Hyundai Motor America today announced sales for the month of November of 56,005 units, up five percent versus the same period in 2012, representing the best November in company history.
“With inventories being replenished with new and refreshed 2014 product, November was another record month for us,” said Dave Zuchowski, executive vice president of national sales. “As consumer confidence appears to be on the mend resulting in record sales on Black Friday and Cyber Monday, the automotive industry as a whole appears to be making strong strides as the year comes to a close.”
The recent recipients of ALG’s award for the highest residual value in their segments, Santa Fe Sport and Accent, both experienced strong sales gains over last November, with Santa Fe up 43 percent and Accent up 42 percent. Elantra and Equus were both up five percent, with Veloster up six percent.
“We continue to see strong demand across our lineup, with consumer interest especially high for the 2014 model year updates we’ve made to Sonata, Santa Fe, and Tucson,” said John Krafcik, president and CEO. “While we finished November still short of 2014 model year inventory, our plants are literally working 24/7 to restock our dealers with these new models, including the refreshed 2014 Elantra and updated 2014 Veloster, which both arrive in showrooms this month.”
Fleet sales represented 18 percent of total sales in November. Certified Pre-Owned vehicle sales for the month were 6,118 a gain of 5.7 percent, year-over-year.