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Hyundai Motor America Reports July 2022 Sales

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Hyundai Motor America reported July 2022 sales of 60,631 units, an 11% decrease from July 2021. Notably, the Tucson SUV saw a 24% increase in sales compared to the previous year, with the Tucson HEV up by 50%. Green car sales rose by 12%. Noteworthy records were reached for the Elantra HEV and Tucson PHEV. No fleet sales occurred in July 2022. The report highlights significant leadership changes, including Randy Parker as the new CEO and the launch of the IONIQ 6 model, marking continued commitment to eco-friendly vehicles.

Positive
  • Tucson SUV sales increased by 24%, with Tucson HEV sales up 50%.
  • Green car sales rose by 12% year-over-year.
  • Elantra HEV and Tucson PHEV set new monthly sales records.
  • Randy Parker appointed as the new CEO of Hyundai Motor America.
  • Launch of the IONIQ 6 model, enhancing Hyundai's electric vehicle lineup.
Negative
  • Total sales decreased by 11% compared to July 2021.
  • Overall sales for 2022 YTD down 15% from the same period in 2021.
  • Significant declines in sales for models like the Sonata (-57%) and Santa Fe (-25%).
  • Sales for the Kona and Venue decreased by 50% and 29%, respectively.
  • July Sales for Tucson Family Grew 24%; Tucson HEV up 50%
  • Green Cars Sales Increased 12% over July 2021

FOUNTAIN VALLEY, Calif., Aug. 2, 2022 /PRNewswire/ -- Hyundai Motor America reported total July sales of 60,631 units, a decrease of 11% compared with July 2021. SUV sales represented 66% of the total mix. The Tucson SUV line-up was up 24%, led by Tucson (+20%) and Tucson HEV (+50%) compared with July 2021. Green car sales increased 12% year over year. Both the Elantra HEV and the Tucson PHEV set new sales records for the month. Hyundai had no fleet sales in July 2022. 

"We're very pleased with the demand for our Tucson lineup and its array of powertrain variants," said Bob Kim, vice president, national sales, Hyundai Motor America. "Our eco-friendly line-up continues to perform very well, led by the Elantra HEVs and Tucson PHEV, which had record months."

 

July Total Sales Summary


Jul-22

Jul-21

% Chg

Q3
2022

Q3
2021

% Chg

2022
YTD

2021
YTD

% Chg

Hyundai

60,631

68,500

-11 %

60,631

68,500

-11 %

404,498

475,635

-15 %

 

July Product and Corporate Activities

  • Randy Parker Named CEO of Hyundai Motor America: Hyundai Motor America announced the promotion of Randy Parker to CEO of Hyundai Motor America. Parker will be responsible for Hyundai's commercial automotive operations in the United States and report to José Muñoz, president and CEO of Hyundai Motor North America. Parker was previously the senior vice president, national sales, Hyundai Motor America.  
  • Brian Latouf Appointed to Lead New Global Chief Safety Office: As the newly created Global Chief Safety Officer, Brian Latouf will integrate the engineering resources of Hyundai and HMNA by combining safety field investigations, safety data analysis, and safety engineering performance into a streamlined global technical function. 
  • Hyundai Executive Promotions: Hyundai Motor America announced the promotion of Bob Kim to vice president, national sales and David VandeLinde to vice president, after-sales, Hyundai Motor America. In his role Kim will oversee sales and field operations in the U.S. and was previously the general manager of the southern region for Hyundai Motor America. VandeLinde will continue to be responsible for leading dealer service programs and operations, parts and accessory sales, and owner marketing. Both executives will report to CEO Randy Parker
  • The Hyundai IONIQ 6 Makes its Debut: Hyundai Motor Company launched the eagerly awaited IONIQ 6 Electrified Streamliner with a digital world premiere film (IONIQ 6 World Premiere Video). As the new model in the brand's IONIQ all-electric lineup brand, the electrified streamliner's array of advanced technologies, personalized space and features and extended range redefine the boundaries of electric mobility. 
  • Hyundai Palisade and Santa Cruz Win Top J.D. Power 2022 U.S. APEAL Awards: J.D. Power designated the Hyundai Palisade and Santa Cruz as the most appealing vehicles in their segments in the 2022 U.S. Automotive Performance, Execution and Layout (APEAL) StudySM.
  • Hyundai Motor's N Brand: Hyundai Motor's high-performance N sub-brand revealed its electrification vision to demonstrate the company's commitment to future-focused zero-emissions technologies. RN22e and N Vision 74 are inspirational examples of N's electrification vision.

 

July Model Total Sales

Vehicles

Jul-22

Jul-21

% Chg

Q3
2022

Q3
2021

% Chg

2022
YTD

2021
YTD

% Chg

Accent

3,910

1,852

+111 %

3,910

1,852

+111 %

11,340

11,956

-5 %

Elantra

12,021

13,103

-8 %

12,021

13,103

-8 %

60,865

87,160

-30 %

Ioniq

6

1,619

-100 %

6

1,619

-100 %

3,668

12,726

-71 %

Ioniq 5

1,978

0

0 %

1,978

0

0 %

15,670

0

0 %

Kona

4,253

8,576

-50 %

4,253

8,576

-50 %

37,040

59,572

-38 %

Nexo

29

53

-45 %

29

53

-45 %

300

187

+60 %

Palisade

5,121

5,505

-7 %

5,121

5,505

-7 %

48,758

49,006

-1 %

Santa Cruz

2,801

81

+3358 %

2,801

81

+3358 %

21,004

81

+25831 %

Santa Fe

9,532

12,766

-25 %

9,532

12,766

-25 %

67,427

75,876

-11 %

Sonata

4,633

10,659

-57 %

4,633

10,659

-57 %

24,228

64,857

-63 %

Tucson

14,278

11,483

+24 %

14,278

11,483

+24 %

98,349

95,000

+4 %

Veloster

174

140

+24 %

174

140

+24 %

1,303

1,501

-13 %

Venue

1,895

2,663

-29 %

1,895

2,663

-29 %

14,546

17,713

-18 %

Note: Electrified vehicles are hybrid, plug-in hybrid, battery electric and hydrogen fuel cell models.

 

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 738,000 vehicles in the U.S. in 2021, and nearly half were built at Hyundai Motor Manufacturing Alabama. For more information, visit www.HyundaiNews.com.

Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/hyundai-motor-america-reports-july-2022-sales-301597861.html

SOURCE Hyundai Motor America

FAQ

What were Hyundai Motor America's July 2022 sales figures?

Hyundai Motor America reported total sales of 60,631 units in July 2022.

How did Tucson sales perform in July 2022?

The Tucson SUV saw a 24% increase in sales compared to July 2021.

What changes occurred in Hyundai's leadership in July 2022?

Randy Parker was promoted to CEO of Hyundai Motor America.

What was the percentage change in overall sales for Hyundai in July 2022?

Total sales decreased by 11% compared to July 2021.

Which Hyundai models set new sales records in July 2022?

The Elantra HEV and Tucson PHEV set new monthly sales records.

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