Hyundai Motor America reported record-breaking Q1 retail sales of 159,676 units, a 1.4% increase compared with 2021’s Q1 retail record of 157,470 units. Electrified vehicle retail sales increased 241% in Q1. Total Q1 sales declined 4%. #hyundai had no fleet sales in Q1 2022.
“The first quarter was an all-time retail sales record for #hyundai as we focused on meeting the tremendous consumer demand despite ongoing inventory challenges,” said Randy Parker, senior vice president, national sales, #hyundai Motor America. “We outperformed the industry in Q1 and substantially increased our retail market share.”
March Results
Hyundai sold 59,380 units in March 2022, resulting in the third best March retail month in the company’s history. Month over month retail and total sales were up 13%. #hyundai electrified vehicle retail sales grew 179% year over year, while Elantra Hybrid and Nexo established all-time monthly retail and total sales records.
March Total Sales Summary
| Mar-22 | Mar-21 | % Chg | 2022 YTD (Q1) | 2021 YTD (Q1) | % Chg |
Hyundai | 59,380 | 75,403 | -21% | 159,676 | 167,130 | -4% |
March Product and #corporate Activities
Model Total Sales
Vehicles | Mar-22 | Mar-21 | % Chg | 2022 YTD (Q1) | 2021 YTD (Q1) | % Chg |
Accent | 1,446 | 1,788 | -19% | 2,697 | 4,272 | -37% |
Elantra | 10,205 | 12,598 | -19% | 22,072 | 26,093 | -15% |
Ioniq | 860 | 1,930 | -55% | 3,544 | 4,125 | -14% |
Ioniq 5 | 2,700 | 0 | --- | 6,244 | 0 | --- |
Kona | 6,053 | 10,416 | -42% | 15,536 | 22,610 | -31% |
Nexo | 113 | 30 | +277% | 166 | 78 | +113% |
Palisade | 7,283 | 9,184 | -21% | 21,025 | 21,207 | -1% |
Santa Cruz | 2,950 | 0 | --- | 8,400 | 0 | --- |
Santa Fe | 10,124 | 11,538 | -12% | 25,582 | 28,570 | -10% |
Sonata | 1,716 | 9,335 | -82% | 7,744 | 20,557 | -62% |
Tucson | 13,642 | 15,744 | -13% | 39,655 | 33,147 | +20% |
Veloster | 205 | 272 | -25% | 462 | 687 | -33% |
Venue | 2,083 | 2,568 | -19% | 6,549 | 5,784 | +13% |
Note: Electrified vehicles are hybrid, plug-in hybrid, electric and fuel cell models.
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