Hyundai Motor Co., South Korea’s biggest carmaker, said Monday its June sales dropped 6.3 percent from a year earlier due to a slowdown in domestic sales.

Hyundai Motor sold 375,167 vehicles in June, down from 375,167 units a year earlier, the company said in a statement.

Domestic sales fell 14.8 percent to 59,804 units from 70,163 during the cited period, while overseas sales slipped 4.4 percent to 291,712 units from 305,004.

In the sedan category, a total of 16,513 units were sold at home, including 5,703 units of Grandeur and 5,712 units of Sonata models. A total of 19,056 SUVs were sold in the country last month.

The company sold 12,104 vehicles under its independent luxury brand Genesis.

For the January-June period, the company said it sold 2.06 million vehicles, down 0.9 percent from the same period in 2023.

A Hyundai Motor official said the company will launch its new Casper Electric sub-compact SUV in the second half of the year and expand the lineup of its Ionic EV brand to regain momentum in
electric car sales.

Source: Yonhap News Agency