COSTA MESA, Calif., Nov. 1, 2011 – HyundaiMotor America today announced sales of 52,402 vehicles in October, a 23 percent total sales increase compared with the same period a year ago. The year-to-date sales figures of 545,316 shattered the full year sales record of 538,228 set in 2010. Retail sales were up 27 percent over last October.
“Breaking our all-time any-time sales record set in 2010, with two months left in the 2011 calendar year, is an accomplishment we take great pride in and is clearly indicative of consumer acceptance of our bold line-up of award winning products,” said Dave Zuchowski, Hyundai Motor America’s executive vice president of national sales. “The overall sales environment appears to be stabilizing, despite continued fluctuations in traditional economic indicators, and we believe those market dynamics position Hyundai well to finish the year on a strong note.”
Year to date, Hyundai sales are up 21 percent versus 2010 in total, and up 31 percent at retail. Sales to fleet accounts represent 11 percent of the total sales year-to-date and just 8 percent for the month of October. Thirty-seven percent of Hyundai vehicles sold in October achieved 40 MPG fuel economy ratings.
Santa Fe and Tucson, Hyundai’s crossover line-up, registered sales increases of 44 and 24 percent, respectively. The all-new Hyundai Elantra saw a sales increase of 37 percent over the same period last year and the Genesis saw a sales increase of 10 percent.
“The Veloster, our new 40-MPG 3-door sport coupe, had its first full month of sales and we delivered more than 3,700 units across the country to some very happy buyers,” said John Krafcik, Hyundai Motor America’s president and CEO. “We’ve got some pretty exciting Velosters on the showroom floor at the SEMA Show this year from the rally-inspired Veloster built by ARK Performance to some other highly modified Velosters and Genesis Coupes.”
SALES WEIGHTED FUEL ECONOMY
October Window Label Combined MPG
2011 CYTD Window Label Combined MPG
Mix of Total Sales
Hyundai achieved a corporate average fuel economy level of 37 MPG in October, and 36 MPG for the year-to-date, while selling 19,382 industry-leading vehicles (Elantra sedan, Sonata Hybrid, 2012 Accent and Veloster) with 40 MPG window label highway fuel economy ratings.
HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Costa Mesa, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai’s 10-year/100,000-mile powertrain warranty, and five years of complimentary Roadside Assistance.
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