Hyundai Posts Yet Another Record Month With A November Increase Of 22%

Hyundai Posts Yet Another Record Month With A November Increase Of 22%
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."   



acronisacronis - 12/1/2011 2:20:12 PM
-3 Boost
Hyundai just keep rocking on.


thetruth01thetruth01 - 12/2/2011 11:56:16 AM
+3 Boost
I do love Hyundai's fuel economy breakdown, even if it's based on bogus EPA estimates.


acronisacronis - 12/2/2011 1:24:01 PM
0 Boost
It's yet to be determined if their mileage MPG are as you say, "bogus". If they are proven to be then they deserved to be slammed.


jtz7jtz7 - 12/3/2011 3:58:40 PM
+1 Boost
"
It's amazing what you can accomplish with the right government incentives and subsidies. Apparently Hyundai's have a higher residual than BMW according to Hyundai's gauranteed trade-in value. No wonder they toppled Bentley and Ferrari in the luxury market."

Lol. That's funny!!!




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