<p>South Korea's Hyundai Motor Group said on Monday it ranked third in first-half global vehicle sales on increased high-end model sales despite the lack of automotive chips.</p>.<p>Hyundai Motor, its independent Genesis brand and Hyundai's smaller affiliate Kia Corp. sold a total of 3.299 million vehicles in global markets in the January-June period, following Toyota Motor Group's 5.138 million units and Volkswagen Group's 4.006 million units, according to their sales data.</p>.<p>In the first six months, increased sales of Genesis models, the all-electric Hyundai IONIQ 5 and the pure electric Kia EV6 pushed up the Korean carmaker's sales ranking, reports Yonhap news agency.</p>.<p>The group's ranking jumped from fifth with sales of 3.475 million autos in the first half of 2021.</p>.<p>The Korean automaker's first-half sales fell 5.1 per cent from a year earlier, faring better than its global competitors.</p>.<p>Toyota Group's sales declined 6 per cent, Volkswagen Group's dropped 14 per cent, Stellantis' shed 16 per cent, and General Motors plunged 19 per cent.</p>.<p>Stellantis is a 50:50 joint venture set up through the merger of US carmaker Fiat Chrysler Automobiles N.V. and French automaker PSA Groupe.</p>.<p>Hyundai Motor said last week it will spend $424 million to build an artificial intelligence (AI) research centre in the US to bolster its edge in robotics technology, an area it cites as a key future growth driver.</p>
<p>South Korea's Hyundai Motor Group said on Monday it ranked third in first-half global vehicle sales on increased high-end model sales despite the lack of automotive chips.</p>.<p>Hyundai Motor, its independent Genesis brand and Hyundai's smaller affiliate Kia Corp. sold a total of 3.299 million vehicles in global markets in the January-June period, following Toyota Motor Group's 5.138 million units and Volkswagen Group's 4.006 million units, according to their sales data.</p>.<p>In the first six months, increased sales of Genesis models, the all-electric Hyundai IONIQ 5 and the pure electric Kia EV6 pushed up the Korean carmaker's sales ranking, reports Yonhap news agency.</p>.<p>The group's ranking jumped from fifth with sales of 3.475 million autos in the first half of 2021.</p>.<p>The Korean automaker's first-half sales fell 5.1 per cent from a year earlier, faring better than its global competitors.</p>.<p>Toyota Group's sales declined 6 per cent, Volkswagen Group's dropped 14 per cent, Stellantis' shed 16 per cent, and General Motors plunged 19 per cent.</p>.<p>Stellantis is a 50:50 joint venture set up through the merger of US carmaker Fiat Chrysler Automobiles N.V. and French automaker PSA Groupe.</p>.<p>Hyundai Motor said last week it will spend $424 million to build an artificial intelligence (AI) research centre in the US to bolster its edge in robotics technology, an area it cites as a key future growth driver.</p>