Hyundai Motor America Reports Record October 2024 Sales
London, November 01, 2024, (Oilandgaspress) –––Hyundai Motor America reported record-breaking total October sales of 71,802 units, an 18% increase compared with October 2023. Hyundai set total sales records in October for Elantra N (+373%), Santa Fe HEV (+136%), Tucson (+5%), Tucson HEV (+140%), IONIQ 5 (+51%) and Palisade (+27%). Hybrid vehicle total sales jumped 91%. October was the best-ever month for Tucson HEV in total and retail sales. Retail sales for October 2024 set new records climbing 15%.
“Hyundai has set a total sales record in the month of October for the third consecutive year,” said Randy Parker, CEO of Hyundai Motor America. “The Santa Fe HEV, Tucson HEV, and IONIQ 5 led the way, showcasing strong demand for our electrified vehicles that offer cutting-edge technology and exceptional design.”
October Total Sales Summary
| Oct-24 | Oct-23 | % Chg | 2024 YTD | 2023 YTD | % Chg | |
| Hyundai | 71,802 | 60,805 | +18% | 682,296 | 655,952 | +4% |
October Product and Corporate Activities
Hyundai Presents First Look at IONIQ 9, Embarking on a New Era of Spacious EV Design: Hyundai Motor Company released the teaser images of its eagerly awaited IONIQ 9, a three-row, all-electric SUV that will mark a new milestone in the brand’s unwavering commitment to electrification.
Hyundai Reveals Bold and Efficient Hydrogen FCEV Concept Previewing New Design Language: Hyundai Motor Company unveiled its INITIUM hydrogen fuel cell electric vehicle (FCEV) concept at its ‘Clearly Committed’ event held at Hyundai Motorstudio Goyang. INITIUM is a Latin word meaning ‘beginning’ or ‘first’, representing Hyundai Motor’s status as a hydrogen energy pioneer and its commitment to develop a hydrogen society.
Hyundai Most Awarded Automaker in Cars.com’s 2025 Top Pick EV Awards: Hyundai’s IONIQ electric vehicles have each been awarded 2025 Top Picks by Cars.com as part of their updated EV Buying Guide. The 2025 IONIQ 6 was named the Top Pick, Electric Car and Top Pick, Value EV, while the 2025 IONIQ 5 was named Top Pick, 2-Row Electric SUV.
Hyundai and Waymo Enter Multi-Year, Strategic Partnership: Hyundai Motor Company and Waymo have entered into a multi-year, strategic partnership. In the first phase of this partnership, the companies will integrate Waymo’s sixth-generation fully autonomous technology – the Waymo Driver – into Hyundai’s all-electric IONIQ 5 SUV, which will be added to the Waymo One fleet over time.
Hyundai President and Global COO José Muñoz Named a Visionary Leader in Reuters Events 2024 Automotive D.R.I.V.E Honours: President and global chief operating officer, Hyundai Motor Company, and president and CEO of Hyundai and Genesis Motor North America, José Muñoz was named a Visionary Leader in the Reuters Events 2024 Automotive D.R.I.V.E. Honours.
Automotive News Names Randy Parker a 2024 Champion of Diversity: Randy Parker, CEO of Hyundai Motor America, has been recognized by Automotive News as a 2024 Champion of Diversity.
Hyundai Clinches Fifth-Consecutive Manufacturers’ Championship with 1-2 Finish at Fox Factory 120: Hyundai earned its fifth-consecutive IMSA Michelin Pilot Championship (IMPC) Manufacturers’ Championship after a dominating performance in the Fox Factory 120 at Road Atlanta.
Hyundai Releases Teen Driver Safety Week Social Series Starring Actress Julie Bowen: To highlight Teen Driver Safety Week, Hyundai partnered with actress Julie Bowen on a social content series on TikTok, Instagram and YouTube. The multi-part series with Hyundai, Julie, and her driving-age sons promotes safe driving, while also tackling concerns felt by both new drivers and their parents.
Hyundai and Toyota Motor Corporation Drive Motorsport Culture at ‘Hyundai N x TOYOTA GAZOO Racing Festival’: Hyundai Motor Company and Toyota Motor Corporation have successfully teamed up to host the first-ever ‘Hyundai N x TOYOTA GAZOO Racing Festival’ at Yongin Speedway in Korea.
Hyundai Issues Hurricane Relief and Support for Impacted Communities in the U.S.: Hyundai Motor America and Genesis Motor America, along with its manufacturing facilities, Hyundai Motor Group Metaplant America in Georgia, and Hyundai Motor Manufacturing Alabama, announced a multifaceted hurricane relief program.
Model Total Sales
| Vehicles | Oct-24 | Oct-23 | % Chg | 2024 YTD | 2023 YTD | % Chg |
| Elantra | 12,151 | 9,456 | +29% | 113,769 | 116,759 | -3% |
| Ioniq 5 | 4,498 | 2,979 | +51% | 34,816 | 28,285 | +23% |
| Ioniq 6 | 837 | 1,239 | -32% | 9,934 | 9,557 | +4% |
| Kona | 5,685 | 7,927 | -28% | 70,193 | 64,445 | +9% |
| Nexo | 4 | 23 | -83% | 93 | 196 | -53% |
| Palisade | 8,983 | 7,071 | +27% | 90,775 | 65,928 | +38% |
| Santa Cruz | 2,427 | 2,555 | -5% | 27,598 | 31,638 | -13% |
| Santa Fe | 9,644 | 9,700 | -1% | 93,325 | 105,862 | -12% |
| Sonata | 6,300 | 2,460 | +156% | 54,730 | 39,801 | +38% |
| Tucson | 19,829 | 15,638 | +27% | 165,776 | 168,818 | -2% |
| Venue | 1,444 | 1,757 | -18% | 21,287 | 24,626 | -14% |
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