Hyundai up in U.S.

In a recent post I mentioned that only Honda had increased sales during June in the U.S., where overall car sales fell 8% mainly due to high gas prices.

It turns out that Hyundai also had a good month, with a 14% increase compared to the same month in 2007. Hyundai had several stand-out models: sales grew 69% for their Elantra compact, 91% for their Accent subcompact and 26% for their midsize Sonata.

"This new era of high oil prices will be a good opportunity for us to expand our reach,"  said Yoon Mong Hyun, top strategist at Hyundai.

Tags: Hyundai, Hyundai Elantra, Hyundai Sonata, Hyundai Accent, automotive, auto industry, automotive industry