Hyundai Motor America Reports June and Mid-Year Sales

COSTA MESA, Calif., July 1, 2011 /PRNewswire/ -- Hyundai Motor America today announced sales of 59,209 vehicles in June, a 16 percent increase compared with the same period a year ago.  This represents an all-time sales record for both the month of June and the first half of the year for Hyundai, breaking the marks set last year.  This also marks the sixth consecutive month that Hyundai has set an all-time monthly sales record.

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For the first six months of the year, total sales are up 26 percent, with retail volume rising 38 percent.  Sales to fleet accounts represent 13 percent of the total sales year-to-date and 12 percent for the month of June.  Forty percent of Hyundai vehicles sold in June achieved 40 MPG fuel economy ratings, an all-time record for the brand.

"With the recent launch of our all-new Accent, Hyundai now has the freshest and most fuel-efficient sedan lineup in the industry with Sonata Hybrid and Elantra sedan rounding out our current trio of 40 MPG vehicles, with the 40 MPG Veloster right around the corner," said Dave Zuchowski, Hyundai Motor America's executive vice president of national sales.  "We are confident going into the third quarter that the company is on track for its best year ever."

Genesis' sustained growth trajectory continued with June representing the 24th consecutive month of year-over-year sales increases, while Equus continues to delight premium luxury sedan buyers while exceeding sales and market share targets.

Hyundai continues its industry-leading approach to fuel efficiency data transparency, achieving a corporate average fuel economy level of 35.9 MPG in June, and 35.7 MPG for the year-to-date, while selling 23,431 vehicles (Elantra sedan, Sonata Hybrid, and 2012 Accent) with 40 MPG fuel economy ratings, representing forty percent of total Hyundai sales.

"The best way to reduce America's fuel consumption is to put more fuel-efficient vehicles in American driveways, right now," said John Krafcik, Hyundai Motor America's president and CEO. "The best way to do that is to mass produce the most efficient technologies, like direct-injected engines and 6-speed transmissions, and deploy them as standard equipment, not expensive options.  That's why we're leading the industry in fuel efficiency and 40 MPG vehicle sales, and it's certainly a big driver of our overall sales growth this year."

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 Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile power train warranty, 5-years of complimentary Roadside Assistance and the Hyundai Trade-in Value Guarantee.

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