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MENAFN - 04/10/2012

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(MENAFN) Hyundai Motor Co stated that global sales went up 3.4 percent last month on a yearly basis to 371,743 units, reported Reuters.

Hyundai's sales in the US grew 15 percent in September from 2011's same period, surpassing a 13-percent jump for the industry overall.

The South Korean carmaker said that August sales had dropped 4.6 percent, posting Hyundai's first monthly sales drop in over 3 years, due to the partial strikes resulting from wage disputes, in its South Korean plants.

The strikes in the plants, which supply nearly half of Hyundai's vehicles sold globally, prevented the company from making 82,088 cars worth some USD1.5 billion.

It is worth noting that Hyundai's new plant in China, which manufactures the firm's popular Elantra compact car and began production in June, has allowed it to boost supply.

 






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