Hyundai Motor Company has announced its January 2023 global sales of 306,296 units, a 8.4 percent increase over last year.
City Business News report that despite the continued uncertainties in the business environment, Hyundai global sales have grown steadily from last year thanks to popular new models and strong demand for the brand.
In January, sales outside of Korea increased 7.8 percent to 254,793 units. Solid performance in the North American and European markets as well as the Indian and Asia-Pacific markets on a wholesale basis helped drive momentum.
According to Hyundai, sales in Korea reached 51,503 units, 11.5 up percent from a year earlier. The company maintained a strong momentum of SUV models selling 14,635 units.
Also, Hyundai Motor maintained its EV sales momentum by selling nearly 14,000 units in January, led by IONIQ 5 and IONIQ 6. The two models sold more than 9,000 units together.
In 2023, the company is aiming for global sales of 4.32 million units, including its Genesis luxury brand, with optimized business strategies tailored for each region. The company aims to sell 3.54 million units in overseas markets and 781,000 units in Korea.
To meet its customers’ diverse needs, Hyundai Motor will continue implementing various measures to deliver the world’s best products, including the all-new KONA, Santa Fe and IONIQ 5 N, the company’s first high-performance EV. More details about these new models will be shared in the near future.
In particular, Hyundai Motor will disclose more details about the all-new KONA in March. The B-SUV will be available in multiple powertrain variants, including EV, hybrid (HEV) and internal combustion engine (ICE), in global markets.