Hyundai Motor America July Sales Down 11%

Hyundai Motor America reported Tuesday that it sold a total of 60,631 units in the month of July, down 11 percent from last year's 68,500 units. Both the Elantra HEV and the Tucson PHEV set new sales records for the month.

Tucson SUV line-up was up 24%. Green car sales increased 12% year over year.

Hyundai said it did not have any fleet sales in July 2022.

For the year-to-date period, total sales declined 11 percent to 404,498 units from last year.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The US Centers for Disease Control and Prevention or CDC has ended recommendations for social distancing and quarantine with a view to minimize covid-19's impact on persons, communities, and health care systems. The agency also ended recommendation for test-to-stay in schools, CNN noted. Healthcare major Johnson & Johnson, which is in the middle of a talcum powder fiasco, said it is discontinuing talc-based JOHNSON'S Baby Powder globally in 2023. The company plans to transition to an all cornstarch-based baby powder portfolio. According to the company, the commercial decision to use cornstarch in all its baby powder products was made after conducting an assessment of its portfolio Walt Disney's streaming service Disney+ is rolling out its much-anticipated new ad-supported subscription plan for Disney+ in the U.S. as part of its bid to stem the loss and make its streaming business profitable after the services posted a hefty operating loss of more than $1 billion in the third quarter. It is also raising pricing for its bundled subscription plans with Hulu, ESPN+ and live TV.
Follow RTT