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 chip.
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.
Toyota Motor Group's 5.138 million units and Volkswagen Group's 4.006 million units, according to their sales data.
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.
The group's ranking jumped from fifth with sales of 3.475 million autos in the first half of 2021.
The Korean automaker's first-half sales fell 5.1 per cent from a year earlier, faring better than its global competitors.
Hyundai Motor said last week it will spend $424 million to build an AI research centre in the US to bolster its edge in robotics technology, an area it cites as a key future growth driver.