Hyundai Motor America’s expanded crossover lineup and stronger retail demand delivered another U.S. sales gain for the company in February, with volume rising 16 percent to 53,013, a record for the month.
Hyundai said February retail sales increased 26 percent, driven by a 57 percent jump in crossover volume, led by the Tucson, up 58 percent, Kona, up 16 percent, and the new Palisade, with retail sales of 6,953. The company’s overall deliveries have increased 17 out of the last 19 months.
Fleet volume dropped 20 percent and represented 15 percent of sales last month, Hyundai said.
U.S. light-vehicle sales are expected to rise in February, helped by two extra selling days, an additional weekend and higher incentives, analysts said.
It’s unclear how much of an impact the spread of the coronavirus will have on February deliveries, though several automakers have warned new-vehicle supplies will likely be disrupted by manufacturing and supply chain bottlenecks, mostly in China.