Hyundai Motor posts record Oct. sales in U.S. over hybrid, SUV demand

By Chang Dong-woo

WASHINGTON, Nov. 3 (Yonhap) -- Hyundai Motor America on Tuesday reported record U.S. automobile sales for the month of October, driven by strong demand for hybrid and sport utility vehicles (SUVs) models.

The company sold 73,452 vehicles in the United States last month, up 5 percent from 70,118 units a year earlier, marking its highest October sales on record, according to its monthly sales report.

In particular, the company's hybrid vehicle sales jumped 20 percent on-year, accounting for 29 percent of its total monthly sales volume. Hybrid sales for the January-October period surged 50 percent from a year earlier.

By model, sales of the Santa Fe SUV soared 52 percent to 17,959 units, while those of the Palisade SUV increased 14 percent to 10,840 units.

Sales of the Kona subcompact SUV rose 21 percent to 6,029 units, while those of the Elantra sedan increased 17 percent to 12,011 units.

The Ioniq 5 electric vehicle (EV) also logged a 21 percent increase in monthly sales to 1,981 units.

"We had our best October ever, and customers responded across our lineup," said Randy Parker, president and CEO of Hyundai Motor North America.

For the January-October period, Hyundai's total U.S. sales rose 3 percent on-year to 770,916 vehicles, compared with 748,467 units during the same period last year.

odissy@yna.co.kr
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