Hyundai Motor America today announced October sales of 31,005 units, a 49 percent increase compared to October 2008. Calendar year-to-date, sales were up 4 percent. This marks the tenth consecutive month of year-over-year gains in retail market share. Hyundai posted the largest market share growth in the auto industry, up 1.2 percentage points (from 3.1 percent to 4.3 percent) for the first ten months of this year.
“We’ve done a good job of selling down our 2009 model year inventory over the last few months, with about two-thirds of Hyundai car sales in October being fresh, 2010 model year vehicles,” said Dave Zuchowski, vice president of sales. “We have our all-new Tucson launching at the end of this year and the 2011 Sonata coming early next year, so we are excited about the terrific new products we’ll be filling our dealerships with.”
The Genesis continued its strong growth trend with sales of 1,850 units, a 65 percent increase. The subcompact Accent and compact Elantra had significant increases of 106 percent and 225 percent respectively versus 2008, while the Santa Fe delivered a solid sales gain of 70 percent. Sonata sales slipped 2 percent to 7,790 units while Tiburon sales plummeted to zero.
[Source: Hyundai Motor America]