Hyundai Motor America reports 62,491 sales in September 2024, a 9% drop, but sees record hybrid sales and 5% Q3 growth, driven by strong demand for models like the Santa Fe HEV. Hyundai Motor America reports 62,491 sales in September 2024, a 9% drop, but sees record hybrid sales and 5% Q3 growth, driven by strong demand for models like the Santa Fe HEV.

Hyundai Motor America Reports Strong September and Q3 2024 Sales Performance

Hyundai Motor America reports 62,491 sales in September 2024, a 9% drop, but sees record hybrid sales and 5% Q3 growth, driven by strong demand for models like the Santa Fe HEV.

Hyundai Motor America reported total September sales of 62,491 units, a 9% decline compared to September 2023.

Despite this, the company set new sales records for hybrid models, with Santa Fe HEV sales up 87%, Tucson HEV up 52%, and Palisade sales up 9%. Hybrid vehicle sales jumped 36% overall in September.

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Hyundai Motor America reports 62,491 sales in September 2024, a 9% drop, but sees record hybrid sales and 5% Q3 growth, driven by strong demand for models like the Santa Fe HEV.
Hyundai Motor America Reports Strong September and Q3 2024 Sales Performance.

In Q3, Hyundai achieved record retail sales, with total sales reaching 210,971 units, a 5% increase over Q3 2023. Key highlights included strong demand for IONIQ 5 and hybrid models. Hyundai also marked a major milestone by surpassing 100 million vehicles produced globally.

Specific model performances in September saw gains for the Elantra (+19%) and Sonata (+64%), while Ioniq 5 and Kona saw declines of 16% and 23%, respectively.

Palisade sales rose by 9%, and Tucson remained Hyundai’s top seller despite an 11% drop. Overall, year-to-date (YTD) sales are up 2%, with 610,494 units sold compared to 595,147 in 2023.

Additionally, Hyundai announced several new initiatives, including the release of the refreshed U.S.-built 2025 IONIQ 5 and new incentives for IONIQ 5 N customers, offering a complimentary ChargePoint charger or a $450 charging credit.

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