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Hyundai Motor America Reports All-Time Record March and Q1 2024 Sales


FOUNTAIN VALLEY, Calif., April 2, 2024 /PRNewswire/ -- Hyundai Motor America reported record-breaking total March sales of 76,920 units, a 2% increase compared with March 2023. Hyundai set total sales records in March for IONIQ 5 (+58%), Tucson PHEV (+62%), Tucson HEV (+48%) and Palisade (+58%). Hyundai EV sales increased 100% and all eco-friendly vehicle sales combined hit 11,485 units, a 35% increase. Fleet volume was 11% of total sales.

Hyundai sold 184,804 units in Q1, for a total sales increase of 0.2% compared with Q1 2023, setting a new Q1 record. Hyundai set total and retail sales marks in Q1 for IONIQ 5, Tucson PHEV, Tucson HEV, Kona EV and Palisade. EV sales for the quarter jumped 62% compared to Q1 last year.

"Hyundai keeps producing products that win awards, and demand for our vehicles, especially EVs, remains high," said Randy Parker, CEO, Hyundai Motor America. "We saw the best Q1 total sales results influenced by Palisade, Kona and IONIQ. We're thrilled about the all-new Santa Fe, our successful NY Auto Show where IONIQ 5 N won World Performance Car of the Year and the introduction of the refreshed Tucson and Santa Cruz."

March Total Sales Summary


Mar-24

Mar-23

% Chg

2024 YTD
(Q1)

2023 YTD
(Q1)

% Chg

Hyundai

76,920

75,404

+2.0 %

184,804

184,449

+0.2 %

March Product and Corporate Activities

Model Total Sales

Vehicles

Mar-24

Mar-23

% Chg

2024 YTD
(Q1)

2023 YTD

(Q1)

% Chg

Elantra

11,528

13,447

-14 %

26,860

32,473

-17 %

Ioniq 5

3,361

2,114

+58 %

6,822

5,736

+18 %

Ioniq 6

1,984

222

+794 %

3,646

222

+1542 %

Kona

9,453

7,314

+29 %

23,054

19,220

+20 %

Nexo

17

21

-19 %

51

65

-22 %

Palisade

9,785

6,176

+58 %

25,255

19,602

+29 %

Santa Cruz

3,362

3,825

-12 %

8,417

9,307

-10 %

Santa Fe

10,834

13,236

-18 %

26,094

28,526

-9 %

Sonata

5,664

5,310

+7 %

13,164

14,490

-9 %

Tucson

18,394

20,111

-9 %

45,509

46,170

-1 %

Venue

2,538

3,625

-30 %

5,932

8,603

-31 %

Hyundai Motor America

Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company's Progress for Humanity vision. Hyundai has significant operations in the U.S., including its North American headquarters in California, the Hyundai Motor Manufacturing Alabama assembly plant, the all-new Hyundai Motor Group Metaplant America (in development in Georgia), and several cutting-edge R&D facilities. These operations, combined with those of Hyundai's 835 independent dealers, contribute $20.1 billion annually and 190,000 jobs to the U.S. economy, according to a recent economic impact report. For more information, visit http://www.hyundainews.com.

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

SOURCE Hyundai Motor America


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