Hyundai cuts entry-level Ioniq 6 as sales slide [USA TODAY]
Cars.com Inc. (CARS)
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Source: USA TODAY
Hyundai is discontinuing its most affordable electric sedan after just three years on the market. The Hyundai Ioniq 6 began to make its rounds at auto shows in 2022 and arrived as a 2023 model year. It quickly gained the admiration of automotive critics because of its affordable pricing and capable performance specs. Now, Hyundai is axing the most affordable versions of the EV, leaving consumers with only one Ioniq 6 option. Here's why the South Korean automaker is getting rid of the Hyundai Ioniq 6's most affordable trims. Why Hyundai is discontinuing the Ioniq 6 Hyundai is "discontinuing the regular Ioniq 6 sedan in the U.S. for the 2026 model year," according to Cars.com. The nameplate isn't being scrapped entirely (so far). Hyundai will continue to produce the Ioniq 6 N performance trim, which is the quickest and most powerful iteration of the Ioniq 6. It's also the most expensive. The South Korean automaker is getting rid of lower Ioniq 6 trims due to "disappointing sa
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News
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- Cars.com price target lowered to $13 from $22 at B. Riley [Yahoo! Finance]Yahoo! Finance
- Cars.com (CARS) Stock Trades Down, Here Is Why [Yahoo! Finance]Yahoo! Finance
- Cars.com (CARS) had its "outperform" rating reaffirmed by Barrington Research. They now have a $25.00 price target on the stock.MarketBeat
CARS
Earnings
- 2/26/26 - In-Line
CARS
Sec Filings
- 3/5/26 - Form 4
- 3/4/26 - Form 4
- 3/4/26 - Form 4
- CARS's page on the SEC website