Hyundai Group slips amid shift to big SUVs, crossovers
Hyundai Motor Group noted a 3.8% decrease in U.S. sales for May, pushed by a major decline at the Hyundai device.
Hyundai Motor America said its revenue dipped 10 per cent to 63,610 autos last month. Kia Motors America noted an boost of 3.9% with 62,433 automobiles offered, creating May the firm's best revenue month ever.
Hyundai is damaging with its sedan-significant line as buyers gravitate toward SUVs and cross-overs.
"May became somewhat hard for us as it seems more clients were outside looking for large trucks and sport utility vehicles than automobiles," Bob Pradzinski, vice-president of national sales at Huyndai Motor America, said in a statement nowadays.
Nearly all of Hyundai's sedans fought in May, using the Sonata down 12-percent to 18,018 deliveries and the Azera down 3-5% to 432 deliveries. The Elantra was able to post an increase, yet, up 7.2% with 23,432 deliveries.
Kia's growth was driven by its own new month-long marketing instead of the original Memorial Day sale, the auto-maker said in a statement.
"Record-environment outcomes demonstrate it certainly resonated with customers," stated Michael Sprague, COO of Kia Motors America.
As customer interest in automobiles cools, Kia observed a 2.9 percent drop in revenue of the Optima, with 16,349 deliveries in-May. CUVs were more more productive for Kia, with revenue increasing for the Sorento by 1.8% and Sportage by 12-percent.
It's possible for you to reach Nora Naughton at [email protected]
Rebates and bonuses
Monthly U.S. Sales
More news from this source:
CAR REVIEWS »
Top 10 Best Chevrolet Models of All Time
9 Unique Ways to Customize Your Car
How to Find the Best Tow Truck Companies
How to Diagnose Severe Car Problems (Even When You Don’t Know Anything About Cars)
Your Guide to the New Skyactiv-X Engine from Mazda
5 Tips for Finding a Good Mechanic You Can Trust
6 Effective Maintenance Tips for Car Headlights
7 Tips for How to Install Windshield Wipers
Lifting a Truck Pros and Cons
View All Recent Posts
New Photo Galleries
- More Photos
LATEST CAR REVIEWS