Hyundai Motor America Reports November 2021 Sales

Rhea-AI Summary

Hyundai Motor America announced November 2021 sales of 44,345 units, a 20% decline from November 2020. The company saw a significant increase of 165% in eco-friendly vehicle sales, with records for Nexo and Ioniq plug-in hybrids. SUV sales accounted for 76% of total sales. Retail sales fell 4%, yet eco-friendly vehicle retail sales surged 172%. Fleet sales plummeted 97%. Hyundai aims for a strong finish to the year despite ongoing supply chain challenges.

Positive

• Eco-friendly vehicle sales rose by 165% year-over-year.
• SUV sales represented 76% of total sales.
• Set new retail sales records for Venue, Nexo, and Ioniq hybrid and plug-in hybrid.

Negative

• Total sales decreased by 20% year-over-year.
• Retail sales dropped 4% compared to the previous month.
• Fleet sales fell 97%, accounting for less than 1% of total volume.

FOUNTAIN VALLEY, Calif., Dec. 1, 2021 /PRNewswire/ -- Hyundai Motor America reported total November sales of 44,345 units, a 20% decrease compared with November 2020. Hyundai eco-friendly vehicle total sales grew 165%, including November records for Nexo and Ioniq plug-in hybrid. SUV sales represented 76% of the total sales mix. Hyundai fleet sales were down 97% and were less than 1% of total volume.

"Consumer demand remains exceptionally high, and our dealers are doing a fantastic job of turning vehicles quickly and selling many before they even hit the lot," said Randy Parker, senior vice president, national sales, Hyundai Motor America. "Lingering availability issues persisted into November, but we are optimistic that we will close the year strong."

November Retail Highlights

Hyundai sold 44,073 retail units during the month, a decrease of 4%. Hyundai eco-friendly vehicle retail sales increased 172% on the month, while SUV retail sales were up 7%. Hyundai set new November retail sales records for Venue, Nexo, and Ioniq hybrid and plug-in hybrid.

November Total Sales Summary

	Nov-21	Nov-20	% Chg	2021 YTD	2020 YTD	% Chg
Hyundai	44,345	55,171	-20%	686,741	555,991	24%

November Product and Corporate Activities

• SEVEN Concept: At AutoMobility LA, Hyundai unveiled SEVEN, a new sport utility electric vehicle (SUEV) concept  
• Hyundai Home: Hyundai launched Hyundai Home, offering customers an opportunity to access solar energy and electric vehicle charging for their home
• North American Truck and Utility of the Year: Santa Cruz and IONIQ 5 were named finalists for the 2022 North American Truck and Utility of the Year™
• Popular Science Best of What's New: The Santa Cruz was selected to the 2021 Popular Science Best of What's New list for its attractive styling and innovative technology
• Residual Value Awards: Kona, Kona Electric, and Accent won prestigious J.D. Power 2022 U.S. ALG Residual Value Awards in their respective segments
• More Awards: Informa Tech Automotive Group named Hyundai OEM of the Year, U.S. News & World Report selected Hyundai as the Best SUV Brand and IONIQ 5 was deemed the Green Car Journal's 2022 Green SUV of the Year™
• IONIQ 5 x Spider-Man: Hyundai released a marketing campaign for its all-electric IONIQ 5 with the upcoming film "Spider-Man: No Way Home"

Model Total Sales

Vehicle	Nov-21	Nov-20	% Chg	2021 YTD	2020 YTD	% Chg
Accent	1,071	972	10%	18,770	14,416	30%
Elantra	4,676	8,095	-42%	119,229	94,626	26%
Ioniq	1,347	1,090	24%	18,524	11,531	61%
Kona	5,402	8,551	-37%	84,770	67,904	25%
Nexo	48	20	140%	393	195	102%
Palisade	6,314	6,436	-2%	79,657	74,538	7%
Santa Cruz	2,201	0	---	7,042	0	---
Santa Fe	6,677	8,765	-24%	103,373	88,257	17%
Sonata	3,607	8,242	-56%	89,628	68,938	30%
Tucson	11,325	9,739	16%	137,107	111,776	23%
Veloster	83	296	-72%	2,041	7,324	-72%
Venue	1,594	2,965	-46%	26,207	16,486	59%

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.

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

 

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SOURCE Hyundai Motor America

FAQ

What were Hyundai's November 2021 sales figures for stock symbol HYMTF?

Hyundai reported total sales of 44,345 units for November 2021, a 20% decrease compared to November 2020.

How did eco-friendly vehicle sales perform in November 2021 for HYMTF?

Eco-friendly vehicle sales for Hyundai increased by 165% in November 2021, with significant growth in Nexo and Ioniq.

What percentage of Hyundai's total sales in November 2021 were SUVs for HYMTF?

SUVs comprised 76% of Hyundai's total sales in November 2021.

What challenges did Hyundai face in November 2021 for HYMTF?

Hyundai experienced ongoing supply chain challenges impacting overall sales.

What is the change in retail sales for Hyundai in November 2021 for HYMTF?

Retail sales for Hyundai decreased by 4% compared to the previous month.