The Avante, a quasi-medium size car of Hyundai Motors, has exceeded the accumulated global sales of 10 million for the first time for a Korean car. The company announced on Oct. 28 that 10,005,032 Avantes were sold overseas by the 27th of this month.
The Avante has surpassed the mark of 10 million sales, which is a strong indicator of the idea of a “Global Korean car,” in 24 years after October 1990, when the model was launched under the name “Elantra.”
This figure represents that an average of 420,000 Avantes are sold every year, and more than 1,100 every day.
There are only 10 automobile models that have sold more than 10 million units in the global market, including the Toyota Corolla, the Volkswagen Golf and Beetle, the Honda Civic, and the Ford Focus.
Automobile industry experts state that it is significant for Hyundai Motor to have a model that has sold 10 million units, considering that the history of the Korean car industry is relatively short when compared to that of the U.S., Germany, or Japan.
The Avante, the first quasi-medium size domestic car, is found to have been sold 7 out of 10 cars in overseas market. It is sold about 2,600,000 units in the domestic market and about 7,400,000 in 177 foreign countries. In 2012, the model was selected as this year's car in North America, Canada, and South Africa.
By production base, 6,400,000 units were produced domestically and 3,600,000 in overseas factories in the U.S., China, India and other locations.