STOCK TITAN

Hyundai Motor America Reports July 2024 Sales

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Hyundai Motor America reported a 4% increase in total July sales, reaching 69,202 units compared to July 2023. The company achieved record sales for several hybrid models, with total hybrid sales up 67% in July. Notably, retail sales of electric, hybrid, and plug-in hybrid vehicles represented 25% of the retail sales mix. Hyundai set total sales records for Elantra HEV (+13%), Santa Fe HEV (+75%), Tucson HEV (+109%), and Palisade (+50%). The Tucson HEV had its best-ever month in both retail and total sales. Despite challenges from a CDK disruption early in the month, Hyundai's diverse product portfolio, particularly its HEV and EV lineup, drove the solid sales performance.

Hyundai Motor America ha riportato un aumento del 4% nelle vendite totali di luglio, raggiungendo 69.202 unità rispetto a luglio 2023. L'azienda ha registrato vendite record per diversi modelli ibridi, con totali vendite ibride in aumento del 67% a luglio. È importante notare che le vendite al dettaglio di veicoli elettrici, ibridi e ibridi plug-in hanno rappresentato il 25% della composizione delle vendite al dettaglio. Hyundai ha stabilito record di vendite totali per Elantra HEV (+13%), Santa Fe HEV (+75%), Tucson HEV (+109%) e Palisade (+50%). Il Tucson HEV ha registrato il suo mese migliore sia in vendite al dettaglio che totali. Nonostante le sfide dovute a un'interruzione CDK all'inizio del mese, la diversificata gamma di prodotti di Hyundai, in particolare la sua linea di HEV e EV, ha guidato una solida performance nelle vendite.

Hyundai Motor America reportó un incremento del 4% en las ventas totales de julio, alcanzando 69,202 unidades en comparación con julio de 2023. La empresa logró ventas récord para varios modelos híbridos, con ventas totales de híbridos aumentadas en un 67% en julio. Cabe destacar que las ventas minoristas de vehículos eléctricos, híbridos y híbridos enchufables representaron el 25% de la mezcla de ventas minoristas. Hyundai estableció récords de ventas totales para Elantra HEV (+13%), Santa Fe HEV (+75%), Tucson HEV (+109%) y Palisade (+50%). El Tucson HEV tuvo su mejor mes de todos los tiempos tanto en ventas minoristas como totales. A pesar de los desafíos por una interrupción de CDK al principio del mes, el diverso portafolio de productos de Hyundai, especialmente su línea de HEV y EV, impulsó un sólido desempeño en ventas.

현대자동차 아메리카는 7월 총 판매량이 4% 증가하여 69,202대에 도달했다고 보고했습니다. 회사는 여러 하이브리드 모델에 대한 판매 기록을 달성했으며, 7월 하이브리드 차량 총 판매량이 67% 증가했습니다. 특히 전기, 하이브리드 및 플러그인 하이브리드 차량의 소매 판매는 소매 판매 비중의 25%를 차지했습니다. 현대는 엘란트라 HEV(+13%), 산타페 HEV(+75%), 투싼 HEV(+109%), 팔리세이드(+50%)의 총 판매 기록을 세웠습니다. 투싼 HEV는 소매 및 총 판매에서 최고의 달을 기록했습니다. 월 초 CDK 중단으로 인해 어려움이 있었음에도 불구하고 현대의 다양한 제품 포트폴리오, 특히 HEV와 EV 제품군이 탄탄한 판매 실적을 이끌었습니다.

Hyundai Motor America a annoncé une augmentation de 4% des ventes totales en juillet, atteignant 69 202 unités par rapport à juillet 2023. L'entreprise a atteint des ventes record pour plusieurs modèles hybrides, avec une augmentation de 67% des ventes hybrides au total en juillet. Il est à noter que les ventes au détail de véhicules électriques, hybrides et hybrides rechargeables ont représenté 25% de la composition des ventes au détail. Hyundai a établi des records de ventes totales pour l'Elantra HEV (+13%), le Santa Fe HEV (+75%), le Tucson HEV (+109%) et le Palisade (+50%). Le Tucson HEV a connu son meilleur mois jamais enregistré tant en termes de ventes au détail que de ventes totales. Malgré les défis posés par une perturbation de CDK au début du mois, le portefeuille de produits diversifié de Hyundai, en particulier sa gamme de HEV et d'EV, a permis d'obtenir de solides performances en matière de ventes.

Hyundai Motor America berichtete von einem 4%igen Anstieg der Gesamtverkäufe im Juli, mit 69.202 Einheiten im Vergleich zum Juli 2023. Das Unternehmen erzielte Rekordverkäufe für mehrere Hybridmodelle, mit einem Anstieg der Gesamtverkäufe von Hybriden um 67% im Juli. Bemerkenswerterweise machten der Einzelhandel von Elektro-, Hybrid- und Plug-in-Hybridfahrzeugen 25% des Verkaufsanteils aus. Hyundai stellte Gesamtverkaufsrekorde für Elantra HEV (+13%), Santa Fe HEV (+75%), Tucson HEV (+109%) und Palisade (+50%) auf. Der Tucson HEV hatte den besten Monat aller Zeiten sowohl im Einzelhandel als auch in den Gesamtverkäufen. Trotz der Herausforderungen durch eine CDK-Störung zu Beginn des Monats trieb Hyundai's vielfältiges Produktportfolio, insbesondere die HEV- und EV-Modelle, die solide Verkaufsleistung an.

Positive
  • Total July sales increased by 4% compared to July 2023
  • Hybrid total sales increased by 67% in July
  • Electric, hybrid, and plug-in hybrid vehicles represented 25% of retail sales mix
  • Record sales for Elantra HEV (+13%), Santa Fe HEV (+75%), Tucson HEV (+109%), and Palisade (+50%)
  • Best-ever month for Tucson HEV in both retail and total sales
  • Sonata retail sales increased by 65%
  • Palisade retail sales increased by 41%
  • Year-to-date total sales up 2%
Negative
  • IONIQ 5 retail sales only increased by 1.4%
  • CDK disruption at the start of July posed challenges
  • July total sales increased 4%; Year-to-date total sales up 2%
  • Best July for Elantra HEV, Santa Fe HEV, Tucson HEV, and Palisade
  • Hybrid total sales increase 67% in July

FOUNTAIN VALLEY, Calif., Aug. 1, 2024 /PRNewswire/ -- Hyundai Motor America reported total July sales of 69,202 units, a 4% increase compared with July 2023. Hyundai set total sales records in July for Elantra HEV (+13%), Santa Fe HEV (+75%), Tucson HEV (+109%) and Palisade (+50%).

Hyundai's total hybrid sales were up 67% in July. Retail sales of electric, hybrid and plug-in hybrid vehicles represented 25% of the retail sales mix, with IONIQ 5 retail sales increasing 1.4%. Retail sales for Sonata (+65%) and Palisade (+41%) also climbed. This was also the best ever month in retail and total sales for the Tucson HEV.

"Despite a challenging start to July as the CDK disruption began to resolve, Hyundai achieved a solid 4% increase in total sales, fueled by our HEV and EV lineup," said Randy Parker, CEO, Hyundai Motor America. "Our overall total sales results in July reflect the sustained consumer demand for diversified product portfolio."

July Total Sales Summary


Jul-24

Jul-23

% Chg

2024
YTD

2023
YTD

% Chg

Hyundai

69,202

66,527

+4.0 %

468,725

461,140

+1.6 %

July Product and Corporate Activities

  • Hyundai President and Global COO José Muñoz Named Executive of the Year by NEMPA: President and chief operating officer of Hyundai Motor Company, and president and CEO of Hyundai and Genesis Motor North America José Muñoz was named Executive of the Year by the New England Motor Press Association (NEMPA) at the media organizations' annual award ceremony in Boston.
  • Hyundai Strengthens U.S. Marketing Team: Hyundai Motor America has restructured its marketing department creating two new divisions: marketing creative and marketing performance.
  • Hyundai Announces 2025 Model Year Changes: Hyundai released a summary of changes to its lineup for the 2025 model year.
  • Hyundai Launches "It's OK" Advertisement During the 2024 Summer Games: Celebrating the start of the 2024 Summer Games, Hyundai launched a new advertisement titled "It's OK." The sports-themed ad highlights the importance of finding joy in your journey even if that means taking a break from playing a particular sport and trying something new.
  • Santa Fe Named Top Midsize SUV in J.D. Power 2024 U.S. APEAL Study: J.D. Power has named the 2024 Hyundai Santa Fe as the most appealing vehicle in the midsize SUV segment in the 2024 U.S. Automotive Performance, Execution and Layout (APEAL) StudySM
  • 2025 Tucson SUV Pricing Released: Hyundai released pricing for its thoroughly refreshed 2025 Tucson compact SUV, starting at $29,750, including a $1,395 destination charge.
  • Santa Fe Named Best U.S.-Built SUV by American Cars and Racing: Hyundai's all-new 2024 Santa Fe has been named Best U.S.- Built SUV by American Cars and Racing.
  • Hyundai Launches New Marketing Campaign: Hyundai launched a marketing campaign tilted "Quality Isn't a Luxury" highlighting the quality, dependability, reliability, and safety of its vehicles.
  • Hyundai Donates To Support Child Passenger and Pedestrian Safety: Hyundai Motor America announced its donation of $100,000 to Children's Hospital Los Angeles (CHLA) towards its Injury Prevention and Child Passenger Safety Program.

Model Total Sales

Vehicles

Jul-24

Jul-23

% Chg

2024
YTD

2023
YTD

% Chg

Elantra

13,764

11,898

+16 %

76,053

86,636

-12 %

Ioniq 5

3,416

4,135

-17 %

22,144

17,776

+25 %

Ioniq 6

778

1,745

-55 %

7,690

4,990

+54 %

Kona

6,713

6,123

+10 %

53,252

44,048

+21 %

Nexo

2

34

-94 %

79

139

-43 %

Palisade

8,635

5,752

+50 %

62,382

45,199

+38 %

Santa Cruz

2,615

2,903

-10 %

20,560

22,953

-10 %

Santa Fe

8,989

10,612

-15 %

65,611

71,754

-9 %

Sonata

5,755

3,209

+79 %

36,902

30,543

+21 %

Tucson

16,135

17,534

-8 %

108,281

118,125

-8 %

Venue

2,400

2,581

-7 %

15,771

18,940

-17 %

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's Progress for Humanity vision. Hyundai has significant operations in the U.S., including its North American headquarters in Califor

nia, 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 | Instagram | LinkedIn | TikTok

 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/hyundai-motor-america-reports-july-2024-sales-302212130.html

SOURCE Hyundai Motor America

FAQ

What was Hyundai's total sales figure for July 2024?

Hyundai Motor America reported total July 2024 sales of 69,202 units, a 4% increase compared to July 2023.

How much did Hyundai's hybrid sales increase in July 2024?

Hyundai's total hybrid sales increased by 67% in July 2024 compared to the previous year.

What percentage of Hyundai's retail sales mix was represented by electric, hybrid, and plug-in hybrid vehicles in July 2024?

Electric, hybrid, and plug-in hybrid vehicles represented 25% of Hyundai's retail sales mix in July 2024.

Which Hyundai models set sales records in July 2024?

Hyundai set total sales records in July 2024 for Elantra HEV, Santa Fe HEV, Tucson HEV, and Palisade.

How has Hyundai's year-to-date sales performance been for 2024 compared to 2023?

Hyundai's year-to-date total sales for 2024 are up 1.6% compared to the same period in 2023.

HYUNDAI MOTOR REG S

OTC:HYMTF

HYMTF Rankings

HYMTF Latest News

HYMTF Stock Data

45.43B
196.15M
0.18%
Auto Manufacturers
Consumer Cyclical
Link
United States of America
Seoul