Hyundai Motor America Reports Record August 2024 Sales
London, September 04, 2024, (Oilandgaspress) ––Hyundai Motor America reported record total August sales of 79,278 units, a 22% increase compared with August 2023. Hyundai set total sales records in August for IONIQ 5 (+33%), Santa Fe HEV (+120%), Tucson (+14%), Tucson PHEV (+6%) Tucson HEV (+97%) and Palisade (+84%).
Hyundai’s eco-friendly retail sales were up 49% in August, representing 25% of retail. Hybrid-only retail sales jumped 81% and retail EV sales climbed 27% with the IONIQ 5 increasing 74%. Retail sales for Tucson ICE (+36%), Tucson HEV (+113%) and Palisade (+65%) also performed exceptionally well. Fleet sales for the month were 7% of total sales.
“This was a record-setting August for Hyundai in total and retail sales,” said Randy Parker, CEO, Hyundai Motor America. “Our entire line-up performed very well but our retail hybrid product mix led the pack with a year-over-year increase of 81%. Kudos to our retail partners who were moving inventory at record pace this month.”
Model Total Sales
| Vehicles | Aug-24 | Aug-23 | % Chg | 2024 YTD | 2023 YTD | % Chg |
| Elantra | 14,379 | 11,262 | +28% | 90,432 | 97,898 | -8% |
| Ioniq 5 | 4,838 | 3,572 | +35% | 26,982 | 21,348 | +26% |
| Ioniq 6 | 808 | 1,663 | -51% | 8,498 | 6,653 | +28% |
| Kona | 6,112 | 5,777 | +6% | 59,364 | 49,825 | +19% |
| Nexo | 8 | 18 | -56% | 87 | 157 | -45% |
| Palisade | 11,208 | 6,107 | +84% | 73,590 | 51,306 | +43% |
| Santa Cruz | 2,486 | 3,079 | -19% | 23,046 | 26,032 | -11% |
| Santa Fe | 10,152 | 11,732 | -13% | 75,763 | 83,486 | -9% |
| Sonata | 5,953 | 3,397 | +75% | 42,855 | 33,940 | +26% |
| Tucson | 20,864 | 16,242 | +28% | 129,145 | 134,367 | -4% |
| Venue | 2,470 | 2,197 | +12% | 18,241 | 21,137 | -14% |
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