REG - Hyundai Motor Co - March 2020 Business Results

Hyundai Motor CoAnnouncement

01/04/2020 09:40

RNS Number : 3842I
  
Hyundai Motor Company
  
01 April 2020
  
 

HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
 
 
 
Disclosure Title     :   March 2020 Sales Results
 
 
1. Sales Results:
*Monthly sales




Category
(units)


March
2020


February
2020


MoM %
Change


March
2019


YoY %
Change




Sales
Unit


Domestic


72,180


39,290


83.7


70,111


3.0




Overseas


236,323


242,101


-2.4


320,066


-26.2




Total


308,503


281,391


9.6


390,177


-20.9




 
*Year-To-Date Sales




Category
(units)


March
2020


March
2019


YoY %
Change




Sales
Unit


Domestic


159,061


183,957


-13.5




Overseas


745,685


837,434


-11.0




Total


904,746


1,021,391


-11.4




 
2. Others: 
- The above sales units include CKD exports.
- The above sales units are wholesales.
- For further information, please refer to the company website (http://worldwide.hyundai.com)
 
3. March Sales Results Summary
- Sold 308,503 units globally in March 2020, 20.9% YoY decline
- Sold 72,180 units in domestic market in March 2020, 3.0% YoY growth → sold 16,600 units of

Grandeur, highest sales record in 3 years
- Sold 236,323 units in overseas market in March 2020, 26.2% YoY decline
- Global sales in March were mainly by sharp decline of industry demand and shutdown of major

overseas plants after mid-March in line with each government's lockdown policy, all due to

COVID-19.
- Hyundai Motor Company will continue to proactively manage risk by stabilizing supply chain and

to minimize negative impact from demand decline and production stoppage.
 


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