Hyundai Motor Company: overall November 2009 sales down 1,6 percent
Hyundai Motor Company today reported its November sales fell 1.6 percent compared to a year earlier. South Korean largest and most aggressive automaker sold 234,211 vehicles worldwide last months with domestic sales tumbling 34 percent and exports rising 8.2 percent!
From January till November, Hyundai sold 2.56 million vehicles worldwide. Domestic sales has been dropping in the last months, but exports have gained almost 12 percent compared to the same period of last year. In Korea, Hyundai and Kia also acquired one of the highest car-market shares last month, surpassing 80% of market share again.
As global auto demand is getting worse and worse, Hyundai has surprisingly been increasing its sales overseas. Last month, Hyundai sold 8% more cars abroad compared to last year.
As every month, we will also report detailed sales for US market. Sales forecasts look gloomy for Hyundai Motor America and all other automakers as well. It will be interesting to see November sales numbers, so stay tuned.






