@Hyundai: March 2020 Business Results

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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