Hyundai Sales Soar in U.S. Amid Toyota Recall

Feb. 3, 2010
Sales rose 24% in January

South Korea's top automaker Hyundai Motor said on Feb. 3 that its U.S. sales jumped by almost a quarter last month, as Japanese rival Toyota grappled with a massive recall.

Hyundai Motor America said it sold 30,503 vehicles in January, up 24% from a year earlier. It said the new figure accounted for 4.7% of the total U.S. auto market in January.

Hyundai is a major beneficiary of the woes of Toyota, whose U.S. sales fell 16% last month after the recall of millions of vehicles and the sales suspension of eight models.

The South Korean carmaker is pinning hopes on its new Sonata sedan, due to hit the market this month, to augment the sales surge. It plans to launch advertisements for the Sonata during Sunday's Super Bowl.

Toyota's recall over a faulty gas pedal also led to an increase in sales for American automakers.

Copyright Agence France-Presse, 2010

See Also
U.S. Chides Toyota on Recall

Toyota Says Global Expansion Not to Blame for Recall

Canadians Launch Class Action Against Toyota and CTS

All Toyota Brake Recall Articles

About the Author

Agence France-Presse

Copyright Agence France-Presse, 2002-2024. AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP shall not be held liable for any delays, inaccuracies, errors or omissions in any AFP content, or for any actions taken in consequence.

Sponsored Recommendations

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!