By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Auto Magazine
  • Home
  • Auto Shows
    Auto ShowsShow More
    Maserati enthrals at FuoriConcorso with GT2 Stradale and MCXtrema
    May 14, 2025
    Leapmotor presents its range at Automobile Barcelona, Spain
    May 14, 2025
    Alfa Romeo sporting glory dominates “Fuori Concorso”
    May 13, 2025
    Market Art Fair Stockholm and BMW Sweden present Gregor Hildebrandt as artist for BMW Art Commission 2025
    May 13, 2025
    Driving Trade Forward: AfCFTA, AGOA,BRICS and the Tariffs – All On The Menu At Automechanika CEO Breakfast
    May 9, 2025
  • Bikes
    BikesShow More
    Desmo450 MX: Production of the first Ducati Motocross bike begins
    May 28, 2025
    25YM Honda NC750X
    May 13, 2025
    BMW Motorrad presents the new BMW R 1300 RS
    May 2, 2025
    BMW Motorrad presents the new BMW R 1300 RT
    April 30, 2025
    Honda NC750X Named Winner in 2025 Red Dot Design Award
    April 10, 2025
  • News
    NewsShow More
    Toyota Mobility Foundation announces five finalists for $3 million Venice Sustainable Cities Challenge
    May 29, 2025
    Mazda Production and Sales Results for April 2025
    May 29, 2025
    Nissan production, sales, and exports for April 2025
    May 29, 2025
    Honda Production, Sales and Export Results for April, 2025
    May 29, 2025
    Škoda Auto marks 55 years since production of the Skopak began in Pakistan
    May 29, 2025
  • Concepts
    ConceptsShow More
    FIAT unveils the manifesto Grande Panda 4×4
    May 20, 2025
    Renault 4 Savane 4×4 Concept makes its global debut at Roland-Garros 2025
    May 16, 2025
    Hyundai Motor and Plus Unveil Concept for Autonomous Hydrogen Freight Ecosystem at ACT Expo 202
    May 2, 2025
    Hyundai Motor Unveils the new IONIQ 6 and IONIQ 6 N Line
    April 5, 2025
    Kia and LG Electronics Partner to Showcase New PBV Concepts for Work and Play
    April 4, 2025
  • Interviews
    InterviewsShow More
    Kosmas “Dudie” Mamaloukos – The Formidable Racing Talent
    May 15, 2025
    Hi-Range Safari City
    Hi-Range Safari City – The Premier outfitter for 4×4 customization
    May 15, 2025
    BEHIND THE SCENES: ARCHIE RUTHERFORD ON WHAT IT TAKES TO BRING THE W2RC TO SOUTH AFRICA
    May 9, 2025
    Europe and China’s automotive future in a shifting global order
    May 5, 2025
    Sourcing Guide Right-Hand Drive American SUVs and Pickup Trucks in Africa
    April 29, 2025
  • EVs
    EVsShow More
    SEAT S.A. moves towards electric car production in Martorell
    May 29, 2025
    Polestar 3 wins Best EV SUV and Luxury Car of the Year awards
    May 29, 2025
    All-New Nissan MICRA EV debuts ahead of European launch
    May 28, 2025
    BMW Group and Solid Power are testing all-solid-state battery cells in a BMW i7
    May 20, 2025
    Toyota Debuts Stylish, Powerful 2026 C-HR Battery Electric Vehicle
    May 18, 2025
  • Motosport
    MotosportShow More
    43rd Rally Due Valli: Lancia Ignites Verona with a High-Tension Challenge
    May 29, 2025
    Lærke Rønn, Alexia Danielsson, Rasmus Vendelbo, Porsche Sprint Challenge Scandinavia, 2025, Porsche AG
    The schoolgirl who’s just won her debut GT race
    May 28, 2025
    Porsche with new qualifying record and ongoing points streak ahead of China
    May 28, 2025
    Nissan Formula E Team looking to reinforce championship lead in Shanghai
    May 28, 2025
    Opel Mokka GSE Rally: A New Star in Electric Rallying
    May 28, 2025
  • Trucks & Buses
    Trucks & BusesShow More
    MAN development team for autonomous driving is ‘Engineering Team of the Year’
    May 29, 2025
    Scania to start deliveries of new electric buses to northern Sweden
    May 29, 2025
    From left to right: Jens Böther, Regional Council; Nikolas Wenzel, Managing Director of MOIN; Claudia Kalisch, Mayor of Lüneburg; Alex Meier, Depot Manager; Nils Richert, Daimler Buses
    Daimler Buses builds a completely new electric bus depot for a customer for the first time
    May 28, 2025
    600 km range and superfast charging – meet Volvo’s new electric truck
    May 20, 2025
    Vandijck Transport tests the eActros 600 on a long-haul route of over 1,500 kilometers
    Vandijck Transport tests the eActros 600 
    May 18, 2025
  • Reviews
    ReviewsShow More
    GR Supra pushes performance limits with A90 Final Edition and Lightweight EVO
    May 28, 2025
    The new BMW M2 CS
    May 28, 2025
    Defender upgraded: The unstoppable 4×4 is now even more distinctive 
    May 28, 2025
    From vision to Veyron: the evolution of a Bugatti icon
    May 17, 2025
    The new Mercedes-Maybach SL Monogram Series
    May 13, 2025
  • Tech
    TechShow More
    VNC Automotive Partners with P3 to Enhance the SPARQ OS Platform
    May 29, 2025
    Artificial intelligence: Audi boosts production efficiency
    May 28, 2025
    Greater efficiency and productivity with artificial intelligence – generative AI in BMW Group Purchasing
    May 19, 2025
    Aston Martin debuts Apple CarPlay Ultra for iPhone users
    May 16, 2025
    Mercedes-Benz customers in Germany can now purchase and pay for e-Vignettes directly from their vehicle
    May 15, 2025
Hot News
SEAT S.A. moves towards electric car production in Martorell
Toyota Mobility Foundation announces five finalists for $3 million Venice Sustainable Cities Challenge
43rd Rally Due Valli: Lancia Ignites Verona with a High-Tension Challenge
Polestar 3 wins Best EV SUV and Luxury Car of the Year awards
Mazda Production and Sales Results for April 2025
Latest News

Start of the BMW Art Car World Tour in Vienna

Trucks & Buses

Iveco Group and Hyundai Motor unveil a new hydrogen city bus

Latest News

ROLLS-ROYCE MOTOR CARS OPENS APPLICATION WINDOW FOR 2025 GRADUATE SCHEME

Motosport

Manthey EMA driver Thomas Preining is the new championship leader

Font ResizerAa
The Auto MagazineThe Auto Magazine
  • Home
  • Auto Shows
  • Bikes
  • News
  • Concepts
  • Interviews
  • EVs
  • Motosport
  • Trucks & Buses
  • Reviews
  • Tech
Search
  • Home
  • Auto Shows
  • Bikes
  • News
  • Concepts
  • Interviews
  • EVs
  • Motosport
  • Trucks & Buses
  • Reviews
  • Tech
Follow US
Crafted by Intellegere Media. © 2024 The Auto Magazine. All rights reserved.
Latest News

Hyundai Motor Reports 2024 Global Sales and 2025 Targets

Itumeleng Garebatshabe
Last updated: January 3, 2025 19:18
By Itumeleng Garebatshabe
507 Views
3 Min Read
Share
3 Min Read
SHARE
  • Hyundai Motor’s 2024 global sales totaled 4.14 million units, a 1.8% decline Y/y
    ⋯ 3,436,781 units outside of Korea and 705,010 units in Korea
  • Hyundai Motor targets global sales of more than 4.17 million vehicles in 2025
  • The company aims to boost its competitiveness by increasing sales of electrified models, expanding local production globally, enhancing its issue management system, and implementing flexible, profitable manufacturing operations

Hyundai Motor Company (Hyundai Motor) today announced total global sales of 4,141,791 vehicles in 2024, marking a 1.8 percent decrease compared with its 2023 results.

Over the last year, the company sold 3,436,781 vehicles annually outside of Korea, demonstrating nearly flat year-over-year performance, while sales in Korea reached 705,010 units, a 7.5 percent decrease compared to the previous year.

- Advertisement -
Ad image

In December 2024, Hyundai Motor sold 330,059 units globally, comprising 268,736 units in overseas markets and 61,323 vehicles in Korea.

Despite continued uncertainties about interest rates and global inflation, as well as slower market expectations in the automotive industry, Hyundai Motor saw strong sales momentum in the North American market. It also strengthened its product mix in global markets through its new models last year.

In 2025, Hyundai Motor is aiming to achieve global sales of 4.17 million units, including its Genesis luxury brand. The company will optimize its product portfolio and vehicle supply management for each region, targeting the sale of 3.46 million units in overseas markets and 710,000 units in Korea.

To achieve this goal, the company will focus on strengthening its market competitiveness by expanding sales of electrified models, including hybrids and battery electric vehicles, and scaling up local production around its global manufacturing facilities.

In addition, Hyundai Motor will enhance its proactive issue management and flexible production system for a variety of models while implementing profitable business operations.

■ 2024 Sales Results (Units)

RegionDec.’24Dec.’23Y/y
 Change
Nov.’24M/m
 Change
2024
 YTD
2023
 YTD
YTD
 Change
Korea 61,32362,172-1.4%63,170-2.9%705,010762,077-7.5%
Outside of Korea268,736281,002-4.4%294,865-8.9%3,436,7813,454,821-0.5%
Global 330,059343,174-3.8%358,035-7.8%4,141,7914,216,898-1.8%

■ 2025 Sales Targets (Units)

Subject2025 Targets2024 Results
Korea Sales710,000705,010
Overseas Sales3,464,0003,436,781
Global Sales4,174,0004,141,791
TAGGED:global salesHyundai Motor Company

Sign Up For Daily Newsletter

Stay Updated! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp LinkedIn VKontakte Telegram Email Copy Link Print
Share
ByItumeleng Garebatshabe
Editor
Follow:
Itumeleng is the Managing Editor of The Auto Magazine. He is a tech and car enthusiast

Follow US

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow
TelegramFollow
Google NewsFollow
LinkedInFollow
- Advertisement -
Ad imageAd image

You Might Also Like

Latest News

Kia announces August 2023 global sales results

By Itumeleng Garebatshabe
September 6, 2023
Latest News

Hyundai Motor Reports March 2025 Global Sales

By Itumeleng Garebatshabe
April 2, 2025
Latest News

Mercedes-Benz Group sales rise to 2,491,600 cars and vans in 2023

By Itumeleng Garebatshabe
January 11, 2024
Latest News

Volvo Cars’ sales up 10 per cent in October

By Itumeleng Garebatshabe
November 6, 2023
Latest News

Audi delivered around 1.7 million vehicles worldwide in 2024

By Itumeleng Garebatshabe
January 13, 2025
Trucks & Buses

Volvo Trucks in 2023: All-time high sales and expanded electric truck offer

By Itumeleng Garebatshabe
March 13, 2024

The Auto Magazine

  • Advertise
  • About Us
  • Contact
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
  • Bikes
  • Electric Vehicles
  • Trucks & Buses
  • Auto Shows
  • Latest News
  • Motosport

Made by Intellegere Media. All rights reserved. 2023

Don't not sell my personal information
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc.

Zero spam, Unsubscribe at any time.
adbanner