Hyundai sets record yearly sales mark in 10 months

Michael James

Hyundai, capitalizing on the increasing popularity of its Sonata, Elantra and new Veloster models, has eclipsed its previous yearly sales record after the first 10 months of 2011.

Hyundai sold 538,228 vehicles in the United States in 2010, but through October this year has sold 545,316 vehicles — an increase of 27 percent from October, 2010.

Hyundai sets record yearly sales mark in 10 months 1

Year to date, Hyundai sales are up 21 percent versus the 2010 in total, and up 31 percent at retail. Sales to fleet accounts represent 11 percent of the total sales year-to-date and eight percent for the month of October. Thirty-seven percent of Hyundai vehicles sold in October achieved 40 MPG fuel economy ratings.

Santa Fe and Tucson, Hyundai’s crossover line-up, registered sales increases of 44 and 24 percent, respectively. The new Hyundai Elantra had increase of 37 percent over the same period last year and the Genesis had increase of 10 percent.

In 2010, the Hyundai Sonata, the manufacturer’s most popular model, sold 166,628 units. In 2011, 192,953 Sonata units have been purchased. In 2010, 110,519 Elantras were solds. To date in 2011, 160,922 Elantras have sold.

The Hyundai Veloster, which debut in the summer of 2011 as a 2012 model, has sold more than 5,000 units.

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