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August 2018: Hyundai Motor America


William Maley

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Hyundai Motor America Reports August 2018 Sales

  • Total Sales Up 6 Percent Year-Over-Year
  • Retail Sales Up 12 Percent Year-Over-Year
  • Best All-time August SUV and Tucson Sales
  • Total SUV Sales Up 30 Percent Compared with Last August

FOUNTAIN VALLEY, Calif., Sept. 4, 2018 – Hyundai Motor America reported August sales of Hyundai- and Genesis-branded vehicles of 57,542 units, a 6 percent increase in comparison with August 2017. Retail sales for the month were up 12 percent, while fleet deliveries were down 30 percent compared with last year and less than 10 percent of total volume.

Sales by Brand

 

Aug-18

Aug-17

2018 YTD

2017 YTD

Hyundai

56,929

52,507

435,852

441,385

Genesis

613

1,803

8,490

13,348

TOTAL

57,542

54,310

444,342

454,733

Hyundai Brand Highlights

Hyundai vehicles achieved an 8 percent gain backed by the best total August SUV and Tucson sales. Tucson set a monthly sales record for the 18th month in a row with a 19 percent improvement compared with last year. Kona sales exceeded 4,700 units and the all-new 2019 Santa Fe continues to arrive at dealers in larger numbers. The strong performance of Hyundai's SUV lineup led to total SUV sales of 27,678 units, a 30 percent increase year-over-year and the highest August SUV sales total in company history. On the car front, Elantra achieved its fourth straight month of sales growth with 15,475 units sold, a 2 percent increase.

"Hyundai's double digit retail sales increase is the result of our improving product mix, and the hard work of our dealer partners and sales and marketing teams," said John Angevine, director, National Sales, Hyundai Motor America. "It's a great sign that Hyundai is regaining its sales momentum in the second half of the year, with SUV sales nearly 50 percent of volume and car models, like Elantra standing out in its segment."

Hyundai Model Sales

Vehicle

Aug-18

Aug-17

2018 YTD

2017 YTD

Accent

2,586

2,632

19,284

37,262

Azera

0

349

626

2,374

Elantra

15,475

15,127

128,956

128,666

Ioniq

945

1,159

10,742

7,292

Kona

4,772

0

24,138

0

Santa Fe

11,347

11,474

78,807

84,235

Sonata

9,457

10,866

73,240

97,829

Tucson

11,559

9,757

92,868

72,721

Veloster

788

1,018

7,190

9,841

Genesis Brand Highlights

Genesis Motor America reported sales of 613 in August, a 66 percent decrease compared with the prior year. While planning to transition to a smaller retail network, importation of model year 2018 vehicles was stopped in the spring. This retail result stems from a significant lack of inventory.

In August, Genesis participated in the Monterey Classic Car Week for the third consecutive year. Genesis displayed the high-performance Essentia Concept at McCall’s Motorworks Revival: at The Quail, a Motorsports Gathering; and at the Pebble Beach Concours d’Elegance, alongside the most innovative concept vehicles. Genesis also displayed throughout the week and donated a 2019 G70 as part of a charity raffle, to benefit Animal Friends Rescue Project & Salinas Valley Memorial Hospital Foundation.

The new Genesis retail network will begin to open and the first-ever, all-new 2019 G70 luxury sport sedan will launch in September.

Genesis Model Sales

Vehicle

Aug-18

Aug-17

2018 YTD

2017 YTD

G80

477

1,484

6,621

10,471

G90

136

319

1,869

2,877

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It's too bad about Genesis..they misjudged the market and their product mix.  Their cars sound quite good from what I've read, esp. the new G70.  The problem is the luxury market has shifted to CUVs and SUVs in a big way... 

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