HYUNDAI THE SIXTH-BEST SELLING BRAND IN THE U.S. IN JUNE / ASSURANCE GAS LOCK KICKS OFF TODAY
FOUNTAIN VALLEY, Calif., July 1, 2009 - Hyundai Motor America today announced June sales of 37,943 units, a three percent increase over last month and a 24 percent decline versus June 2008. Hyundai outsold Dodge in June for the first time, making Hyundai the number-six best-selling brand in the U.S.
“Through the first six months of 2009, Hyundai has achieved an all-time high market share of about 4.2 percent, up from 3.1 percent for the same period last year. That’s a 35 percent improvement, which we believe to be the single best year-over-year share improvement in the industry,” said Dave Zuchowski, vice president of Hyundai Motor America. “And while our sales fell from last year, June 2008 was an all-time, any-time record sales month for Hyundai that was accomplished in a markedly different business climate, with high gas prices fueling huge demand for our fuel-efficient lineup.”
“Our retail momentum is strong – we’ve grown retail market share over 2008 each month this year,” said John Krafcik, president and CEO of Hyundai Motor America. “We’re kicking off the second half of the year with a full tool kit -- J.D. Power’s endorsement as the highest ranking non-premium brand in the 2009 Initial Quality StudySM (IQS), improving availability of our award-winning Genesis models, our innovative $1.49/gallon Assurance Gas Lock program, and the new CARS program, which Hyundai is uniquely well positioned to benefit from with our fuel-efficient lineup.”
J.D. Power ranked Hyundai as the number one non-premium brand, and fourth in the industry, in the just-released 2009 Initial Quality StudySM (IQS).
The Hyundai Elantra is the number one compact car in the 2009 Initial Quality Study.SM
The Hyundai Genesis is the 2009 North American Car of the Year.
Hyundai Assurance and Hyundai Assurance Gas Lock complement America’s Best Warranty on eligible new vehicles financed or leased from a participating Hyundai dealer. For full details about the program, visit: www.hyundai.com.