February 2023 Hyundai Sales Report

Hyundai Motor America reported total February sales of 57,044 units, a 9% increase compared with February 2022 and the best February in Hyundai history. This was the fourth consecutive month with a total monthly sales record, led by Elantra (+53%), Kona EV (+753%), Kona N (+42%), Santa Cruz (+9%), Tucson (+13%), and Venue (+17%). February was an all-time best-ever retail and total sales month for the Elantra N (+72%) and Santa Fe HEV (+121%). Hyundai fleet sales were 7% of total volume for the month.

“For the past seven months, Hyundai and our retail partners have delivered record retail sales,” said Randy Parker, CEO, Hyundai Motor America. “It’s the result of our diverse product lineup, strong marketing efforts that drive showroom traffic and our dealers’ attention to elevating the customer experience. We remain optimistic about continuing the success and increasing market share.”

Hyundai sold 52,932 retail units in February, a 1% year-over-year increase from February 2022, setting a retail sales record for the seventh consecutive month. February retail sales were led by Elantra HEV, Elantra N, the line-up of Kona models (ICE, EV and N), Santa Cruz, Santa Fe HEV, and Venue. Hyundai eco-friendly vehicle sales of 9,415 represented 18% of retail and a 7% year-over-year increase.