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| May 2, 2006 |
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Hyundai´s Worldwide April Sales Slip 12.8 Pct m-o-m |
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• April sales slip 12.8 pct to 215,037 units
• Export sales growth is slowing due to high won
• Jan-Apr overseas sales of 685,234 units up 10.2 pct y-o-y
| (Seoul, Korea) Hyundai Motor Co.´s worldwide sales posted a decline of 12.8 percent over the previous month to 215,037 units. Jan-Apr cumulative results reached 871,248 units, up 10.9 percent y-o-y. |
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April domestic fell to 44,044 units, equivalent to a 14.4 percent monthly decline while overseas sales which includes shipments from Hyundai´s Korean factories and units sold by Hyundai´s manufacturing subsidiaries in the United States, China, India and Turkey also declined to 170,993 units, down 12.4 percent over the previous month.
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| Domestic Sedans, SUVs and Minivans |
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| Sedan sales in the Korean market slowed by 6.1 percent m-o-m to 26,929 units ash Sonata retained its crown as the nation´s number one selling car with sales of 10,572 units. Sales of SUVs and minivans posted a 25.3 percent decline to 6,090 units as each model posted negative results, including the all-new Santa Fe. |
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| Domestic Commercial Vehicles |
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| The picture was not any brighter in domestic commercial vehicle sales where sales fell 24.6 percent to 11,025 units. |
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| Export Sales |
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| The impact of the fast appreciating Korean won was felt on export shipments from Hyundai's three Korean factories which saw sales plummet by 16.3 pct m-o-m to 97,075 units. Their Jan-Apr cumulative total was also down by 7.8 percent y-o-y to 408,975 units. Ovearseas manufacturing units in the United States, India, China and Turkey reported sales of 73,918 units in April, down 6.8 percent m-o-m. Their Jan-Apr cumulative total reached 685,234 units, up 10.2 percent y-o-y. |
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| Established in 1967, Hyundai Motor Co. has grown into the Hyundai Kia Automotive Group which includes 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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