The Hyundai Motor Group's U.S. vehicle sales in the fourth quarter of 2023 grew by 4.01 percent compared to the fourth quarter of 2022. The Hyundai brand makes up just above half of the sales in the Hyundai-Kia family with nearly 206,050 units in sold Q4 2023. Hyundai-Kia company overview
Hyundai and Kia are both South Korean motor vehicle companies. The Hyundai Motor Company was founded in 1967 and incorporated part of the Kia Motors Corporation when Kia filed for bankruptcy. Customer satisfaction with the Hyundai brand has remained relatively stable within the United States in recent history. The United States is also part of the largest regional market for Kia: around 782,500 Kia vehicles were sold here in 2023. Hyundai-Kia industry rankings
Hyundai’s track record of customer satisfaction has contributed to its parent company regaining market shares in the past years. Between 2011 and 2017, the company experienced a decrease of over one percent market share in the United States. As of 2023, the manufacturer held some 10.8 percent of the U.S. light vehicle market and remained one of the top 10 automobile manufacturers in the country.

Hyundai reported sales revenue of ***** trillion South Korean won in 2024. Founded in 1967, Hyundai would go on to manufacture the first South Korean car. The passenger car segment is the largest contributor to the company's revenue. Domestic sales offset sales slump In 2020, passenger car sales were down roughly ** percent for Hyundai, despite a *** percent increase in sales in South Korea. 2021 and 2022 marked a clear improvement for Hyundai, with its sales revenue exceeding that recorded in 2019 by 2021, but the performance of South Korean brands on the Chinese market—the world's largest automobile market —has not been improving. The market share of South Korean passenger car brands in China had dropped from *** percent in 2020 to *** percent in 2021. As alternative fuel vehicles are becoming the favored technology in China, Hyundai is expected to significantly increase their number of “green” models which will be necessary to compete in the future market. Shift towards sustainable technologies In an effort to respond to shifts in consumer demand, Hyundai announced plans to invest more in sustainably-powered cars. The company had been working to build its first overseas hydrogen fuel cell plant in China. The Hyundai Elantra Hybrid Blue and Kona Electric were already among the world's most environmentally friendly MY 2024 cars. Hyundai's Porter 2 EV was also the most popular electric vehicle model on the South Korean market in 2023, with sales nearing ****** units.

In 2023, Hyundai Motor Company sold approximately **** million vehicles. Kia Motors sold almost *** million units that year. Hyundai Motor Company acquired Kia Motors in a merger in the late *****.

In 2024, over ***** thousand vehicles were produced in Hyundai Motor Company's factory based in Brazil. This was the highest production output recorded during the surveyed period. The Hyundai HB20 model family was manufactured at this facility.

In 2024, the all-new Santa Fe was the best-selling model among Hyundai cars in South Korea, with more than 77 thousand unit sales. That year, Hyundai Motor recorded the largest market share in domestic sales. Hyundai’s steady growth The sales revenue of Hyundai Motors has steadily increased over the past decade, reaching a new record of over 160 trillion South Korean won. Passenger cars have dominated Hyundai’s domestic sales, while the number of commercial vehicles sold experienced a slight decrease in 2023. Nevertheless, the sales revenue for Hyundai's small commercial vehicles has shown an overall increase, reaching a peak of five million won. Rise of green mobility There has been a shift towards environmentally friendly mobility in recent years, resulting in an increasing number of electric vehicles being sold. One of the bestselling electric car models has been the commercial vehicle Hyundai Porter 2 EV, with over 25,000 units sold. Hyundai Kona Electric has also emerged as a popular choice in the hybrid electric car industry, with domestic sales exceeding 11,000 units in 2023, reflecting a growing demand for sustainable transportation solutions.

Over the period under consideration, the sales volume of Hyundai cars in Italy fluctuated considerably, reaching a peak of almost 59,000 units in 2017. In 2020, the sales volume amounted to just over 33,000 units, the lowest sales figure over the time period.

In 2024, the revenue from Hyundai Motor's passenger cars amounted to approximately 24.7 trillion South Korean won. Although this was down from 27.3 trillion won in the previous year, the sales revenue from the segment have generally been on the rise since 2019.

This statistic shows the number of Hyundai cars registered in Spain between 2009 and 2019. Spanish registrations of Hyundai cars grew gradually over the analyzed period of time in Spain, increasing by approximately * thousand registered units between 2013 and 2014. Registration of Hyundai cars in Spain stood at **** thousand units in 2019.

In 2024, Hyundai Motor Company sold almost *** million vehicles in the North America region. This was an increase from the previous year's sales. The North American region had traditionally recorded the highest sales for the company, with Europe ranking second. That year, Hyundai Motor sold around than 3.44 million units worldwide.

This statistic shows the monthly amount of cars sold by Hyundai in the United Kingdom (UK) between July 2016 and December 2019. Peaks in registration numbers were recorded in March and September of each year, which was due to the issuing of license plates by the Driver & Vehicle Licensing Agency (DVLA) in those months. In December 2019, 3,801 new Hyundai cars had been sold. This company is one of the leading car brands in the UK.

In 2024, Hyundai Motor Company sold around ***** thousand vehicles in China. This was yet another decrease from the previous year, and the lowest figure recorded during the surveyed period. That year, the company sold about **** million units worldwide.

In October 2018, about **** thousand vehicles from the car brand Hyundai were sold in Australia. This was a decrease from the previous year.

In 2024, Hyundai Motor Company's sales revenue from its recreational vehicles (RV) segment amounted to about **** trillion South Korean won. This segment included sports utility vehicles (SUV), which had popular models such as the Santa Fe, Palisade, Kona, and Tucson.

Over the past decade, the number of Hyundai cars sold in Finland fluctuated between roughly 2,100 and 4,500 units. In 2023, nearly 2,500 Hyundai cars were sold in Finland. This represented a year-over-year increase in new registrations of 16.7 percent.

In 2024, Hyundai Motor Company sold over *** thousand passenger cars in South Korea. Compared to the previous year, passenger car sales had decreased while commercial vehicle sales experienced a slight increase. Overall, domestic sales fluctuated in recent years.

In 2024, Hyundai Motor Company sold the most vehicles in the North America region, with more than *** million unit sales. The region was followed by Europe and India, with around ***** thousand and ***** thousand unit sales respectively. That year, the company sold a total of approximately **** million vehicles globally, which was a slight decrease from about **** million units in the preceding year. A leading global OEM Established in 1967, Hyundai Motor Company continued strengthening its business from humble beginnings and became one of the leading automotive brands worldwide. The company expanded its business into various other segments, ranging from automobile parts to real estate and finance. Probably the most high-profile company acquired by Hyundai Motor Company, Kia Motors, was also another major car brand. A diverse portfolio Hyundai Motor Company boasted a wide range of models, including passenger cars, commercial vehicles, as well as recreational vehicles. Looking into the leading models sold in South Korea, the company's popularity among domestic consumers across different vehicle segments was evident. With the automotive industry facing various disruptions such as electric mobility and autonomous driving technology, Hyundai Motor Company strived to maintain its position as a major player in the industry.

Polish registration of new Hyundai cars increased from 14,000 units in 2011 to over 31,000 units in 2024.

This statistic shows the number of cars sold by Hyundai in Denmark between 2009 and 2020. Danish sales of Hyundai cars fluctuated over the period. In 2020, just over ************* Hyundai cars were sold in Denmark.

This statistic shows the number of cars sold by Hyundai in Sweden between 2009 and 2019. Swedish sales of Hyundai cars fluctuated over this period, peaking at 12.5 thousand units sold in 2011. In 2019, there were 6.4 thousand units of Hyundai cars sold in Sweden.

In 2024, around *** thousand vehicles were produced in Hyundai Motor Company's factory based in Alabama, the United States. The plant's output that year made it the company's second-highest international producer, behind India. In 2023, a second U.S. factory focused on electric vehicles was opened in Georgia.