FOUNTAIN VALLEY, CAL. - Hyundai Motor America announced Wednesday that it sold 40,721 vehicles in March, a five percent decline versus March 2008 but a 33 percent increase over February volume levels.
"We are satisfied with our overall performance in this difficult business climate," said Dave Zuchowski, Hyundai Motor America vice president of national sales. "The fact that we experienced only a nominal decline from an all-time March sales record in 2008 is acceptable to us. Even with continued economic stress and industry uncertainty, this performance is a clear indication that the Hyundai brand is sustaining its momentum and expanding its relevance."
"As we enter the important spring selling season, we fully expect to build on our one percent year-over-year sales increase for the first-quarter of 2009 with continued consumer interest in our Hyundai Assurance Program, growing recognition and acceptance of Genesis as North American Car of the Year, and terrific new models like the new Elantra Touring and Genesis Coupe which will be entering full launch mode."
Hyundai's only North American plant is located in Montgomery.
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 780 dealerships nationwide.
Here's how the companies vehicle models have sold.