HYUNDAI MOTOR AMERICA BREAKS ALL-TIME NOVEMBER SALES RECORD







Published by Gerald Ferreira Date: December 1, 2011
Categories: Hyundai, Hyundai Finance

  • 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

hyundai

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.”

CARLINE NOV/2011 NOV/2010 CY/2011 CY/2010
ACCENT 4,682 4,052 50,285 49,191
SONATA 15,668 14,031 208,621 180,659
ELANTRA 12,414 8,631 173,336 119,150
SANTA FE 6,129 6,967 69,309 71,396
AZERA 58 248 1,506 2,889
TUCSON 4,101 3,042 42,774 35,553
VELOSTER 2,538 0 7,096 0
VERACRUZ 1,018 747 8,603 7,889
GENESIS 2,702 3,005 30,528 26,699
EQUUS 300 0 2,868 0
TOTAL 49,610 40,723 594,926 493,426

SALES WEIGHTED FUEL ECONOMY

NovemberCAFE (mpg) 2011 CYTDCAFE November Window Label Combined MPG 2011 CYTD Window Label Combined MPG
Car 37.5 36.9 28.3 27.8
Truck 28.7 28.7 21.9 21.9
Hyundai Brand 36.4 36.1 27.5 27.2
November 2011 CYTD
40-MPG Sales 17,889 195,212
Mix of Total Sales 36% 33 %

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.