Hyundai Motor Sales Plummet to Four-Year Low Amid Production Strike

Hyundai strike sends August sales to four-year low

Hyundai Motor’s global sales fell below 300,000 vehicles in August for the first time in more than four years after its first full-scale strike in a decade disrupted production. The setback also sharply narrowed the sales gap between Hyundai and smaller affiliate Kia. Hyundai said Tuesday that global sales dropped 14.2 percent year on year to 288,574 vehicles. Domestic sales plunged 41.1 percent to an 11-year low of 34,333 units. It was Hyundai’s first monthly domestic tally below 40,000 since F

By The Korea Herald