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2 year Hyundai sales streak ends with October report

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In September, Hyundai Motor America marked its 25th consecutive month of year-over-year monthly sales increase. That streak ended in October.

Hyundai announced Thursday sales of 50,271 vehicles in October, a four percent total sales decline compared with the same record-setting period a year ago.

Sales are up 8.2 percent through the first 10 months of the year versus 2011.

"October was a somewhat challenging month for us and the industry," said Dave Zuchowski, executive vice president of sales. "It appears industry volume may have temporarily stalled due to a blend of an extremely tight and undecided Presidential race, lingering economic uncertainty tied to 'fiscal cliff' anxiety, and the devastating impact Hurricane Sandy had on our dealers and millions of residents along the Eastern seaboard."

The all-new Azera and the Elantra family continued to gain, with sales up 1,949 percent and 12 percent, respectively, over last October. The all-new 2013 Santa Fe, recently crowned the "2012 Compact CUV of Texas" by the Texas Auto Writers Association (TAWA), saw sales gains of 16 percent. Hyundai fleet sales and mix remained low at a 10 percent mix for the month and nine percent year-to-date, among the lowest in the industry.

"The good news is that as we head into the last two months of the year, our Hyundai dealers have improved availability of our three best-selling models -- Sonata, Elantra, and Santa Fe – thanks to the hard work of our U.S. manufacturing team," said John Krafcik, president and CEO. "We'll also continue to work with our dealers in areas impacted by Sandy to ensure vehicles lost to the storm are replaced as quickly as possible."

CARLINE

OCT/2012

OCT/2011

CY/2012

CY/2011

ACCENT

3,373

4,833

54,811

45,603

SONATA

16,773

18,192

192,119

192,953

ELANTRA

14,512

13,000

167,087

160,922

SANTA FE

6,022

5,199

56,983

63,180

AZERA

840

41

6,833

1,448

TUCSON

3,451

3,777

41,295

38,673

VERACRUZ

343

749

7,683

7,585

VELOSTER

2,464

3,724

30,802

4,558

GENESIS

2,175

2,602

29,191

27,826

EQUUS

318

285

3,281

2,568

TOTAL

50,271

52,402

590,085

545,316

INFORMATION SOURCE: HMMA

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