Last month was especially good for the automaker.
There's reason to celebrate over at Hyundai. Aside from the recently revealed Ioniq 6, the Korean automaker has achieved record-high sales for 2022 with the company shifting a total of 63,091 units in June. While this is an impressive figure, Hyundai says this represents a 12.9% decline compared to the same period last year.
This comes as no surprise, to be honest. The entire automotive industry is being crippled by the ongoing chip crisis and supply chain issues, which have hindered manufacturing and new vehicle sales. Despite the extraordinary circumstances, Hyundai still managed to sell a substantial amount of vehicles. Naturally, SUVs made up the majority of sales but there are some surprises as well.
The company's top-seller for June is the Hyundai Tucson. With a base price of $25,800 (and an available Hybrid), it comes as no surprise that 15,648 customers signed on the dotted line last month. While overall sales have seen a decline, Tucson sales figures increased by 7%.
Another strong performer is the Santa Fe. Hyundai sold 10,691 examples of the larger SUV. Perhaps buyers are opting for the cheaper Tucson as the two are now closer than ever before. Hyundai plans to do something about this; the next-generation model is reported to be larger and more luxurious than before.
The company's third-best seller proves there's hope for the sedan yet. The affordable Elantra is just what the doctor ordered in these financially stressful times. The sales figures reflect this, with 8,372 examples leaving showroom floors last month.
The much-loved and recently updated Palisade achieved average figures, with 6,866 units sold. News that Hyundai is discontinuing the Accent comes as no surprise when you realize the company shifted just 2,088 examples. The Korean automaker says the Venue will take over as the value offering. Aside from last month, the Venue easily outsells the Accent every month.
Unsurprisingly, Hyundai says SUVs account for 76% of the total "retail mix" with the Tucson achieving all-time sales records in the second quarter of the year. Speaking of Q2, the company sold 184,191 units during this period with total sales for the year standing at 343,867 units. Out of interest, Hyundai sold just 2,853 examples of the Ioniq 5 and 3,502 Santa Cruz models in the month. Can this upward trend continue? If supplies don't get in the way, we see no reason that 2022 as a whole won't be a financial boon.