Hyundai Global Sales In 2024 Down Almost 2 Percent, This Is The Target In 2025

Hyundai Kona Electric. (Doc. Hyundai Motor Global)

Hyundai Motor Company announced its global sales results throughout 2024 as many as 4,141,791 units or a 1.8 percent decrease compared to the previous year's gains.

According to data on the manufacturer's official website, Monday, January 6, Hyundai managed to record 3,436,781 sales units outside Korea, down 0.5 percent. Meanwhile, the results in the home market alone were 705,010 units, down 7.5 percent compared to 2023.

Speaking of monthly results, this millengan manufacturer booked sales of 330,059 units in December 2024, a decrease of 3.8 percent compared to last year's gains in the same month.

From the overall result last month, sales outside Korea contributed with a result of 268,736 units, down 4.4 percent and Korea as many as 61,323 units, down 1.4 percent.

Although Hyundai's global sales results are less impressive due to various uncertain market factors, the manufacturer has set a target to look to 2025.

For this year, Hyundai Motor Company is targeting global sales of 4.17 million units including sales from the Genesis brand.

In addition, this one company will also optimize the 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 manufacturer will focus on strengthening its market competitiveness by expanding low-emission models, such as electric vehicles (EVs) and Battery Electric Vehicles (BEVs), as well as increasing local production around its global manufacturing facilities.