Hyundai Motor America Reports Record-Breaking February 2023 Sales
Hyundai Motor America reported record-breaking February 2023 sales of 57,044 units, a 9% increase from February 2022, marking the best February in its history. Retail sales also surged, with 52,932 units sold, a 1% year-over-year rise, achieving records for the seventh consecutive month. Notable performances included Elantra N and Santa Fe HEV, reaching all-time high sales. Key products like Kona EV saw a staggering 753% increase in sales. The company continues to focus on enhancing customer experience and expanding market share amid a diverse product lineup.
- Total sales increased by 9% year-over-year.
- February recorded best-ever sales for Elantra N and Santa Fe HEV.
- Kona EV sales skyrocketed by 753%.
- February retail sales marked seventh consecutive month of record growth.
- Accent sales plummeted by 98% compared to February 2022.
- Ioniq 5 sales declined by 19% year-over-year.
- Total Sales Increased
9% ; Best February Sales Ever - Retail Sales Up
1% ; Seven Consecutive Months of Retail Sales Records - All-Time Best-Ever Records for Elantra N and Santa Fe HEV
FOUNTAIN VALLEY, Calif., March 1, 2023 /PRNewswire/ -- Hyundai Motor America reported total February sales of 57,044 units, a
"For the past seven months, Hyundai and our retail partners have delivered record retail sales," said Randy Parker, CEO, Hyundai Motor America. "It's the result of our diverse product lineup, strong marketing efforts that drive showroom traffic and our dealers' attention to elevating the customer experience. We remain optimistic about continuing the success and increasing market share."
February Retail Highlights
Hyundai sold 52,932 retail units in February, a
February Total Sales Summary
Feb-23 | Feb-22 | % Chg | 2023 | 2022 | % Chg | |
Hyundai | 57,044 | 52,424 | +9 % | 109,045 | 100,296 | +9 % |
February Product and Corporate Activities
- Hyundai Introduces Free Anti-Theft Software Upgrade: In response to increasing thefts targeting its vehicles without push-button ignitions and immobilizing anti-theft devices in the United States, Hyundai has introduced a free anti-theft software upgrade to prevent the vehicles from starting during a method of theft popularized on TikTok and other social media channels.
- Hyundai Launches Bluelink+: Hyundai Motor America launched an industry-leading connected car services program called Bluelink+. All services included in the previous Bluelink Connected Care, Remote and Guidance subscription packages are now offered complimentary on a non-trial basis for new buyers with Bluelink+ which is launching with the new 2023 IONIQ 6. Bluelink+ will come on all future Bluelink-equipped Hyundai models starting with the 2024 model line-up.
- Hyundai IONIQ 5 Named 2023 Best Electric Vehicle by Cars.com: Hyundai's award-winning IONIQ 5 has been named the Best Electric Vehicle by Cars.com in its Best of 2023 Awards surpassing all 2023 EVs in the market that were tested by the company's editorial team of expert car reviewers.
- Hyundai Wins Eight 2023 Car and Driver Editor's Choice Awards: Hyundai received eight 2023 Car and Driver Editor's Choice awards for its Kona, Tucson, Santa Cruz, Santa Fe, Palisade, Elantra N, Sonata, and IONIQ 5 models.
- Hyundai Motor America Announces Pricing for 2023 IONIQ 6 EV: Hyundai Motor America revealed pricing, packaging and a 53-kWh battery pack option for its highly anticipated IONIQ 6 electric vehicle.
- Hyundai Announces Evolve+ EV Subscription Program: Hyundai Motor America in partnership with Hyundai Capital America announced its new Evolve+ electric vehicle subscription service at the 2023 Chicago Auto Show.
Model Total Sales
Vehicles | Feb-23 | Feb-22 | % Chg | 2023 | 2022 | % Chg |
Accent | 12 | 744 | -98 % | 28 | 1,251 | -98 % |
Elantra | 10,371 | 6,786 | +53 % | 19,026 | 11,867 | +60 % |
Ioniq 5 | 2,074 | 2,555 | -19 % | 3,622 | 3,544 | +2 % |
Kona | 6,080 | 4,591 | +32 % | 11,906 | 9,483 | +26 % |
Nexo | 28 | 25 | +12 % | 44 | 53 | -17 % |
Palisade | 6,742 | 7,408 | -9 % | 13,426 | 13,742 | -2 % |
Santa Cruz | 2,868 | 2,630 | +9 % | 5,482 | 5,450 | +1 % |
Santa Fe | 7,993 | 8,104 | -1 % | 15,290 | 15,458 | -1 % |
Sonata | 4,307 | 3,037 | +42 % | 9,180 | 6,028 | +52 % |
Tucson | 14,031 | 12,928 | +9 % | 26,059 | 26,013 | +0 % |
Veloster | 1 | 171 | -99 % | 4 | 257 | -98 % |
Venue | 2,537 | 2,176 | +17 % | 4,978 | 4,466 | +11 % |
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 830 dealers sold more than 724,000 vehicles in the U.S. in 2022, 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
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