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Benzinga

Business

Shivani Kumaresan

Read How Hyundai Motor America Performed In May

Hyundai Motor America HYMTF Randy Parker Hyundai Motor Co Wikimedia Commons

Hyundai Motor Co's (OTC:HYMTF) Hyundai Motor America reported sales of 59,432 units for the month of May, a 34% decrease year-over-year.
The automaker had no fleet sales in May 2022.
The company has sold 280,776 units year-to-date, a 16% decline Y/Y.
Randy Parker, SVP, national sales, Hyundai Motor America, said, "We expect demand to remain strong and inventory levels to improve later in 2022."
Price Action: HYMTF shares are trading lower by 0.52% at $36.30 on the last check Wednesday.
Photo Via Wikimedia Commons

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