Hyundai Reports Record January Sales in the US

Hyundai Motor America today announced record January sales of 37,214 units, up 22 percent versus 2010. Thanks to strong demand for the Sonata (sales up 150 percent), retail sales increased 58 percent last month.

"Our January sales results were encouraging, continuing the momentum of our best year ever, amidst signals that the economy is stabilizing on a trajectory of steady, sustained growth," said Dave Zuchowski, Hyundai Motor America's executive vice president, national sales.

Demand for the US-built Elantra and Sonata was up 26 percent and 150 percent, respectively. What’s more, the Genesis continued its impressive roll, with the 19th consecutive month of year-over-year sales increase. Meanwhile, the Korean carmaker’s brand new flagship, the Equus, continued to outsell many of its competitors.

A total of 4,792 cars that offered EPA fuel economy highway ratings of 40 mpg US or higher were sold, namely 2011 Elantra sedan and 2011 Sonata Hybrid models.

“It makes sense for all of us to be more transparent with sales data on high fuel-efficiency vehicles. At Hyundai, 40-mpg isn't a marketing charade. High-volume, high-value cars like our 2011 Elantra sedan, which gets 40-mpg across the board without extra cost fuel economy packages, demonstrate our commitment to leading the industry in fuel efficiency. We'd love to see other automakers report sales of their 40-mpg models," said John Krafcik, Hyundai Motor America's president and CEO.

Starting this month, Hyundai Motor America will also begin reporting monthly sales-weighted Corporate Average Fuel Economy (CAFE) results for the Hyundai brand. For January 2011, Hyundai's CAFE result was 34.7 miles per gallon, so the carmaker looks to be on track to achieve its target level of at least 35 mpg by 2015.
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About the author: Mihnea Radu
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Mihnea's favorite cars have already been built, the so-called modern classics from the '80s and '90s. He also loves local car culture from all over the world, so don't be surprised to see him getting excited about weird Japanese imports, low-rider VWs out of Germany, replicas from Russia or LS swaps down in Florida.
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