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Last updated on April 18, 2014 at 17:24 EDT

Hyundai Motor America Reports Record September Sales

October 2, 2012

COSTA MESA, Calif., Oct. 2, 2012 /PRNewswire/ — Hyundai( )Motor America wrapped up the third quarter of 2012 setting multiple sales records including a record 60,025 sales for the month of September. Sales were up 15 percent for the month and up 10 percent for the first nine months of the year versus 2011.

“September was a very encouraging month for Hyundai as we avoided the traditional back-to-school sales decline and began to reap the benefits of a materially improved inventory situation on our core vehicle lines,” said Dave Zuchowski, executive vice president of sales. “We’re well positioned for a strong fourth quarter as sales of the newly launched Elantra GT, Elantra Coupe, the all-new Azera and all-new Santa Fe continued at a brisk pace. Our fourth quarter production plan is up nearly 20 percent on a year-over-year basis.”

The all-new Azera and the Elantra family saw sales gains of a remarkable 1028 percent and 27 percent, respectively, over last September. The Tucson saw sales gains of 23 percent over the same period a year ago, and Veloster, the three-door coupe now available in both turbo and non-turbo models, continues to impress with a sales gain of 262 percent. Hyundai fleet sales and mix remained low at a nine percent mix for the month and year-to-date, among the lowest in the industry.

    CARLINE  SEPT/2012 SEPT/2011 CY/2012 CY/2011
    -------  --------- --------- ------- -------
    ACCENT       4,313     4,525  51,438  40,770
    ------       -----     -----  ------  ------
    SONATA      17,332    18,181 175,346 174,761
    ------      ------    ------ ------- -------
    ELANTRA     18,305    14,386 152,575 147,922
    -------     ------    ------ ------- -------
    SANTA FE     7,378     6,213  50,961  57,981
    --------     -----     -----  ------  ------
    AZERA          891        79   5,993   1,407
    -----          ---       ---   -----   -----
    TUCSON       4,573     3,724  37,844  34,896
    ------       -----     -----  ------  ------
    VERACRUZ     1,224       817   7,340   6,836
    --------     -----       ---   -----   -----
    VELOSTER     3,020       834  28,338     834
    --------     -----       ---  ------     ---
    GENESIS      2,669     3,000  27,016  25,224
    -------      -----     -----  ------  ------
    EQUUS          320       292   2,963   2,283
    -----          ---       ---   -----   -----
    TOTAL       60,025    52,051 539,814 492,914
    -----       ------    ------ ------- -------

SALES-WEIGHTED FUEL ECONOMY

                  Sept. CAFE (mpg) 2012 CYTD Sept. Window Label Combined 2012 CYTD Window Label
                                                         MPG                 Combined MPG
                                   CAFE
                                   ----
    Car                        37.9           38                     28.6                    28.6
    ---                        ----          ---                     ----                    ----
    Truck                      29.1         28.9                     21.9                    22.0
    -----                      ----         ----                     ----                    ----
    Hyundai Brand              37.4         37.3                     28.3                    28.1
    -------------              ----         ----                     ----                    ----

                                 SEPTEMBER         2012 CYTD
                                 ---------         ---------
    40-MPG (EPA estimated) Sales           22,998            208,324
    ----------------------------           ------            -------
    Mix of Total Sales                         38%                39%
    ------------------                        ---                ---

Hyundai achieved a corporate average fuel economy level of 37.4 (EPA estimated 28.3 MPG window label value) in September.

“With our improved inventory position driven by the addition of the third shift in September at our Alabama plant, and the improving availability of our all-new Georgia-built Santa Fe, we’re looking forward to higher dealer stock levels and strong sales results through year-end,” 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


Source: PR Newswire