Hyundai: Strong Sales, Declining Fleet Featured

By Staff Writer January 10, 2020

Hyundai Motor America reported total December sales of 64,720 units, a slight 1 percent decrease in comparison with December 2018. The month was highlighted by strong demand for Palisade, a significant increase in Elantra sales and building sales volume for the all-new marquee 2020 Sonata. Hyundai again achieved sales growth while reducing its dependency on fleet sales, which were down 27 percent on the month.

For the year, Hyundai sold 688,771 vehicles, the best calendar year total sales since 2016. The total year sales results were a 3 percent volume increase, while retail sales were up 5 percent. Hyundai SUVs set an all-time annual record with 368,160 units sold, a 20 percent increase compared with 2018. SUV sales represented 53 percent of total sales, the highest SUV mix in Hyundai history, up from 46 percent last year. Santa Fe (up 9 percent), Ioniq (up 30 percent) and Kona (up 56 percent) all established new annual sales records.

Hyundai’s retail sales increased 9 percent in December.

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Last modified on Friday, 10 January 2020 14:53

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