Connect with us

AutoBeat / Auto Trends

Hyundai posts strong April 2018 global sales



Hyundai posts strong April 2018 global sales


Hyundai Motor Company, South Korea’s largest automaker and No.1 Selling Korean automaker in the world, has announced its global sales results for April 2018, posting a total of 391,197 units sold, up 11.1 per cent from a year earlier.

The highest growth since December 2014 was led by strong sales of new SUV models – the all-new Santa Fe and Kona – while a recent sales rebound in the Chinese market also largely contributed to the growth.

Sales in overseas markets totaled 327,409 units, representing an increase of 12.2 per cent year-over-year. Sales increased significantly as the company’s popular subcompact SUV Kona expanded to key markets and demand remained strong in emerging markets such as Brazil, Russia and India.

Sales in the Korean market increased by 5.7 per cent compared to the same period of the previous year, recording 63,788 units sold. The all-new Santa Fe became the best-selling model in Korea for the second consecutive month, posting 11,837 units sold.

Hyundai Motor plans to maximize profitability by continuing its SUV sales momentum globally.

Monthly sales figures provided in this press release are unaudited and on a preliminary basis.

Hyundai Motor currently has overseas plants in Brazil, China, the Czech Republic, India, Russia, Turkey and the U.S.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *




Take advantage of our impressive online traffic; advertise your brands and products on this site. Call For Advert Placement and Enquiries, Call: Mobile Phone:+234 803 304 2915 Online Editor: Michael Abimboye Mobile Phone: 0813 699 6757 Email: Copyright © 2018 NewTelegraph Newspaper.

%d bloggers like this: