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
The US Centers for Disease Control and Prevention or CDC has ended recommendations for social distancing and quarantine with a view to minimize covid-19's impact on persons, communities, and health care systems. The agency also ended recommendation for test-to-stay in schools, CNN noted. Healthcare major Johnson & Johnson, which is in the middle of a talcum powder fiasco, said it is discontinuing talc-based JOHNSON'S Baby Powder globally in 2023. The company plans to transition to an all cornstarch-based baby powder portfolio. According to the company, the commercial decision to use cornstarch in all its baby powder products was made after conducting an assessment of its portfolio Walt Disney's streaming service Disney+ is rolling out its much-anticipated new ad-supported subscription plan for Disney+ in the U.S. as part of its bid to stem the loss and make its streaming business profitable after the services posted a hefty operating loss of more than $1 billion in the third quarter. It is also raising pricing for its bundled subscription plans with Hulu, ESPN+ and live TV.
Follow RTT