The Latest Breaking News from Randy Parker

BYD Isn't Tesla's Only Asian Threat — This EV Maker Is Smashing Records

Electric vehicle giant Tesla Inc (NASDAQ:TSLA) is seeing weaker demand for its vehicles in the United States for numerous reasons, including increased competition from foreign automakers launching new vehicles in the United States.

Benzinga · Jul 2, 2025

Hyundai's Tariff Strategy: 'Sell Like Hell'

The current state of the auto industry feels a lot like a scene from The Office—automakers are putting on a brave face while trying to hide the fact that they secretly shaking in their boots over tariffs. I'll tell you this much: Hyundai is pulling off the brave act so…

InsideEVs · Apr 17, 2025

Automakers Hold Their Breath On Trump's Erratic US Tariffs

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.

International Business Times · Apr 16, 2025

Hyundai Ioniq 5 And 6 Are Profitable; Company 'Studying' Range Extenders, CEO Says

Randy Parker, Hyundai Motor America's CEO, says the Korean automaker wants to offer options but is "all-in on EVs."

InsideEVs · Mar 27, 2024

Here's How Hyundai Will Sell You A Car On Amazon

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

InsideEVs · Nov 17, 2023

Chip shortage keeps driving up auto prices, cutting sales

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

The Independent UK · Jul 1, 2022

Hyundai Motor America Registers 12.9% Sales Decline In June

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…

Benzinga · Jul 1, 2022

Read How Hyundai Motor America Performed In May

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…

Benzinga · Jun 1, 2022

Hyundai Clocks 20% US Retail Sales Decline In April

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%…

Benzinga · May 3, 2022

Hyundai Motor America Posts 10% Jump In January Sales

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…

Benzinga · Feb 1, 2022