Hyundai sees October sales boom - WSFA.com Montgomery Alabama news.

Hyundai sees October sales boom

Posted by: John Shryock - bio | email

MONTGOMERY, AL (WSFA) - Hyundai Motor America has reason to celebrate, even in a weak economy. The Korean automaker announced Tuesday that it's auto sales were up a whopping 49 percent in October compared to the same time in October 2008.

Year-to-date numbers show a sales bump of 4 percent.  October was also the company's tenth consecutive month of year-over-year gains in market share.

Hyundai produces several automobile lines in Montgomery, its only North American plant.

"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. "With the recent encouraging economic news of a 3.5 percent GDP growth during the third quarter, the best in two years, we are looking forward to the final two months of the year."

The fuel-efficient Accent and Elantra had significant increases of 106 percent and 225 percent respectively versus 2008 while the Montgomery-built Santa Fe delivered a solid sales gain of 70 percent.

The company says it will introduce even more fuel-efficient face lifted 2010 model coming early next year.

CARLINE OCT/2009    OCT/2008    CY/2009    CY/2008
ACCENT 4,581    2,222  60,106     46,615
SONATA  7,790 7,943     101,365  105,385
ELANTRA   8,673         2,673 91,379 88,817
TIBURON  0    558 8,579   8,288
SANTA FE 6,448 3,794  64,515 60,423
AZERA  298          361 3,230     13,798
         
TUCSON 848 988 13,620 17,235
         
ENTOURAGE 1 461  3,424 4,821 
         
VERACRUZ 516  699 9,220  9,126
         
GENESIS 1,850  1,121  17,784  3,976 
         
TOTAL 31,005  20,820 373,222 358,484

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