Hyundai Sales Data, Trends & Analysis for the Chinese Automotive Market
China auto sales statistics for Hyundai only include the models that are locally produced in China through the Beijing Hyundai Joint Venture with local manufacturing partner BAIC, and excludes import models. In 2015, the company announced that it would spin off its Genesis sub-brand to become a stand alone premium player to better compete with Lexus, Infiniti and Acura. The Genesis models will be sold in China as well, although no announcement has been made on localized production. Car sales statistics from China only include domestic production and exclude imported models
Hyundai China Sales Figures & Recent Highlights
Established in 2002, BHMC is a joint venture between Hyundai Motor Company and Beijing Automotive Industry Group Co., Ltd. (BAIC). This collaboration has been the primary avenue for Hyundai’s passenger vehicle production and sales in China. Over the years, BHMC has launched numerous models tailored to Chinese consumers’ preferences and needs.
Hyundai offers a diverse range of vehicles in China, including sedans, hatchbacks, SUVs, and MPVs. Many of these models are familiar to global audiences, such as the Elantra, Tucson, and Santa Fe. However, some models have been specially designed or adapted for the Chinese market to cater to local tastes and requirements.
Like many foreign automakers in China, Hyundai faces stiff competition from both international and domestic brands. In recent years, geopolitical tensions between China and South Korea affected Hyundai’s sales in China. However, the company has been working on strategies to recover its market position and strengthen its brand appeal.
Recognizing the importance of the Chinese market, Hyundai has invested in research, development, and design centers in China. These initiatives aim to develop products that resonate more closely with Chinese consumers. Hyundai’s commitment to localization extends to manufacturing, with a significant portion of the vehicles sold in China also being produced there, ensuring faster response to market changes. Hyundai is one of the most popular car brands in China. The brand has a strong reputation for quality and reliability, and its cars are backed by a good dealer network. Hyundai is well-positioned to continue to grow in the Chinese market in the coming years.
Hyundai Annual Sales, Growth and Market Share in China
Below we have a table that shows total Hyundai sales volumes for the Chinese automotive market, broken out by year. This data captures all Hyundai vehicle sales for the entire Chinese automotive market.
| Year | Sales | YOY Change | Marketshare | Marketshare Change |
|---|---|---|---|---|
| 2001 | 5,771 | 0.00 | 0.70 | 0.00 |
| 2002 | 34,258 | 493.62 | 3.03 | 77.09 |
| 2003 | 32,372 | -5.51 | 1.44 | -110.00 |
| 2004 | 140,194 | 333.07 | 5.57 | 74.06 |
| 2005 | 218,743 | 56.03 | 6.89 | 19.20 |
| 2006 | 223,088 | 1.99 | 5.52 | -24.82 |
| 2007 | 230,344 | 3.25 | 4.55 | -21.36 |
| 2008 | 337,542 | 46.54 | 6.43 | 29.20 |
| 2009 | 621,878 | 84.24 | 7.91 | 18.69 |
| 2010 | 735,673 | 18.30 | 7.13 | -10.83 |
| 2011 | 718,077 | -2.39 | 6.44 | -10.79 |
| 2012 | 753,250 | 4.90 | 6.33 | -1.65 |
| 2013 | 803,698 | 6.70 | 5.61 | -13.01 |
| 2014 | 884,863 | 10.10 | 5.46 | -2.62 |
| 2015 | 809,845 | -8.48 | 4.37 | -24.85 |
| 2016 | 791,692 | -2.24 | 3.60 | -21.37 |
| 2017 | 611,940 | -22.70 | 2.67 | -35.17 |
| 2018 | 638,652 | 4.37 | 2.89 | 7.67 |
| 2019 | 632,124 | -1.02 | 3.13 | 7.69 |
| 2020 | 416,362 | -34.13 | 2.23 | -40.38 |
| 2021 | 402,088 | -3.43 | 1.99 | -12.03 |
| 2022 | 246,539 | -38.69 | 1.19 | -66.85 |
Hyundai China Annual Sales Units & Growth Chart
Below is a visual representation of Hyundai China sales units over time. We have both the Hyundai sales units and the market share in the Chinese market. Click on the items in the legend to see each series by itself.
Hyundai China Growth Rate & Market Share Chart
Below is the annual growth rate for the Hyundai brand in China, shown against the Hyundai’s marketshare changes in China. This gives you a good look into how Hyundai has faired against the other brands in terms of absolute sales and effect on marketshare. Click on the items in the legend to see each series by itself.
The Best-Selling Hyundai Cars & SUVs in China
Hyundai, through its joint ventures, has been among the top foreign car brands in China. The brand is perceived as offering good value for money, with vehicles that combine quality, features, and competitive pricing. The brand’s most popular models in China include the Hyundai Elantra, a compact sedan, and the Hyundai Tucson, a compact SUV.
Sources: Manufacturers, ANDC, JATO Dynamics.
