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Monday, 03 August 2009 11:34

Hyundai's Sales Jump 21% in July

Hyundai Motor America today announced July sales of 45,553 units, a 21 percent increase over last month and 12 percent increase compared with July 2008. This marks the seventh consecutive month of year-over-year retail share gains, and another all-time record retail market share performance. Cash-for-clunkers deals accounted for 22 percent of Hyundai sales.

"The combination of increasing consumer recognition of Hyundai's industry-leading quality, and the incremental stimulus from the Cash for Clunkers program, led to our second-best July ever," said Dave Zuchowski, vice president of national sales, Hyundai Motor America. "J.D. Power accolades for Hyundai as the highest ranked non-premium brand in quality, combined with our very fuel-efficient lineup, drove sales increases of 13, 30, and 17 percent for Accent, Elantra and Sonata, respectively, over a year ago."

 


The Cash for Clunkers program is having a positive impact across all sectors of the industry. For example, Hyundai Motor Manufacturing Alabama is now increasing production by returning to a five-day work week in July after being on a shortened work week since mid-October. "We hope the Senate will support the additional $2 billion the House has approved," Zuchowski added. "The program is good for the environment, cuts oil dependency, saves consumers money and is good for the economy - and our dealers have a great lineup of vehicles perfect for customers looking for safe and energy-efficient transportation."

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