Hyundai/Kia Keep On Keepin' On, As Combined June Sales Rise 28 Percent

Edward Niedermeyer
by Edward Niedermeyer

Once again, Hyundai-Kia have netted another positive year-over-year month, with both brands shattering their June sales records and Hyundai setting a new all-time monthly market share record. Hyundai has been year-over-year positive for 18 months straight now. Most importantly of all, in this weak market, is Hyundai’s claim that

The strength of our new product has driven a 45 percent pure retail sales increase while simultaneously allowing us to reduce incentive spending by about the same amount…While our total sales are up 25 percent calendar year-to-date, our fleet sales are down 21 percent

Please believe, every automaker in the US market wishes they could say that right now. Full numbers after the jump.

Edward Niedermeyer
Edward Niedermeyer

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  • SherbornSean SherbornSean on Jul 01, 2010

    Mtymsi, I wouldn't call Hyundai tiny by any means. They are on track for 220K in annual sales for the Sonata -- that's $4B+ in annual revenues from just one model. In another year or two, Hyundai will pass Chrysler in US sales. If you exclude pickups and fleet sales, Hyundai is already in the same ballpark as the big boys.

    • See 1 previous
    • Jack99 Jack99 on Jul 01, 2010

      @mtymsi Except that the Sonata isn't the only car raising their market share.

  • Don1967 Don1967 on Jul 02, 2010

    The real news is not just Hyundai's sales increase over 2009, but the fact that these numbers build on top of a strong 2009. Most other "gains" being reported are more like "recoveries". Seems like everyone has strong feelings about Hyundai, either positive or negative. I am firmly in the cheerleader camp, having rolled the dice after 25 years of Honda and Nissan ownership and coming away impressed. It's not just about price or style; it's about superior build quality. Those still waiting for proof can keep on waiting if they like. But I suspect that they will be the ones paying top dollar for my Santa Fe when it comes off lease.

  • SCE to AUX I've never been teased by a bumper like that one before.
  • 3SpeedAutomatic R&T could have killed the story before it was released.Now, by pulling it after the fact, they look like idiots!! What's new??
  • Master Baiter "That said, the Inflation Reduction Act apparently does run afoul of WTO rules..."Pfft. The Biden administration doesn't care about rules. The Supreme Court said they couldn't forgive student load debt; they did it anyway. Decorum and tradition says you don't prosecute former presidents; they are doing it anyway. They made the CDC suspend evictions though they had no constitutional authority to do so.
  • 1995 SC Good. To misquote Sheryl Crow "If it makes them unhappy, it can't be that bad"
  • 1995 SC The letters on the hatch aren't big enough. hard pass
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