Since 2020 – its first full year on the market – the Hyundai Palisade has been a strong seller, repeatedly delivering more than 80,000 units annually. Facelifted for the 2022 model year, the large SUV is nearing the end of its lifecycle and we know a next-generation model is already on the way. And it turns out, it should be exciting.
In an interview with Car Buzz during the 2023 Los Angeles Auto Show, company vice president of product planning Olabisi Boyle said the Palisade will be redesigned and it will be very different from the current model. She also noted that, although the new Santa Fe also has seven seats, the two SUVs won’t compete against each other.
"We're also redesigning the Palisade," Boyle said in the interview. "I think you will be very excited. We want to take the things that they [the customers] like to the next level. I'm excited for when it comes, but I have to keep myself from saying too much."
Boyle also said that the visual revisions for the Palisade would be equally as significant as the new Santa Fe's redesign but not necessarily similar in styling. "Designing them for each segment space that's appropriate," she notes.
Another family vehicle with an internal codename "LX3" is also allegedly going into production in January 2025. This gives Hyundai a little over a year to complete the development work on the new Palisade, which is expected to switch to a new platform with a longer wheelbase. The automaker is reportedly going to give its largest SUV an electrified 2.5-liter engine, while the 2.2-liter diesel mill will be discontinued from the international markets.
Another major change in the engine lineup is expected to come in the form of a new 3.5-liter turbocharged V6 replacing the current 3.8-liter V6. The latter has a peak output of 291 horsepower and 262 pound-feet and the new turbo unit could bring a healthy power increase and an improved fuel efficiency.