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.


White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings
Toyota Industries Buyout Faces Resistance as Elliott Rejects Higher Offer
Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand
Proposed Rio Tinto–Glencore Merger Faces China Regulatory Hurdles and Asset Sale Pressure
Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure
One Percent Rule Checklist For Safer Forex Trading Risk
Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition
Sanofi Gains China Approval for Myqorzo and Redemplo, Strengthening Rare Disease Portfolio
Trump Criticizes NYSE Texas Expansion, Calls Dallas Exchange a Blow to New York
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO 



