What Cars Is Hyundai Discontinuing?

The automotive landscape is constantly evolving, with manufacturers regularly making strategic decisions about their model lineups. Discontinuing a vehicle is a complex process driven by factors like shifting consumer preferences, stricter emissions regulations, and the pursuit of new technologies. Understanding which models are being phased out and why is crucial for car buyers, enthusiasts, and industry observers alike. This article delves into the recent decisions by Hyundai to discontinue certain models, providing detailed explanations and answering common questions about these changes.

Discontinued Hyundai Models: A Comprehensive Overview

Detailed Explanations

Hyundai Accent (2022)

The Hyundai Accent, a long-standing subcompact sedan, was discontinued in the US and Canada after the 2022 model year. This decision was primarily driven by a significant decrease in demand for subcompact sedans as consumers increasingly favored SUVs and crossovers. Furthermore, the Hyundai Venue, a subcompact SUV, offered a similar price point and more versatility, effectively cannibalizing Accent sales. Hyundai's strategic shift towards higher-profit margin vehicles and electric models also contributed to the Accent's discontinuation.

Hyundai Ioniq (Hybrid, PHEV, EV) (2022)

The original Hyundai Ioniq, available as a hybrid, plug-in hybrid, and electric vehicle, was discontinued in 2022. This decision was part of a broader strategy to consolidate Hyundai's electric vehicle offerings under the dedicated Ioniq sub-brand. The introduction of the Ioniq 5, a dedicated electric crossover, signaled a new direction for Hyundai's EV efforts. The original Ioniq Electric's limited range, which was less competitive compared to newer EVs, also played a significant role. The hybrid and plug-in hybrid versions, while efficient, faced increasing competition from other hybrid and electrified models within and outside of the Hyundai lineup. Hyundai wanted to streamline its offerings and focus on the more advanced and visually striking Ioniq 5 and future Ioniq-branded vehicles.

Hyundai Veloster (2022)

The Hyundai Veloster, known for its unique three-door design (one door on the driver's side and two on the passenger side), was discontinued in 2022, except for the high-performance Veloster N variant. While the Veloster N enjoyed a dedicated following among driving enthusiasts, the standard Veloster models struggled to achieve significant sales volume. The overall decline in demand for traditional cars, particularly sporty coupes and hatchbacks, contributed to the Veloster's demise. The Veloster occupied a niche market, and Hyundai ultimately decided to focus on more mainstream and profitable models.

Hyundai Elantra GT (2020)

The Hyundai Elantra GT, a hatchback version of the Elantra sedan, was discontinued after the 2020 model year. Similar to the Veloster and Accent, the Elantra GT suffered from declining sales in the face of the growing popularity of SUVs and crossovers. Consumers increasingly preferred the higher ride height, increased cargo space, and perceived safety of SUVs, leading to a decrease in demand for traditional hatchbacks. Hyundai opted to streamline its Elantra lineup and focus on the more popular Elantra sedan, as well as its expanding range of SUVs and crossovers.

Hyundai Azera/Grandeur (2017 - US Market)

The Hyundai Azera, also known as the Grandeur in some markets, was discontinued in the United States after the 2017 model year. This decision was primarily driven by declining sales in the full-size sedan segment. Consumers increasingly shifted their preferences towards SUVs and crossovers, impacting the demand for large sedans. Furthermore, the emergence of the Genesis brand, Hyundai's luxury division, likely cannibalized some of the Azera's market share, as customers seeking a more premium experience gravitated towards Genesis models. While the Azera was discontinued in the US, the Grandeur continues to be sold in other international markets.

Frequently Asked Questions

• Why are cars being discontinued?

  Car models are discontinued due to various reasons, including declining sales, changing consumer preferences, and a manufacturer's strategic shift towards new technologies or more profitable segments.

• Will Hyundai stop making sedans altogether?

  No, Hyundai is not discontinuing all sedans. Models like the Elantra and Sonata remain in production and are important parts of their lineup.

• What happens to parts availability for discontinued models?

  Hyundai is generally required to maintain parts availability for discontinued models for a certain period, typically several years. Aftermarket suppliers also often provide parts for older vehicles.

• Does discontinuing a model affect its resale value?

  The impact on resale value can vary. Sometimes, discontinued models become sought after by enthusiasts, potentially increasing their value. However, generally, the resale value tends to decrease over time as parts become harder to find.

• What is Hyundai focusing on instead of these discontinued models?

  Hyundai is heavily investing in electric vehicles (EVs) under the Ioniq sub-brand and expanding its range of SUVs and crossovers to meet consumer demand. They are also focusing on advanced technologies like autonomous driving and connected car services.

Conclusion

Hyundai's decisions to discontinue models like the Accent, Ioniq, Veloster, Elantra GT, and Azera reflect the dynamic nature of the automotive industry. Shifting consumer preferences, the rise of SUVs and EVs, and strategic realignments all play a role. While these models may no longer be in production, Hyundai continues to innovate and adapt to meet the evolving needs of its customers, focusing on electric vehicles, SUVs, and advanced technologies for the future. If you are looking for a new car, consider Hyundai's current lineup and their commitment to electrification and innovative design.