More

    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


    https://i-invdn-com.investing.com/news/World_News_8_800x533_L_1420026210.jpg



    Source link
    Investing.com

    Latest articles

    spot_imgspot_img

    Related articles

    spot_imgspot_img