Market Chatter: Hyundai Motor's Palisade Tops 500,000 Sales in the US Ahead of Next-Gen Launch

MT Newswires Live
21 Apr

The cumulative sales of Hyundai Motor's (KRX:005380) Palisade SUV surpassed 500,000 in the US, with 506,425 units sold since its 2019 debut.

Just last year, the US accounted for two-thirds of the Palisade's global sales of 165,745 units. The second-generation model is slated for release later in 2025, Yonhap News reported Friday.

Hyundai targets US growth by expanding its SUV lineup, as SUVs dominated first-quarter sales, accounting for 78% or 3.12 million units, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10