Hyundai May 2017 Sales Down 15.5% with 60,011 Vehicles sold

Discussion in 'In the News' started by xcel, Jun 9, 2017.

  1. xcel

    xcel PZEV, there's nothing like it :) Staff Member

    [​IMG] Overall sales are down while fleet is now below 10 percent which should improve profitability,

    [​IMG]Wayne Gerdes – CleanMPG – June 1, 2017

    2017 Hyundai Tucson SE with the Popular Equipment Pkg. - $24,470 incl. mats and $895 D&H offers owners a 23/30 mpgUS city/highway rating. For an additional $1,450, move up to the ECO trim with the 1.6L Turbo and 7-speed DCT and receive a CUV with an EPA rating of 26/32 mpg city/highway.

    Recently, Hyundai’s 2017 Tucson was recognized as having the best fleet value in their respective categories by Vincentric, a group that analyzes overall Total Cost of Ownership (TCO). The Tucson won in the compact SUV/Crossover category.

    The Vincentric Best Fleet Value in America Awards recognize specific vehicles and trims which have the lowest TCO in the greatest number of measured lifecycle cost scenarios. The cost-of-ownership metric is created from eight different factors including depreciation, fees & taxes, financing, fuel, insurance, maintenance, opportunity cost and repairs. The Tucson was awarded for having the lowest fleet lifecycle cost in the compact CUV segment.

    Hyundai May 2017 Sales Overview

    Hyundai May sales of 60,011 were down a rather steep 15.5 percent below the previous record May when 71,006 vehicles were sold. On a Daily Selling Rate (DSR), sales were down 18.9 percent. Some of the falloff could be attributed to the brands reducing its fleet mix which is now under 10 percent.

    YTD sales of 291,853 are down 4.8 percent compare with the 306,549 sold through the same period of 2017.


    In May, it was Tucson that made headlines by outselling the brands perennial CUV sales leader, the Santa Fe for the second straight month. It was the models best all-time result eclipsing the previous best all-tie result set just a month ago.

    Tucson sales reached 10,600 in May, up 43.8 percent over the 7,369 sold in May of 2016. On a Daily Selling Rate (DSR) basis, sales were up 38.1 percent. YTD sales of 41,707 were up 17.6 percent over the 35,471 sold through the same period of 2016.

    2017 Hyundai Tucson


    The Ioniq in its second full month of availability achieved sales of 1,827 vehicles.

    The U.S. Automobile May 2017 vs. May 2016 Market Share results.


    To begin, Ford outselling GM in May and gaining 0.5 percent market share was the big news. Both Hyundai and FCA lost .6 percent market share.


    The Accord broke back into the Top 10 last month and this month moved to number 5. I have not looked up incentive addons but there appears to be a hard push to move Accords at Honda dealerships nationwide. Not a bad car to be pushing either.


    Segment Items of note

    Despite the large incentives, both the aging Focus and new Cruze outsold the new Elantra.

    Sonata sales are slumping. The Tucson at 10,600 units in May is closing in on making Sonata the number 3 seller in the flying H lineup. Something that has never occurred before.

    CUVs are still hot.

    In the pickup truck segment, for the second month in a row Ford’s F-Series has outsold the entire GM pickup truck lineup, RAM outsold the Silverado for the third month in a row and Nissan's Titan appears to be leveling off near the 5k mark with Ridgeline hovering around 3k/month.

    When it comes to Hybrids, the Prius lineup is beginning to feel competitor’s offerings with the Kia Niro and Hyundai Ioniq together taking 4,487 sales that may have went to the Prius or possibly the hot selling RAV4 Hybrid previously. Kia’s Niro achieved sales of 2,660 and its monthly sales volume for the first time since its intro has fallen below the prior months result. Prius c is way off the mark and if there was ever a time to see a second gen, now is that time.

    In the Electric segment, Toyota's Prius Prime for the second month outsold the Volt while the Bolt picked up quite a bit from last month’s sub 1k/mo sales result.

    U.S. May 2017 Sales vs. May 2016 Sales Ranks and Results for the top 18 Automobile Manufacturers
    In May, Ford moved ahead of GM as the number one U.S. Auto Manufacturer. This is a May anomaly but one we will be watching going forward. Mitsubishi moved ahead of Jaguar/Land Rover for the 15th spot.

    On a volume basis, May 2017 U.S. auto sales were up 4.1 percent. On a Daily Selling Rate (DSR) basis, May sales were up 0.05 percent.

    2017 YTD sales of 6.97 million vehicles is down 1.6 percent from the 7.08 million sold through the same period and same number of sales days in 2016.

    There were 25 selling days in May of 2017 vs. 24 in May of 2016 and 125 days in both 2017 and 2016 as described numerous times above.
    BillLin likes this.

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