Hyundai Reports a 3.6% Increase in US Sales for October

Hyundai Motor America sold 30,479 units during the month of October, up 3.6 percent over October 2005. With the strong sales of the Elantra and the all-new 2007 Santa Fe, sales were up 13.5 percent and 22.2 percent respectively over October 2005. The Hyundai Azera also continued to perform well, up 48.3 percent compared with October 2005 XG350 sales.

“We are very pleased to see a strong start to the fourth quarter of 2006 as we close in on our year-end sales targets and as our dealer inventory of ’06 models continues a strong selldown,” said Mark Barnes, vice president, National Sales, Hyundai Motor America. “Our model line-up will get a boost from the all-new 2007 Elantra entering dealerships this month and we look forward to a strong end to the sales year.”



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EL34i - 11/1/2006 3:29:23 PM

0 Boost

Hyundai should have bought Jaguar, as Ford didn't know what to do with it all at.

monkeyrun - 11/1/2006 6:45:13 PM

0 Boost

Specially since Kia's been doing cheap knockoffs of Jaguar's designs.

mitchatlexusofmarin - 11/1/2006 3:44:18 PM

+2 Boost

For Hyundai, this is a small increase.

rocker - 11/1/2006 5:09:42 PM

+1 Boost

definitely better than theirs financials for the Q3.

MercBasher - 11/1/2006 6:57:19 PM

+1 Boost

The Koreans may be peaking now or in the next year or two before the Chinese enter the US market.

Wasn't there some talk of Hyundai eventually taking on Toyota - well for that to happen they have to grow faster than Toyota and it didn't happen in October in the US.

rocker - 11/1/2006 7:37:10 PM

0 Boost

Just my perception but I think Hyundai has peaked and there shortcomings have been exposed.

S4cabriofox - 11/1/2006 11:42:24 PM

+1 Boost

I would see the Japanese peaking before the Koreans, but all will have their times in the sun.