Hyundai Sales Report and Record-Breaking Sales Achieved in December, Q4, and Throughout 2023

On January 3, 2024, in Fountain Valley, California, Hyundai Sales Report was announced. Huyndai's December sales totaling 75,164 units, setting a record for the company with a 4% increase from the previous year. This achievement marked the 17th consecutive month of sales growth for the company, with significant gains in models such as the IONIQ 5, which experienced a 90% sales increase, and others including the Santa Fe PHEV, Santa Fe HEV, Tucson, Tucson PHEV, and Palisade.

The 2023 Hyundai Sales Report provides an in-depth analysis that underlines and accentuates the remarkable and sustained trend of consistent growth in monthly sales that has unfolded over an impressive span of two years. This noteworthy and enduring achievement is exemplified by the fact that Hyundai has not merely surpassed but significantly exceeded its own previous retail sales records for the third consecutive year, marking a triumphant and unparalleled milestone in the company's history. This monumental success not only underscores and amplifies Hyundai's unwavering commitment to delivering top-notch high-quality automotive products but also serves as a resounding affirmation resonating throughout the industry, where they are increasingly recognized and held in the highest regard.

In a detailed look at the 2023 Hyundai Sales Report, the fourth quarter saw sales of 206,048 vehicles, surpassing the previous fourth-quarter record with a 5% increase from Q4 2022. Eco-friendly vehicle sales notably increased by 37% in the same quarter compared to the previous year. Overall, the Hyundai's annual sales reached a milestone of 801,195 vehicles, an 11% increase from 2022, with the Tucson model breaking its own annual sales record by selling over 200,000 units. Retail sales in 2023 also achieved a new high, increasing by 1% from 2022, and fleet sales contributed to 10.9% of the total annual sales volume.

Hyundai's innovative strides in the electric vehicle (EV) market are highlighted by the establishment of its new IONIQ Lab in Thailand.

For a comprehensive overview of compact electric vehicles, an article is available that provides key insights into the best small electric cars currently available, ideal for those considering an eco-friendly vehicle.

Source: Hyundai Motor America Reports Record-Breaking December, Q4 and 2023 Sales