Hyundai-Kia in China: 2.4 million in vehicle sales targeted for 2016

Engine and vehicle production expanded to meet future sales goals

2013/12/06

Summary


 

Hyundai Group's passenger car sales in China In these years, Korean Hyundai Motor Group (including Kia Motors) has expanded its sales significantly in the Chinese market. During the January to October 2013 period, its combined sales of locally produced passenger and commercial vehicles increased by 20% year-over-year (y/y). Hyundai Motor Group has revealed its aims to become the second largest foreign capital group in China in the near future. Hyundai Motor Group has set its sales target at the 2.4 million-unit level for locally-produced passenger cars by 2016 (including exports but excluding imports). In line with this, the group plans to increase its annual passenger car production to more than 2.4 million units around 2015. Regarding commercial vehicles, Hyundai Motor aims at production and sales of 170,000 units in 2017.
 In parallel with the expansion of vehicle production, Hyundai Motor Group has been expanding its engine production. It is now promoting a plan to enhance its annual passenger car engine production capacity to more than 3 million units by 2015.

Related Reports:



Hyundai Motor Group's sales targets in China: over 2.4 million units in 2016

 Hyundai Motor Group is expected to attain its initial sales goal of 1.55 million units in 2013 for passenger cars which are built locally in China. As mid-term sales targets for passenger cars in China, Beijing Hyundai Motor Company Corporation and Dongfeng-Yueda-Kia Motor Co. Ltd. have announced their targets of 1.4 million units in 2015 and 1 million units in 2016, respectively. The former is a joint venture (JV) with Beijing Automotive Group and the latter is a JV with Dongfeng Motor Group. Regarding commercial vehicles, Hyundai Motor Group aims to post sales of 170,000 units in 2017.

 

Hyundai Motor Group's sales plans in China by year

Sales targets Total of locally produced passenger and commercial vehicles
  In 2013: 1.61 million units (Breakdown: locally-made passenger car 1.55 million units, locally-made commercial vehicle 60 thousand units)
<Locally-made passenger car>
  In 2013: 1.55 million units, In 2015: over 2.1 million units, In 2016: 2.4 million units or over
▽Beijing Hyundai Motor made
* In 2013: 1.03 million units (Sales: CNY 100 billion)
  Among them, 440,000 units are D-segment midsize vehicles and Sport Utility Vehicles (SUVs) ("D + S" strategic models) (estimate, 43% of the entire company's sales unit).
* In 2014: N/A (aiming at 200,000 units of the Mistra and 8th-generation Sonata (YF Sonata))
* In 2015: 1.4 million units (for both production and sales)
  Among them, SUVs and D-segment midsize vehicles account for 50% (estimated at 700,000 units).
* In 2017: N/A (aiming to achieve the cumulative sales volume of 10 million units)
▽Dongfeng-Yueda-Kia Motors made
* In 2013: 520,000 units
* In 2014: 600,000 units (estimate), up 10% y/y
* In or after 2015: 730,000 units
* In 2016: 1 million units
*Note: In its announcement made in July 2012, the JV aimed at 800,000 units and 4% passenger car market share in China in 2016.
<Locally-made commercial vehicle>
▽Sichuan Hyundai Motor made
* In 2013: 60,000 units
* In 2017: 170,000units
* In 2020: (Sales: CNY 100 billion, Production capacity: 700,000 units)

 

 



Chinese JV's vehicle production by plant

 In its plan to increase annual production in China, Hyundai Motor Group has revealed its ambition to expand the annual production capacity of passenger cars from 1.43 million units as of November 2013 to more than 2.4 million units around 2015. Regarding commercial vehicles, the group also has an ambitious plan to increase the capacity from 100,000 units to more than 700,000 units in 2020 or later.

 

Hyundai Motor Group's production plans in China

(1,000 units)
OEM Plant Actual production volume Annual production capacity
2011 2012 Jan.-Oct
2012
Jan.-Oct.
2013
As of
the end of
Nov. 2013
After expansion
(planned year)
Beijing
Hyundai
Motor
Beijing first plant 744 855 673 839 300 N/A
Beijing second plant 300
Beijing third plant 400
Fourth plant
(all-new plant)
(Construction is currently under consideration with the mid-west area as a candidate location) - 300-400 (by 2015)
Total 744 855 673 839 1,000 over 1,400 (by 2015)
Dongfeng-
Yueda-
Kia
Motors
Yancheng first plant 431 485 380 447 Over 130 N/A
Yancheng second plant Over 300
Yancheng third plant (Under construction, trial production to start at the end of 2013 and operations to begin in the first half of 2014) - over 200 (in Feb. -Jun. 2014)
→ over 300 (in 2015)
→ over 400
(in medium or longer term)
Total 431 485 380 447 430
(Max. 520)
Over 630 (in Feb.-Jun. 2014)
→ over 730 (in the end of 2014)
→ over 1,000 (near 2015)
Total (passenger vehicle) 1,175 1,341 1,054 1,287 1,430
(Max. 1,520)
Over 1,630 (in Feb.-Jun., 2014)
→ over 1,730 (at the end of 2014)
→ over 2,400 (around 2015)
Sichuan
Hyundai
Motor
Chengdu (Wenjiang)
existing bus plant
74 61 48 40 3 10 (by Jun. 2014)
Ziyang existing truck plant Over 100 160 (in Jun. 2014 or later)
→ 400 (around 2017)
→ 700 (in 2020 or later)
Ziyang new main plant (Construction started in August 2012, operations to begin in June 2014) -
Total (Commercial vehicle, Sichuan Hyundai Motor only) 74 61 48 40 Over 103 170 (in Jun. 2014 or later)
→ 410 (around 2017)
→ 710 (in 2020 or later)
Grand total(China joint plant) 1,249 1,401 1,101 1,326 Over 1,533
(Max. is
over 1,623)
Over 1,800 (in 2014 or later)
→ over 1,900 (at the end of 2014)
→ over 2,570 (around 2015)
→ over 2,810 (around 2017)
→ over 3,100 (in 2020 or later)

Note: Sichuan Hyundai Motor's actual production volumes in 2011 and 2012 are those of Sichuan Nanjun Automobile. The latter transferred all of its commercial vehicle businesses to the former. The values include mini-/light-/medium-/heavy-duty trucks, semi-trailers, chassis, and light/midsize/large buses.

 

Beijing Hyundai Motor to expand annual production capacity to 1.4 million units by 2015

▽Third Beijing passenger car plant (operations started in 2012) to expand annual production capacity to 400,000 units
 In June 2012, Beijing Hyundai Motor formally started operations at the third Beijing (new) passenger car plant. The plant also started production of its first model, "Elantra" (known as the Avante in South Korea). As of November 2013, the plant's annual capacity is 400,000 units (achieved by the second phase construction; increased from 300,000 attained at the first phase). In the future, this plant is expected to introduce new models, mainly SUVs.
 In this third plant, CNY 6.5 billion was invested in total. The site area is 1.46 million square meters. The plant has already been equipped with a 5,400-ton class, full-automatic, combination-type press machine, a painting line using water-based paint, and a flexible assembly line. An engine plant is also located within the same premises.
▽Plan to construct fourth passenger car plant construction in mid-west area
 In May 2013, Beijing Hyundai Motor revealed that it is considering construction of its fourth passenger car plant in the mid-west area (Source: A press release on an interview with a Hyundai Motor's executive). The company's current annual capacity is 1 million units. This new plant will have an annual production capacity of 300,000 to 400,000 units and start operations by 2015 (or as early as in 2014).
 As of November 2013, it is reported that Chungking is the most likely candidate and that the company has already started talks with the local government.

Dongfeng-Yueda-Kia Motors to expand annual capacity to more than 1 million units

▽To start operations at third Yancheng plant from early 2014
 In June 2012, Kia Motor's passenger car JV, "Dongfeng-Yueda-Kia Motors", started construction of its third passenger car plant in Yancheng, Jiangsu province. By the end of 2013, the company plans to complete the first phase construction and start trial production. The plant's formal operations are expected to start in the first half of 2014 (as early as in February). Its initial annual production capacity will be 200,000 units. Kia plans to gradually expand the capacity to more than 300,000 units, and then to more than 400,000 units. (The number of employees at this plant will be increased to 2,300 eventually.)
 After this plant starts operations, Dongfeng-Yueda-Kia Motors' annual capacity will increase significantly. Combining the capacities of the first plant (130,000 units) and the second plant (300,000 units), the total capacity will be enhanced to more than 630,000 units (with normal shift) in the first half of 2014, and to more than 730,000 units by the end of 2014. Furthermore, the annual production capacities at the existing first and second plants will be enhanced up to 520,000 units.
The total of USD 814 million will be invested in the construction of this third plant. In addition to pressing/welding/painting/assembly facilities, there will also be a Research & Development (R&D) center including a high-speed test course, and an engine plant within the same premises. 410 production robots in total will be introduced at the new plant. This third plant is reported to build the new K3 (using the same platform as Beijing Hyundai's Elantra), new energy vehicles, and JV's original brand vehicles. It will also produce mid-size passenger vehicles and small/midsize SUVs.

Sichuan Hyundai Motor builds up production capability for Hyundai-brand commercial vehicles and large engines

 On January 1, 2013, Hyundai Motor started operations of Sichuan Hyundai Motor Co., Ltd. This JV was established jointly with Sichuan Nanjun Automobile on a fifty-fifty-basis in August 2012. The JV was capitalized at CNY 1.8 billion and inherited all commercial vehicle businesses except agricultural vehicles from Sichuan Nanjun Automobile. Production is continued at the JV's bus branch plant in Wenjiang, Chengdu, Sichuan province and at the existing truck plant in Ziyang. The JV's main plant is also under construction in Ziyang.
▽Starts production of the County under Hyundai brand, and high-end mid-size bus at Chengdu branch plant
 As of November 2013, Sichuan Hyundai Motor's Chengdu branch plant has an annual production capacity of 3,000 buses. The company plans to expand this capacity to 10,000 units by June 2014. In August 2013, production of the JV's first bus under Hyundai brand started at the Chengdu branch plant. This is a high-end mid-size bus, named the County.
 The existing truck plant in Ziyang has an annual capacity of more than 100,000 units. This existing plant produces refreshed models of various commercial vehicles (mini- to medium-duty trucks and light to large buses), which were inherited from Sichuan Nanjun Automobile.
▽To construct new commercial vehicle JV plant in Ziyang
 In August 2012, Sichuan Hyundai Motor started construction of its JV's main plant in Ziyang, Sichuan province. The company will complete the construction in three phases by 2020. It has an ambitious plan to increase employees to 50,000 and attain an annual commercial vehicle production capacity of 700,000 units through this construction. The main plant will have an engine plant, an R & D center, and a test course as well as pressing/welding/painting/assembly facilities. The plant is expected to start production in June 2014.
 The construction of this plant will be completed by 2020 with an investment of CNY 20 billion in total. 63% of this investment, CNY 12.6 billion, will be spent on the construction of facilities. On a phase basis, CNY 3.6 billion will be invested for the first phase (CNY 500 million for the R & D center construction, CNY 3.1 billion for the plant construction, resulting in a total of CNY 5.6 billion including capital investment), CNY 4 billion for the second, and CNY 5 billion for the third.
 This main plant will have an annual capacity to produce 170,000 commercial vehicles (breakdown: 160,000 trucks and 10,000 buses) after the first phase construction is completed in 2014. The company plans to increase this capacity gradually to 400,000 units through the second phase construction (site area will be expanded to 1.19 million square meters), and to 700,000 units through the third. The second phase construction will be completed in 2017 and the third in 2020.

 

 



Engine production enhancement in China

 Hyundai Motor Group has been expanding its annual production capacity for passenger car engines in China. More specifically, the capacity will be increased from 1.9 million units as of November 2013, including those to be exported, to more than 3 million units by 2015. Among them, the capacities of the engine plants of its passenger car JVs will be expanded from 1.15 million units as of November 2013 to 1.65 million units by 2015.

 

Hyundai Motor Group's detailed engine production capacities by Chinese JV and by plant

(1,000 units)
Production volume Annual production capacity
2012 Jan.-Sep.
2012
Jan.-Sep.
2013
As of
Nov. 2013
After expansion
(planned year)
Beijing
Hyundai
Motor
Attached Beijing first engine plant 558 395 539 250 N/A
Attached Beijing second engine plant 250
Attached Beijing third engine plant 400
Attached fourth central- and western- region engine plant (Currently under consideration, details including location are yet to be determined, but Chungking is the most likely candidate) - N/A (annual capacity estimate is 300,000 by 2015)
total 558 395 539 900 Over 1,200
(by 2015)
Dongfeng-
Yueda-
Kia
Motors
Attached engine plant to the  Yancheng second passenger car plant N/A N/A N/A 250 N/A
Attached engine plant to the Yancheng third passenger car plant (Construction began in June 2012, operations to start in early 2014) - Over 200
(around Jan. 2014)
total N/A N/A N/A 250 Over 450
(around Jan. 2014)
Hyundai
WIA
Automotive
Engine
(Shandong)
Rizhao first plant 550 N/A N/A
(including Nu engines for  less than 300,000 units)
Over 180 Over 880 (short term target)
Rizhao second plant Over 300
Rizhao third plant Over 200
Rizhao fourth plant (under consideration as of Nov. 2013,) - N/A
total 550 N/A N/A 780
(in Apr. 2013)
Over 880 (short term target)
→ 1,000 (around 2014)
→ 1,350 (by the end of 2015)
Total (for passenger vehicle) Over 1,108 N/A N/A Over 1,930 Over 2,130 (early 2014)
→ over 3,000 (by 2015)
Sichuan
Hyundai
Motor
The engine plant attached to the Ziyang main commercial vehicle plant (Plant construction already started in 2012) - 20 (in 2014)
→ N/A (after 2014)

 

Beijing Hyundai Motor to build up new engine production capacity by 2015

▽Third Beijing engine plant already has annual production capacity of 400,000 units
 Around June 2012, Beijing Hyundai Motor started operations at the third passenger car plant in Shunyi District, Beijing. Operations also began simultaneously at the third engine plant located within the same premises. As of November 2013, the second phase construction has been completed and the annual production capacity at the third engine plant has already been expanded from 200,000 units to 400,000 units. The plant's main products are 1.4/1.6-liter engines, but it also produces engines for mid-size and large passenger cars.
▽Beijing Hyundai Motor to renovate existing first and second engine plants to produce new engines by January 2015
 Beijing Hyundai Motor will renovate its existing first and second engine plants attached to the first and second passenger car plants in Shunyi. The renovation already started in June 2013. The company will discontinue production of old type of engines and build up production capability for new engines. CNY 1.07 billion will be invested in this project. This renovation includes the construction of a new building covering 11,000 square meters.
 Although the combined annual production capacities will not change from 500,000 units (250,000 units each), the first plant's entire production capacity of 250,000 units will be shifted from conventional engines to the new γ (MPI) series of engines. The second plant had previously produced the γ (MPI) series of engines only, but will newly be assigned to annually produce 50,000 units of new γ (T-GDI) turbo engines through flexible production method.

Dongfeng-Yueda-Kia Motors to start operations at new engine plant attached to third passenger car plant

 Dongfeng-Yueda-Kia Motors' third passenger car plant in Yancheng is expected to start operations between February and June 2014. Within the same premises, a new engine plant will start operations as early as the end of 2013. This engine plant is expected to have an annual production capacity of more than 200,000 units. After the construction is completed, Dongfeng-Yueda-Kia's annual engine production capacity will be expanded to more than 450,000 units, including that of the engine plant (250,000 units) attached to the existing second passenger car plant.
 Currently, Dongfeng-Yueda-Kia procures 1.4/1.6-liter α and γ, and 1.8/2.0-liter Nu gasoline engines also from Hyundai WIA Automotive Engine (Shandong) Co., Ltd. The Hyundai Motor's engine JV is located in Rizhao, Shandong province, mainly to supply products for Hyundai-Kia Group's global plants.

Hyundai WIA Automotive Engine (Shandong) to build up engine production capacity of 1.35 million units, primarily for export

 Hyundai WIA Automotive Engine (Shandong) Co., Ltd. is an engine JV established by Hyundai-Kia Group and a local company in Shandong province. As of April 2013, the JV's three Rizhao plants had annual engine production capacities of 780,000 units in total. The JV's three casting plants in Rizhao produce a total of 1.6 million units of unfinished engine parts. On a plant basis, the first plant produces 700,000 units, the second 400,000, and the third 500,000. Its cylinder block and crank shaft plant produces 1.2 million units, including 400,000 transmission cases.
 In its sales targets released in May 2012, Hyundai WIA Automotive Engine (Shandong) aimed to sell 550,000 engines in 2012 (sales of CNY 5.8 billion), 610,000 in 2013 (Sales: CNY 7.5 billion), 670,000 in 2014 (Sales: CNY 8.4 billion), and 680,000 in 2015 (Sales: CNY 8.6 billion). In response to its recent strong performance, however, the company brought out a revised plan, as of November 2013, to expand the annual production capacity further to 1 million units around 2014 and to 1.35 million units by 2015.
▽Existing Rizhao plants to expand annual engine production capacity by 100,000 units
 Hyundai WIA Automotive Engine (Shandong) plans to expand its three existing engine plants in Rizhao. This plan was disclosed in March 2013 by the government's announcement of eco-assessment on the expansion of these plants.
 In this plan, the company intends to increase the annual production capacity at these engine plants by 100,000 units from the current 780,000 to more than 880,000. It aims for this expansion without constructing a new building, but through introduction of new facilities (129 units) and renovation of old ones (68 units/sets in total).In addition, the company will enhance the annual machining capacity for cylinder blocks and blanks used on Hyundai αIII/β/γ/Nu engines at the existing three casting plants. The enhanced annual capacity will be equivalent to 200,000 engines.
 So far, USD 817 million has been invested in this JV in total (USD 490 million for the first phase). The JV also produces dies and had more than 1,600 employees as of February 2013.
▽Our original survey finds plan to construct Rizhao fourth engine plant
 MarkLines' original survey conducted in November 2013 has found that Hyundai WIA Automotive Engine (Shandong) plans to construct its fourth new engine plant, again in Rizhao. Details including the annual production volume are yet to be disclosed.
 Most of this JV's products are exported to Hyundai Motor Group's plants in Russia, Slovakia, and India, but are also supplied to Beijing Hyundai Motor and Dongfeng-Yueda-Kia, the group's passenger car plants in China.

Sichuan Hyundai Motor to start operations at commercial vehicle engine plant in Ziyang in 2014

 Hyundai Motor's commercial vehicle JV in Sichuan, Sichuan Hyundai Motor Co., Ltd., will construct an engine plant within the premises of its main commercial vehicle plant in Ziyang. Construction of the main plant started in August 2012. Regarding the engine plant, details including annual production volume and when the construction will begin are yet to be revealed. The company will complete the first phase construction of the engine plant in 2014 and establish an annual capacity to produce 20,000 large engines which is compliant with Euro 4 (China IV) exhaust gas emission standards for Hyundai Motor's commercial vehicles.
 In the future, this engine plant is expected to gradually start production of Hyundai Motor's 3.9-liter, 5-liter, 10-liter, and 12.3-liter engines, including common rail diesel engines.

 

 



Model plans to improve Hyundai brand image and launch Kia's latest model in China

 As its new Chinese model strategy, Hyundai Motor revealed its emphasis on improving the company image from low/medium-end to high-end-oriented.

 In the next 10 years from 2013, it will expand the high-end lineup for the Chinese market, mainly through Beijing Hyundai Motor. This is their so-called "D + S" strategy, centered on D segment and SUVs. The company plans to increase the ratio of midsize models from 26% in 2010 to more than 50% in 2017.

 Regarding commercial vehicles, Sichuan Hyundai Motor's new Ziyang main plant will start operations in Sichuan province in 2014. Starting that year, Hyundai Motor will produce additional Hyundai brand new commercial vehicles every year, including mini- to heavy-duty trucks and new buses (Universe/Global 900-type).

 On the other hand, Kia will introduce production models released in the U.S. and Europe under its brand into the Chinese market, as previously planned. In addition, the company intends to shift its strategy to premiere Kia brand new models in China. In the future, it plans to launch one or two new models every year. For the time being, Kia will focus on the expansion of sales of the K series models (fashionable, high-quality cars) and Forte (low-end, practical cars), through Dongfeng-Yueda-Kia Motors. The company will also expand its SUV lineup further.


 Concerning energy-saving and new energy vehicles, Hyundai Motor Group will boost sales of vehicles equipped with "T-GDI" turbo engines. It will also start low-volume production of electric vehicles (EVs) by 2015, and launch hybrid vehicles (HVs) as well via Beijing Hyundai Motor. Through Dongfeng-Yueda-Kia, on the other hand, the group plans to launch JV's Horki brand model in 2015 (likely to be an EV) and HVs in 2016 (probably K5 Hybrid) into the Chinese market (Source: Press release in April 2013 on an interview with General Manager So Nam-young of Dongfeng-Yueda-Kia Motors).

 

Hyundai Motor Group's model plans and new energy vehicle businesses in China

Details
Model plans Hyundai brand passenger cars
* To focus on improving its brand image to D-segment and other high-end vehicles.
 First, the latest Equus was launched, with Mercedes-Benz S/BMW 7 series as major competitors (the import and sales started in June 2013 at CNY 738,000 to CNY 1.32 million, including long wheel version).
▽Beijing Hyundai Motor
  To expand introduction of SUVs and D-segment models (midsize vehicles).
  To equip 1.0/1.2/1.6-liter turbo engines on more locally produced vehicles including sedans/hatchbacks/SUVs.
  To introduce JV brand vehicles.
Kia brand passenger cars
* To add locally developed vehicles as newly launched vehicles in China, in addition to Kia's production vehicles released in the U.S. and Europe.
▽Dongfeng-Yueda-Kia Motors
* In 2014: all-new Soul (MPVs) and others
* In 2015: To start production of JV's Horki brand's first model (most likely to be EVs) (concept car unveiled in April 2013, based on the new Cerato), small SUV
* In 2016: Mid-size SUV, HV (likely to be K5 Hybrid)* In 2017: Small passenger car, new K7
Hyundai brand commercial vehicles
▽Sichuan Hyundai Motor
* In 2013: County (7-meter long class, high-end mid-size bus, production and sales started in August)
* In 2014 and later: QZc (heavy-duty truck), H100 (light-duty truck), medium-duty truck (including dumb truck), mini truck, Universe (bus currently imported and sold), new Global 900-type (bus)
New energy vehicle businesses New energy vehicles
▽Beijing Hyundai Motor
* To introduce EVs (local production to be kept at small scale) by 2015 and then HVs.
▽Dongfeng-Yueda-Kia Motors
* In 2013, trial run of ten EVs started in Yancheng.
* In 2015, mass production of JV's Horki brand's first model (EV) will start (concept car unveiled in April 2013, based on the new Cerato).
* In 2016, mass production of HVs will start.

 

 



Hyundai Motor Group's passenger car sales network in China by brand

Passenger Car dealership network Hyundai passenger car
dealers

  For the time being, dealers will be increased mainly in mid-west China.
 Hyundai Motor dealership network (total of "4S" dealers and satellite dealers in middle and small cities): 802 dealers in March 2013 (covering up to small and middle cities), 860 dealers by the end of 2013 (to be expanded mainly to the mid-west area).
 Among them, 670 dealers were "4S" as of the end of 2012.
Kia passenger car dealers
 564 dealers at the end of 2012 (including directly managed 130 dealers), 670 at the end of 2013, more than 700 in 2015, and 1,000 in mid- to long-term. This, however, does not include "2S" dealers, newly added in 2013.
 In 2014, the group plans to set up 100 new dealers, as a total of "4S" and "2S".

Note: "4S" dealers refer to those with Sale, Spare part, Service, and Survey functions and "2S" with Sale and Service functions.

 

 



(Reference) Sales volumes of Hyundai Motor Group's three Chinese JVs by model

(unit)

2009 2010 2011 2012 Jan.-Oct.
2012
Jan.-Oct.
2013
2013
(annual
plan)
Grand total 884,068 1,118,523 1,245,924 1,400,804 1,103,309 1,321,180 1,610,000
Total of passenger car 811,695 1,036,036 1,172,316 1,340,037 1,055,084 1,286,830 1,550,000
Sedan, hatchback 717,604 836,323 909,009 1,051,437 838,779 949,131 1,550,000
SUV 93,233 199,258 263,306 288,600 216,305 337,699
MPV 858 455 1 (production and sales discontinued)
   ▽Beijing Hyundai Motor
2009 2010 2011 2012 Jan.-Oct.
2012
Jan.-Oct.
2013
2013
(annual
plan)
Total (passenger car) 570,309 703,008 739,800 859,595 676,746 840,954 1,030,000
4th-generation Sonata 2.0L 5,417 4 (production and sales discontinued) N/A
5th-generation Sonata
(Mingyu Sonata) 1.8/2.0L
14,921 38,881 29,546 16,903 15,124 11,528
6th-generation Sonata
(Yuxiang Sonata: Sonata NF)
1,093 3,309 (production and sales discontinued)
7th-generation Sonata
(Lingxiang Sonata) 2.0/2.4L
15,606 22,344 11,741 1 1 (production
and sales
discontinued)
8th-generation Sonata
(YF Sonata) 2.0/2.4L
- - 72,065 100,477 80,949 87,985
Elantra 1.6/1.8L 171,605 152,641 113,368 64,368 57,990 29,074
Elantra Yedong 1.6/1.8L 239,449 233,344 190,995 214,753 178,857 145,476
Elantra Langdong
(Avante) 1.6/1.8L
- - - 81,827 45,063 173,706
Mistra (It started production in 2013, and
will be released from the end of 2013)
New Accent 60,379 68,463 19,557 3,200 3,079 398
i30 1.6/2.0L 12,494 19,858 9,792 1,645 1,643 3
ix35 2.0/2.4L - 63,278 103,023 108,241 79,734 127,526
Tucson 2.0/2.7L 49,345 56,527 51,188 56,184 44,335 42,743
3rd-generation Santa Fe 2.0/2.4L - - - 7,033 - 59,805
Verna 1.4/1.6L - 44,359 138,525 204,963 169,971 162,660
Shouwang ("Shouwang" brand, owned by Beijing Hyundai Motor of joint company) - - - - - 50
   ▽Dongfeng-Yueda-Kia Motors
2009 2010 2011 2012 Jan.-Oct.
2012
Jan.-Oct.
2013
2013
(annual
plan)
Total (passenger car) 241,386 333,028 432,516 480,442 378,338 445,876 520,000
Forte 1.6/2.0L 48,298 105,751 128,151 80,944 70,870 28,428 N/A
K2 (2/3box) 1.4/1.6L - - 58,334 143,155 116,412 117,155
K3 1.6/1.8L - - - 26,845 5,401 112,127
K5 2.0/2.4L (5th-generation Optima) - - 34,221 52,742 42,885 45,996
Optima 1.8/2.0L 2,573 3,336 3,124 4,155 3,487 882
Cerato 1.6/1.8L 83,870 70,174 54,647 34,501 28,827 21,240
Cerato Wagon 1.6L 19,136 12,573 4,383 950 694 250
Rio 1.4/1.6L 41,061 44,022 30,324 9,184 8,279 3,938
Soul 1.6/2.0L 1,702 17,264 10,236 10,824 9,247 8,235
Carnival 858 455 1 (production and sales discontinued)
Sportage R 2.0/2.4L - 11,713 64,341 75,964 59,392 70,945
Sportage 2.0/2.7L 43,888 67,740 44,754 41,178 32,844 36,680
   ▽Sichuan Hyundai Motor (former "Sichuan Nanjun Automobile" for December 2012 and earlier)
2009 2010 2011 2012 Jan.-Oct.
2012
Jan.-Oct.
2013
2013
(annual
plan)
Total (commercial vehicle) 72,373 82,487 73,608 60,767 48,225 34,350 60,000
Total of truck (including chassis) 70,243 79,956 71,209 59,422 47,166 32,912 N/A
Medium-duty truck 22,582 29,032 24,295 20,237 15,962 11,727
Light-duty truck 36,441 36,581 34,217 28,674 22,889 15,873
mini truck 8,803 10,720 10,003 8,235 6,572 4,568
Total of bus (including chassis) 2,130 2,531 2,399 1,345 1,059 1,438
Large-sized bus 61 84 75 - - 3
Medium-sized bus 1,305 1,509 1,524 831 620 993
Light-sized bus 764 938 800 514 439 442

<Automotive Industry Portal MarkLines>