Thursday, February 9, 2012
Hyundais Might Be More Scarce
Hyundai CEO John Krafcik said recently that the fast-growing automaker will struggle to meet the production demands of its U.S. customers.
The Detroit Free Press reported that Krafcik's remarks came at a meeting of dealers at a J.D. Power and Associates conference in Las Vegas.
Hyundai made approximately 420,000 vehicles in the U.S. last year: 330,000 at its plant in Montgomery and nearly 90,000 at the Kia plant in West Point, Ga.
U.S. sales of Hyundai were pegged at 640,000 units last year.
Krafcik said the company will try to boost production in Georgia, as it did last year in Montgomery, but that is likely to still leave it short of demand, the Free Press reported.
Hyundai recently unveiled its Veloster compact (pictured above), which could be another hot seller.