Hyundai Motor America Reports Record-Breaking Retail July 2023 Sales

Rhea-AI Summary

Hyundai Motor America reported total July sales of 66,527 units, a 10% increase compared with July 2022. Best-ever total sales were set for Santa Cruz, Tucson, Tucson PHEV, Tucson HEV, Santa Fe HEV, and IONIQ 5. IONIQ 5 and Tucson PHEV also set all-time sales records. Hyundai fleet sales were 7% of the total volume for the month.

Positive

• Hyundai achieved its best July retail sales ever with 61,745 retail units, a 2% increase compared to July 2022.
• Hyundai set best-ever retail sales in July for Santa Cruz, Tucson, Tucson PHEV, Santa Fe HEV, and IONIQ 5.
• Hyundai Green sales represented 20% of retail volume and an increase of 49% year-over-year.
• July total sales increased by 10% compared to July 2022.
• IONIQ 5 sales increased by 109% in July compared to the previous year.
• Tucson PHEV sales increased by 44% in July compared to the previous year.
• Santa Fe HEV sales increased by 205% in July compared to the previous year.

Negative

• None.

• All-Time Monthly Retail Sales Records for July led by EV Vehicles
• BEV Sales Climb; Represent 10% of Retail Sales Up 98%
• July Total Sales Increased 10%; Best all-time month for IONIQ 5 and Tucson PHEV

FOUNTAIN VALLEY, Calif., Aug. 1, 2023 /PRNewswire/ -- Hyundai Motor America reported total July sales of 66,527 units, a 10% increase compared with July 2022. Hyundai set best-ever total sales in July for Santa Cruz (+4%), Tucson (+27%), Tucson PHEV (+44%), Tucson HEV (+1%), Santa Fe HEV (+205%) and IONIQ 5 (+109%). All-time sales records were set for IONIQ 5 and Tucson PHEV. Hyundai fleet sales were 7% of the total volume for the month.

"Hyundai continues to wow customers with its eco-friendly product offerings including IONIQ 5, IONIQ 6 and our HEV and PHEV vehicles, said Randy Parker, CEO, Hyundai Motor America. "Our green car sales have risen substantially month-to-month thus far in 2023. We applaud our marketing and dealer programs for contributing to this success."

July Retail Highlights
Hyundai achieved its best July retail sales ever with 61,745 retail units, a 2% increase compared to July 2022. Hyundai set best-ever retail sales in July for Santa Cruz, Tucson, Tucson PHEV, Santa Fe HEV and IONIQ 5. Hyundai Green sales represented 20% of retail volume and an increase of 49% year-over-year. SUVs represented 74% of the retail mix.

July Total Sales Summary

	Jul-23	Jul-22	% Chg	2023 YTD	2022 YTD	% Chg
Hyundai	66,527	60,631	+10 %	461,140	404,498	+14 %

July Product and Corporate Activities

• Automakers Unite to Create Charging Network Across North America: Seven major global automakers – BMW Group, General Motors, Honda, Hyundai, Kia, MercedesBenz Group, Stellantis NV – will create an unprecedented new charging network joint venture that will significantly expand access to high-powered charging in North America.
• All-New Santa Fe Boasts Bold New Design: Hyundai Motor Company revealed its radically transformed all-new Santa Fe. The fifth-generation midsize SUV carries forward its signature nature-meets-city appeal while implementing major updates shaped by big data around the latest outdoor lifestyle trends.
• Hyundai Motor's IONIQ 5 N Debuts at Goodwood Festival of Speed: Hyundai Motor Company's IONIQ 5 N — N brand's first high-performance, all-electric model — made its world premiere today at the Goodwood Festival of Speed in West Sussex, England.
• Hyundai 2024 Model Year Changes: Summary of changes to the Hyundai new vehicle lineup for 2024 model year.
• Hyundai Held Mobile Service Center in Washington, D.C.: Hyundai worked with DC Mayor Bowser and acting Police Chief Smith to provide Free Anti-theft Software Upgrade to residents in response to persistent thefts targeting certain Hyundai vehicles without push-button ignitions and immobilizing anti-theft devices.

Model Total Sales

Vehicles	Jul-23	Jul-22	% Chg	2023 YTD	2022 YTD	% Chg
Accent	1	3,910	-100 %	31	11,340	-100 %
Elantra	11,898	12,021	-1 %	86,636	60,865	+42 %
Ioniq	0	6	0 %	0	3,668	0 %
Ioniq 5	4,135	1,978	+109 %	17,776	15,670	+13 %
Ioniq 6	1,745	0	0 %	4,990	0	0 %
Kona	6,123	4,253	+44 %	44,048	37,040	+19 %
Nexo	34	29	+17 %	139	300	-54 %
Palisade	5,752	5,121	+12 %	45,199	48,758	-7 %
Santa Cruz	2,903	2,801	+4 %	22,953	21,004	+9 %
Santa Fe	10,612	9,532	+11 %	71,754	67,427	+6 %
Sonata	3,209	4,633	-31 %	30,543	24,228	+26 %
Tucson	17,534	14,278	+23 %	118,125	98,349	+20 %
Veloster	0	174	0 %	6	1,303	-100 %
Venue	2,581	1,895	+36 %	18,940	14,546	+30 %

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.

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

 

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SOURCE Hyundai Motor America

FAQ

What were Hyundai's total July sales?

Hyundai reported total July sales of 66,527 units, a 10% increase compared with July 2022.

Which models set all-time sales records in July?

IONIQ 5 and Tucson PHEV set all-time sales records in July.

What percentage of Hyundai's retail volume did Hyundai Green sales represent in July?

Hyundai Green sales represented 20% of retail volume in July.

How much did Santa Fe HEV sales increase in July compared to the previous year?

Santa Fe HEV sales increased by 205% in July compared to the previous year.

What was the percentage increase in IONIQ 5 sales in July compared to the previous year?

IONIQ 5 sales increased by 109% in July compared to the previous year.