Hyundai announced the cessation of manufacturing of the entry-level Accent compact vehicle and the N variant of the Veloster hatchback on Thursday, adding to the segment’s losses. This year saw the end of production for the original Ioniq hybrid, giving way to a line of electric cars under the Ioniq sub-brand. For a 2023 model year, none of the three vehicles will return.
The modifications reflect the constantly evolving preferences of car buyers. Since 2008, the Accent has served as Hyundai’s entry-level model into the brand as a reliable subcompact car with an excellent guarantee. It didn’t come standard with the driver-assist capabilities that Hyundai makes standard across the rest of its portfolio because to its $17,500 starting price and small touchscreen. The 2020 debut of the Hyundai Venue small crossover will take the position of the subcompact vehicle. Although it boasts standard features like automatic emergency braking and an 8.0-inch touchscreen, the starting price with destination is more over $20,000.
It is less shocking that the Veloster N’s production will finish in July. The asymmetrical hatchback with a rear third door on the passenger side but none on the driver side was withdrawn by Hyundai for 2022, and it continued to lose market share to higher riding crossovers. Now, both the Elantra N compact car and the Kona N small crossover receive the N performance treatment. If it weren’t for that annoying Porsche 911, the Veloster N might have won Motor Authority’s Best Car To Buy 2020 accolade.
The hybrid and plug-in hybrid sedan’s demise was revealed earlier this month because it served as the foundation for an Ioniq sub-brand that will only sell battery electric vehicles. The Toyota Prius and Prius Prime were able to outperform the hybrid hatchbacks with ratings of up to 59 mpg combined, while the Ioniq EV compliance vehicle was withdrawn in 2021. The superb Ioniq 5 electric crossover and the brand-new Ioniq 6 sedan continue to bear the Ioniq’s name.
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The auto industry is still moving away from tiny, inexpensive vehicles.
Hyundai told me earlier on Thursday that a crossover had replaced the Accent in its U.S. lineup. And that’s not all; according to Automotive News, the business has discontinued the PHEV and HEV Ioniqs. We already knew that the Veloster N was also dead. Well, that’s all I got.
It seems that no one in the United States wants to sell little, inexpensive cars that are still within reach. There are “tiny” crossovers and cars like the Ford Maverick, sure, but those aren’t automobiles. Not everyone is price motivated enough to purchase a midsize truck just because it’s affordable or wants a crossover. Despite not being enough, many people still desire small, compact hatchbacks and sedans.
The latest automaker to discontinue a subcompact is Hyundai. The brand provided the following justification for the discontinuation in a release that both verified it and announced the death of the Veloster N: “Discontinued since the SUV portfolio has grown to include the Venue. The Hyundai brand’s entry-level vehicle is currently the Venue. Sedans continue to be a key component of the portfolio, and Hyundai still offers the Elantra and Sonata.”
You read correctly. Hyundai claims that the Elantra and Sonata continue to be available if you need a sedan, and that the smallest and cheapest car they now sell is an awkward-looking crossover. The Sonata is neither a compact nor a subcompact, yet it is also not particularly durable.
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The hybrid Ioniqs are also available, according to Automotive News, although that makes a little more sense considering that Hyundai is making Ioniq its EV brand.
As it introduces the new Ionic nameplate, Hyundai is also getting rid of its Ioniq hybrid and plug-in hybrid vehicles. The 2021 model year marked the end of production for the first Ioniq EV. Future Ioniq EVs will be constructed on Hyundai’s Electric Global Modular Platform (E-GMP), which will allow for quick charging and a substantial driving range.
By 2030, the Hyundai Motor Group, which is made up of the brands Hyundai, Genesis, and Kia, plans to sell 3 million electric vehicles worldwide. 11 battery-electric Hyundai models are among those.
Soon, there might not be many options for purchasing a small automobile outside of the used market. Chevy? Sonic passed away in 2020, and the Spark will depart this summer. Fiat? In late 2019 killed the 500 and is just offering the 500x, which nobody wants. Ford? said, “F— it, you can have any car you want, as long as it’s a Mustang,” to consumers. A truck is currently one of their smallest cars available for purchase, which says a lot. Honda? aims to replace the Fit in 2020 with the HR-V. There are only a few small, inexpensive cars left. Although Kia currently sells the Rio, I don’t think it will remain in production for very long given the demise of the Accent. Nissan still offers the Versa, but it has grown up and is no longer quite as compact. The (underrated!) Mitsubishi Mirage is the only vehicle left.
Given that Mitsubishi may not be aware that it is still in production, the Mirage may soon be the only vehicle available in this market. It’s best that way.
In America, Hyundai discontinues the Accent and Veloster N.
Hyundai Motor America has declared the demise of three separate models for 2023, prolonging the carpocalypse.
The Accent is primarily becoming extinct, much like the dodo bird. Hyundai claimed that the Venue, which will now be their entry-level vehicle, is the reason the model is being retired “due to an increased SUV selection.” It’s crucial to keep in mind that the Accent began at $16,645 while the Venue does so at $19,000.
Although there is a very large difference, crossovers have become quite popular with consumers, which has led to a decline in Accent sales. In the United States, Hyundai sold 79,766 Accents as recently as 2016, but sales fell to 19,614 units in 2017. In 2019, Hyundai only sold 25,628 Accents, even before the epidemic.
Although the Accent is being discontinued in America, it will continue to be produced in other countries since spy photographers have already captured images of the upcoming model. Sedans continue to be a significant component of the lineup, according to the firm, and Hyundai is still selling the Elantra and Sonata. There have been reports, meanwhile, that the Sonata would be discontinued around 2027 or 2028.
Along with the Accent, the Veloster N is also being retired because consumers prefer the Elantra N and Kona N. The Veloster 2.0, 2.0 Premium, R-Spec, Turbo, and Ultimate were eliminated by Hyundai Motor America for 2022, according to speculations, so this development shouldn’t come as much of a surprise. With only the Veloster N remaining, the Veloster lineup as a whole is no longer available.
Last but not least, the business is ceasing production of the original Ioniq as of next month at its plant in Ulsan, South Korea. Hyundai attributed its demise on a “substantially increased electrified lineup” that consists of various hybrid, plug-in hybrid, and entirely electric vehicles. It’s also important to note that the Ioniq 6 was just unveiled and that the firm has already stated it will replace the original Ioniq.
The redesigned Palisade plus a number of carryover models with minor updates, such new trims and increased equipment, make up the remainder of the 2023 Hyundai lineup. While those changes are hardly noteworthy, the Elantra N Line will no longer be offered with a manual transmission starting in 2023.
Hyundai Accent Spy Images Gallery
Although there is no information about internal alterations, we don’t anticipate anything major with a design update. According to one speculation, the engine will be reduced from 1.6 to 1.5 liters and combined with mild hybrid technology.
The 1.6-liter produced a meager 120 horsepower (88 kilowatts), so the downsizing is disappointing, but that problem might be solved by combining the new engine with hybrid technology. The only transmission expected to be offered is the brand’s own continuously variable transmission. Last year, Hyundai discontinued the manual option.
It’s not anticipated that the updated Accent will go on sale until late 2022 or early 2023. It might be the final model of the tiny automobile. Due to automakers ceasing manufacturing of the poorly selling models, the segment has declined. The facelift indicates that the model will remain in production for a number of more years before being retired or replaced. Hyundai, which intends to introduce a number of EVs over the next few years, is following the trend of automakers investing in items that will sell during the transition to electric vehicles.
Hyundai has discontinued the Accent and Veloster N.
The upgrades to Hyundai’s complete 2023 lineup have been announced, which also means some bad news for two of its models. Both the Accent and Veloster N will be phased out after the 2022 model year, according to Hyundai.
Although the Veloster was reportedly being discontinued, the Accent’s announcement is brand-new. Hyundai claims that the Venue is a superior entry-level vehicle for the brand and that the Accent is being discontinued. Not a surprise, given that consumers no longer choose sedans.
Hyundai has decided to abandon the Veloster N so that it may concentrate on the Elantra N and Kona N models.
Is Hyundai getting rid of the Accent in America?
The business claims in a statement that the Accent has been “discontinued because the SUV selection has been broadened to include the Venue. The Hyundai brand’s entry-level vehicle is currently the Venue. Hyundai’s inventory still includes a significant number of sedans, including the Elantra and Sonata.”
Is the Accent replaced by the Hyundai facility?
Hyundai will stop offering the Accent in North America in 2021. The Venue will now serve as the brand’s entry-level model, coming in at a slight discount to the newly redesigned 2021 Elantra compact sedan.
Contrary to what the Korean manufacturer is advertising, the Venue is only an Accent Hatchback that has been elevated and given more attitude and style.
The 1.6-liter, four-cylinder engine, which generates 121 horsepower, is the same. It is coupled to a six-speed manual transmission as standard, with a CVT available as an option. Additionally, the Venue is only offered with front-wheel drive, just like the Accent. You must choose the Kona if you want all-wheel drive.
Imagine the Venue as an Accent that has donned an SUV garb in an effort to live. Mind you, it’s not always a poor decision. With a base MSRP of only $17,099 and exceptionally low financing rates from Hyundai, this affordable car provides exceptional value.
Has the Hyundai Accent been phased out in Australia?
After discontinuing the well-liked but pricey i20 from its local lineup in 2015, the Hyundai Accent now serves as the Korean manufacturer’s smallest vehicle.
Even though it is the least expensive, it nevertheless gains from Hyundai’s program for locally tuned suspension. The base model Accent has five seats and five doors. It comes in hatchback or sedan body styles and is powered by a 1.4-liter naturally aspirated four-cylinder engine. You can choose between a continuously variable transmission and a six-speed manual transmission (CVT).
Hyundai marketed the Accent in a variety of trims, with prices ranging from $14,987 for the Sport to $22,990 for the Sport. All trims were offered with a manual or automatic transmission. By the end of 2019, Australia stopped selling the Accent, and the Venue small SUV took its place.