes the Korean firm the third-largest carmaker in the world, following behind Volkswagen Group at 4 million vehicles and Toyota at 5.1 million vehicles between January to June 2022.
Trailing behind Hyundai Motor Group, meanwhile, are the Renault-Nissan-Mitsubishi alliance with 3.14 million vehicles, and Stellantis with 3.01 million vehicles sold in H1 2022.
Compared to the same period in 2021, Hyundai Motor Group has moved up two ranks in 2022. While Hyundai Motor and affiliate Kia Corporation did see a 5.1% drop in sales in H1 2022, the drop was still smaller than that of the other automotive groups. Toyota sales decreased by 6%, Volkswagen by 14%, Stellantis by 16%, the Renault-Nissan-Mitsubishi alliance by 17.3%, and GM by 18.6% compared to the same period last year.
The Hyundai brand recorded a global sale of 325,999 vehicles in July 2022 (up 4% from 2021), of which 269,694 vehicles were sold outside of Korea (6.3% YoY increase), and 56,305 vehicles in Korea (5.9% YoY decrease). Over 16,000 Hyundai EVs were sold globally, with the Ioniq 5 accounting for more than 8,000 of the EVs sold.
Kia meanwhile recorded a total global sales figure of 257,903 vehicles in July 2022, which is a 6.3% jump from 2021. Kia Corporation sold 206,548 vehicles outside of Korea (6.2% YoY increase) and 51,355 vehicles in Korea (6.6% YoY increase). Globally, Kia reportedly sold 44,000 EVs in the second quarter of 2022, with 8,171 units being the Kia EV6.
Focusing on just the EVs, Hyundai Motor Group has now sold 27,000 EVs in the United States market alone between January and May of this year, as reported by Bloomberg. The Group is now only second after Tesla in terms of EV sales market share in the country.
RELATED: Hyundai reportedly shut down combustion engine development centre
The above article was provided here.
We trust that you found the article above interesting. You can find similar content on our main site here:
Please let me have your feedback in the comments section below. Let us know which topics we should write about for you next.