Hyundai Motor Group Achieves Record US Sales with Over 1.48 Million Units Sold (Comprehensive)

[Asia Economy Reporter Changhwan Lee] Hyundai Motor Company and Kia recorded their highest-ever sales performance in the U.S. market last year.

Hyundai Motor Group announced on the 5th that Hyundai Motor Company (including Genesis) and Kia sold 1,489,118 units in the U.S. last year, marking a 21.6% increase compared to the previous year.

Hyundai and Kia broke the previous annual sales record set in 2016 (1,422,603 units) for the first time in five years.

Hyundai's sales volume last year was 787,702 units, a 23.3% increase from the previous year. Excluding Genesis sales, this ranks as the third highest sales performance in history, following 2016 and 2015.

Retail sales to general customers (excluding Genesis) reached 694,349 units, the highest ever. Fleet sales supplied to corporations and rental car companies decreased by 24% compared to the previous year. However, since fleet sales accounted for only 6% of total sales, this had little impact on overall performance.

Genesis sold 49,621 units last year, a 202.9% increase from the previous year. The GV80 sold 20,311 units, the GV70 sold 10,740 units, and the G70 sold 10,718 units respectively.

Randy Parker, Senior Vice President of Hyundai Motor America (HMA), said, "2021 was a very successful year for Hyundai Motor."

Kia surpassed 700,000 units in annual sales in the U.S. market for the first time in history. According to Kia America (KA), last year's U.S. market sales increased by 20% year-on-year to 701,416 units.

By model, Kia sold 115,929 units of the K3, 94,601 units of the Sportage, and 93,705 units of the Telluride.

Eric Watson, Vice President of KA, said, "Despite the COVID-19 pandemic and supply chain issues last year, Kia achieved its best-ever performance. This year, with the launch of the EV6 and the new Sportage, we expect to continue improving our results."

This content was produced with the assistance of AI translation services.