
Hyundai-Kia Automotive Group is celebrating a storming month of June sales at over 78,000 vehicles sold, achieving its highest ever monthly vehicle market share in US. It has happened for the first time that the automaker topped the 6 percent market share since its inaugural launch 22 years ago.
Hyundai Motor America sold more than 50,000 vehicles last month achieving yet another milestone in its history. Thanks to massive demand for fuel efficient sedans, Hyundais sales has increased to record high 50,033 units. Sales of Accent compact went up 70%, while sales of Elantra jumped 50% to 14,482. Mid-sized Sonata sold 16,875 units in June, up 12 percent from last year and 24 percent from May.
Record high monthly sales was also reported by Kia Motors America. The company has announced its best June sales ever with sales topping 28,292 units. Together with Hyundai, the company sold exactly 78,325 vehicles through June 2008. The number represents a +3,5% increase compared to June 2007. Considering the overall US auto sales dropped by 16.5 percent last month, the growth of 3,5 percent year-on-year is quite an admirable achievement.
The Hyundai-Kia Automotive Group has accelerated past another road marker last month as its June 2008 sales overtook rival Nissan for the first time. Nissan North America Inc. reported sales off nearly 18% from last year. The Japanese company sold 75,847 units in US last month, compared to 78,325 units sold by Hyundai-Kia group. (more…)