HYUNDAI MOTOR AMERICA REPORTS JULY SALES

  • Hyundai sets a new all-time July record
  • Second-best month ever
  • Up 5.6 percent over June

FOUNTAIN VALLEY, Calif., Aug. 3, 2010 - Hyundai Motor America today announced sales of 54,106 vehicles in July, a 19 percent increase compared with the same period a year ago. This represents an all-time sales record for the month of July and marks only the fourth time Hyundai has surpassed 50,000 units in a month. The all-new Sonata produced at the company’s plant in Montgomery, Alabama, continued selling at a record pace, while its stable mate Tucson saw sales soar more than 200 percent for the fourth month in a row.

Year to date, Hyundai sales are up 24 percent versus 2009, a performance that represents an all-time record for the first seven months of any year.

“Although consumer confidence has dipped for a second month in a row, Hyundai continues to buck this trend,” said Dave Zuchowski, Hyundai Motor America’s vice president of national sales. “Consumer demand continues to significantly out-strip product availability at Hyundai dealerships. We remain very bullish about our prospects for the second half of this year as we substantially increase production to improve vehicle supply while launching four new products over the next five months.”

On a year-over-year basis, Elantra, Sonata and Tucson sales increased 34, 33 and 234 percent, respectively. Genesis sales continued at a brisk pace thanks in part to its mid-luxury segment-leading 53 percent residual value, exceeding such strong competitors as BMW 5 Series, Mercedes-Benz S Class, Infiniti M37 and Lexus GS.

CARLINE Jul-10 Jul-09 CY/2010 CY/2009
ACCENT 3,960 7,634 31,038 40,562
SONATA 17,836 13,381 107,085 73,862
ELANTRA 18,215 13,616 75,779 53,520
TIBURON 0 151 0 8,497
SANTA FE 7,047 6,793 51,423 40,266
AZERA 218 306 1,799 2,257
TUCSON 3,698 1,106 23,387 8,658
ENTOURAGE 0 32 0 3,375
VERACRUZ 823 519 4,177 7,289
GENESIS 2,309 2,015 15,200 11,953
TOTAL 54,106 45,553 309,888 250,239

HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Fountain Valley, 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 almost 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program which now includes the 5-year/60,000 mile fully transferable bumper-to-bumper warranty, Hyundai’s 10-year/100,000 mile powertrain warranty, 5-year complimentary Roadside Assistance, and the job-loss vehicle return program. For more details on Hyundai Assurance, please visit www.HyundaiAssurance.com.

###