Hyundai Reports Retail Sales Up for October 2020

Hyundai Santa Fe

Hyundai Motor America has reported that October sales were 57,395 units, a 1% increase over sales in October 2019. Retail sales represented a 10% increase, while fleet sales were down 45% from the previous year.

“October was the second straight month with double digit Hyundai retail sales growth as the automotive retail market continues to show resiliency,” said Randy Parker, vice president, national sales, Hyundai Motor America. “Our SUV products drove the majority of the growth, but our all-new Sonata achieved a 20% retail gain, a sign that the right sedan can still drive consumer demand. And our all-new Elantra will be joining it on dealer lots later this month.”

Of the 52,117 retail units sold in October, SUVs represented 68%. Specific Hyundai models that had increases in sales were the Sonata at 20%, Santa Fe at 11%, Kona at 32%, Palisade at 73% and Nexo at 118%, all of which achieved year-over-year gains.

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Hyundai Motor Manufacturing Alabama, in Montgomery, produces the Santa Fe SUV and the Elantra and Sonata sedans. The plant’s 3,000 associates typically make 399,500 vehicles a year, as well as the 194 horsepower Theta Two Gasoline Direct Injection four-cylinder engine and the 148 horsepower Nu four-cylinder engine.

Earlier this month, Hyundai unveiled the 2021 Santa Fe, which has a freshened design motif, advanced front and rear lighting signatures, new hybrid powertrain with all-wheel drive and extensive new driver safety and convenience features. For more information on the redesigned Santa Fe, see our post from June at https://southernautomotivealliance.com/hyundais-santa-fe-gets-a-facelift/.

 

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