Hyundai Motor reported a 7.7% year-on-year decline in global sales for May, selling 325,473 vehicles. The decrease was attributed to production disruptions caused by parts supply shortages, with overseas sales down 4.6% and domestic sales down 23.1%.
Kia Corp. announced a 2.7% increase in global sales for May, selling 277,715 units. The Sportage SUV was a key driver, with strong demand also noted for hybrid models in the US and electric vehicles in Europe.
Nvidia CEO Jensen Huang declared America a priority for advanced chip sales, stating China should not have access to the "latest and greatest" AI technology. However, he urged the US not to abandon the Chinese market entirely, arguing that global sales and increased tax revenues strengthen American economic and national security.
Nvidia CEO Jensen Huang declared America a priority for advanced chip sales, stating China should not have access to the "latest and greatest" AI technology. However, he urged the US not to abandon the Chinese market entirely, arguing that global sales and increased tax revenues strengthen American economic and national security.
Nvidia CEO Jensen Huang declared America a priority for advanced chip sales, stating China should not have access to the "latest and greatest" AI technology. However, he urged the US not to abandon the Chinese market entirely, arguing that global sales and increased tax revenues strengthen American economic and national security.
Hyundai Motor reported an 8 percent drop in global sales for April, citing production shortfalls and supply chain disruptions. Domestic sales saw a significant 19.9 percent decline, while international sales fell by 5.1 percent.
Kia Corp. reported a 1% year-on-year increase in global sales for April, reaching 277,188 units. While domestic sales grew by 7.9%, international sales saw a slight decline of 0.7% due to geopolitical tensions in the Middle East and Africa.
