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Hyundai Motor Reports February 2024 Global Sales

Itumeleng Garebatshabe
Last updated: March 4, 2024 12:56
By Itumeleng Garebatshabe
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  • Hyundai Motor sold 267,256 units outside of South Korea, an 1.5% increase Y/y
  • February 2024 global sales totaled 314,909 units, a 4.1% decrease Y/y

Hyundai Motor Company today announced global sales of 314,909 units in February 2024, a 4.1 percent year-over-year decrease.

Thanks to solid sales momentum for the brand in North America, Europe and India, sales outside South Korea increased by 1.5 percent in February to 267,256 units.

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In South Korea, due to the temporary suspension of production at Hyundai Motor’s Asan Plant in South Korea, which is revamping its facilities for electric vehicle (EV) production, and line maintenance work at its third plant in Ulsan, Hyundai Motor sold 47,653 units in February, a decrease of 26.7 percent compared with the same month last year.

■ Sales Results (Units)

SubjectFeb.’24Feb.’23Y/y ChangeJan.’23M/M Change2024 YTD2023 YTDYTD Change
Korea47,65360,515-26.70%49,810-4.3%97,463116,518-16.4%
Outside of Korea267,256263,2931.5%268,046-0.3%535,302521,9132.6%
Global314,909328,308-4.1%317,856-0.9%632,765638,431-0.9%
TAGGED:global salesHyundai Motor Company

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