Hyundai Motor America Reports September Sales

COSTA MESA, Calif., Oct. 1, 2013 /PRNewswire/ -- Hyundai Motor America today announced sales for the month of September of 55,102 units, down eight percent versus the same period in 2012, with two fewer selling days. On a selling-day adjusted basis, September sales were up one percent versus last year, representing the second-best September in company history. Fleet sales represented 16 percent of total sales.

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"After consistently experiencing year-over-year sales gains in 2013, we definitely felt a market pull-back during the month of September," said Dave Zuchowski, executive vice president of national sales. "A shorter selling month certainly contributed to this softening but waning consumer confidence influenced by concerns about a potential government shutdown and uncertainty over out-of-pocket health care costs, associated with the launch of the Affordable Care Act, were likely causal factors as well."

"We're getting our inventories back in shape, and that helped us at the top and bottom of our lineup," said John Krafcik, president and CEO of Hyundai Motor America. "Elantra had its best-ever September with sales up eight percent, while Accent was up 16 percent for its best September since 2002. Atop our lineup, Azera led the pack with a 67 percent sales increase and best-ever September, while the refreshed 2014 Equus was up 16 and Genesis up 10 percent on improved availability.

"With significantly updated 2014 versions of Tucson, Santa Fe and Sonata arriving in retail stores this week, we're looking forward to replenishing the remaining holes in our dealer stock and meeting consumer demand for these key models in the strong crossover and mid-size segments."

Sales of the high-demand Santa Fe, just announced this morning as a contender for the North American Car and Truck/Utility of the Year Competition, have been hampered by tight availability of high-spec Limited and Tech Package models.

Certified Pre-Owned vehicle sales are up the first nine months of 2013 with sales of 57,390 versus 51,923, a gain of 10.5 percent.

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 820 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle limited warranty, Hyundai's 10-year/100,000-mile powertrain limited warranty, and five years of complimentary Roadside Assistance. Hyundai Assurance includes Assurance Connected Care that provides owners of Hyundai models equipped with the Hyundai Blue Link telematics system with proactive safety and car care services complimentary for three years. These services include Automatic Collision Notification, Enhanced Roadside Assistance, Vehicle Diagnostic Alert, Monthly Vehicle Health Report and in-vehicle service scheduling.    

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

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SOURCE Hyundai Motor America