Hyunda Notches Sale of 10 Millionth Vehicle in USA
Hyundai marked a milestone recently, registering the sale of its 10 millionth vehicle in the United States.
“The United States has been a key region of focus for nearly three decades, and this landmark achievement comes after years of accelerated growth and the strategic rollout of our product line,” said Derrick Hatami, vice president of national sales, Hyundai Motor America.
Hyundai entered the United States market in 1986 with the subcompact Excel, and with very little awareness of the Hyundai brand or its products, customer response was immediate — Hyundai sold 168,882 Excels right out of the gate. Within seven months, Hyundai sold its 100,000th Excel, helping to set an industry record for the most first-year sales for an import car company.
Hyundai has since demonstrated its high-velocity growth by achieving increased year-over-year sales volume for the past seven consecutive years. What’s more, Hyundai has been one of the fastest-growing automobile companies in America.
The current lineup includes Accent, Azera, Elantra, Equus, Genesis, Genesis Coupe, Santa Fe, Santa Fe Sport, Sonata, Sonata Hybrid, Sonata PHEV, Tucson and Veloster.
Ten years ago, Hyundai expanded its operations to include building cars in the United States when it opened the doors of its Hyundai Motor Manufacturing Alabama (HMMA) plant in 2005. Through today, HMMA has built 2,660,314 vehicles, including two of Hyundai’s all-time best-selling models: Sonata, which comprises 64 percent of total production at HMMA, and Elantra with 23 percent.
Category: General Update, Vehicles