Seventh consecutive month setting an all-time monthly sales record
Thirty-eight percent of vehicles sold in July achieve 40 MPG
COSTA MESA, Calif., August 2, 2011 – Hyundai Motor America today announced sales of 59,561 vehicles in July, a 10 percent increase compared with the same period a year ago. This represents an all-time sales record for both the month of July and the first seven months of the year for Hyundai, breaking the marks set last year. This also marks the seventh consecutive month that Hyundai has set an all-time monthly sales record.
Year to date, Hyundai sales are up 23 percent versus 2010 in total, and up 36 percent at retail. Sales to fleet accounts represent nine percent of the total sales year-to-date and 10 percent for the month of July. Thirty-eight percent of Hyundai vehicles sold in July achieved 40 MPG fuel economy ratings.
“Consumer demand continues to be robust across the board for Hyundai, particularly with our imposing sedan line-up of Accent, Elantra, and Sonata Hybrid all delivering on our 40 MPG promise,” said Dave Zuchowski, Hyundai Motor America’s executive vice president of national sales. “Accent sales are up an astounding 75 percent in the first full month of deliveries and our new sub-compact is expected to become the top selling nameplate at retail in its segment for July.”
Genesis’ sustained growth trajectory continued with July representing the 25th consecutive month of year-over-year sales increases with a lift of 53 percent over last July. Equus, our premium luxury sedan, is up 37 percent versus June and set an all-time sales record. The U.S.-built Sonata and Santa Fe also saw increases of 17 and 15 percent, respectively.
Sales-Weighted Fuel Economy (mpg)
Mix of Total Sales
Hyundai continues its industry-leading approach to fuel efficiency data transparency, achieving a corporate average fuel economy level of 36.3 MPG in July, and 35.8 MPG for the year-to-date, while selling 22,791 vehicles (Elantra sedan, Sonata Hybrid, and 2012 Accent) with 40 MPG fuel economy ratings.
"The team at Hyundai is proud to show how receptive American car buyers are to fuel-efficient vehicles right now, with 38 percent of our sales hitting 40 MPG this month,” said John Krafcik, Hyundai Motor America’s president and CEO.
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 power train warranty, 5-years of complimentary Roadside Assistance and the Hyundai Trade-in Value Guarantee.