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Hyundai Motor Reports September 2023 Global Sales

Itumeleng Garebatshabe
Last updated: October 5, 2023 15:11
By Itumeleng Garebatshabe
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  • 2023 September global sales totaled 357,151 units, near-flat Y/y
  • Hyundai Motor sold 303,240 units outside of Korea, a 0.9% increase Y/Y
  • Sales in Korea were down 5.3% Y/y to 53,911 units
  • Global sales from January to September of 2023 are up 7.7% from a year earlier

Hyundai Motor Company today announced global sales of 357,151 units in September 2023, maintaining consistency with a minor 0.1 percent year-over-year decrease.

Despite continued uncertainties in the business environment, the company is maintaining robust sales momentum for SUV models thanks to the gradual recovery from the global parts shortage and the launch of new models, including the all-new SANTA FE and KONA SUVs.

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In September, sales numbers outside Korea increased by 0.9 percent with 303,240 units. The gradual recovery from the global parts shortage and production stabilization has helped the company secure solid performance in North American, European and Indian markets.

Sales in Korea decreased 5.3 percent from the previous year’s September sales of 53,911 units. The all-new Grandeur flagship sedan (badged as Azera outside of Korea) sold 8,159 units and Hyundai Motor’s SUV models collectively sold 19,119 units in Korea. The Genesis luxury brand also maintained strong momentum with 8,514 units sold.

Hyundai Motor sold around 18,000 units of its electric vehicle (EV) models in September, proving that the company is solidifying its EV leadership in the global market.

From January to September this year, the company sold 3,127,001 units around the globe, up 7.7 percent from the same period a year earlier, thanks to solid demand for Hyundai models.

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

■ Sales Results (Units)

RegionSept.’23Sept.’22Y/y ChangeAugust’23M/M Change2023 YTD2022 YTDYTD Change
Korea 53,91156,910-5.3%55,555-3.0%563,519496,83513.4%
Outside ofKorea303,240300,6450.9%296,1152.4%2,563,4822,407,2166.5%
Global357,151357,555-0.1%351,6701.6%3,127,0012,904,0517.7%

TAGGED:global salesHyundai Motor Company

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