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Global Sales Drop 4.5% as Hyundai Feels the Pinch From Chip Shortage www.thinkwithniche.comban site

Hyundai Motor, South Korea’s largest carmaker, announced Friday that June sales were down 4.5 percent from last year. This was due to a continuing global chip shortage, which continued to impact its vehicle production and sales. Hyundai Motor sold a total number of 340,534 vehicles last June, a decrease from the 356,631 units it sold one year ago, the company stated in a statement.
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