Hyundai Increases US Production by 19 Percent to Keep Up with Demand and Offset Import Losses

Having many cars on the parking lot and little or no customers is any dealer’s nightmare. On the other hand, not having enough cars to satisfy the clients that walk into your dealership is something of a problem, too.

Hyundai North America CEO John Krafcik said that the company, which currently has difficulties keeping up with demand due to a tight inventory, will increase U.S production by 19 percent from September until year’s end compared to the same period in 2011.

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Hyundai , Hyundai Elantra , Hyundai Santa Fe , KIA , Korea

Hyundai Counts on New Santa Fe SUV to Boost its Family Sales in the US

With more than a million vehicles (1,072,679 to be exact) delivered in the first quarter of 2012, which account for a 16.7 percent increase compared to the same period last year, Hyundai’s global sales are booming.

Yet John Krafcik, CEO of Hyundai Motor America, believes that despite its ever-increasing range, there is a segment in which the carmaker is weak: car buyers with families. He is counting on the 2013 Santa Fe to change that.

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Hyundai , Hyundai Santa Fe , Reports