Hyundai Motor Company reported global sales of 4,141,791 vehicles in 2024, reflecting a 1.8% decline compared to 2023.
Of the total, 3,436,781 vehicles were sold in markets outside of Korea, showing nearly flat year-over-year growth, while domestic sales in Korea reached 705,010 units, a decrease of 7.5% from the previous year.
In December 2024, Hyundai Motor achieved global sales of 330,059 units, with 268,736 units sold in international markets and 61,323 units in Korea.
Despite continued uncertainties about interest rates and global inflation, as well as slower market expectations in the automotive industry, Hyundai Motor saw strong sales momentum in the North American market. It also strengthened its product mix in global markets through its new models last year.
In 2025, Hyundai Motor is aiming to achieve global sales of 4.17 million units, including its Genesis luxury brand. The company will optimize its product portfolio and vehicle supply management for each region, targeting the sale of 3.46 million units in overseas markets and 710,000 units in Korea.
To achieve this goal, the company will focus on strengthening its market competitiveness by expanding sales of electrified models, including hybrids and battery electric vehicles, and scaling up local production around its global manufacturing facilities.
In addition, Hyundai Motor will enhance its proactive issue management and flexible production system for a variety of models while implementing profitable business operations.
