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Hyundai Motor sales dip 2.1 pct in 2016

All News 15:49 January 02, 2017

SEOUL, Jan. 2 (Yonhap) -- Hyundai Motor Co., South Korea's top automaker, said Monday that its global sales slipped 2.1 percent from a year earlier in 2016 with sales dwindling both at home and abroad.

Annual sales came to 4,860,049 last year, compared with 4,964,831 cars sold in 2015.

Domestic sales dropped 7.8 percent on-year to 658,642 cars, while sales in overseas markets dipped 1.2 percent to 4,201,407 cars, the company said in a regulatory filing.

For December alone, the company's global sales shrank 3.7 percent on-year as its domestic sales plunged 12.1 percent to 72,161 cars.

Overseas sales also slipped 2.2 percent to 424,746 last month, it said.


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