Hyundai Elantra, Azera and All-New Santa Fe, receive ALG's award for the highest residual value in their class; all post solid sales gains
Elantra sees sales gain of 28 percent
COSTA MESA, Calif., December 3, 2012 – Hyundai Motor America today announced record sales of 53,487 vehicles in November, an eight percent total sales increase compared with the same record-setting period a year ago. Sales are also up eight percent for the first eleven months of the year.
“The Black Friday sales period once again provided a strong boost for Hyundai in the back half of the month and helped break our all-time November sales record,” said Dave Zuchowski, executive vice president of sales. “We were also very encouraged by the strong sales recovery experienced in those northeastern regions that were ravaged by Super Storm Sandy and expect continued momentum there for the balance of the year.”
The recent recipients of ALG’s award for the highest residual value -- Azera, Elantra and Santa Fe -- all experienced solid sales gains over last November, with Elantra up 28 percent. Sonata sales continue to be strong registering a 13 percent uptick for the month. Additionally, the new three-row, seven-passenger Santa Fe made its world debut at last week’s 2012 Los Angeles Auto Show, joining the two-row, five-passenger Santa Fe Sport, and will be on sale early 2013.
“We’re encouraged that the 10 percent month-over-month lift firms like Compete have seen in our shopper counts has translated to our best-ever November retail sales and total sales,” said John Krafcik, president and CEO, Hyundai Motor America. “With increased Elantra availability, thanks to the recently added third shift in our Alabama plant, and demand high for everything in our lineup from Accent to Equus, we’re looking forward to breaking our all-time annual sales record early in December.”