- October 2024 global sales totalled 371,421 units, a decrease of 1.6% Y/y
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- Hyundai Motor sold 64,912 units in Korea, a 0.9% increase Y/y
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- Hyundai Motor sold 306,509 units outside of Korea, a 2.1% decrease Y/y
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- Global sales from January to October of 2024 were down 1.6% compared with the same period last year
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| Hyundai Motor Company announced today a 1.6 percent decrease in its global sales from a year earlier, with a total of 371,421 units sold in October 2024.
The company sold 306,509 units outside of Korea, a decrease of 2.1 percent compared to October 2023.
In Korea, Hyundai Motor sold 64,912 units in October, an increase of 0.9 percent compared with the same month last year.
Hyundai Motor’s SUV models collectively sold 22,812 units in the domestic market last month, while the Genesis luxury brand maintained solid momentum, with sales of 10,655 units.
The company also sold over 20,000 electric vehicles (EVs) worldwide in October, 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 to meet demand and respond flexibly to changes in regional markets. |
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As announced at the recent CEO Investor Day, the company also plans to increase profitability by diversifying its hybrid and EV lineups, including INSTER, its new sub-compact EV, and IONIQ models. The company will also continue to improve its regional and product mix, optimize production, and enhance its product mix with more SUVs and luxury models. |
| ■ Sales Results (Units) |
| Region |
OCT.
’24 |
OCT.
’23 |
Y/y Change |
SEP.
’24 |
M/M Change |
2024 YTD |
2023 YTD |
YTD Change |
| Korea |
64,912 |
64,328 |
0.9% |
55,805 |
16.3% |
580,517 |
627,847 |
-7.5% |
| Outside of Korea |
306,509 |
313,004 |
-2.1% |
287,842 |
6.5% |
2,866,654 |
2,876,521 |
-0.3% |
| Global |
371,421 |
377,332 |
-1.6% |
343,647 |
8.1% |
3,447,170 |
3,504,368 |
-1.6% |
* Monthly sales figures provided in this press release are unaudited and on a preliminary basis. |
| 1. Sales in Korea are based on retail sales while overseas sales (global sales excluding 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 |
| For the full document click the link below: |
| Hyundai Motor Company |
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