The Latest Breaking News from Randy Parker

US President Donald Trump's aggressive but fast-changing trade policy has foisted difficult questions on carmakers that they have not yet been forced to answer.

Today is April Fools' Day. But you know what's no joke? Tariffs, which are on the docket to begin in an unprecedented way tomorrow. Automakers across the globe are scrambling to figure out how to deal with them, and soon dealers will need to figure out how to convince consumers…

The Korean automaker has big plans for internet sales on everyone's favorite e-commerce site, but dealers are still involved.

U.S. new vehicle sales tumbled more than 21% in the second quarter compared with a year ago as the global semiconductor shortage continued to cause production problems for the industry

Hyundai Motor Co. Ltd (OTC:HYMTF) reported a 12.9% Y/Y decrease in U.S. sales to 63,091 units during the month of June. June U.S. retail sales declined 5.5%. June was the highest sales month in 2022. "Hyundai's Q2 retail sales continue to highlight a terrific product mix, and consumer demand for our SUV lineup…

Hyundai Motor Co's (OTC:HYMTF) Hyundai Motor America reported sales of 59,432 units for the month of May, a 34% decrease year-over-year. The automaker had no fleet sales in May 2022. The company has sold 280,776 units year-to-date, a 16% decline Y/Y. Randy Parker, SVP, national sales, Hyundai Motor America, said, "We expect demand…

Hyundai Motor Company (OTC:HYMTF) said its U.S. retail sales for the month of April declined 20% year-over-year. The auto major sold 61,668 units in April in the U.S. versus 77,523 units sold last year. Electrified vehicle retail sales increased 68% Y/Y in April. The company's year-to-date retail sales in the U.S. fell 10%…

Hyundai Motor Co (OTC:HYMTF) said its U.S. sales for January increased 10% year-on-year to 47,872 units. Sales of Hyundai Tucson and Venue jumped 64% and 70% respectively to 13,085 units and 2,290 units. "High levels of consumer interest across our product lineup resulted in record-breaking January sales even as we continue to navigate…