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Hyundai Motor America Reports June and Q2 2024 Sales


FOUNTAIN VALLEY, Calif., July 2, 2024 /PRNewswire/ -- Hyundai Motor America reported total June sales of 67,631 units, a 2.5% decrease compared with June 2023. Hyundai set total sales records in June for Elantra HEV (+1%), Elantra N (+19%), IONIQ 5 (+17%), Santa Fe HEV (+90%), Tucson HEV (+28%) and Palisade (+57%). Hyundai's total hybrid sales were up 39% in June while Green sales represented 26% of retail.

Q2 and First Half Highlights

Hyundai sold 214,719 units in Q2, for a total sales increase of 2.2% compared with Q2 2023. Hyundai set total and retail sales marks in Q2 for IONIQ 5, IONIQ 6, Santa Fe HEV, Tucson HEV and Palisade. HEV sales for the quarter rose 42% compared to Q2 last year while pure EV total sales climbed 15%.

Hyundai sold 399,523 total units in the first half of 2024 a 1.2% increase compared to the first half of 2023. Hyundai Green sales saw an increase of 24% year-over-year. SUVs represented 75% of the retail mix.

"Once again in the face of yet another industry crisis the Hyundai dealers showed their resiliency by closing Q2 with a 2.2% increase in total sales, resulting in a 1.2% increase for the first half of the year," said Randy Parker, CEO, Hyundai Motor America. "Hyundai's strong performance this quarter was driven by demand for IONIQ 5 along with Tucson and Santa Fe HEVs. Our focus remains on delivering a robust product mix and growing market share."

June Total Sales Summary


Jun-24

Jun-23

%
Chg

Q2
2024

Q2
2023

%
Chg

2024
YTD

2023
YTD

%
Chg

Hyundai

67,631

69,351

-2.5 %

214,719

210,164

+2.2 %

399,523

394,613

+1.2 %

June Product and Corporate Activities

Model Total Sales

Vehicles

Jun-24

Jun-23

%
Chg

Q2
2024

Q2
2023

%
Chg

2024
YTD

2023
YTD

% Chg

Elantra

12,016

13,424

-10 %

35,429

42,265

-16 %

62,289

74,738

-17 %

Ioniq 5

3,755

3,136

+20 %

11,906

7,905

+51 %

18,728

13,641

+37 %

Ioniq 6

914

1,162

-21 %

3,266

3,023

+8 %

6,912

3,245

+113 %

Kona

6,904

6,261

+10 %

23,485

18,705

+26 %

46,539

37,925

+23 %

Nexo

7

8

-13 %

26

40

-35 %

77

105

-27 %

Palisade

9,203

5,873

+57 %

28,492

19,845

+44 %

53,747

39,447

+36 %

Santa Cruz

2,969

3,627

-18 %

9,528

10,743

-11 %

17,945

20,050

-10 %

Santa Fe

9,803

11,624

-16 %

30,528

32,616

-6 %

56,622

61,142

-7 %

Sonata

5,935

3,834

+55 %

17,983

12,844

+40 %

31,147

27,334

+14 %

Tucson

13,581

17,707

-23 %

46,637

54,421

-14 %

92,146

100,591

-8 %

Venue

2,544

2,695

-6 %

7,439

7,756

-4 %

13,371

16,359

-18 %

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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