Hyundai expects to import 2011 Elantra from Korea to meet U.S. sales demand

Hyundai Motor Co. said that it will have to ship the new generation Elantra small car from Korea in anticipation of the 10% U.S. sales increase to 590,000 units predicted for this year. Sales started last December for the redesigned 2011 Elantra, the first American-made version of the popular compact. Hyundai’s assembly plant in Montgomery, Ala., produces the new Elantra alongside the Sonata sedan. Hyundai CFO Lee Won-hee said that its forecast of 590,000 units sold in the U.S. in 2011 is up from 538,228 vehicles in 2010.
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internationalmanofmystery - 2/1/2011 9:06:06 AM

+2 Boost

Nice way to "restructure" the deficit -- send the US dollar to Korea instead of China. Fifty cents on the dollar, China, take it or leave it! Make that 30 cents! ;)

internationalmanofmystery - 2/1/2011 9:07:40 AM

+1 Boost

New "preferred" trading partner! Yipeeeee