Sol. Hyundai Motor and its affiliate Kia said on Wednesday that their combined sales in the United States fell 11 percent last month from a year ago amid prolonged global chip shortages. Hyundai, its independent Genesis brand and Kia sold 128,283 vehicles in the world’s most important automobile market in July, compared to 143,779 a year ago, according to the companies’ sales data.
Hyundai’s sales last month declined 11 per cent to 60,631 units from 68,500 a year ago.
According to a report by news agency Yonhap, Kia also fell 11 percent to 62,449 from 70,099 during the same period.
But Genesis sales rose 0.4 per cent to 5,203 units from 5,180 during the same period.
As the data shows, from January to July, carmaker sales in the US fell 12 percent to 831,158 autos from 948,723 during the same period last year.
Late last month, Hyundai Motor appointed a new chief executive for its US operations.
Hyundai promoted Randy Parker to CEO of Hyundai Motor America.
He will be in charge of Hyundai’s commercial automotive operations in the US market.
Parker will report to Jose Munoz, President and CEO of Hyundai Motor America.
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