Hyundai Motor America Reports June and Q2 2024 Sales

    --  Total sales up 2.2% in Q2; First half total sales increase 1.2%
    --  Best June for IONIQ 5, Tucson HEV, Santa Fe HEV, Palisade, Elantra HEV
        and Elantra N
    --  Hybrid total sales jump 39% in June
    --  YTD EV total sales climb 33%

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       %      Q2     Q2       %     2024     2023 %
                             Chg       2024    2023   Chg      YTD       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

    --  Hyundai Metaplant Announces 2025 Hyundai IONIQ 5 As First Production
        Vehicle: Hyundai Motor Group Metaplant America (HMGMA) officially
        announced that the first production vehicle to be produced there will be
        the 2025 Hyundai IONIQ 5.
    --  J.D. Power 2024 U.S. Initial Quality Study Ranks Hyundai Santa Cruz Top
        in Segment: The J.D. Power 2024 U.S. Initial Quality Study (IQS)(sm
        )ranked the Hyundai Santa Cruz as America's Best Midsize Pickup in
        initial quality, while the brand finished third among mass-market
        automakers.
    --  Hyundai Ranks Highest in J.D. Power 2024 U.S. OEM EV Mobile App Report:
        Hyundai's MyHyundai with Bluelink app has been awarded the top spot
        among mass-market automakers' EV mobile applications in the J.D. Power
        2024 U.S. OEM EV App Report.
    --  Hyundai Awarded 'OEM of the Year' by WardsAuto: Hyundai Motor America
        was named 'OEM of the Year' by WardsAuto at the AutoTech Detroit
        Conference in Novi, Mich. This is the second time Hyundai has been
        awarded the top honor by the organization.
    --  Hyundai Wins Two Favorite Vehicle Awards From Midwest Automotive Media
        Association: Hyundai led with two favorite vehicle awards at the Midwest
        Automotive Media Associations' (MAMA) recent Spring Rally in Elkhart
        Lake, WI. The award-winning, all-electric 2025 IONIQ 5 N was named
        Favorite Performance Vehicle, and the Hyundai Santa Fe was named
        Favorite Family Vehicle by MAMA's attending 100 media members.
    --  IONIQ 5 N Sets Benchmark for Crossover EVs at Pikes Peak International
        Hill Climb: IONIQ 5 N models successfully completed the Broadmoor Pikes
        Peak International Hill Climb (PPIHC) on June 23, setting a record for
        the Electric Modified and Production SUV/Crossover categories.
    --  Hyundai and Lurie Children's Host Car Seat Safety Check Event: Hyundai
        Motor America and Ann & Robert H. Lurie Children's Hospital of Chicago
        hosted its third child safety seat check at this year's Move for Kids
        walk and rally for patients, families, and neighbors at Busse Woods
        Forest Preserve in Elk Grove Village, Illinois.
    --  Hyundai Notches First IMSA Victory of 2024 at Mid-Ohio: Hyundai has
        followed a streak of impressive podium finishes by securing the
        manufacturer's first win of the 2024 IMSA Michelin Pilot Championship
        (IMPC) season, with the No. 76 Elantra N TCR taking the checkered flag
        in Sunday's O'Reilly Auto Parts Four Hours of Mid-Ohio.
    --  Hyundai Elantra N TCR victorious for fourth straight Nürburgring 24
        Hours: The Hyundai Elantra N TCR of Mason Filippi, Harry Gottsacker,
        Bryson Morris and Mark Wilkins, representing Team Americas has won the
        TCR class of the 2024 Nürburgring 24 Hours, giving Hyundai victory for
        the fourth consecutive year at the race.

Model Total Sales

     Vehicles Jun-24 Jun-23        %     Q2    Q2        %     2024      2023     % Chg
                             Chg       2024   2023   Chg        YTD     YTD


     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.

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SOURCE Hyundai Motor America