Hyundai Motor Company has announced its May 2023 global sales of 349,194 units, an 7.8 percent increase year-over-year.
In May, sales outside Korea increased by 7.7 percent to 280,514 units. The gradual recovery from the global parts shortage and production stabilization have helped the company secure solid performance in North America, Europe and India.
Sales in Korea were up 8.4 percent from a year earlier to 68,680 units with the introduction of new models, including the all-new Grandeur (badged as Azera outside of Korea), and strong demand for SUV models. In Korea, the Grandeur sold over 11,500 units and Hyundai’s SUV models collectively sold more than 20,254 units.
Hyundai Motor maintained its electric vehicle (EV) sales momentum by selling around 23,000 units around the globe in May. Hyundai’s dedicated battery electric IONIQ models, including IONIQ 5 and IONIQ 6, accounted for nearly 70 percent of its total EV sales.
To meet its customers’ diverse needs, Hyundai Motor will continue implementing various measures to deliver class-leading products, including the all-new KONA SUV launched in March, Santa Fe SUV and IONIQ 5 N, to be launched later this year. More details about the new models will be shared in the near future.
