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.

  • Ronin It's one thing to stay tried and true to loyal past customers; you'll ensure a stream of revenue from your installed base- maybe every several years or so.It's another to attract net-new customers, who are dazzled by so many other attractive offerings that have more cargo capacity than that high-floored 4-Runner bed, and are not so scrunched in scrunchy front seats.Like with the FJ Cruiser: don't bother to update it, thereby saving money while explaining customers like it that way, all the way into oblivion. Not recognizing some customers like to actually have right rear visibility in their SUVs.
  • MaintenanceCosts It's not a Benz or a Jag / it's a 5-0 with a rag /And I don't wanna brag / but I could never be stag
  • 3-On-The-Tree Son has a 2016 Mustang GT 5.0 and I have a 2009 C6 Corvette LS3 6spd. And on paper they are pretty close.
  • 3-On-The-Tree Same as the Land Cruiser, emissions. I have a 1985 FJ60 Land Cruiser and it’s a beast off-roading.
  • CanadaCraig I would like for this anniversary special to be a bare-bones Plain-Jane model offered in Dynasty Green and Vintage Burgundy.
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