Hyundai Motor Company has posted its best monthly sales performance ever as sales rose 11.4 percent to 253,846 units on a global basis from a year earlier.
This brings first half sales to a record high of 1,481,152 units, a 14.2 percent year-on-year increase.
“While we’re concerned by escalating oil and commodity prices, we’re on track to reach our sales target of 3 million units for this year thanks to brisk demand in China, India, as well as through our efforts in emerging markets such as Russia and the Middle East,” a Hyundai official said.
Hyundai’s three Korean plants received overseas orders for 102,570 units, 6.1 percent more than a year earlier. The company’s four overseas manufacturing subsidiaries—India, Turkey, China and USA—sold 102,975 units for a 38.0 percent y-o-y improvement thanks to brisk sales at the company’s plants in China and India.

© 2008 Al Bawaba (www.albawaba.com)