Hyundai Motor's Global Sales Dip 3.7% in March 2024, EV Sales Show Strong Momentum

2024/04/01
Production & Sales, Market Data
Hyundai
Malaysia
Korea
In March 2024, Hyundai Motor Company reported a 3.7% year-over-year decrease in global sales, totaling 369,132 units. Solid sales momentum was observed in North America, Europe, and India, although sales outside of South Korea experienced a slight dip of 0.7%, reaching 306,628 units for the month. Domestic sales in South Korea amounted to 62,504 units in February, marking a 16.1% decrease compared to the same period last year. Hyundai's SUV models collectively sold 21,979 units in the domestic market, while the Genesis luxury brand maintained strong sales with 11,839 units sold. Over 19,000 units of Hyundai's EV models were sold worldwide in March, demonstrating the company's solidifying role as a leader in electrification. In response to business uncertainties, Hyundai plans to fortify its production and sales systems to better meet demand and adapt to shifts in regional markets. The company also aims to enhance its electrification leadership by launching competitive new models and expanding its EV lineup. In late March, Hyundai's EV leadership was recognized when the IONIQ 5 N high-performance EV won the 2024 World Performance Car at the World Car Awards in New York, building on the momentum from the IONIQ 5 and IONIQ 6, which achieved consecutive triple victories in 2022 and 2023 in various World Car categories.
Click original text link for more information
HYUNDAI
Hot News
Changan UNI-V Hybrid Launched from 109,900 Yuan with 4.28L/100km
Changan officially launched the UNI-V hybrid on September 12 with two models at official prices of 114,900-119,900 yuan and limited-time prices of 109,900-113,900 yuan. The exterior continues the fuel version design with a closed front grille, three-section air intakes, dual four-exhaust outlets, connected taillights and a standard electric rear spoiler. Dimensions are 4,740/1,838/1,435mm with a 2,750mm wheelbase. Interior features 256-color ambient lighting, sport seats with 3-mode driver ventilation/heating, SUPER RACE 3.0 track mode, Tencent TTI Sound AI audio, 18 speakers, Dolby Atmos and ENC active noise cancellation. Boot space is 465L, expandable to 1,090L. The 1.5L hybrid powertrain (engine 110kW/220Nm, motor 180kW) delivers 0-100km/h in 6.98 seconds with 4.28L/100km WLTC combined fuel consumption.
Dongfeng Fengshen Xinghai V9 Launching September 19 at 89,900-124,900 Yuan
Dongfeng Fengshen Xinghai V9 will launch on September 19 with pre-sale prices from 89,900 to 124,900 yuan, positioned as a mid-to-large MPV in six- or seven-seat configurations with up to 510km CLTC range. Features include family-style waterfall headlights, closed grille and trapezoidal front intake with 25 high-sensitivity sensors and Huawei MDC computing platform for 360-degree environmental awareness. Huawei Qiankun ADS 5 supports highway NCA, urban LCC+ and smart parking. Dimensions are 4,835/1,900/1,755mm with a 2,900mm wheelbase. Interior offers an 8.8-inch instrument cluster and 15.6-inch central screen with Snapdragon 8295 chip, with Baidu voice and ERNIE large model supporting wake-free commands, continuous dialogue and dialect recognition. Second and third rows have flat floors with the third row folding into a sunken position and trunk expanding to 1,630L.
2027 Lexus GX Officially Revealed, Starting Price $69,085 (approx. 463,000 yuan)
The 2027 Lexus GX has been officially revealed, built on the GA-F platform shared with the LX, with six variants starting at $69,085 (approximately 463,000 yuan). The exterior maintains the boxy design with Lexus spindle body concept, powered tailgate with opening rear window and two-tone color options. Interior features a 14-inch central screen and 12.3-inch instrument cluster, with optional HUD and 21-speaker Mark Levinson audio. Safety includes Lexus Safety System+ 3.0. Suspension uses double wishbone front and multi-link rear with optional AVS and E-KDSS electronic dynamic suspension. Power comes from a 3.4L twin-turbo V6 (349hp/649Nm) with 10-speed auto and Torsen locking center differential.
4
Zhijie RX Flash Gold Black Interior Revealed, Pre-Sale at 299,800-399,800 Yuan
The Zhijie RX has revealed its Flash Gold Black interior design, inspired by "floating wings" with a full-black cabin accented by bright yellow stitching and trim. Features include a D-shaped leather steering wheel, LCD instrument, 16.1-inch central screen, 8.88-inch passenger display and 26-inch HUD. The exterior uses a floating body structure with 10 hollow air channels for aerodynamics. The full-width crystal taillights consist of over 10,000 crystal gems. An active diffuser actively adjusts based on vehicle speed. Pre-sale prices are 299,800-399,800 yuan, with four lidar matrices and 38 sensors. The Ultra long-range variant (from 359,800 yuan) features an L3 autonomous driving architecture.
5
2027 Porsche Pure Electric Cayenne Officially Revealed, $109,000, 4D Massage Seats
Porsche has officially revealed the 2027 pure electric Cayenne, launching in Q1 2027 at $109,000 (approximately 730,000 yuan). It adds 92 custom paint colors for a total of 105 options. The model debuts electronically controlled doors that open/close via handle, central screen or smartphone, with auto-close when buckling the seatbelt or pressing the brake. New 4D massage seats feature 16 air cells and 6 sound actuators per seatback and cushion, offering 5 massage programs with adjustable intensity and vibration modes, plus 3 Wellness modes combining massage, vibration and custom soundscapes.
6
Mhengshi X700 Pre-Sale Begins September 28 with Huawei Qiankun ADS and HarmonyOS Cockpit
The Mhengshi X700 will begin pre-sale on September 28, a light outdoor pan-off-road vehicle co-designed with Huawei. Features include full-width DRLs with illuminated logo and boxy SUV styling with semi-flush door handles. Dimensions are 5,035/1,999/1,890mm with 2,920mm wheelbase, 30° approach and 31° departure angles. Interior features a star-ring sound system (hinting at HUAWEI SOUND), floating central screen and large instrument cluster. Powered by a 1.5L range extender with 51.46kWh battery delivering 228/244km CLTC pure electric range.
Copyright © RUNTO TECH LIMITED. All rights reserved.