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| Nov. 1, 2005 |
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Hyundai's October Sales Rise 10.0 Pct Y-o-Y |
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Korean Sales Up 8.6 Pct, Exports Up 10.4 Pct Y-o-Y
Sonata's Domestic Monthly Sales Top 10,000 Mark
Following a sluggish September performance, Hyundai Motor Co. recovered growth momentum as sales surged at home and overseas markets in October.
With a new labor agreement in place and the summer holiday season over, Hyundai saw grand total sales of 232,570 units worldwide in October, equivalent to a 10.0 percent increase over Oct. 2004. Cumulative sales reached 2,028,120 units in the first ten months of this year, up 10.9 percent over the same period last year.
Korean sales reached 50,757 units, up 8.6 percent y-o-y. Sonata ruled the sales charts with October sales of 10,112, the first time in 39 months that Sonata sales had topped the 10,000 monthly mark. Avante/Elantra, Grandeur/Azera and the Porter pickup truck were the nation's number two, three and four best selling models respectively. Sales of the Grandeur/Azera near-luxury sedan were up 18.5 percent over September to reach 6,962 units.
Domestic sales of commercial vehicles were down by 7.0 percent y-o-y to 12,834 units.
Established in 1967, Hyundai Motor Co. has grown into the Hyundai Kia Automotive Group which includes Hyundai Mobis and over two dozen auto-related subsidiaries and affiliates. Employing over 68,000 people worldwide, Hyundai Motor posted US$26.1 billion in sales in 2004 (on a non-consolidated basis). Hyundai motor vehicles are sold in 193 countries through some 5000 dealerships and showrooms. Hyundai Motor Co. is a sponsor of the 2006 FIFA Germany World Cup.
Further information about Hyundai Motor Co. and its products is available at http://www.hyundai-motor.com
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