Hyundai Motor America Reports July 2020 Sales

-- July Total Sales Increased 1%; Retail Sales Were Up 4%

-- July SUV Retail Sales Grew 16%

-- Palisade Sets an All-Time Monthly Sales Record; Kona Establishes July Sales Record

-- Hyundai Has Gained More Retail Market Share Than Any Other Car Company in 2020

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Aug 03, 2020, 09:00 ET

FOUNTAIN VALLEY, Calif., Aug. 3, 2020 /PRNewswire/ -- Hyundai Motor America reported total July sales of 57,677 units, a 1% increase compared with July 2019. Retail sales grew 4%, the third consecutive month of increasing retail sales. Fleet sales were down 32% and represented 7% of total volume. During the first six months of 2020, Hyundai increased its retail market share nearly a full point, the biggest gain in the industry. That trend is expected to continue after July industry sales are analyzed.

Hyundai sold 53,555 retail units in July, with SUVs representing 67% of the total retail mix. Hyundai SUV retail sales grew 16%. Retail sales of the flagship SUV Palisade were up 87%, establishing a new overall and retail monthly sales record, surpassing the previous record set in June 2020. Retail sales were up across the Hyundai lineup: Santa Fe 9%, Kona 12%, Sonata 7% and Accent 7%.

July Sales Summary

	Jul-20	Jul-19	2020 YTD	2019 YTD
Hyundai	57,677	57,340	330,274	390,668

"Achieving an overall sales increase despite the ongoing pandemic is a tremendous accomplishment and speaks to the depth and quality of our product lineup and resiliency of our dealers," said Randy Parker, vice president, National Sales, Hyundai Motor America. "Our inventory levels are stable and customers are able to find the Hyundai vehicle that best suits their needs. Hyundai dealers have been outstanding partners in responding to the pandemic and helping put customers at ease. In a Hyundai survey of vehicle owners, 95% said adopting cleaning protocols is important and 87% of Hyundai owners surveyed that visited a dealership recognized Hyundai's Clean Assurance standards. There is still uncertainty in the economic conditions moving forward, but we will remain laser focused on the customer."

July Product and Corporate Activities

COVID-19 Testing Donations: Hyundai Hope On Wheels added to its COVID-19 support with a $100,000 donation to help open a drive-thru testing center in the Los Angeles neighborhood of Boyle Heights. To date, Hyundai Hope On Wheels has provided $4.4 million in support of 23 COVID-19 testing centers across the country and enabled more than 730,000 COVID-19 tests.
Hyundai Motor Manufacturing Alabama Donations: Hyundai's U.S. manufacturing facility donated 20,000 face masks and 400 acrylic face shields in Montgomery.
Hyundai Highways: In a five-part video series, Hyundai embarks on some of the most scenic drives in America in the 258-mile range, zero-emissions Kona Electric.
WardsAuto 10 Best User Experience: The well-equipped Sonata was named a 10 Best User Experience for its consumer-friendly driver-assist technologies.
2021 Palisade: An all-new, premium Calligraphy model is now available on the 2021 Palisade.
2021 Veloster N: The high-performance Veloster N now comes with an eight-speed wet dual-clutch transmission for the 2021 model year.

Model Sales

Vehicle	Jul-20	Jul-19	2020 YTD	2019 YTD
Accent	1,538	1,830	9,832	16,736
Elantra	9,283	11,579	57,733	96,550
Ioniq	1,826	2,891	7,264	10,490
Kona	7,077	6,377	37,844	43,466
Nexo	16	21	92	140
Palisade	8,404	4,464	44,859	4,847
Santa Fe	9,296	9,644	52,725	77,215
Sonata	6,834	6,976	37,123	54,108
Tucson	10,922	12,629	68,863	78,583
Veloster	861	929	5,148	8,533
Venue	1,620	0	8,791	0

Hyundai Motor America
At Hyundai Motor America, we believe everyone deserves better. From the way we design and build our cars to the way we treat the people who drive them, making things better is at the heart of everything we do. Hyundai's technology-rich product lineup of cars, SUVs and alternative-powered electric and fuel cell vehicles is backed by Hyundai Assurance—our promise to create a better experience for customers. Hyundai vehicles are sold and serviced through more than 820 dealerships nationwide and nearly half of those sold in the U.S. are built at Hyundai Motor Manufacturing Alabama. Hyundai Motor America is headquartered in Fountain Valley, California, and is a subsidiary of Hyundai Motor Company of Korea.

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SOURCE Hyundai Motor America