Hyundai Motor PH starts 2023 strong; targets Top 6 by year-end. HyundaiMotor HyundaiMotorPhilippines CarSales PHLAutoIndustry CarGuidePH
Hyundai Motor Company says its January 2023 global sales reached 306,296 units—a 8.4 percent year-over-year. Despite the continued uncertainties in the business environment, global sales have grown steadily from last year thanks to popular new models and strong demand for the brand.
In January, sales outside of Korea increased 7.8 percent to 254,793 units. Solid performance in the North American and European markets as well as the Indian and Asia-Pacific markets on a wholesale basis helped drive momentum. Sales in Korea reached 51,503 units, 11.5 up percent from a year earlier. The company maintained a strong momentum of SUV models selling 14,635 units.
Hyundai Motor maintained its EV sales momentum by selling nearly 14,000 units in January, led by the Ioniq 5 and Ioniq 6. The two models sold more than 9,000 units together. Closer to home, Hyundai Motor Philippines enjoyed robust sales of 642 units cementing their position as
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