Hyundai Motor America Reports August 2021 Sales

Rhea-AI Summary

Hyundai Motor America reported August 2021 sales of 56,200 units, down 4% from August 2020. Despite challenges from chip shortages, total car sales rose 8% with significant increases in Sonata (+4%), Elantra (+20%), and Ioniq (+21%). Eco-friendly vehicle sales soared by 245%. Retail sales totaled 51,950 units, down 7%, but eco-friendly units rose 242%. New records were set for Venue, Ioniq EV, and Kona EV. Hyundai anticipates improved inventory and continued market share growth.

Positive

• Eco-friendly vehicle sales increased by 245%.
• Total car sales rose by 8% compared to August 2020.
• Significant retail sales growth in Sonata (+4%), Elantra (+20%), and Ioniq (+21%).
• New sales records set for models like Venue, Ioniq EV, and Kona EV.

Negative

• Total sales decreased by 4% compared to August 2020.
• Retail sales declined by 7% in August 2021.
• Sales of Kona dropped by 30% year-over-year.
• Sales of Veloster plummeted by 83% compared to August 2020.

FOUNTAIN VALLEY, Calif., Sept. 1, 2021 /PRNewswire/ -- Hyundai Motor America reported total August sales of 56,200 units, a 4% decrease compared with August 2020. Hyundai total car sales increased 8%, led by Sonata (+4%), Elantra (+20%) and Ioniq (+21%), while eco-friendly vehicles rose by 245%. Hyundai also set new August total sales records for Venue, Ioniq EV, Ioniq PHEV, Kona EV and Nexo.

"After five months in a row of record-breaking sales, along with chip supply shortages, our inventory levels presented a challenge in August," said Randy Parker, senior vice president, National Sales, Hyundai Motor America. "Importantly, consumer demand for Hyundai vehicles remains at an all-time high and we expect our inventory pipeline to improve throughout the remainder of the year. We anticipate outperforming the market for the month and continuing to grow our market share."

August Retail Highlights
Hyundai sold 51,950 retail units in August, a decline of 7%. Hyundai eco-friendly vehicle retail sales continued to grow substantially, increasing 242% on the month. New retail August sales records were established for Ioniq EV, Ioniq PHEV, Kona EV and Nexo.

August Total Sales Summary

	Aug-21	Aug-20	% Chg	2021 YTD	2020 YTD	% Chg
Hyundai	56,200	58,361	-4%	531,835	388,635	37%

 

August Product and Corporate Activities

• IONIQ 5 Robotaxi: Motional and Hyundai Motor Group unveiled the IONIQ 5-based robotaxi, an SAE Level 4 autonomous vehicle that can safely operate without a driver
• Elantra N Revealed: Hyundai debuted its thrilling all-new 2022 Elantra N for the North American market in a virtual event
• Tucson IIHS TSP+: The all-new Tucson earned a 2021 TOP SAFETY PICK+ (TSP+) designation from the Insurance Institute for Highway Safety (IIHS)
• 5 Millionth U.S. Built Vehicle: Hyundai Motor Manufacturing Alabama celebrated the 5 millionth vehicle built at Hyundai's U.S. assembly plant
• Best Cars and SUVs for Teens: Four Hyundai models (Santa Fe Hybrid, Kona, Ioniq Hybrid and Elantra Hybrid) were named Best Cars for Teens by U.S. News & World Report
• J.D. Power IQS: The J.D. Power 2021 U.S. Initial Quality Study (IQS) ranked the Hyundai Accent as the best small car in initial quality
• Outfest Sponsorship: Hyundai was the official automotive sponsor of the Outfest Los Angeles Film Festival for the fourth consecutive year

Model Total Sales

Vehicle	Aug-21	Aug-20	% Chg	2021 YTD	2020 YTD	% Chg
Accent	1,067	1,135	-6%	13,023	10,967	19%
Elantra	10,942	9,135	20%	98,102	66,868	47%
Ioniq	1,060	879	21%	13,786	8,143	69%
Kona	5,582	7,998	-30%	65,154	45,842	42%
Nexo	43	25	72%	230	117	97%
Palisade	7,705	7,983	-3%	56,711	52,842	7%
Santa Cruz	1,252	0	---	1,333	0	---
Santa Fe	7,207	9,129	-21%	83,083	61,854	34%
Sonata	8,277	7,965	4%	73,134	45,088	62%
Tucson	11,151	11,632	-4%	106,151	80,495	32%
Veloster	146	836	-83%	1,647	5,984	-72%
Venue	1,768	1,644	8%	19,481	10,435	87%

 

Hyundai Motor America
Hyundai Motor America focuses on 'Progress for Humanity' and smart mobility solutions. Hyundai offers U.S. consumers a technology-rich lineup of cars, SUVs and electrified vehicles. Our 820 dealers sold more than 620,000 vehicles in the U.S. in 2020, and nearly half were built at Hyundai Motor Manufacturing Alabama. For more information, visit www.HyundaiNews.com.

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SOURCE Hyundai Motor America

FAQ

What were Hyundai's total August 2021 sales figures?

Hyundai reported total sales of 56,200 units in August 2021.

How did Hyundai's eco-friendly vehicle sales perform in August 2021?

Eco-friendly vehicle sales surged by 245% in August 2021.

What was the percentage change in Hyundai's retail sales for August 2021?

Hyundai's retail sales declined by 7% in August 2021.

What challenges did Hyundai face in August 2021?

Hyundai faced inventory challenges due to chip supply shortages.

Which Hyundai models set sales records in August 2021?

New sales records were established for Venue, Ioniq EV, Ioniq PHEV, Kona EV, and Nexo in August 2021.