Hyundai Motor America November 2009

[Justin Bimmer]

FOUNTAIN VALLEY, Calif., Dec. 1 /PRNewswire/ -- Hyundai Motor America today announced November sales of 28,045 units, a 46 percent increase compared with November 2008. Calendar year-to-date, Hyundai sales are up 6.2 percent to a total of 401,267 through November. This marks the eleventh consecutive month of year-over-year gains in retail market share.

(Logo: http://www.newscom.com/cgi-bin/prnh/20091001/HYUNDAILOGO)

"While we have continued to deliver substantial year-over-year sales gains and sustained market share growth, we were, quite frankly, hoping that the economy and overall industry would have bounced back a bit more than we are seeing right now," said Dave Zuchowski, vice president of sales. "Looking ahead to December, we're confident we'll finish the year with market share at least a full percentage point above our record 3 percent share in 2008."

Hyundai remains uniquely positioned to grow in difficult market conditions with its strong value story, highest quality rating among non-luxury brands, and best fuel economy rating in the industry. The fuel-efficient Accent, Elantra and Sonata had significant sales increases of 93, 88 and 52 percent, respectively, versus 2008, while the Santa Fe once again delivered a solid sales gain up 53 percent over a year ago. Genesis continued its strong launch performance, with sales up 52 percent over last year.

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 by more than 790 dealerships nationwide.

CARLINE NOV/2009 NOV/2008 CY/2009 CY/2008

ACCENT 3,831 1,983 63,937 48,598

SONATA 8,178 5,379 109,543 110,764

ELANTRA 6,127 3,268 97,506 92,085

TIBURON 1 411 8,580 8,699

SANTA FE 6,564 4,282 71,079 64,705

AZERA 248 316 3,478 14,114

TUCSON 888 918 14,508 18,153

ENTOURAGE -2 584 3,422 5,405

VERACRUZ 459 929 9,679 10,055

GENESIS 1,751 1,151 19,535 5,127

TOTAL 28,045 19,221 401,267 377,705

[smk4565]

It is going to be interesting to see where they are in 10 years. Hyundai is going to pass a lot of other brands up, they could be as big as Honda is today, perhaps bigger.