FOUNTAIN VALLEY, Calif., Jan. 4, 2023 /PRNewswire/ -- Hyundai Motor America reported total December sales of 72,058 units, a 40% increase compared with December 2021 and the highest December sales in Hyundai history. Retail sales were up 27% in December, marking the fifth consecutive month of record-setting retail sales. SUVs were 74% of retail sales with more than 47,800 units sold.
December saw the best-ever retail and total sales for Venue, Elantra HEV, Elantra N, IONIQ 5, Santa Fe HEV, Tucson HEV, Santa Cruz, Kona EV and Kona N. Eco-friendly vehicle retail sales grew 72% compared with December 2021.
"With a strong December performance, Hyundai achieved its fifth consecutive retail sales record month," said Randy Parker, CEO, Hyundai Motor America. "This was the best Q4 in retail and total sales for the company. Through the combined efforts of our dealers, regions and affiliates, Hyundai was able to accomplish an all-time retail sales record for the year and gain substantial market share."
Q4 Highlights
In Q4, Hyundai sold 195,967 units, a Q4 total sales record, and an increase of 29% compared with Q4 2021. Eco-friendly vehicle retail sales for Q4 grew 40% compared with Q4 2021. Growth in eco-friendly total sales were headlined by Elantra HEV (+431%), Santa Fe HEV (+85%), Tucson HEV (+38%), IONIQ 5 (+2835%) and KONA EV (+35%).
2022 Results
For the year, Hyundai sold 724,265 units, a slight 2% decrease compared with 2021. Hyundai outperformed the industry with forecasts predicting a drop of 8.4% in total sales when adjusted for selling days. Due to strong consumer demand, Hyundai established a new annual retail sales record with 708,217 units sold, a 2% increase over the previous high set in 2021. During the year, Hyundai fleet sales were among the lowest in the industry at 2.2% of total volume.
December, Q4 and Year-to-Date Total Sales Summary
Dec-22 | Dec-21 | % Chg | Q4 2022 | Q4 2021 | % Chg | 2022 YTD | 2021 YTD | % Chg | |
Hyundai | 72,058 | 51,340 | +40 % | 195,967 | 152,446 | +29 % | 724,265 | 738,081 | -2 % |
December Product and Corporate Activities
Model Total Sales
Vehicles | Dec-22 | Dec-21 | % Chg | Q4 2022 | Q4 2021 | % Chg | 2022 YTD | 2021 YTD | % Chg |
Accent | 154 | 844 | -82 % | 2,524 | 4,778 | -47 % | 17,823 | 19,614 | -9 % |
Elantra | 11,743 | 5,193 | +126 % | 31,313 | 18,316 | +71 % | 117,177 | 124,422 | -6 % |
Ioniq | 0 | 1,361 | 0 % | 3 | 4,329 | -100 % | 3,672 | 19,885 | -82 % |
Ioniq 5 | 1,720 | 153 | +1024 % | 4,490 | 153 | +2835 % | 22,982 | 153 | +14921 % |
Kona | 6,972 | 5,299 | +32 % | 18,314 | 19,141 | -4 % | 63,994 | 90,069 | -29 % |
Nexo | 25 | 37 | -32 % | 63 | 148 | -57 % | 408 | 430 | -5 % |
Palisade | 7,394 | 6,882 | +7 % | 18,932 | 21,866 | -13 % | 82,688 | 86,539 | -4 % |
Santa Cruz | 3,487 | 3,000 | +16 % | 9,677 | 7,049 | +37 % | 36,480 | 10,042 | +263 % |
Santa Fe | 11,699 | 8,698 | +35 % | 33,460 | 22,415 | +49 % | 119,589 | 112,071 | +7 % |
Sonata | 6,881 | 3,514 | +96 % | 19,893 | 12,682 | +57 % | 55,131 | 93,142 | -41 % |
Tucson | 18,557 | 13,842 | +34 % | 49,682 | 34,902 | +42 % | 175,307 | 150,949 | +16 % |
Veloster | 19 | 71 | -73 % | 127 | 372 | -66 % | 1,920 | 2,112 | -9 % |
Venue | 3,407 | 2,446 | +39 % | 7,489 | 6,295 | +19 % | 27,094 | 28,653 | -5 % |
Note: Electrified vehicles are hybrid, plug-in hybrid, battery electric and hydrogen fuel cell models.
Hyundai Motor America
Hyundai Motor America focuses on 'Progress for Humanity' and smart mobility solutions. Hyundai offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles. Our 830 dealers sold more than 724,000 vehicles in the U.S. in 2022, and nearly half were built at Hyundai Motor Manufacturing Alabama. For more information, visit www.HyundaiNews.com.
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SOURCE Hyundai Motor America
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