Hyundai sales to reach 100 milllion units

SEOUL: South Korea’s top automaker Hyundai Motor Co is widely expected to reach accumulated shipments of 100 million units this year since its first sales in 1968, the company says.

The carmaker sold a total of 97 million units of cars through 2023, including 73 million units sold overseas, according to Hyundai Motor.

Given that the company has set its annual sales target at 4.24 million units for this year, industry watchers predict that the company is poised to achieve a milestone by reaching cumulative sales of 100 million units in 2024, possibly by September.

Hyundai began domestic automobile sales in 1968, followed by exports in 1976.

So far, the Avante compact (aka Elantra) was the most popular model with its cumulative sales reaching 15.1 million units, followed by the Accent subcompact with 9.95 million units and the Sonata sedan with 9.39 million units. — The Korea Herald/ANN