Record High Sales of Hybrid Models
HMC posted record high sales of hybrid models at 170,000 units, which is 15.8% of total sales. The Genesis brand also showed a solid performance, taking up 5.5% of the total sales.
Growth in Eco-Friendly Vehicle Sales
Sales of eco-friendly vehicles increased by 36.4% compared to the previous year, driven by a shift towards fuel-efficient eco-friendly vehicle mixes, mainly in the European market and strong sales in the U.S. market.
Revenue Growth
Consolidated revenue rose by 7.3% year-over-year to KRW 48.3 trillion, driven by favorable foreign exchange rates and expansion in high-value segments.
Strong U.S. Market Performance
Sales in the U.S. increased by 3.3% year-over-year, with eco-friendly vehicles recording a significant increase of 32.5% compared to the previous year.
Positive Finance Business Performance
Revenue from the finance business increased by 16.4% year-over-year due to continuous growth in the U.S. market penetration rate and asset size.