2023 (Full Year) Global: Hyundai Worldwide Car Sales and 2024 Forecast

In full-year 2023, Hyundai increased global car sales by nearly 7% with over 4.2 million vehicles delivered worldwide. The forecast for 2024 is only modest growth.

In full-year 2023, Hyundai increased global car sales by nearly 7% with over 4.2 million vehicles delivered worldwide. The forecast for 2024 is only modest growth.
© Hyundai Motor Company 2023

2023 (January to December): Hyundai Motor Company (Hyundai) announced total global sales of 4,216,680 vehicles — an increase of 6.9% over worldwide deliveries in 2022. Hyundai annual sales in South Korea increased by 10.6% to 762,077 vehicles while overseas sales reached 3,454,603 vehicles for a 6.2% increase.

For 2024, Hyundai forecasted global sales of 4.24 million vehicles, including its Genesis luxury brand. The somewhat modest target is largely due to an expected sharp decrease in sales in South Korea to only 704,000 vehicles while the target for overseas markets is 3.54 million vehicles.

Hyundai Car Sales Worldwide and in South Korea in 2023:

Hyundai car sales worldwide and in South Korea in the full calendar year 2023 were as follows:

HYUNDAI2023 YTD2022 YTDYTD Change
Korea Sales762,077688,88410.60%
Overseas Sales3,454,6033,254,0386.20%
Global Sales4,216,6803,942,9226.90%

Hyundai Car Sales Forecast for 2024

Hyundai‘s 2024 sales forecast for South Korean, overseas, and worldwide markets are as follows:

HYUNDAI2024 Targets2023 Results
Korea Sales704,000762,077
Overseas Sales3,539,0003,454,603
Global Sales4,243,0004,216,680

Kia similarly predicted a contraction in car sales in South Korea in 2024.

Global Worldwide Car Sales by Brand in 2023 (Full Year)

→ USA Car Sales by Brand in 2023, 2022, 2021, 2020, 2019, and 2018

Global Worldwide Car sales by Brand in 2023, 2022, 2021, 2020

Global worldwide sales by brand in 2023:

NOTE: “Sales” as reported by the various brands generally refer to deliveries and not necessarily sales to the customer or final registration. Terms and definitions may vary. All statistics are provided by respective car manufacturers unless clearly stated otherwise.