Hyundai Motor America October Total Sales Increase 7%; Retail Sales Up 11%

Hyundai Motor America reported that its total sales for the month October 2022 were 60,604 units, a 7% increase from last year.

Hyundai's retail sales of 58,315 units represented an 11% year-over-year increase from October 2021.

SUVs sales were 43,511 units, a 14% increase year-over-year and 72% of total sales.

Hyundai fleet sales remained at 0.4% for the year, prioritizing inventory for its retailers and consumers.

"Demand is still there and our lineup of EV vehicles contributed to record sales this month," said Randy Parker, CEO, Hyundai Motor America.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Integrated energy company Chevron reported Friday that profit for the fourth quarter increased 25 percent from last year, reflecting 17 percent revenue growth amid higher realizations and higher margins on refined product sales. Adjusted earnings per share missed analysts' estimates, while quarterly revenues topped it. Reno, Nevada-based ZLINE Kitchen and Bath has expanded its recall of gas ranges citing serious risk of injury or death from carbon monoxide poisoning, the U.S. Consumer Product Safety Commission announced. The recall now includes about 30,000 units of ZLINE gas ranges, including about 28,000 units... The Food and Drug Administration's independent advisory committee unanimously recommended replacing the current original COVID vaccines used in the U.S. for primary shots with new bivalent omicron shots authorized as boosters, reports said. The committee also considered the proposal for annual COVID vaccination, however, didn't vote on it.
Follow RTT