Hyundai Motor reported global vehicle sales of 318,454 units in July, down 5.1% from a year earlier, marking the tenth consecutive month of global sales decline. Overseas sales fell 3.2% to 270,341 units, and domestic sales dropped 14.4% to 48,113 units, mainly due to production disruptions from partial strikes and purchase delays ahead of new model launches. Meanwhile, Kia Corporation posted global sales of 298,037 units, up 13.4% year-on-year. Overseas sales rose 11.6% to 242,556 units, and domestic sales surged 21.3% to 54,604 units, driven by strong demand for SUVs.
Hyundai Motor Co. Ltd.Hyundai's global sales fell 5.1% in July due to production disruptions from partial strikes and purchase delays ahead of new model launches.