Hyundai Market Share Toughened Up By iLoad

SYDNEY – Aug 4, 2011: Hyundai Motor Company Australia finished in fourth position overall with 7,226 sales, achieving a market share of 8.9% in July. The sales result saw an increase of +10.6% July 2011 v. July 2010 in a market which was down -1.7% over the same period.

In passenger car sales, HMCA ranked fourth for the month with 5,174 vehicles sold and a market share of 11.3%.

The multi-award winning Hyundai iLoad van range placed first in the van segment with its best-ever monthly market share result since launch of 40.3%. iLoad achieved 639 vehicle sales. ix35 ranked in second place in the SU V compact segment with 1,063 sales; and iMax finished the month with 162 units sold, ranking it second in the people mover segment.

“The iLoad van range continues to make friends in this market, its testament to the product’s capabilities,” said Damien Meredith, Director of Sales, Hyundai Motor Company Australia. “People are continuing to discover the versatility, safety and affordability of the iLoad van range.”

Meanwhile,overseas, Hyundai Motor America (HMA) has announced a July sales figure of 59,561 vehicles, a +10% increase compared with the same period a year ago. This represents an all-time sales record for both the month of July and the first seven months of the year for HMA. The strong July result was buoyed with robust sales of all-new Accent and all-new Elantra and i45 (sold as Sonata in the U.S.).

Hyundai Motor Company has seen an overall increase in global sales of +9.8% rising from 294,879 in July 2010 to 323,637 in July 2011. Its domestic sales also increased by +22.4% (July 2011 v. July 2010).