Hyundai Clocks 20% US Retail Sales Decline In April

  • Hyundai Motor Company HYMTF said its U.S. retail sales for the month of April declined 20% year-over-year.
  • The auto major sold 61,668 units in April in the U.S. versus 77,523 units sold last year.
  • Electrified vehicle retail sales increased 68% Y/Y in April.
  • The company's year-to-date retail sales in the U.S. fell 10% to 221,344 units.
  • "Even with the challenges facing our industry, we were able to exceed the pre-pandemic total and retail sales of April 2019," said national sales vice president Randy Parker.
  • Price Action: HYMTF shares are trading lower by 0.95% at $36.40 on the last check Tuesday.

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