15 World’s Best-Selling Car Models of Hyundai in 2023

15 World’s Best-Selling Car Models of Hyundai in 2023- According to Hyundai Annual Report in 2023, there are some best-selling models of Hyundai. These models basically have huge popularity in the car market in 2023 and become the backbones of Hyundai in generating revenue and net income.

Historically, Hyundai Motor Company was incorporated in 1967 with the initiative of Chung Ju-yung. In the beginning, Hyundai was the business partner of Ford Motor Company in making "Ford Cortina" cars. One of the assembly plants of Cortina located in the Ulsan Plant, South Korea. At that time, Hyundai had assembled the Cortina Mark II to Mark V in Ulsan. Until 1976, Hyundai bravely produced the first cars with the brand of Hyundai Pony and exported the products to Ecuador.   

As of business development, Hyundai Motors has about 250,000 employees worldwide. In the business sectors, Hyundai Motors also owns 33.88 percent of Kia Corporation and fully controls Genesis Motor, LLC, a luxury car company based in South Korea. Financially, according to Hyundai Motor Annual Report in 2023, Hyundai has total assets reaching Won(￦) 282,463 billion or equivalent to USD 203 billion with total liabilities of Won(￦) 180,653 billion or equivalent to USD 130 billion. Based on the business performance in 2023, total revenue of Hyundai Motors reached Won (￦) 162,663 billion or equivalent to USD 117 billion and successfully gained net income of Won (￦) 12,272 billion or equivalent to USD 8.8 billion.

Basically, Hyundai still become some popular models of cars in 2023. These models basically have given an enormous contribution to Hyundai’s financial Revenue in 2023. Here is the rank of 15 World’s Best-Selling Car Models of Hyundai in 2023.  All of the data were obtained from Hyundai Annual Report in 2023.

 

The Rank of 15 World’s Best-Selling Car Models of Hyundai in 2023

 

Rank	Hyundai Models of Cars	Total Sales in 2023
		(Units)
1	Avante	274,359
2	Kona	248,942
3	Tucson	189,894
4	LCV	183,525
5	Palisade	166,061
6	IONIQ	160,696
7	Grandeur	116,484
8	Sonata	106,123
9	Santa-Fe	96,867
10	Venue	74,345
11	GV 80	56,469
12	GV 70	56,183
13	G80	52,838
14	Casper	45,451
15	HCV	33,512
Source: Annual Report, 2023

 

 

Brief Description of 15 World’s Best-Selling Car Models of Hyundai in 2023

 

 

1. Avante

Hyundai Avante/ ELantra is a compact car produced by the South Korean manufacturer Hyundai since 1990. To Date, Hyundai Avante/ Elantra entered seventh generation in 2021. Based on on powertrain, Honda Avante in seventh generation was powered in several engine, namely petrol engine (1.4 L Smartstream G1.4 T-GDi I4, 1.5 L Smartstream G1.5 MPi I4, 1.6 L Gamma MPi I4, 1.6 L Smartstream G1.6 MPi I4, 1.6 L Smartstream G1.6 T-GDi I4, 2.0 L Smartstream G2.0 MPi I4, and 2.0 L Theta II T-GDi I4), petrol LPG (1.6 L Gamma LPi I4), and petrol hybrid (1.6 L Smartstream G1.6 Hybrid I4).

Statistically, compared to other Hyundai’s car models, Hyundai Avante/ Elantra still become the best-selling car of Hyundai in 2023. According to Hyundai’s Annual Report in 2023, total sales of Hyundai Avante reached 274,359 units. Specifically, some of the variant of Hyundai Avante, namely Avante (CN7), Avante (CN7 HEV), and Avante (CN7 N) with the sales of Avante CN7 reaching 225 thousand units, Avante CN7 HEV around 42 thousand units, and Avante CN7 N reaching 6 thousand units.

2. Kona

The Hyundai Kona is a subcompact crossover SUV introduced in June 2017. To date, Hyundai Kona entered the second generation in December 2023. Furthermore, Hyundai Kona in second generation has some different engine, namely petrol engine (1.0 L Smartstream G1.0 T-GDi I3 (Mild hybrid), 1.6 L Smartstream G1.6 T-GDi I4, 2.0 L Smartstream G2.0 MPi I4) and petrol hybrid (1.6 L Smartstream G1.6 GDi HEV I4).

Based on the brand performance, Hyundai Kona still be one of the best-selling cars of Hyundai in 2023 and the sales of Kona reached 248,942 units and just below Hyundai Avante in number one as the best-selling Hyundai Cars. In 2023, Kona will have some popular variants, namely Kona SX 2, Kona OS, SX2 HEV, Kona OS HEV.  Specifically, the sales of Kona SX 2 reached 110 thousand units, Kona OS of 57 thousand, Kona SX2 HEV 41 thousand units, Kona OS HEV with 18 thousand units.

 

3. Tucson       

The Hyundai Tucson is a compact crossover SUV launched in 2004. To date, Hyundai Tucson has entered the fourth generation introduced on 15 September 2020 with the creation of designer Kim Jun-Ho and Hong In-Soo. Specifically, according to Powertrain, Hyundai Tucson is powered by different engine, namely petrol engine (1.5 L Smartstream G1.5 T-GDi I4, 1.6 L Smartstream G1.6 T-GDi I4, 2.0 L Smartstream G2.0 MPi I4, 2.5 L Smartstream G2.5 GDi I4), petrol hybrid (1.6 L Smartstream G1.6T HEV T-GDi I4 and 2.0 L Smartstream G2.0 HEV GDi I4) and, petrol plug-in hybrid (1.6 L Smartstream G1.6T PHEV T-GDi I4), and diesel (1.6 L Smartstream D1.6 CRDi I4 and 2.0 L Smartstream D2.0 CRDi I4).

Hyundai Tucson also become one of the best-selling cars of Hyundai in 2023. Statistically, the sales of Hyundai Tucson reached 189,894 units. Hyundai basically released some variants of Tucson, including Tucson (NX4), Tucson (NX4 HEV), and Tucson (NX4 PHEV) with the sales Tucson (NX4) in 2023 reaching 109 thousand units, Tucson NX4 HEV 68 thousand units, and Tucson NX4 PHEV reached 11 thousand units. 

 

4. Light Commercial Vehicle (LCV)

A light commercial vehicle of Hyundai also has a huge contribution to Hyundai's revenue in 2023 with the sales of LCV reaching 183,525 units. Commonly, some of the models of LCV of Hyundai, namely Grace, Starex, Staria, iLoad, iMax, H350, Porter.

 

5. Palisade    

Hyundai Palisade is a mid-size crossover SUV produced since late 2018 with bodystyle of 5-door SUV. Based on the powertrain, The Hyundai Palisade is powered by some engines, including Petrol (3.5 L Lambda II MPi V6 and 3.8 L Lambda II GDi V6) and Diesel (2.2 L R II CRDi I4). In 2023, the sales of Hyundai Palisade reached 166,061 units.

 

6. IONIQ         

The Hyundai Ioniq is a Compact car (C) introduced in 2016 with the bodystyle of 5-door liftback.  Commonly, Hyundai IONIQ has two types of Ioniq Hybrid (powered with 1.6 L Kappa II GDI HEV I4 and 32 kW (44 PS; 43 hp) AC Synchronous Permanent Magnet Motor) and Ioniq Electric (powered with Front-engine rear-battery Permanent Magnet Synchronous Motor).

Overall, the sales of Hyundai IONIQ in 2023 achieved 160,696 units. Specifically, the Hyundai IONIQ 5 (NE) still become the most popular variant of the IONIQ in 2023.  In IONIQ products, Hyundai released IONIQ 5 (NE) and IONIQ 5 N (NE N) with sales of IONIQ 5 (NE) reaching 104 thousand units, and IONIQ 5 N (NE N) reaching 1 thousand units.

 

7. Grandeur  

The Hyundai Grandeur is an executive sedan manufactured since 1986. To Date, Hyundai Grandeur entered seventh generation in South Korea on November 14, 2022, with the body style of 4-door sedan. Based on the powertrain, Hyundai Grandeur is equipped with petrol engine (2.5 L Smartstream G2.5 GDi I4 and 3.5 L Smartstream G3.5 GDi V6), petrol hybrid (1.6 L Smartstream G1.6 T-GDi I4), and LPG (3.5 L Smartstream G3.5 LPi V6). 

In the year of 2023, the sales of Hyundai Grandeur reached 116,484 units. Specifically, Hyundai released Grandeur (GN7 HEV) and Grandeur (GN7) in the variant’s products of Grandeur and Grandeur (GN7 HEV) and Grandeur (GN7) are some of the most popular variants of Hyundai Grandeur in 2023 with total sales of with total sales of Grandeur (GN7 HEV) reaching 61 thousand units and total sales of Grandeur (GN7) reaching 54 thousand units.

 

8. Sonata       

The Hyundai Sonata is a mid-size car manufactured in 1985. Until 2023, Hyundai Sonata entered the Eighth generation, introduced in 2019 at Shanghai Auto Show and New York International Auto Show. Based on the powered train, Hyundai Sonata has some different engine, namely Gasoline ( 1.5 L Smartstream G1.5 T-GDi I4, 1.6 L Smartstream G1.6 T-GDi I4,  2.0 L Smartstream G2.0 MPi I4, 2.0 L Smartstream G2.0 T-GDi I4, 2.5 L Smartstream G2.5 MPi/GDi/T-GDi I4), Gasoline hybrid (2.0 L Smartstream G2.0 GDi I4), and Gasoline/LPG (2.0 L Smartstream L2.0 LPi I4).  

Statistically, in 2023, the sales of Hyundai Sonata reached 106,123 units. Specifically, Hyundai Sonata has some variants, including Sonata LF, DN8, and DN8 HEV. The Sales of Sonata DN8, DN8 HEV, and LF are 72,136 units, 24,668 units, and 9,319 units, respectively.

9. SantaFe   

Hyundai Santa Fe is a midsize SUV manufactured since 2000. To date, Hyundai Santa Fe entered the fifth generation unveiled in August 2023. Based on powertrain, Hyundai Santa Fe in fifth generation is powered with petrol engine (2.0 L Smartstream G2.0 T-GDi I4, 2.5 L Smartstream G2.5 GDi I4, and 2.5 L Smartstream G2.5 T-GDi I4), Petrol hybrid (1.6 L Smartstream G1.6 T-GDi I4), and Petrol plug-in hybrid (1.6 L Smartstream G1.6 T-GDi I4).

Statistically, Hyundai Santa-Fe has total sales in 2023 reaching 96,867 units. Specifically, Santa-Fe TM, Santa-Fe TM HEV, Santa-Fe MX5 HEV, and Santa-Fe MX5 are some popular variant models of Santa-Fe in 2023. Statistically, the total sales of Santa-Fe TM, Santa-Fe TM HEV, Santa-Fe MX5 HEV, and Santa-Fe MX5 in 2023 reached 33,504 units, 22,392 units, 17,241 units, and 12,514 units, respectively. 

 

10. Venue

The Hyundai Venue is a subcompact crossover SUV with body style of 5-door SUV introduced in 2019 at New York International Auto Show.  Based on power train, Hyundai Venue has released some model of engine, namely petrol engine (1.0 L Kappa II T-GDi I3 1.2 L Kappa II MPi I4, 1.6 L Gamma II MPi I4, 1.6 L Smartstream MPi I4, and 1.6 L Smartstream DPi I4), and diesel engine (1.4 L U II CRDi I4 and 1.5 L U II CRDi I4).   Statistically, in 2023, total sales of Hyundai Venue reached 74,345 units.

 

11. GV 80        

Genesis GV80 is a mid-size luxury crossover SUV produced from 2020 and the design of GV80 is SangYup Lee. Basically, Genesis GV80 has the body style of  5-door SUV and 5-door Coupe SUV and based on power train, GV80 has different engine, namely petrol engine (2.5 L Smartstream G2.5 T-GDi I4, 3.5 L Smartstream G3.5 T-GDi V6, 3.5 L Smartstream G3.5 T-GDi e-S/C V6) and  diesel engine (3.0 L Smartstream D3.0 CRDi I6). Statistically, according to, annual report, the sales of Genesis GV 80 in 2023 reached 56,469 units.

 

12. GV 70        

Genesis GV70 is a compact luxury crossover SUV manufactured from 2020 with body style of 5-door SUV. Based on powertrain, Genesis GV70 has some different types of engines, including petrol engine (2.5 L Smartstream G2.5 T-GDi I4 and 3.5 L Smartstream G3.5 T-GDi V6) and diesel engine (2.2 L Smartstream D2.2 CRDi I4).

According to Hyundai’s annual report, In 2023, the total sales of GV 70 reached 56,183 units. Furthermore, there are some variants of GV70, namely GV70 JK and GV JK EV. Statistically, the sales of GV70 JK in 2023 reached 52 thousand units, meanwhile the sales of GV70 JK EV is around 3 thousand units.  

 

13. G80            

The Genesis G80 is an executive sedan produced in 2016. To date, Genesis G80 entered the Second generation produced in 2020.  Based on the powertrain, Genesis G80 has different types of engines, namely gasoline engine (2.5 L Smartstream G2.5 T-GDi I4 and 3.5 L Smartstream G3.5 T-GDi V6) and diesel engine (2.2 L Smartstream D2.2 CRDi I4).

 

Overall, in 2023, total sales of The Genesis G80 reached 52,838 units. Specifically, G80 (RG3) and G80 (RG3 EV) are some of the variant models of G80. Specifically, the total sales of G80 (RG3) and G80 (RG3 EV) in 2023 reached 42,199 units and 42,199 units, respectively.

 

14. Casper

Hyundai Casper is a crossover city car produced since 2021 with body style of 5-door hatchback. Based on the powertrain, Hyundai Casper is equipped with petrol engine (1.0 L Smartstream G1.0 MPi I3 and 1.0 L Kappa II T-GDi I3), and meanwhile, Casper Electric is equipped with 42 kWh LG Energy Solution NMC lithium-ion 49 kWh LG Energy Solution NMC lithium-ion. Statistically, in 2023, total sales of Hyundai Casper reached 45,451 units.

 

15. Heavy Commercial Vehicle (HCV) 

Heavy Commercial Vehicle (HCV) also has relatively big sales in 2023. Commonly, there are some HCV products from Hyundai, namely XCIENT Fuel Cell (hydrogen electric heavy-duty truck), Universe (medium and heavy-duty truck and bus), HD120, and H350.  Statistically, according to an annual report in 2023, the total sales of Hyundai HCV reached 33,512 units.

 

The Summary of 15 World’s Best-Selling Car Models of Hyundai in 2023

 

The Bibliography of 15 World’s Best-Selling Car Models of Hyundai in 2023

Hyundai Motor Company. 2024. Sales Result 2023. Accessed via https://www.hyundai.com/worldwide/en/company/ir/ir-resources/sales-results  on November 3rd, 2024.