{"id":30741,"date":"2022-09-03T12:03:45","date_gmt":"2022-09-03T16:03:45","guid":{"rendered":"http:\/\/autosector.com\/?p=30741"},"modified":"2022-09-03T12:03:45","modified_gmt":"2022-09-03T16:03:45","slug":"us-hyundai-ioniq5-sales-august2022","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=30741","title":{"rendered":"US: Hyundai Ioniq 5 Sales Decreased In August, But Why?"},"content":{"rendered":"

In August, Hyundai Motor America sold 64,335 cars in the US, about 14% more than a year ago. The company notes that inventory levels improved, which translated into a higher sales. Nonetheless, it might take some time to improve also the year-to-date result – currently at 468,833 (down 12%).<\/p>\n

Hyundai<\/a> reports also that its all-electric Ioniq 5<\/a> model noted 1,516 units last month, which is noticeably below average (above 2,100 per month) and a bit disappointing. We guess that the Hyundai Ioniq 5 has supply issues that hold it back.<\/p>\n

Overall, the Ioniq 5 sales in August represented about 2.4% of the Hyundai’s total volume.<\/p>\n\n

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So far this year, Hyundai Ioniq 5 sales in the US exceeded 17,000 (about 3.7% of the total volume) and the South Korean model remains on track to exceed 25,000 this year.<\/p>\n

Unfortunately, the official stats do not include the sales results of other all-electric or plug-in hybrid models (Kona Electric, IONIQ Electric, IONIQ Plug-In, Santa Fe PHEV and Tucson PHEV), as they are counted together with conventional or non-rechargeable hybrids.<\/p>\n

The hydrogen fuel cell model – Hyundai Nexo – noted 18 units (down 58%) and 318 year-to-date (up 38%).<\/p>\n

The Hyundai Ioniq 5 is the first model based on the Hyundai Motor Group’s E-GMP platform, used also by the Kia EV6<\/a> and Genesis GV60<\/a>. Next year, it will be joined by the Hyundai Ioniq 6<\/a>, which recently set an amazing presale record of 37,446 preorders on the first day in South Korea<\/a>.<\/p>\n

The warm welcome of the Ioniq 6 is a good news, but at the same time, it might amplify the demand\/supply issues. A limited allocation of Ioniq 6 in particular markets (South Korea, Europe, US) would not surprise us.<\/p>\n

Anyway, Hyundai’s EV push appears to already be beneficial to the company. The Hyundai Motor Group as a whole is #2 in the US BEV market after the first six months, ahead of Ford<\/a>.<\/p>\n

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In August, Hyundai Motor America sold 64,335 cars in the US, about 14% more than a year ago. The company notes that inventory levels improved, which translated into a higher sales. Nonetheless, it might take some time to improve also the year-to-date result – currently at 468,833 (down 12%). Hyundai reports also that its all-electric […]<\/p>\n","protected":false},"author":1,"featured_media":30742,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-30741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/30741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30741"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/30741\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/30742"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30741"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}