As some dealers quote wait times of up to two years, Hyundai has stopped taking orders for its i20 N hot hatch to allow supply to catch up with demand.
Order books for the 2022 Hyundai i20 N have shut indefinitely, as wait times approach two years – and the circa-1000 outstanding orders catch up with supply.
Hyundai is believed to be holding approximately 1000 i20 N orders – calculated from the 1600-plus orders taken since launch, and the 665 cars sold since then – equivalent to a year’s worth of sales or, the brand says, even closer to two years.
“As demand continues to strengthen and well exceeds forecasted production through to the end of 2022, customer wait times could range from 12 months through to 24 months,” Hyundai Australia said in a statement.
“To avoid customer disappointment, HMCA [Hyundai Motor Company Australia] will no longer be accepting orders for this car. As soon as our production allocation catches up with the order bank, HMCA will start taking orders once again.”
It now means buyers looking for a manual hot hatch in the city car category are limited to the Ford Fiesta ST – which remains available to order, but with six-month wait times and key safety tech deleted due to semiconductor shortages – or the Suzuki Swift Sport and Abarth 595.
It remains to be seen how long Hyundai i20 N orders remain closed for – however it’s possible they may not resume until Hyundai Australia clears its backlog, more than a year from now (second half of 2023).
Alongside the order closure, Hyundai Australia confirmed a $2000 price rise (to $34,990 plus on-road costs) applicable to all i20 N orders “invoiced” after 1 August – irrespective of when a customer placed their order.
“N and N Line variants across our range have been impacted by increasing cost of supply, the specialised nature of this product, and exchange rate pressures within the global market. Our European sourced models have been impacted further by instability within the region,” Hyundai Australia said in a statement.
In reference to the N price rises, Hyundai Australia said: “We value and respect Australians’ enthusiasm for our performance cars and we are doing all that we can to minimise wait times and avoid disappointment for customers.
“In this case, price rises were inevitable and a factor of unprecedented economic conditions, especially increased costs across the supply chain.
“It’s highly unfortunate and certainly not something we had planned, but we are doing our very best to shore up supply and keep disruption and disappointment to a minimum.”
Price rises of $1200 have also been applied across Hyundai’s other N cars, while all N Line variants and various standard model lines have been hit with $500 price increases. Click here for more details.
The European-built Hyundai i30 N hatch is also sold out for 12 months – though wait times for the the Korean-built Kona N and i30 Sedan N sit between seven and three months, according to a recent dealer bulletin.
Alex Misoyannis has been writing about cars since 2017, when he started his own website, Redline. He contributed for Drive in 2018, before joining CarAdvice in 2019, becoming a regular contributing journalist within the news team in 2020. Cars have played a central role throughout Alex’s life, from flicking through car magazines as a young age, to growing up around performance vehicles in a car-loving family.