October 2018: Hyundai Motor America

[William Maley]

Hyundai Motor America Reports October 2018 Sales

• Total Sales Up Slightly
• Retail Sales Increased by 8 Percent
• October Sales Records for Tucson, Elantra, Ioniq and Total SUV

FOUNTAIN VALLEY, Calif., Nov. 1, 2018 – Hyundai Motor America reported October sales of Hyundai- and Genesis-branded vehicles of 53,025 units, a slight increase in comparison with October 2017. Retail deliveries were up 8 percent for the month, while fleet sales were down 22 percent compared with last year. October was the fifth straight month of retails sales growth and total sales have increased in five out of the last six months. 

Sales by Brand

	Oct-18	Oct-17	2018 YTD	2017 YTD
Hyundai	52,653	51,224	545,445	547,880
Genesis	372	1,786	9,281	16,870
TOTAL	53,025	53,010	554,726	564,750

Hyundai Brand Highlights

Hyundai-branded vehicle sales increased by 3 percent, led again by a monthly SUV sales record that rose 8 percent compared with the prior year. Tucson set another monthly record, making it 20 months in a row, with a 32 percent increase. SUV retail sales in October represented 49 percent of total volume versus 40 percent last October. Elantra established a new October high with 18,312 units sold, its sixth straight monthly increase with sales growth of 24 percent. Veloster and Ioniq rounded out the Hyundai models with rising sales, up 55 percent and 25 percent respectively year-over-year.

“Hyundai and all of our dealer partners are laser-focused on retail sales and we were pleased to achieve an 8 percent increase in a month we anticipate the retail industry will be down overall,” said John Angevine, director, National Sales, Hyundai Motor America. “In October, we continued our new product blitz, successfully launching Kona Electric, the Nexo fuel cell and the Veloster N. These products are a perfect example of the broad spectrum of Hyundai products that are meeting the needs of eco-friendly and enthusiast customers alike. Our refreshed lineup is successfully driving retail results growth in the back half of this year.”

Hyundai Model Sales

Vehicle	Oct-18	Oct-17	2018 YTD	2017 YTD
Accent	1,483	5,485	23,303	50,126
Azera	0	162	627	2,773
Elantra	18,312	14,733	167,191	157,800
Ioniq	1,121	898	12,727	9,327
Kona	4,330	0	32,795	0
Santa Fe	7,728	13,024	96,697	108,679
Sonata	7,265	7,595	88,240	115,313
Tucson	11,493	8,731	115,007	91,570
Veloster	921	596	8,857	11,122

Genesis Model Sales

Vehicle	Oct-18	Oct-17	2018 YTD	2017 YTD
G70	51	0	52	0
G80	217	1,408	7,141	13,246
G90	104	378	2,088	3,624