We’re just a few weeks away from 2026, yet the majority of 2024 Dodge Hornet plug-in hybrid inventory is still sitting on dealer lots. According to a study of 2.6 million new car listings, supply of the electrified Dodge crossover has comprehensively outstripped demand, with 82.1% of 2024 Hornet PHEV inventory still available, as of December 2025. The compact Dodge’s pricing has been a problem from the start, as has the impact of tariffs. With so many 2024 models still unsold, how much time does the SUV have left?
Related: New Tariffs Threaten to Kill Dodge's Most Affordable SUV
High 2024 Inventory Remains
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According to a study of vehicle inventory by iSeeCars, the 2024 Dodge Hornet PHEV’s available inventory is still sitting at an astonishingly high 82.1%. The industry average for all 2024 models is 0.4%, so the Dodge’s number stands out like a sore thumb. Another two Stellantis models, the Jeep Grand Cherokee and Alfa Romeo Tonale Hybrid (the Hornet is ultimately a rebadged Tonale), also have high 2024 inventory levels remaining, at 70.8% and 46.8%, respectively.
According to the latest sales figure from Stellantis, total Dodge Hornet sales for 2025 are down by 45% this year, with 8,486 units sold. That figure includes sales for both hybrid and non-hybrid derivatives.
Dodge’s website does not list the 2026 Hornet yet, despite most models across the industry having switched over, adding to rumors that the model may not make it to the 2026 model year at all.
Steep Pricing To Blame
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The base Dodge Hornet GT is quite a sporty package for the price. It starts at $29,995, yet has a lot more punch than rivals, with its turbocharged Hurricane engine producing 268 horsepower and 295 lb-ft of torque. It’s a totally different story for the Hornet R/T PHEV, which starts at $41,645 for 2025.
This electrified model has a 1.3-liter turbo four-cylinder engine and electric motor pairing. This combination gets you 288 hp and 383 lb-ft, along with a swift 0-60 mph time of just 5.6 seconds. Not only is it quick, but you can drive for 32 miles on electric power alone.
But at comfortably over $40,000, the Hornet GT finds itself priced within the range of more luxurious rivals like the BMW X1 and Mercedes-Benz GLA-Class.
Final Thoughts
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With so many 2024 Hornet PHEVs still unsold, Dodge has a major problem on its hands. If it can’t get the price down significantly, it’s hard to see the electrified SUV surviving. While it’s easier to make a case for larger and pricier PHEVs, the complex powertrain complicates the value proposition in smaller models. Even the Toyota RAV4 PHEV’s sales accounted for a mere 4.7% of total RAV4 sales across the first three quarters of the year; like the Dodge, the price gap between the RAV4 PHEV and other RAV4 models is huge.
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