Seoul, Aug 15 (IANS) South Korea’s Hyundai Motor Group stated on Monday it ranked third in first-half international automobile gross sales on elevated high-end mannequin gross sales regardless of the dearth of automotive chips.
Hyundai Motor, its impartial Genesis model and Hyundai’s smaller affiliate Kia Corp. bought a complete of three.299 million autos in international markets within the January-June interval, following Toyota Motor Group’s 5.138 million models and Volkswagen (ETR:) Group’s 4.006 million models, in response to their gross sales knowledge.
Within the first six months, elevated gross sales of Genesis fashions, the all-electric Hyundai IONIQ 5 and the pure electrical Kia EV6 pushed up the Korean carmaker’s gross sales rating, stories Yonhap information company.
The group’s rating jumped from fifth with gross sales of three.475 million autos within the first half of 2021.
The Korean automaker’s first-half gross sales fell 5.1 per cent from a 12 months earlier, faring higher than its international opponents.
Toyota Group’s gross sales declined 6 per cent, Volkswagen Group’s dropped 14 per cent, Stellantis’ shed 16 per cent, and Normal Motors (NYSE:) plunged 19 per cent.
Stellantis is a 50:50 three way partnership arrange via the merger of U.S. carmaker Fiat Chrysler Cars N.V. and French automaker PSA Groupe.
Hyundai Motor stated final week it would spend $424 million to construct a synthetic intelligence (AI) analysis centre within the US to bolster its edge in robotics know-how, an space it cites as a key future development driver.
–IANS
Seoul, Aug 15 (IANS) South Korea’s Hyundai Motor Group stated on Monday it ranked third in first-half international automobile gross sales on elevated high-end mannequin gross sales regardless of the dearth of automotive chips.
Hyundai Motor, its impartial Genesis model and Hyundai’s smaller affiliate Kia Corp. bought a complete of three.299 million autos in international markets within the January-June interval, following Toyota Motor Group’s 5.138 million models and Volkswagen (ETR:) Group’s 4.006 million models, in response to their gross sales knowledge.
Within the first six months, elevated gross sales of Genesis fashions, the all-electric Hyundai IONIQ 5 and the pure electrical Kia EV6 pushed up the Korean carmaker’s gross sales rating, stories Yonhap information company.
The group’s rating jumped from fifth with gross sales of three.475 million autos within the first half of 2021.
The Korean automaker’s first-half gross sales fell 5.1 per cent from a 12 months earlier, faring higher than its international opponents.
Toyota Group’s gross sales declined 6 per cent, Volkswagen Group’s dropped 14 per cent, Stellantis’ shed 16 per cent, and Normal Motors (NYSE:) plunged 19 per cent.
Stellantis is a 50:50 three way partnership arrange via the merger of U.S. carmaker Fiat Chrysler Cars N.V. and French automaker PSA Groupe.
Hyundai Motor stated final week it would spend $424 million to construct a synthetic intelligence (AI) analysis centre within the US to bolster its edge in robotics know-how, an space it cites as a key future development driver.
–IANS
