How many Palisade did Hyundai sell in August 2022?
In 2021, Hyundai sold 86,539 Palisades.
Hyundai sold 81,905 Palisades in 2020.
In 2021, they sold 4,634 more items than they did in 2020, for a 5.66% YoY increase.
The starting MSRP for the 2022 Hyundai Palisade is $33,150. Fully outfitted, the Hyundai Palisade will cost you roughly $48,390.
The 3.8-liter engine in the Hyundai Palisade is paired with an 8-Speed Automatic transmission. This has a Front Wheel Drive drivetrain and generates 291 horsepower and 262 lb-ft of torque.
The Honda Pilot, Mazda CX-9, and Kia Telluride are a few vehicles that compete with the Hyundai Palisade.
United States-based Hyundai Palisade Below are sales statistics broken down by year, quarter, and month. including the most recent Hyundai Palisade sales statistics. Compare the Hyundai Palisade to the competition in the segments of Crossover/SUVs and Midsize Crossover/SUVs.
In This Article...
I suppose it’s a good problem, but it’s still a problem.
Since its release, the Hyundai Palisade has been in high demand among American automobile purchasers. In fact, in August 2021, the huge SUV was the automaker’s fourth best-selling vehicle. Over 56,700 Palisade vehicles have been sold so far this year, somewhat more than what Hyundai sold the previous year.
Therefore, it is not surprising that Hyundai is struggling to meet the demand for the Palisade. The manufacturer is reportedly developing strategies to reduce the scarcity, according to a report by Korea’s Newsis.
Making the Palisade in Hyundai’s Alabama facility, which also produces the Tucson, Santa Fe, and the current, quickly-selling Santa Cruz, is one of the solutions being evaluated.
It is noteworthy that the Palisade and the Staria are both now being produced at Hyunda’s Ulsan Plant 4. While demand is often between 8,000 and 9,000 units, the plant sends 6,000 to 7,000 Palisade units to the US each month.
The manufacture of the Palisade cannot, according to Hyundai Motor Union, be moved to the US, according to Newsis. The report doesn’t specify the cause.
Hyundai Palisade’s sales keep going through the roof.
The Hyundai Palisade continues to sell like crazy despite being one of Hyundai’s most expensive models.
The Hyundai Palisade is essentially the company’s flagship model. A few Randoms, such as the unique hydrogen Nexo and a few plug-in hybrids, start off more expensive than the Palisade. It’s not cheap, though, with a starting price of $32,525 and an AWD Palisades that’s fully loaded costing close to $50,000.
Why then does the Palisade continue to sell so well? Hyundai sold 58,361 cars in total in August 2020. 7,983 units were accounted for by the Palisade. The sales data are listed below, however this is competitive with less expensive alternatives such the Elantra, Kona, Santa Fe, Tucson, etc.
Despite the status of the planet, the population that buys new cars can’t get enough of this enormous 3-row SUV. What may be the reason Hyundai moved 8,404 Palisades in July 2020? The fact that Hyundai offered 0% financing and delayed payments certainly helped in keeping sales steady during the epidemic. The Palisade is now available for lease from Hyundai for $359 per month with a $3,499 down payment at 2.9% for 60 months (other tax, fees, etc. may apply). These figures greatly increase the accessibility of this enormous vehicle.
And let’s face it, most individuals these days are unable to drive, so a large, secure SUV puts families at rest. Hyundai also has the greatest warranty in the industry, and it continues to offer a V6 in this class rather than a tiny four-cylinder turbo. The general public is coming to learn about the quality of new Hyundai products; they discover that Hyundai has changed significantly over the past few years. With all the features a new Hyundai comes with, most people find it to be a no-brainer.
What do you think about this occurrence now that you have seen the sales numbers? Please share your thoughts on the Hyundai Palisade’s sales stats in the section below. More Hyundai news may be found here.
Any production decisions must be approved by the Korean labor unions.
However, the Korean labor union is the problem. It must consent to all production actions. As a result, it appears that production will continue in South Korea, but at a different plant. No production should be exported, according to the union. But it goes further than choosing a different domestic assembly facility.
Any relocation of Palisade manufacturing from its Ulsan factory is opposed by the workers union. In order to move further Palisade manufacturing to the same plant that is preparing to create the Staria minivan, corporate executives are negotiating. Extra production can be accommodated.
In 2020, Hyundai sold just around 82,000 Palisade SUVs. 56,711 Palisades were sold between January and August of 2021. Therefore, it appears that sales will exceed those of 2020. but not if it is unable to maintain US supply levels.
Hyundai’s Palisade Problem Is a Nice One, But It Is Still a Problem
The Hyundai Palisade has proven to be quite well-liked by North American customers ever since it first hit the market. In fact, the SUV was North America’s fourth best-selling model in August of last year.
What then is the issue? According to reports, Hyundai is having trouble meeting demand. In fact, the organization is reportedly working on situations that could enable it to satisfy North American demand, according to the Korean news outlet Newsis.
One of those possibilities entails beginning construction on the Palisade at Hyundai’s American manufacturing facility in Alabama, which also assembles other utility vehicles including the Tucson, Santa Fe, and brand-new Santa Cruz.
At the moment, Hyundai’s Ulsan facility in South Korea also makes the Staria van and the Palisade. Although demand for the Palisade is between 8,000 and 9,000 units, the firm only ships between 6,000 and 7,000 of them to the United States each month.
The domestication of manufacturing has challenges. Again citing Newsis, Hyundai Motor Union claims that shifting Palisade manufacture to the United States is unacceptable. Although the cause is not stated, we can infer that it has to do with a concern over losing assets there.
Redistributing the automobiles made at the several Hyundai factories in Korea is an additional approach. For instance, production of the Staria could be moved to the Jeonju factory, despite the union at the Ulsan plant vehemently opposing this. According to sources, assembly of the Palisade might also be shifted to the Jeonju facility. However, there is a snag with that plan: it is set up to make commercial vehicles, so changing it to make room for the Palisade would be quite expensive.
Time is of the essence, but it appears that Hyundai has not yet decided how to address the Palisade’s supply-demand issue. Time truly is money, as they say.
The Hyundai Palisade’s level of appeal
For the 2020 model year, Hyundai initially unveiled the Palisadecrossover SUV, entering one of the most popular and fiercely competitive markets in the United States. The segment created a difficult environment for a new entrant because it was filled with well-known brands like Ford Explorer, Honda Pilot, and Toyota Highlander. However, customers of family vehicles responded favorably to the Hyundai combination of value, more features, and superior construction. Hyundai will therefore add more of the same—more interior amenities, technology, and safety—to the updated 2023 Palisade to increase the family appeal of an already highly appealing family-hauler.
With more than one in ten new-vehicle sales, the 2023 Hyundai Palisade is right in the midst of the second most popular sector on the American market. Hyundai’s entire strategy, which emphasizes crossovers, including the Santa Fe, Tucson, Venue, and the Ioniq 5–Hyundai’s first exclusively electric vehicle—requires having a respectable rival.
Hyundai’s product planners and engineers focused on developing the Palisade as a car that would satisfy the requirements of family buyers. The majority of Palisade buyers are married Millennials with numerous kids. Hyundai struck the target in pressing their emotional buttons.
Hyundai Palisade was constructed where?
There is presently only one iteration of the Hyundai Palisade, which began production in 2018.
The majority of Hyundai Palisades that are sold in the US are produced in Ulsan, South Korea. The majority of Hyundai’s vehicles, including several versions of the Sonata, Tucson, and Santa Fe, are produced at its headquarters.
Additionally, Avtotor manufactures Palisade in Kaliningrad, Russia. One of the biggest automotive manufacturers in the world is Avtotor. Currently, they produce automobiles for Hyundai, Kia, and BMW; in the past, they were also partners with Chevrolet and GMC.
Do you want to know where this Hyundai is manufactured? Where are the body components, headlights, software, and technology made? Check out this article where we examine Hyundai in detail: Here, Hyundai vehicles are produced
How far can a Hyundai Palisade travel?
If properly maintained and driven, the Hyundai Palisade should last 200,000 to 250,000 miles on average. You may anticipate the Hyundai Palisade to last 13 to 17 years before needing prohibitively expensive maintenance based on annual mileage of 15,000 kilometers.
How long is the Hyundai Palisade waiting list?
The Hyundai PALISADE (145 days), Hyundai i30 (142 days), and Hyundai Kona have the longest wait times for new Hyundai models (130 days).
Hyundai wait times are generally becoming worse; they are currently 2% longer than they were three months ago.
Please select a model from the list below to be connected to a certified Hyundai dealer in your region and receive a current estimate of the availability of that particular vehicle.
What year did the Palisade debut?
The Palisade, the most opulent SUV in the Hyundai lineup, made its debut at the 2018 Los Angeles Auto Show. It and the Kia Telluride both used the same platform.
Over time, Hyundai grew its market share and began to upscale its models. The distance between the modestly styled Tucson and the opulent Palisade’s three rows is considerable. It was designed to compete with cars like the Honda Pi.
Are there any transmission issues with the Hyundai Palisade?
They are frequently simple to spot. Transmission issues with the 2020 Hyundai Palisade could include shifting issues, acceleration that jumps or grinds, road trembling, whistling noises, or a burning odor emanating from under the hood.
How dependable are Palisade engines?
For 2020, Hyundai unveiled the full-size Palisade SUV to take the place of the Santa Fe XL as its largest model. The Palisade appears to have all the makings of a vehicle that will bring reliable life, yet reliability data on the model are scarce given its recent introduction.
Both the 2020 and 2021 Palisade appear to be well-known for their dependability, according to official reports from the National Highway Traffic Safety Administration (NHTSA). There have only been a total of five complaints about engines or powertrains. Most of them are just annoyances, like vibrating through the steering wheel.
The major fault with the SUV is how readily the windshield cracks; nonetheless, this issue has little bearing on how long the car will last.
What is the lifespan of a Hyundai Palisade then? With its tried-and-true Lambda II V6 engine version and Tucson and Santa Fe’s eight-speed transmission, the Palisade should have no trouble traveling between 150,000 and 200,000 miles without experiencing too many problems.
The Hyundai Palisade has remote starting, right?
Keyless entry is provided with the Palisade by way of a key fob. You do have the typical lock, unlock, panic button, power liftgate button, and remote start on the keychain. You can start the car remotely from a fair distance away by using this option. For ten minutes, this feature will be activated on all Hyundai cars.
Are there any engine issues with the Palisade?
The eye-catching 2022 Hyundai Palisade is made to be a family-friendly vehicle. According to the company, it enables consumers to “arrive in elegance, safely.” However, the general impression on the internet is that this SUV has numerous issues that need to be resolved, including a broken engine and a substandard construction.