Hyundai Motor Company has announced global sales of 347,377 units in August 2023, a 3.2 percent increase year-over-year.
City Business News reports that despite continued uncertainties in the business environment, the company is maintaining robust sales momentum due to the gradual recovery from the global parts shortage and the launch of new models, including the all-new KONA SUV and all-new Grandeur flagship sedan (badged as Azera outside of Korea).
In August, sales numbers outside Korea increased by 1.5 percent with 291,822 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 increased 12.9 percent from the previous year’s August sales of 55,555 units with the solid performance of new models, including Grandeur, and strong demand for SUV models. Grandeur sold 8,820 units and Hyundai’s SUV models collectively sold 18,260 units in Korea. The Genesis luxury brand also maintained strong momentum with 9,180 units sold.
Hyundai Motor sold more than 18,000 units of its electric vehicle (EV) models in August, proving that the company is solidifying its EV leadership in the global market. Hyundai’s dedicated battery electric IONIQ models, including IONIQ 5 and IONIQ 6, accounted for around 70 percent of its total EV sales.
By August this year, Hyundai sold 2,765,554 units around the globe, up 8.6 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 SUV, IONIQ 5 N, and Santa Fe SUV launched this year.