Rising sales in 2024: Hyundai Motor Europe experiences growth during the first half of 2024
- Hyundai Motor Europe sales increased by 4.0 per cent in first half of 2024, with 281,518 units registered
- Stable 4.1 per cent market share in Europe, with notable sales growth in Spain and Italy
- Success attributed to Hyundai’s customer-centric approach in Europe and investments in future technologies
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Hyundai Motor Europe experienced sales growth in the first half of 2024 compared to the same period last year, according to the latest data from the European Automobile Manufacturers Association (ACEA). The company reported a total of 281,518 units registered in the EU, EFTA, and the U.K., marking a 4.0 per cent increase from 2023. This rise in sales reflects Hyundai’s comprehensive growth strategy, focused on customer centricity and producing cars “made in Europe, for Europe”. The expansion of its mobility solutions line-up, and investments in future technologies also played crucial roles.
Reflecting on Hyundai’s performance so far in 2024, it is clear that our commitment to sustainable growth beyond selling cars has been a driving force behind our success. As we embrace a transformative path toward becoming a Smart Mobility Solutions Provider, our strategic focus on innovation, electrification, and connectivity has redefined our role in shaping the future of mobility to be even greener and more connected.
The company maintained a stable market share of 4.1 per cent across Europe, demonstrating its resilience and adaptability in the current challenging market conditions.
Steady market share across Europe
Hyundai experienced steady market shares in its key European markets, with notable sales results in Spain and Italy. Hyundai Motor Spain saw 32,613 units registered in the first half of 2024, a 6.1 per cent increase compared to the same period in 2023. In Italy, Hyundai achieved a market share of 3.1 per cent, with 27,675 newly registered vehicles that represent a 9.1 per cent increase from the first half of 2023.
About ACEA
The European Automobile Manufacturers’ Association (ACEA) unites Europe’s 15 major car, truck, van, and bus makers. ACEA works with a variety of institutional, non-governmental, research and civil society partners, as well as a number of industry associations with related interests.
Contacts
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Adriana Cerami
Head of Section Corporate & Brand PR
acerami@hyundai-europe.comElvira Herrera
Corporate Communications Expert
eherrera@hyundai-europe.comMaria Bricio
Corporate & Brand Communications Expert
mbricio@hyundai-europe.comAnja Wente
Product PR & Communications Expert
awente@hyundai-europe.comÁngel Pino Pérez
Product Communications Professional
apinoperez@hyundai-europe.comKatharina Kupper
Hyundai Newsroom Lead
