logo
  

Hyundai Motor America June, Q2 Vehicle Sales Fall

Hyundai Motor America, an arm of Hyundai Motor Company Ltd. (HYMLF.OB) reported decline in its total sales for the first half, second quarter, and for the month of June.

For the six-month period, the automaker sold 343,867 vehicles, compared with 407,135 units reported last year.

In the second quarter, the South Korean firm delivered 184,191 units, less than 240,005, year-over-year basis.

For the month of June, Hyundai sold 63,091 units, a decline of 13 percent, compared with 72,465 units of June, 2021. However, market analysts' had estimated a 15.8 percent decline in June sales.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Delta Air Lines is set to resume flights on its routes between the U.S. and Japan from October 30, 2002 in anticipation of easing of COVID-19-related travel restrictions, which were put in place two years ago. The airline joins American Airlines and United Airlines, who have reportedly announced the resumption of flights to Japan. Tech major Apple Inc. has asked corporate employees to return to offices at least three days a week by September 5, Bloomberg reported. The latest deadline was issued following several delays to its previous deadlines amid a resurgence in COVID-19 cases. As per the report, the company will require employees to work from offices on Tuesdays, Thursdays and a regular third day to be determined by... Retail giant Walmart reported Tuesday a net profit for the second quarter that grew 20.4 percent from last year, reflecting lower operating expenses and partially inflation driven revenue growth. The results were also driven by the rebound in international markets. Quarterly revenues topped analysts' expectations. The retailer also raised its adjusted earnings guidance for the full-year 2023.
Follow RTT