Hyundai Motor America Reports October 2018 Sales

FOUNTAIN VALLEY, Calif., Nov. 1, 2018 /PRNewswire/ -- 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

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."

October Product and Corporate Activities

• SEMA: At this year's SEMA Show, Hyundai released plans for a line of accessory performance parts for the 2019 Veloster Turbo and other sporty Hyundai models.
• 2019 Kona and Tucson Pricing: Hyundai announced 2019 pricing for two of its most popular SUV models. The 2019 Kona starts at $19,990, while the 2019 Tucson starts at $23,200 with both now offering several Hyundai SmartSense safety technologies as standard equipment.
• Kona Wins 2018 Sub-Compact SUV of Texas: The Texas Auto Writers Association awarded the 2018 Kona the Sub-Compact Sport Utility Vehicle of Texas.
• Hyundai Motor Named a Top 40 Global Brand for Fourth Consecutive Year: Hyundai Motor was ranked among the highest valued brands in the world once again according to global brand specialist Interbrand.

Hyundai Model Sales

Genesis Model Sales

Hyundai Motor America

Hyundai Motor America is focused on delivering an outstanding customer experience grounded in design leadership, engineering excellence and exceptional value in every vehicle we sell. Hyundai's technology-rich product lineup of cars, SUVs and alternative-powered electric and fuel cell vehicles is backed by Hyundai Assurance—our promise to deliver peace of mind to our customers. Hyundai vehicles are sold and serviced through more than 830 dealerships nationwide and the majority sold in the U.S. are built at U.S. manufacturing facilities, including Hyundai Motor Manufacturing Alabama. Hyundai Motor America is headquartered in Fountain Valley, California, and is a subsidiary of Hyundai Motor Company of Korea.

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SOURCE Hyundai Motor America