Avante/Elantra (Hyundai)

 News
Mar 13, 2024

Announced on March 12, 2024, Thanh Cong Group (TC Group) announced that the total sales of Hyundai cars in Vietnam reached 2,033 units in February 2024 (down 62.8% from 5,467 units recorded in February 2023).

In February 2024, Hyundai Accent continued to be the best-selling Hyundai model with 365 units delivered. Hyundai Grand i10 ranked second with sales of 263 units, followed by the Creta with sales of 238 units. Sales of Hyundai Venue reached 147 units, followed by Hyundai Santa Fe with 132 units, Hyundai Custin with 127 units, Hyundai Tucson with 117 units, Hyundai Elantra with 76 units, Hyundai Stargazer with 55 units, and Hyundai Palisade with 47 units. Meanwhile, Hyundai commercial vehicle models achieved sales of 466 units in the month.

The company, once again, mentioned that the local market is expected to stabilize after Tet (Lunar New Year) holiday.

Sales in the first 2 months of 2024 dropped 37.5% YoY to 5,602 units.

(From Hyundai Vietnam press release on March 12, 2024 and on March 13, 2023)

Feb 16, 2024

Hyundai will increase production of its Sonata and Elantra sedans to help it achieve more growth in the U.S. in 2024, Hyundai Motor North America CEO Jose Muñoz said earlier this month.

The Elantra and Sonata sedans received new styling and features for the 2024 model year and now offer a number of features, including gasoline and hybrid powertrains, but Muñoz said Hyundai sales were limited in 2023 because of availability. 

Hyundai did not disclose specific sales expectations for the pair in 2024 but confirmed it would target significant growth for each.

To attain that goal, which translates to U.S. sales approaching 900,000 units, Muñoz said Hyundai will focus especially on entry models as U.S. consumers seek more affordable vehicles.

Hyundai added an available all-wheel-drive configuration to the Sonata lineup to keep it competitive in the midsize segment.

The Sonata has a sportier N Line variant, and the Elantra has a performance-oriented N with a six-speed manual transmission.

(multiple sources on February 15, 2024)

Feb 15, 2024

Announced on February 15, 2024, Thanh Cong Group (TC Group) announced that the total sales of Hyundai cars in Vietnam reached 3,569 units in the first month of 2024 (up 2.1% from 3,496 units recorded in January 2023).

In the month of January 2024, Hyundai Accent remained the best-selling Hyundai model with 916 units delivered. Hyundai Grand i10 ranked second with sales of 480 units, followed by the Creta with sales of 413 units.

Hyundai Custin recorded sales of 244 units, followed by the Tucson with 209 units, Hyundai Venue with 196 units, Hyundai Elantra with 153 units, Hyundai Santa Fe with 130 units, the Palisade with 85 units, and Hyundai Stargazer with sales of 75 units. Hyundai commercial vehicles, meanwhile, achieved sales of 668 units. Of these, 123 units were exported to international markets, including the Mighty N250 light truck to Peru and the Solati 16-seat minibus to Philippines.

The company expected the local market to stabilize again after Tet (Lunar New Year) holiday, bringing expectations for higher sales growth in the following business months.

(From Hyundai Vietnam press release on February 15, 2024 and on February 10, 2023)