Hyundai Motor America Reports Second-Best April Retail Sales in its History

Rhea-AI Summary

Hyundai Motor America announced a significant increase in retail sales, achieving 61,668 units sold in April 2022, marking its second-best April ever. Electrified vehicle sales surged by 68% year-over-year, driven by the IONIQ 5, which won multiple awards, including World Car of the Year. Notable records were set for the Elantra Hybrid, Santa Fe Hybrid, Palisade, and Nexo. However, total sales decreased by 20% compared to April 2021. The company also plans to produce the electrified Santa Fe Hybrid in Alabama, enhancing its commitment to electrification.

Positive

• Electrified vehicle sales increased by 68% year-over-year in April 2022.
• IONIQ 5 recognized with multiple awards, boosting brand reputation.
• Launch of production for electrified Santa Fe Hybrid in Alabama indicates commitment to electrification.

Negative

• Total retail sales decreased by 20% compared to April 2021.
• Year-to-date sales down 10% compared to 2021.

• Hyundai Electrified Vehicle Retail Sales Increased 68% in April Led by the World Car of the Year IONIQ 5 Electric SUV

FOUNTAIN VALLEY, Calif., May 3, 2022 /PRNewswire/ -- Hyundai Motor America reported April retail sales of 61,668 units, its second-best April retail sales month in its history. Electrified vehicle year-over-year retail sales increased 68% in April. Hyundai had no fleet sales in April 2022. Elantra Hybrid, Santa Fe Hybrid, Palisade and Nexo set new April records, while it was the best month ever for Santa Cruz.

"This was our second-best retail April ever as we worked overtime to meet robust consumer demand," said Randy Parker, senior vice president, national sales, Hyundai Motor America. "Even with the challenges facing our industry, we were able to exceed the pre-pandemic total and retail sales of April 2019. Even more, our World Car of the Year IONIQ 5 and robust lineup of hybrid and plug-in hybrid models led to significantly increased electrified vehicle sales."

April Total Sales Summary

	Apr-22	Apr-21	% Chg	2022 YTD	2021 YTD	% Chg
Hyundai	61,668	77,523	-20%	221,344	244,653	-10%

April Product and Corporate Activities

• IONIQ 5 Swept World Car of the Year: The IONIQ 5 was named overall World Car of the Year, World Electric Vehicle of the Year and World Car Design of the Year
• U.S. Electrified Vehicle Production: Hyundai announced plans to produce the electrified Santa Fe Hybrid at its Hyundai Motor Manufacturing plant in Alabama, the first U.S. production of an electrified Hyundai model
• Palisade Product Enhancement Reveal: Hyundai unveiled its significantly enhanced 2023 Palisade SUV in a global debut at the New York International Auto Show
• Newsweek Disruptors: Hyundai Motor Group's Executive Chair, Euisun Chung, was selected as the 'Visionary of the Year' by Newsweek and Hyundai was also awarded 'Research and Development Team of the Year' and 'Powertrain Evolution of the Year'
• Model Awards: The Santa Cruz Sport Adventure Vehicle was named Best Pickup Truck by the Northwest Automotive Press Association, while the Tucson was deemed the 2022 Best Compact SUV for Families by U.S. News & World Report
• Hyundai Hope: Hyundai Motor America continued its corporate social responsibility initiative, Hyundai Hope, with a $15,000 donation to the Food Bank for Monterey County
• Hyundai Hope On Wheels: Hyundai Hope On Wheels surpassed $200 million in funding to pediatric cancer research
• One Tree Planted: Hyundai donated $150,000 to help plant 150,000 trees across the U.S.

April Model Total Sales

Vehicles	Apr-22	Apr-21	% Chg	2022 YTD	2021 YTD	% Chg
Accent	1,372	2,711	-49%	4,069	6,983	-42%
Elantra	10,669	14,358	-26%	32,741	40,451	-19%
Ioniq	104	1,364	-92%	3,648	5,489	-34%
Ioniq 5	2,677	0	---	8,921	0	---
Kona	5,485	10,267	-47%	21,021	32,877	-36%
Nexo	47	18	+161%	213	96	+122%
Palisade	8,351	8,278	+1%	29,376	29,485	0%
Santa Cruz	3,150	0	---	11,550	0	---
Santa Fe	11,074	10,470	+6%	36,656	39,040	-6%
Sonata	2,062	10,216	-80%	9,806	30,773	-68%
Tucson	14,616	16,901	-14%	54,271	50,048	+8%
Veloster	279	322	-13%	741	1,009	-27%
Venue	1,782	2,618	-32%	8,331	8,402	-1%

Note: Electrified vehicles are hybrid, plug-in hybrid, battery electric and hydrogen fuel cell models.

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 738,000 vehicles in the U.S. in 2021, 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 retail sales figures for April 2022?

Hyundai reported retail sales of 61,668 units in April 2022.

How much did electrified vehicle sales increase in April 2022?

Electrified vehicle sales increased by 68% year-over-year in April 2022.

What awards did the IONIQ 5 win?

The IONIQ 5 won World Car of the Year, World Electric Vehicle of the Year, and World Car Design of the Year.

What is Hyundai's production plan for the electrified Santa Fe Hybrid?

Hyundai announced plans to produce the electrified Santa Fe Hybrid at its Alabama plant.

What was the percentage change in total sales for Hyundai in April 2022?

Total sales decreased by 20% compared to April 2021.