Calif., Jan. 3, 2025 – Hyundai Motor America reported record-breaking total December sales of 78,498 units, a 4% increase compared with December 2023. This was the highest December sales total in Hyundai history. All time total sales records in December were set for Santa Fe HEV (+87%), Tucson HEV (+133%), and IONIQ 5 (+41%). Hybrid vehicle total sales jumped 85%, while total EV sales grew 12%.
A new retail sales record was set in December with 66,159 units, a 9% increase from December 2023. EV retail sales increased 13% year-over-year, hybrid retail sales grew by +79% and electrified (EV, hybrid, plug-in hybrid) retail sales jumped 50%.
“This was an incredible record-breaking year for Hyundai, largely driven by the success of offering consumers a variety of product and powertrain options that fit their needs,” said Randy Parker, CEO of Hyundai Motor North America. “With exciting new models like the IONIQ 9 and increased US production ramping up at our new Hyundai Motor Group Metaplant America in Georgia, I’m confident this momentum will continue. I am deeply grateful to our dedicated team and retail partners for making it all possible, and I’m excited about what we will accomplish together in 2025 and beyond.”
Q4 and 2024 Year-End Sales
Q4 total sales were 226,308 units, a Q4 total sales record and an increase of 10% compared with Q4 2023. Elantra N, Santa Fe HEV, Tucson HEV and IONIQ 5 set Q4 total sales records. Electrified vehicle retail sales for Q4 grew 64% compared with Q4 2023.
For the year, Hyundai total sales were 836,802 units, a 4% increase compared with 2023 and the highest total sales ever for the Hyundai brand. Amongst several model records, Tucson HEV, IONIQ 5, Santa Fe HEV and Palisade established new yearly sales records. 2024 was also a record year for retail sales of 742,009, an increase of 4% compared with 2023. This was the fourth consecutive year setting a new retail sales record. During the year, Hyundai fleet sales were 11% of total volume.
