Added on March 8, 2019  The News Wheel   , , , , , , ,
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Hyundai Notches 7th Consecutive Month of Sales Gains

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The 2019 Hyundai Santa Fe
Photo: Hyundai

Hyundai Motor America continued its hot streak in February, notching a 2 percent sales increase over the same period in 2018 and delivering a seventh straight month of gains.

Hyundai sold 45,612 vehicles last month, compared with 44,732 in February 2018. Retail sales were up 6 percent to offset a 9 percent decline in fleet deliveries.

Of those sales, 25,024, or 55%, were SUVs — a 38 percent increase over February 2018. Along with its seven straight months of overall sales gains, Hyundai has also notched seven consecutive months of record SUV sales.

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Source: Hyundai

“Our revamped product lineup is driving consumer interest as we’ve increased sales in each of the past seven months,” said John Cook, Hyundai Motor America’s director of sales operations. “Our vehicles continue to win some of the most important industry honors for performance, design, quality, and cost-to-own leadership. Combine that with the efforts of our dealers to improve the customer experience and improving residual values, and we are optimistic for continued retail success throughout the rest of 2019.”

For February, the Santa Fe and Santa Fe XL SUVs combined for 9,922 sales and a 5 percent increase. The Tucson SUV set a new February sales record with 9,411 sold — 12 percent more than the same period last year. Hyundai sold 981 Veloster hatchbacks for a 15 percent gain. The Kona SUV also had a strong February with 5,686 sales.

The automaker’s best-seller remained the Elantra compact car with 10,304 sold, but sales were down by 34 percent compared to February 2018.

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