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Hyundai's US retail sales surge 7% in Q3

Hyundai Motor Co. sold 161,354 units in the US via retail in the third quarter, up 7 percent from the same period last year due to rising demand for its sport utility vehicles.

According to Randy Parker, vice president of Hyundai Motor America, was quoted as saying, the retail sales increase is an indication that sales are recovering from the pandemic.

However, the company's total US sales dropped down 1 percent to 170,838 units or 2,200 fewer from a year earlier.

Total sales by Hyundai America went up 5 percent on-year to 54,790 for September, with 51,784 of those units sold by retail.

Sales of Hyundai's midsize SUV Palisade surged 125 percent on-year in September, with Kona gaining a 44 percent boost and Santa Fe exhibiting a 17 percent increase.

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