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Hyundai Motor America Reports Record-Breaking December, Q4 and 2023 Sales

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Hyundai Motor America reported total December sales of 75,164 units, a 4% increase compared with December 2022 and the highest December sales total in company history. This is the 17th month in a row Hyundai has achieved gains in total sales.

Hyundai set total sales records in December for IONIQ 5 (+90%), Santa Fe PHEV (+3205%), Santa Fe HEV (+74%), Tucson (+8%), Tucson PHEV (+8455%) and Palisade (+95%). Total monthly sales records were set for Tucson PHEV, Santa Fe PHEV, and Palisade.

Q4 and 2023 Year-End Sales
In Q4, Hyundai sold 206,048 vehicles, a Q4 total sales record and an increase of 5% compared with Q4 2022. Eco-friendly vehicle retail sales for Q4 grew 37% compared with Q4 2022.

For the year, Hyundai sold 801,195 vehicles, an 11% increase compared with 2022 and the highest total sales ever for the Hyundai brand. Amongst several model records, Tucson established a new yearly sales record, selling over 200,000 vehicles for the first time.

2023 was also a record year for retail sales, increasing 1% compared with 2022, and it was the third consecutive year that set a new retail sales record. Hyundai fleet sales were 10.9% of the total volume during the year.

December Total Sales Summary
Dec-23
Dec-22
% Chg
Q4
2023
Q4
2022
% Chg
2023
YTD
2022
YTD
% Chg
Hyundai
75,164 72,058 +4% 206,048 195,967 +5% 801,195 724,265 +11%
December Product and Corporate Activities
  • 2024 Elantra and Tucson Awarded TOP SAFETY PICK+ by the Insurance Institute for Highway Safety: Hyundai’s 2024 Elantra and Tucson have each received TOP SAFETY PICK+ (TSP+) awards from the Insurance Institute for Highway Safety (IIHS), the organization’s top honour.
  • IONIQ 5 Wins Spot on Car and Driver’s 10Best Trucks and SUVs List for the Second Year in a Row: The Hyundai IONIQ 5 was awarded a coveted spot on Car and Driver’s 10Best list for the second year in a row. The publication’s 10Best list annually recognizes 2024’s best trucks, sport-utility vehicles (SUVs) and crossover vehicles.
  • IONIQ 6 Named The Drive’s Best EV of 2023: The Hyundai IONIQ 6 has been named The Best EV of 2023 for its compelling mix of performance, practicality, and accessibility. The Drive’s editors praised the IONIQ 6’s sporty driving feel, spacious interior, and overall refinement. This is the second year for The Drive Awards, in which the brand presents its signature golden slash to the best new vehicles tested over the last year.
  • IONIQ 5 and Kona Win 2024 Kelley Blue Book Best Buy Awards: The Hyundai IONIQ 5 and Kona have been honoured with a pair of prestigious 2024 Kelley Blue Book Best Buy Awards. The IONIQ 5 won the Electric Vehicle category for a second year, and the Kona claimed the Subcompact SUV Award category.
  • IONIQ 6 Tops Edmunds Quickest EV Charging Test: Hyundai’s IONIQ 6 Limited Rear Wheel Drive (RWD) model is the fastest-charging electric vehicle on the market, according to a new test from Edmunds. IONIQ 6 topped a field of 43 popular electric cars in the Edmunds EV Charging Test, a rigorous new trial designed to compare EV charging speeds.
  • Hyundai Vehicles Named to Consumer Guide’s® 2024 Best Buy Awards: Hyundai is proud to announce that the award-winning Venue, IONIQ 5 and Palisade have won Consumer Guide® 2024 Best Buy Awards – the second year in a row for Venue and IONIQ 5.
  • Fatherly Names IONIQ 6 One of Its Top 10 Family Cars of the Year for 2023: The Hyundai IONIQ 6 has been named one of Fatherly’s ‘Top 10 Family Cars of the Year’ for 2023. The all-electric vehicle received praise from the publication for its Insurance Institute for Highway Safety TOP SAFETY PICK+ rating, impressive EPA-estimated range of up to 361 miles, remarkable driving performance, spacious rear seat room, incredible value, and family-friendly nature.
Model Total Sales
Vehicles
Dec-23
Dec-22
% Chg
Q4
2023
Q4
2022
% Chg
2023
YTD
2022
YTD
% Chg
Accent 0 154 0% 0 2,524 0% 31 17,823 -100%
Elantra 8,577 11,743 -27% 26,846 31,313 -14% 134,149 117,177 +14%
IIONIQ 0 0 0% 0 3 0% 0 3,672 0%
IIONIQ 5 3,261 1,720 +90% 8,612 4,490 +92% 33,918 22,982 +48%
IIONIQ 6 2,056 0 0% 4,681 0 0% 12,999 0 0%
Kona 7,680 6,972 +10% 22,598 18,314 +23% 79,116 63,994 +24%
Nexo 25 25 0% 68 63 +8% 241 408 -41%
Palisade 14,396 7,394 +95% 30,652 18,932 +62% 89,509 82,688 +8%
Santa Cruz 2,641 3,487 -24% 7,592 9,677 -22% 36,675 36,480 +1%
Santa Fe 12,215 11,699 +4% 35,412 33,460 +6% 131,574 119,589 +10%
Sonata 3,222 6,881 -53% 8,003 19,893 -60% 45,344 55,131 -18%
Tucson 19,424 18,557 +5% 56,444 49,682 +14% 209,624 175,307 +20%
Veloster 0 19 0% 0 127 0% 6 1,920 -100%
Venue 1,667 3,407 -51% 5,140 7,489 -31% 28,009 27,094 +3%

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