Hyundai Motor America Reports Record-Breaking 2023 Sales
London, 04 January 2024, (Oilandgaspress): – Hyundai Motor America reported total December sales of 75,164 units, a 4% increase compared with December 2022 and the highest December sales total in company history. This is the 17th month in a row Hyundai has achieved increases in total sales. Hyundai set total sales records in December for IONIQ 5 (+90%), Santa Fe PHEV (+3205%), Santa Fe HEV (+74%), Tucson (+8%), Tucson PHEV (+8455%) and Palisade (+95%). All-time total sales monthly records were set for Tucson PHEV, Santa Fe PHEV and Palisade.
“We finished 2023 with record-breaking total and retail sales and continued a trend initiated almost two years ago by consistently increasing monthly total sales in response to the surge in consumer demand for our products,” said Randy Parker, CEO, Hyundai Motor America. “2023 was also our third consecutive year of record-breaking retail sales. This unprecedented year also saw a stream of accolades for our products, a testament to our commitment to delivering exceptional vehicles. We remain dedicated to our customers and, in collaboration with our retail partners, look forward to 2024.”
Q4 and 2023 Year-End Sales
In Q4, Hyundai sold 206,048 vehicles, a Q4 total sales record, and an increase of 5% compared with Q4 2022. Eco-friendly vehicle retail sales for Q4 grew 37% compared with Q4 2022.
For the year, Hyundai sold 801,195 vehicles, an 11% increase compared with 2022 and the highest total sales ever for the Hyundai brand. Amongst several model records, Tucson established a new yearly sales record, selling over 200,000 vehicles for the first time ever. 2023 was also a record year for retail sales, increasing 1% compared with 2022 and the third consecutive year setting a new retail sales record. During the year, Hyundai fleet sales were 10.9% of total volume.
Model Total Sales
| Vehicles | Dec-23 | Dec-22 | % Chg | Q4 2023 | Q4 2022 | % Chg | 2023 YTD | 2022 YTD | % Chg |
| Accent | 0 | 154 | 0% | 0 | 2,524 | 0% | 31 | 17,823 | -100% |
| Elantra | 8,577 | 11,743 | -27% | 26,846 | 31,313 | -14% | 134,149 | 117,177 | +14% |
| Ioniq | 0 | 0 | 0% | 0 | 3 | 0% | 0 | 3,672 | 0% |
| Ioniq 5 | 3,261 | 1,720 | +90% | 8,612 | 4,490 | +92% | 33,918 | 22,982 | +48% |
| Ioniq 6 | 2,056 | 0 | 0% | 4,681 | 0 | 0% | 12,999 | 0 | 0% |
| Kona | 7,680 | 6,972 | +10% | 22,598 | 18,314 | +23% | 79,116 | 63,994 | +24% |
| Nexo | 25 | 25 | 0% | 68 | 63 | +8% | 241 | 408 | -41% |
| Palisade | 14,396 | 7,394 | +95% | 30,652 | 18,932 | +62% | 89,509 | 82,688 | +8% |
| Santa Cruz | 2,641 | 3,487 | -24% | 7,592 | 9,677 | -22% | 36,675 | 36,480 | +1% |
| Santa Fe | 12,215 | 11,699 | +4% | 35,412 | 33,460 | +6% | 131,574 | 119,589 | +10% |
| Sonata | 3,222 | 6,881 | -53% | 8,003 | 19,893 | -60% | 45,344 | 55,131 | -18% |
| Tucson | 19,424 | 18,557 | +5% | 56,444 | 49,682 | +14% | 209,624 | 175,307 | +20% |
| Veloster | 0 | 19 | 0% | 0 | 127 | 0% | 6 | 1,920 | -100% |
| Venue | 1,667 | 3,407 | -51% | 5,140 | 7,489 | -31% | 28,009 | 27,094 | +3% |
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