Hyundai Motor America Reports Record July Sales

- Newly launched Elantra GT and Elantra Coupe push Elantra sales up 22 percent

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Aug 01, 2012, 12:51 ET

COSTA MESA, Calif., Aug. 1, 2012 /PRNewswire/ -- HyundaiMotor America announced an all-time July sales record of 62,021 units, up four percent over last year's all-time July record and up 9.5 percent, year-to-date.

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"July was another solid month for Hyundai with surging consumer demand dampened a bit by ongoing shortages of core products like Accent, Elantra, and Sonata. Our 27 day supply of vehicles is lowest of all brands and less than half of industry average inventory levels," said Dave Zuchowski, executive vice president of sales. "This is a challenging situation in this hyper-competitive retail environment, so we are looking forward to August with great anticipation. Relief is definitely on the way with the first shipments of our all-new Santa Fe, built in West Point, Georgia, heading to dealers now and improved availability of recently launched and red hot Veloster Turbo, Elantra GT and Elantra Coupe."

The all-new Azera continued its strong sales pace resulting in an incredible 578 percent gain over last July. The Elantra family and Tucson saw sales gains of 22 percent and 17 percent, respectively, over the same period a year ago. Hyundai fleet sales and mix remained relatively low at 12 percent mix for the month and a 9.7 percent mix year-to-date, among the lowest in the industry.

CARLINE	JULY/2012	JULY/2011	CY/2012	CY/2011
ACCENT	5,257	6,938	41,727	30,956
SONATA	20,978	20,884	138,390	135,898
ELANTRA	18,512	15,181	116,281	118,482
SANTA FE	4,619	8,119	39,059	42,940
AZERA	977	144	4,143	1,239
TUCSON	4,062	3,479	27,895	27,016
VERACRUZ	1,370	997	5,153	5,162
VELOSTER	2,781	n/a	21,610	n/a
GENESIS	3,103	3,517	22,085	18,971
EQUUS	362	302	2,347	1,694
TOTAL	62,021	59,561	418,690	382,358

SALES-WEIGHTED FUEL ECONOMY

	JULY CAFE (mpg)	2012 CYTD CAFE	JULY Window Label Combined MPG	2012 CYTD Window Label Combined MPG
Car	37.9	38	28.6	28.6
Truck	28.5	28.8	21.7	22.0
Hyundai Brand	37.1	37.2	28.0	28.0

	JULY	2012 CYTD
40-MPG Sales	23,517	161,439
Mix of Total Sales	38%	39%

In keeping with its industry-leading fuel efficiency status, Hyundai achieved a corporate average fuel economy level of 37.1 (EPA estimated 28 MPG window label value) in July, while selling 23,517 vehicles (38 percent of total sales) with EPA estimated 40 MPG window label highway fuel economy ratings.

"With the imminent addition of the third shift at our plant in Alabama increasing Elantra and Sonata production, and the launch of the new Santa Fe in Georgia underway right now, we'll be better able to meet demand for our core products in the coming months," said John Krafcik president and CEO of Hyundai Motor America.

HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Costa Mesa, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile powertrain warranty, and five years of complimentary Roadside Assistance.

For more details on Hyundai Assurance, please visit www.HyundaiAssurance.com

Journalists are invited to visit our news media website: www.hyundainews.com

SOURCE Hyundai Motor America