Hyundai Motor Reports November 2023 Global Sales

  • 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 26,968 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)

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

1. Sales in South Korea are based on retail sales while overseas sales (global sales excluding South Korea) are 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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