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Hyundai Motor Reports June 2024 Global Sales

Itumeleng Garebatshabe
Last updated: July 2, 2024 19:05
By Itumeleng Garebatshabe
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  • June 2024 global sales totaled 351,516 units, a 6.3% decrease Y/y
  • Hyundai Motor sold 291,712 units outside of South Korea, a 4.4% decrease Y/y
  • The company sold more than 18,000 units of electric vehicles (EVs) worldwide

Hyundai Motor Company today announced that its global sales were down 6.3 percent from a year earlier to 351,516 units in June 2024.

The company sold 291,712 units outside of Korea, a decrease of 4.4 percent compared to June 2023.

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In Korea, Hyundai Motor sold 59,804 units in June, a decrease of 14.8 percent compared with the same month last year.

Hyundai Motor’s SUV models collectively sold 19,056 units in the domestic market last month, while the Genesis luxury brand maintained solid momentum, with sales of 12,104 units.

The company also sold more than 18,000 electric vehicles (EVs) in June worldwide, maintaining its EV sales momentum and solidifying its electrification leadership in the global market.

To cope with business uncertainties, Hyundai Motor is strengthening its production and sales system to meet demand and respond flexibly to changes in regional markets. The company also plans to increase profitability by enhancing its product mix with more SUVs and luxury models.

In June, Hyundai Motor unveiled the all-electric INSTER, a new A-segment sub-compact EV (badged as CASPER Electric in Korea), at the 2024 Busan International Mobility Show. The model is expected to reinforce the company’s EV lineup.

■ Sales Results (Units)

RegionJune’24June’23Y/y ChangeMay’23M/M Change2024 YTD2023 YTDYTD Change
Korea59,80470,163-14.8%62,200-3.9%345,704396,550-12.8%
Outside of Korea291,712305,004-4.4%294,897-1.1%1,716,1791,684,9711.9%
Global351,516375,167-6.3%357,097-1.6%2,061,8832,081,521-0.9%
TAGGED:global salesHyundai Motor Company

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