Hyundai Motor America Reports 14% Decline in April Sales

May 1, 2009 2:47 PM EDT

Hyundai Motor America (OTC: HYMLF) announced sales of 33,952 vehicles in April, a 14% decline versus April 2008.

"We had strong sales of our Accent and Alabama-built Sonata, up 26 and 7 percent, respectively, and the best sales month yet for Genesis," said Dave Zuchowski, Hyundai Motor America vice president of national sales. "Most importantly, we've delivered a 20% increase in retail market share. Hyundai outperformed every brand in retail market share increase in the first quarter, and that strong retail performance continues into our traditionally strong spring/summer selling season." [SM]


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