Wednesday, July 2, 2008

USA: Hyundai Santa Fe sales down 31%

Hyundai of America reported an increase of 1.3% in June sales compared to June of 2007. This was due to the skyrocketing demand for fuel-efficient cars, and not surprisingly, the Accent saw the largest growth margin of 70%. Sales of the Hyundai Santa Fe sport-utility vehicle, however, plunged 31% this month.

Sales dropped from 8 460 units in June 2007 to 5 863 units last month. Reiterating, the Santa Fe's sales dropped most likely because of its mileage ratings. The Santa Fe is manufactured in Montgomery, Alabama, alongside the mid-size Sonata.

[Source: Birmingham Business Journal]


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