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Benzinga
Benzinga
Business
Shivani Kumaresan

Hyundai Motor America Registers 1.4% Retail Sales Growth In Q1

Hyundai Hyundai Motor America HYMTF Hyundai Motor Co
  • Hyundai Motor Co's (OTC:HYMTF) Hyundai Motor America reported a 1.4% increase year-over-year in Q1 FY22 retail sales. Total Q1 sales declined 4%.
  • The company reported Q1 retail sales of 159,676 units versus 157,470 units last year. Electrified vehicle retail sales increased 241% Y/Y.
  • Hyundai's March 2022 sales fell 21% Y/Y to 59,380 units. Month over month retail and total sales were up 13%. 
  • Hyundai Nexo sales increased 277% in March and 113% in Q1.
  • Price Action: HYMTF shares are trading higher by 2.13% at $36.00 on the last check Friday.
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