Hyundai Motor America Reports October 2020 Sales

-- Total October Sales Were Up 1%

-- October Retail Sales Increased 10%

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Nov 03, 2020, 09:00 ET

FOUNTAIN VALLEY, Calif., Nov. 3, 2020 /PRNewswire/ -- Hyundai Motor America reported total October sales of 57,395 units, a 1% increase compared with October 2019. Retail sales were up 10%. Hyundai fleet sales were down 45% and represented 9% of total volume.

"October was the second straight month with double digit Hyundai retail sales growth as the automotive retail market continues to show resiliency," said Randy Parker, vice president, National Sales, Hyundai Motor America. "Our SUV products drove the majority of the growth, but our all-new Sonata achieved a 20% retail gain, a sign that the right sedan can still drive consumer demand. And our all-new Elantra will be joining it on dealer lots later this month."

Hyundai sold 52,117 retail units in October, with SUVs representing 68% of the total retail mix. Hyundai SUV retail sales grew 23%. Retail sales jumped across the Hyundai lineup with Sonata (+20%), Santa Fe (+11%), Kona (+32%), Palisade (+73%) and Nexo (+118%) all achieving year-over-year retail gains.

October Total Sales Summary

	Oct-20	Oct-19	2020 YTD	2019 YTD
Hyundai	57,395	57,094	500,820	563,450

October Product and Corporate Activities

Chairman of Hyundai Motor Group: Euisun Chung was inaugurated as the Chairman of Hyundai Motor Group, opening a new chapter in the company's history
All-New Elantra: Hyundai released pricing for the all-new Elantra that is arriving at dealerships later this month and is being supported by a creative national marketing campaign
Refreshed 2021 Santa Fe: Hyundai unveiled the 2021 Santa Fe SUV with a freshened design motif, advanced front and rear lighting signatures, new hybrid powertrain with all-wheel drive and extensive new driver safety and convenience features
Re:Style: Hyundai Motor Company launched Re:Style 2020, a creative approach to sustainable fashion in collaboration with leading artists in ecofriendly design
XCIENT Fuel Cell Commercial Truck: Hyundai Motor Company released more details on its plans for the XCIENT Fuel Cell, the world's first mass-produced fuel cell heavy-duty truck
Interbrand Ranking: Hyundai Motor Company ranked fifth among global automotive brands and 36th overall in Interbrand's Best Global Brands 2020 list

Model Total Sales

Vehicle	Oct-20	Oct-19	2020 YTD	2019 YTD
Accent	1,129	1,706	13,444	21,721
Elantra	11,428	13,583	86,531	139,052
Ioniq	1,202	2,769	10,441	16,915
Kona	6,540	5,514	59,353	60,652
Nexo	37	17	175	214
Palisade	7,519	4,357	68,102	17,814
Santa Fe	9,072	10,964	79,492	107,283
Sonata	7,570	6,062	60,696	74,430
Tucson	10,898	11,288	102,037	114,149
Veloster	443	834	7,028	11,220
Venue	1,557	0	13,521	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