HYUNDAI MOTOR AMERICA BREAKS ALL-TIME NOVEMBER SALES RECORD
Hyundai Elantra, recent recipient of ALG’s award for the highest residual value in its class for the second year in a row, nearly doubles its sales
Sonata exceeds 200,000 annual U.S. sales for the first time ever
COSTA MESA, Calif., Dec. 1, 2011 –Hyundai Motor America today announced sales of 49,610 vehicles in November, a 22 percent total sales increase and 24 percent retail sales increase compared with the same record-setting period a year ago.
“The Thanksgiving Holiday weekend, including ‘Black Friday,’ proved to be a very strong selling period and helped us break our all-time November sales record,” said Dave Zuchowski, Hyundai Motor America’s executive vice president of national sales. “With vehicle availability at the highest levels for the year, and with positive demand signals and improving consumer confidence, Hyundai is positioned for a very strong December finish to this record-breaking year.”
Year to date, Hyundai sales are up 21 percent versus 2010 in total, with sales to retail customers up 30 percent. Sales to fleet accounts represent 11 percent of the total sales year-to-date and 10 percent for the month of November. Thirty-six percent of Hyundai vehicles sold in November achieved 40 MPG fuel economy ratings.
The award-winning Hyundai Accent and Elantra continue to deliver a strong one-two punch in the sub-compact and compact car segments with sales increases of 16 percent and 44 percent, respectively, over the same period last year. Tucson and Veracruz, part of Hyundai’s crossover line-up, registered sales increases of 35 and 36 percent, respectively.
“Improving consumer demand and increased product availability at Hyundai dealers nationwide drive a positive December outlook for us,” said John Krafcik, Hyundai Motor America’s president and CEO. “While our 35 days-supply level today is low by most standards, it’s the best we’ve seen at the start of a month for some time. Accent, Elantra and Veloster remain in short supply, but healthy dealer stocks on all other Hyundai models should allow consumers a great opportunity to find just the car they’re looking for in December.”
SALES WEIGHTED FUEL ECONOMY
November Window Label Combined MPG
2011 CYTD Window Label Combined MPG
Mix of Total Sales
Hyundai achieved a corporate average fuel economy level of 36.4 MPG (27.5 MPG label value) in November, and 36.1 MPG (27.2 MPG label value) year-to-date, while selling 17,889 vehicles (Elantra sedan, Sonata Hybrid, Accent and Veloster) with 40 MPG window label highway fuel economy ratings. Year-to-date, Hyundai has sold 195,212 40 MPG vehicles.