Hyundai Motor America Reports May 2024 Sales By Investing.com



  • Total sales up 12% in May; YTD total sales increase 2%
  • Best May for IONIQ 5, IONIQ 6, Tucson HEV, Santa Fe HEV, Palisade and Santa Cruz
  • Hyundai May retail sales up 9% YOY; Volume led by Palisade, IONIQ 5 and Santa Fe HEV
  • May EV sales up 42% YOY

FOUNTAIN VALLEY, Calif., June 1, 2024 /PRNewswire/ — Hyundai Motor (OTC:) America reported total May sales of 78,485 units, a 12% increase compared with May 2023. Hyundai set total sales records in May for IONIQ 5 (+82%), IONIQ 6 (+13%), Tucson HEV (+54%), Santa Fe HEV (+116%), Palisade (+45%) and Santa Cruz (+2%). This was the best all-time retail and total sales for IONIQ 5 and Santa Fe HEV. Hyundai’s total EV sales were up 42% in May.

“We continue seeing great success in our eco-friendly line-up with an overall 50% increase YOY,” said Randy Parker, CEO, Hyundai Motor America. “Both EVs and Hybrids continue to gain popularity with Hyundai’s newest HEV, the 2024 Santa Fe gaining 116% YOY and our award-winning IONIQ 5 family increasing 82%. We’re proud to also announce Hyundai has America’s Most Awarded EV Lineup in the industry.”

May Total Sales Summary

May-24

May-23

% Chg

2024
YTD

2023
YTD

% Chg

Hyundai

78,485

70,001

+12 %

331,892

325,262

+2.0 %

May Product and Corporate Activities

  • Hyundai Launches New Supercharged Marketing Campaign Featuring Electric Vehicle Lineup: To encourage EV-curious consumers to make the switch to an electric vehicle and creatively showcase the benefits of going all electric, Hyundai has launched a new marketing campaign.
  • Hyundai Leads Industry with Nine IIHS 2024 TOP SAFETY PICK Recognitions: Hyundai leads the industry with nine TOP SAFETY PICK recognitions by the Insurance Institute of Highway Safety (IIHS). The 2024 Hyundai Santa Fe and 2024 Sonata have received a TOP SAFETY PICK designation and the Hyundai IONIQ 5 has been upgraded to a TOP SAFETY PICK+ by the Insurance Institute of Highway Safety, (IIHS).
  • IONIQ 5 N Voted Best EV Hot Hatch at the 2024 TopGear.com Electric Awards: The multiple award-winning IONIQ 5 N has added yet another coveted honor to its expanding trophy cabinet by being named Best EV Hot Hatch at the 2024 TopGear.com Electric Awards.
  • IONIQ 5 N Named World’s Best Electric Performance Car by CAR Magazine: The Hyundai IONIQ 5 N has continued its phenomenal run of success by being named the best electric performance car in the world by CAR Magazine.
  • 2024 Palisade Wins Three-row SUV Challenge by Cars.com: The 2024 Hyundai Palisade is the winner of Cars.com’s Three-row SUV challenge. Conducted over the course of a week, the comparison test featured seven SUVs that were evaluated in a number of areas important to families. After scores were tabulated, the Palisade emerged to top place – thanks in part to its classy refinement and host of desirable features.
  • Hyundai Leads U.S. News & World Report’s 2024 Best Cars for Teens Awards: For the third year in a row, Hyundai is being honored with the most category wins in U.S. News & World Report’s 2024 Best Cars for Teens awards.
  • 2024 Sonata Named Best Midsize Vehicle at Texas Auto Writers Association’s Annual Auto Roundup: The 2024 Hyundai Sonata has been named the best midsize vehicle at the Texas Auto Writers Association (TAWA) annual Auto Roundup held on April 23-24, 2024.
  • Hyundai Launches All-New Santa Fe Marketing Campaign: Hyundai and its U.S. Hispanic marketing agency, Lopez Negrete Communications, launched a new creative campaign for the all-new 2024 Santa Fe SUV. The campaign titled “Under a Different Light” “ “Un nuevo punto de vista” “ encourages Hispanic consumers to embrace a unique perspective on both the journey and life itself through the lens of the all-new Santa Fe.

Model Total Sales

Vehicles

May-24

May-23

% Chg

2024
YTD

2023
YTD

% Chg

Elantra

13,311

15,605

-15 %

50,273

61,314

-18 %

Ioniq 5

4,449

2,446

+82 %

14,973

10,505

+43 %

Ioniq 6

1,099

971

+13 %

5,998

2,083

+188 %

Kona

8,308

5,613

+48 %

39,635

31,664

+25 %

Nexo

6

16

-63 %

70

97

-28 %

Palisade

10,147

7,013

+45 %

44,544

33,574

+33 %

Santa Cruz

3,603

3,526

+2 %

14,976

16,423

-9 %

Santa Fe

10,997

10,039

+10 %

46,819

49,518

-5 %

Sonata

6,700

4,321

+55 %

25,212

23,500

+7 %

Tucson

17,371

18,038

-4 %

78,565

82,884

-5 %

Venue

2,494

2,413

+3 %

10,827

13,664

-21 %

Hyundai Motor America
Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company (OTC:)’s Progress for Humanity vision. Hyundai has significant operations in the U.S., including its North American headquarters in California, the Hyundai Motor Manufacturing Alabama assembly plant, the all-new Hyundai Motor Group Metaplant America (in development in Georgia), and several cutting-edge R&D facilities. These operations, combined with those of Hyundai’s 835 independent dealers, contribute $20.1 billion annually and 190,000 jobs to the U.S. economy, according to a recent economic impact report. For more information, visit http://www.hyundainews.com.

Hyundai Motor America on Twitter | YouTube | Facebook (NASDAQ:) | Instagram | LinkedIn | TikTok

Contact
Ira Gabriel
(657) 568-7471
igabriel@hmausa.com


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