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Hyundai Motor Reports April 2023 Global Sales

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Corporate information 202305020000
Hyundai Motor Reports April 2023 Global Sales

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  • 2023 April global sales totaled 336,212 units, up 8.5% Y/y
  • Hyundai Motor sold 269,552 units outside of Korea, a 7.6% increase Y/y
  • Sales in Korea increased 12.2% Y/y to 66,660 units
  • The gradual recovery from the global parts shortage and newly launched models spurred the company’s robust sales momentum
  • In April, Hyundai sold nearly 23,000 EVs with a solid sales performance of dedicated EV models, including IONIQ 5 and IONIQ 6

SEOUL, May 2, 2023 – Hyundai Motor Company today announced its April 2023 global sales of 336,212 units, a 8.5 percent increase year-over-year. Despite the continued uncertainties in the business environment, the company maintained its robust sales momentum this year, thanks to solid demand for Hyundai vehicles.


In April, sales outside Korea increased by 7.6 percent to 269,552 units. The production stabilization from the global parts shortage helped to secure the company’s solid performance in North America, Europe and India.


Sales in Korea were up 12.2 percent from a year earlier to 66,660 units with the introduction of new models, including the all-new GRANDEUR (badged as AZERA outside of Korea) and strong demand for SUV models. In Korea, the GRANDEUR sold nearly 10,000 units and Hyundai’s SUV models collectively sold more than 21,349 units.


Hyundai Motor maintained its electric vehicle (EV) sales momentum by selling around 23,000 units around the globe in April. Hyundai’s dedicated IONIQ models, including IONIQ 5 and IONIQ 6, accounted for nearly 70 percent of the total EV sales.


To meet its customers’ diverse needs, Hyundai Motor will continue implementing various measures to deliver class-leading products, including the all-new KONA launched in March, SANTA FE and IONIQ 5 N, to be launched later this year. More details about the new models will be shared in the near future.


■ Sales Results (Units)

Region
April
’23
April
’22
Y/y Change
March
’22
M/M Change2023 YTD2022 YTDYTD Change
Korea 66,660 59,415 12.2%74,529 -10.6%257,707 211,513 21.8%
Outside of
Korea
269,552 250,461 7.6%308,752  -12.7%1,100,217 1,001,054 9.9%
Global336,212 309,876 8.5%383,281 -12.3%1,357,924 1,212,567 12.0%


* Monthly sales figures provided in this press release are unaudited and on a preliminary basis.

1. Sales in Korea is based on retail sales while overseas sales (global sales excluding Korea) is based on wholesales.

2. Sales results include sedan, SUV and CV models produced by Hyundai Motor.

3. This press release contains forward-looking statements that are based on current expectations about possible future events. Our actual results may differ due to a variety of factors.

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