Hyundai Motor America Reports October 2019 Sales

-- Total Sales Increase 8%

-- Retail Sales Up a Significant 12%

-- New October SUV Sales Record Established

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Nov 01, 2019, 09:00 ET

FOUNTAIN VALLEY, Calif., Nov. 1, 2019 /PRNewswire/ -- Hyundai Motor America reported October sales of 57,094 units, an 8% increase in comparison with October 2018. The October sales result is the 14^th time in the last 15 months with increasing overall Hyundai vehicle sales.

Sales Summary

	Oct-19	Oct-18	2019 YTD	2018 YTD
Hyundai	57,094	52,653	563,450	545,445

Retail Highlights

Hyundai's retail sales increased a significant 12% in October, again driven by a standout sales performance from its SUV lineup. Retail gains were led by Santa Fe (up 26%), Tucson (up 16%), and Kona (up 27%), while Palisade sold 4,346 retail units, a 26% increase compared with last month, September 2019. In total, retail SUV sales finished at 28,547 units, the best ever October total, representing a 60% mix of retail volume compared with 50% mix in October 2018. This was also the fourth consecutive month exceeding 60% SUV retail mix as Hyundai becomes in closer alignment with the industry. Hyundai's broad eco-friendly lineup also performed well with total green vehicle sales up 64%, including Ioniq retail sales jumping 36% and Sonata HEV and PHEV up a combined 42%.

Total Volume Highlights

Hyundai SUVs set their all-time October total sales record, selling 32,140 units and growing 36% compared with October 2018. Kona sales increased by 27% setting an October record and Santa Fe grew 42%. The SUV performance represented 56% of total Hyundai sales compared with 45% in October of last year.

Hyundai's eco-friendly vehicles continue to perform well with total sales of all alternative-fueled vehicles increasing by 153%, including Ioniq growing 147% and setting a new October record. Additionally, Hyundai continues to reduce its dependency on fleet sales, which were down 8% on the month and represented 16% of total sales.

"We are off to a quick start to the fourth quarter of 2019 and we anticipate another month with increasing Hyundai market share," said Randy Parker, vice president, National Sales, Hyundai Motor America. "We are coming off an extremely productive Hyundai national dealer meeting and are committed with our retailer partners to continuing to enhance our performance with dynamic product, appropriate incentives and inventory management that will accelerate the momentum that we are building."

October Product and Corporate Activities

National Hydrogen Day: Hyundai celebrated National Hydrogen Day by acknowledging its owners who have accumulated 8.4 million emission free miles in the NEXO and Tucson Fuel Cell vehicles.
BotRide Launch: Hyundai, in collaboration with Pony.ai and Via, unveiled BotRide, a shared, on-demand, autonomous Kona Electric vehicle service operating in Irvine, California.
IMSA TCR Championship: Mark Wilkins and Michael Lewis, drivers of the #98 Hyundai Veloster N TCR Race Car clinched the 2019 IMSA Michelin Pilot Challenge Drivers' Championship, while Bryan Herta Autosport secured the Team Title and Hyundai finished a close second in the Manufacturers' Championship.
SEMA: In preparation for the SEMA Show, Hyundai began releasing information on its SEMA build cars, including a Veloster N Performance Concept Vehicle, the Veloster Grappler Concept, and NEXO and Sonata Hybrid Concepts that set land speed records.
Hyundai Fill it Forward Challenge: At three California universities, Hyundai is spreading awareness about water sustainability and its eco-friendly vehicle offerings through a newly launched marketing campaign.
New Chief Marketing Officer: Hyundai named Angela Zepeda its new chief marketing officer, who joined Hyundai from its advertising agency, INNOCEAN USA.

Model Sales

Vehicle	Oct-19	Oct-18	2019 YTD	2018 YTD
Accent	1,706	1,483	21,721	23,303
Elantra	13,583	18,312	139,052	167,191
Ioniq	2,769	1,121	16,915	12,727
Kona	5,514	4,330	60,652	32,795
Nexo	17	0	214	36*
Palisade	4,357	0	17,814	0
Santa Fe	10,964	7,728	107,283	96,697
Sonata	6,062	7,265	74,430	88,240
Tucson	11,288	11,493	114,149	114,971
Veloster	834	921	11,220	8,857

*Includes Tucson Fuel Cell sales

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 830 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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