
Hyundai Motor Co. reported that its second-generation Palisade SUV has sold nearly 300,000 units globally since its January 2025 launch, with 281,920 units sold by August and hybrid variants accounting for 72.1% of sales in the first eight months of the year, driven by strong North American demand.
AI-generated summary
The second-generation Palisade was launched in January 2025 as a full redesign of Hyundai's flagship large SUV, succeeding the first-generation model introduced in December 2018.
SEOUL, Sept. 27 (Yonhap) -- Hyundai Motor Co. said Sunday its second-generation Palisade, the automaker's flagship large sport utility vehicle (SUV), has sold nearly 300,000 units globally in the 20 months since its launch.
The automaker said 281,920 units of the all-new Palisade had been sold as of August since the fully redesigned model was launched in January 2025, with average monthly sales of about 15,000 units.
At the current sales pace, cumulative sales of the second-generation model are expected to surpass 300,000 units soon.
The fully redesigned second-generation Palisade debuted about six years after the first-generation model was launched in December 2018.
Its hybrid variant accounted for 72.1 percent of Palisade sales in the first eight months of this year, driven by strong demand, particularly in North America.
Combined sales of the first- and second-generation Palisade reached 1.24 million units as of August. The model surpassed 1 million units in cumulative sales in May 2025, about 6 1/2 years after its debut.
AI outlook โ possibilities, not facts
Cumulative sales of the second-generation Palisade will surpass 300,000 units soon
Very likely ยท Within weeks

On the occasion of a state visit to Mexico, the Korean Minister of Trade, Industry and Energy signed an economic, industrial and resource cooperation initiative with the Mexican Minister of Economy, agreed to initiate a study of common interests to initiate a trade agreement, and signed four private MOUs at the business forum.

Korean Air's deferred revenue related to unused mileage increased 9.7% to KRW 3.1199 trillion in the first half of this year, but the percentage of mileage ticket use fell for two consecutive years from 11.8% in 2023 to 11% in 2024 and 10.3% last year, and the total distance traveled by users also decreased by 5.1%.

Lee Young-gon, head of Toss Securities Research Center, said that although AI investment is still ongoing, it has become important to check whether companies have sustainable investment capacity. In addition, he predicted that the domestic stock market is likely to show a lull with fewer transactions compared to the first half of the year, and emphasized Toss Securities Research Center's individual investor-centered approach and concerns about shareholder value dilution related to the listing of SK Hynix Solidigm.

Apartment sales prices in the Gwangju area showed a continuous decline from February to June of this year, but turned to an upward trend in July due to the news of Jeonnam Gwangju Consolidation and the establishment of semiconductor factories by SK Hynix and Samsung Electronics. The increase was especially large in Seo-gu and Gwangsan-gu.

South Korea's tourism balance shifted to a $50.3 million deficit in July after four months of surpluses, as outbound spending by South Koreans exceeded inbound tourism revenue, reversing gains driven earlier in the year by K-pop events like BTS concerts.

Gyeongsangnam-do announced that it will host the '2026 Gyeongsangnam-do Investment Attraction Information Session' at the Westin Chosun Hotel in Seoul on the 20th of next month by inviting about 300 CEOs and officials of companies in the metropolitan area. The briefing session was prepared to attract investment from companies in the metropolitan area in line with Gyeongnam's future growth strategy and the government's investment plan for high-tech industries in the Yeongnam region. It will provide support from investment review to actual investment by introducing major industries and investment locations, providing information on customized support systems and incentives for companies, and identifying investment plans and difficulties through one-on-one consultation.