The chart above displays the global retail sales of Hyundai Motors from 2016 to 2022 in millions of vehicle units.
In 2022, Hyundai Motors experienced growth its vehicle sales compared to the prior year. The company sold 3.958 million vehicle units globally in 2022 compared to 3.912 million units in 2021. The company sold approximately 688.9 thousand units in Korea (its domestic market) whereas its overseas retail sales remained 3.269 million vehicle units. Its total net sales for fiscal 2022 remained 142.53 Trillion Korean Won.
Global Sales of Hyundai Motors 2016-2022
| Year | Global Retail Sales |
|---|---|
| 2022 | 3.958 |
| 2021 | 3.912 |
| 2020 | 3.745 |
| 2019 | 4.43 |
| 2018 | 4.59 |
| 2017 | 4.49 |
| 2016 | 4.86 |
2021: In fiscal 2021, the sales volume of Hyundai Motors grew compared to the previous year but remained lower than 2019. Its sales volume had declined in 2020 compared to the previous year mainly due to the impact of the pandemic. In 2021, the company sold 3.912 million units compared to 3.745 million units in 2020 adn 4.426 million units in 2019.
In 2021, Hyundai sold around 727,000 vehicles in Korea and 3.185 million in the overseas markets. During the previous year (2020), the company’s sales in Korean market were 788,000 units and 2.957 million units in the overseas markets.
2020: Hyundai’s sales volume was lower in 2020 compared to the previous year mainly due to the impact of the pandemic. The company sold 3.745 million vehicle units in 2020 compared to 4.426 million units in 2019.
2019:
In 2019, Hyundai Motor sold a total of 4.43 million units worldwide, compared with 4.59 million units in 2018. Full-year revenue totaled KRW 105.79 trillion, a 9.3 percent increase from the previous year and operating profit jumped 52 percent from a year earlier to KRW 3.68 trillion. Net profit (including non-controlling interest) nearly doubled to KRW 3.26 trillion from KRW 1.65 trillion. – Hyundai Press Release.
2018:
Global Vehicle Sales of Hyundai Motors grew to 4.587 million units in 2018 compared to 4.49 million units in 2017. The company sold 2.875 million vehicles in its overseas markets in 2018 compared to 2.837 million in 2017. In the Korean market, it sold 1.712 million units in 2018 as compared to 1.653 million units in 2017. Sales grew by 0.45% and net revenue of the company reached 96,813 Billion KRW in 2018 compared to 96,376 Billion KRW in 2017.
Retail sales of Hyundai Motors 2010-2016 (Korea and Overseas)
The retail sales of Hyundai vehicles has increased steadily year by year. The brand became the fifth largest car manufacturer in the world within a period of less than fifty years. From 2010 to 2016, the sales of Hyundai cars has increased by 1.2 million. In 2016, it sold 4.9 million vehicles which was around 1 million higher than previous year when the brand sold 4.8 million vehicles. In 2010, it had sold 3.7 million vehicles. Asia and North America remained the largest markets for Hyundai where each accounted for 38.3% and 18.6% of the entire unit sales respectively.
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