Hyundai Motor America Reports Record-Breaking January 2023 Sales
Hyundai Motor America reported record-breaking January 2023 sales of 52,001 units, marking a 9% increase from January 2022. This is the third consecutive month of record total sales. The Elantra N achieved all-time best sales, while retail sales reached 48,247 units, a 1% year-over-year increase, setting a record for the sixth consecutive month. Eco-friendly vehicle sales rose by 17%, contributing 18% of the retail volume. Notable increases were seen in the Elantra HEV (+574%), IONIQ 5 (+57%), and Kona EV (+334%). Hyundai's strong dealer feedback at the NADA Show reflects the brand's growing confidence.
- Total sales of 52,001 units represent a 9% year-over-year increase.
- Elantra N had the best-ever retail and total sales month.
- Retail sales increased by 1% year-over-year, setting a record for six straight months.
- Sales of eco-friendly vehicles grew by 17%, constituting 18% of retail sales.
- Accent sales dropped by 97%, from 507 to 16 units.
- Nexo sales decreased by 43%, from 28 to 16 units.
- Santa Cruz sales fell by 7%, with a count of 2,614 units sold.
- Tucson sales decreased by 8% from the previous year, totaling 12,028 units.
- Total Sales Increased
9% ; Best January Ever - Retail Sales Up
1% ; Six Consecutive Months of Retail Sales Records - All-Time Best-Ever Record for Elantra N
FOUNTAIN VALLEY, Calif., Feb. 1, 2023 /PRNewswire/ -- Hyundai Motor America reported total January sales of 52,001 units, an
"Achieving year-over-year growth in retail and total sales, as well as a record-breaking January, highlights the company's commitment to delivering a great product lineup," said Randy Parker, CEO, Hyundai Motor America. "The positive feedback from our dealers during the 2023 NADA Show demonstrates Hyundai's strong standing in the industry and the level of trust and confidence dealers have in the brand."
January Retail Highlights
Hyundai's sold 48,247 retail units in January a
January Total Sales Summary
Jan-23 | Jan-22 | % Chg | 2022 | 2021 | % Chg | |
Hyundai | 52,001 | 47,872 | +9 % | 52,001 | 47,872 | +9 % |
January Product and Corporate Activities
- Hyundai Motor Group Executive Chair Euisun Chung Named MotorTrend Person of the Year: Hyundai Motor Group (the Group)'s Executive Chair, Euisun Chung, is the MotorTrend Person of the Year having secured the number one position in MotorTrend's esteemed 2023 Power List. The MotorTrend Power List ranks the 50 most influential people in the global automotive industry each year.
- Hyundai No. 1 Ranked Automaker in Customer Loyalty for the 14th Consecutive Year: Hyundai Motor America has been ranked first in customer loyalty in the automotive industry for the 14th consecutive year according to the Brand Keys Customer Loyalty Engagement Index.
- Hyundai Launches All-New Marketing Campaign for IONIQ 6: The campaign's theme, "It's Time to Go Electric," came to life in broadcast and social media commercials starring Kevin Bacon and his daughter Sosie Bacon. The first ad aired during professional football's conference championship games on Jan. 29.
- Hyundai Lands Five Vehicles on 2023 Best Value New Cars by Cars.com: Hyundai has earned five spots on the 2023 Best Value New Cars report by Cars.com. The Hyundai products awarded include 2023 Hyundai Kona SE, 2023 Hyundai Elantra SE, 2023 Hyundai Santa Cruz SE, 2023 Hyundai Kona EV SE and 2022 Hyundai Tucson PHEV SEL.
- Hyundai Leads Industry in U.S. News & World Report 2023 Best Cars for the Money Awards: Hyundai leads the industry with four models selected to the 2023 Best Cars for the Money awards from U.S. News & World Report: Hyundai Palisade Best 3-row SUV for the Money, Hyundai Elantra Hybrid named for its second time, Best Hybrid Car for the Money, and Hyundai Santa Fe, Best 2-row SUV for the Money, and Kona, Best Subcompact SUV for the Money, for a third time.
- The IONIQ 5 is Edmunds Top Rated Electric SUV of 2023: The Hyundai IONIQ 5 was named the Edmunds Top Rated Electric SUV of 2023. The Edmunds Top Rated Electric SUV category includes segments across all mainstream, luxury, super luxury and performance electric SUVs.
Model Total Sales
Vehicles | Jan-23 | Jan-22 | % Chg | 2022 | 2021 | % Chg |
Accent | 16 | 507 | -97 % | 16 | 507 | -97 % |
Elantra | 8,655 | 5,081 | +70 % | 8,655 | 5,081 | +70 % |
Ioniq 5 | 1,548 | 989 | +57 % | 1,548 | 989 | +57 % |
Kona | 5,826 | 4,892 | +19 % | 5,826 | 4,892 | +19 % |
Nexo | 16 | 28 | -43 % | 16 | 28 | -43 % |
Palisade | 6,684 | 6,334 | +6 % | 6,684 | 6,334 | +6 % |
Santa Cruz | 2,614 | 2,820 | -7 % | 2,614 | 2,820 | -7 % |
Santa Fe | 7,297 | 7,354 | -1 % | 7,297 | 7,354 | -1 % |
Sonata | 4,873 | 2,991 | +63 % | 4,873 | 2,991 | +63 % |
Tucson | 12,028 | 13,085 | -8 % | 12,028 | 13,085 | -8 % |
Veloster | 3 | 86 | -97 % | 3 | 86 | -97 % |
Venue | 2,441 | 2,290 | +7 % | 2,441 | 2,290 | +7 % |
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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