Hyundai has seen record sales and profits for June 2008 throughout the world, and China was no exception. The Hyundai Elantra was the best-selling car in China in June with 24,257 units sold. In May, Hyundai sold 12,239 units of the popular compact sedan in the country.
This was quite a commendable feat as the Elantra managed to rise four ranks to the top from last month. In May, the Volkswagen Jetta was the best-seller with the Volkswagen Santana, Honda Accord, Toyota Corolla, and Hyundai Elantra following behind. In June, the Hyundai Elantra, Toyota Corolla, Volkswagen Santana, Volkswagen Jetta, and Buick Excelle made the top five rounding.
Mid-size car sales have fallen considerably due to the changing gas prices, and the Toyota Camry was particularly hit hard. On the other hand, sales of compact cars are expected to only increase dramatically as the gas prices show no sign of stopping for a couple of months.
[Source: China Car Times]
