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Business Hyundai Motor Reports November 2023 Global Sales

(Press Release) Hyundai Motor Reports November 2023 Global Sales.docx
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Business 202312011500
Hyundai Motor Reports November 2023 Global Sales

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  • November 2023 global sales totaled 365,576 units, a 5% increase Y/y
  • Hyundai Motor sold 293,518 units outside of South Korea, a 2.1% increase Y/y
  • Sales in South Korea were up 18.3% Y/y, to 72,058 units
  • Global sales from January to November of 2023 up 7.6% compared with the same period last year

SEOUL, December 1, 2023 – Hyundai Motor Company today announced global sales of 365,576 units in November 2023, a five percent year-over-year increase.


The company is maintaining robust sales momentum with its SUVs thanks to the launch of new models, including the all-new SANTA FE and KONA, and strong demand for Hyundai vehicles in major markets.


In November, sales outside Korea increased by 2.1 percent, to 293,518 units. The stabilization of production in its facilities around the globe helped the company achieve solid sales performance in North and South America, Europe and India.


Sales in South Korea increased 18.3 percent in November compared with the same month last year, to 72,058 units. The all-new Grandeur flagship sedan (badged as Azera outside of South Korea) sold 7,980 units, while Hyundai Motor’s SUV models sold 26,783 units collectively in the domestic market. The Genesis luxury brand also maintained strong momentum, with sales of 10,889 units.


Hyundai Motor sold more than 16,000 electric vehicle (EV) models worldwide in November, solidifying its EV leadership in the global market.


From January to November this year, the company sold 3,869,947 units around the globe, up 7.6 percent over the same period a year earlier.


To meet its customers’ diverse needs, Hyundai Motor will continue to deliver class-leading products, including the all-new KONA and SANTA FE SUVs and the IONIQ 5 N high-performance EV, launched this year.


■ Sales Results (Units)

Region
November 
’23
November
’22
Y/y Change
Oct.
’23
M/M Change2023 YTD2022 YTDYTD Change
Korea 72,05860,92618.3%64,32812.0%699,905618,49713.2%
Outside of
Korea
293,518287,3542.1%313,007-6.2%3,170,0422,978,7446.4%
Global365,576348,2805.0%377,335-3.1%3,869,9473,597,2417.6%


* 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.

Dain Kang

Global PR · Hyundai Motor Company

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About Hyundai Motor Company

Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe. Based on the brand vision ‘Progress for Humanity,’ Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider. The company invests in advanced technologies such as robotics and Advanced Air Mobility (AAM) to bring about revolutionary mobility solutions, while pursuing open innovation to introduce future mobility services. In pursuit of sustainable future for the world, Hyundai will continue its efforts to introduce zero emission vehicles equipped with industry-leading hydrogen fuel cell and EV technologies.


More information about Hyundai Motor and its products can be found at:

https://www.hyundai.com/worldwide/en/ or Newsroom: Media Hub by Hyundai


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