Hyundai's US Growing Pains
By Phil LeBeau, CNBC Correspondent
NEW YORK (CNBC) -- After a decade of major gains in the U.S., Hyundai finds itself with a good problem. Its U.S. plants are close to hitting full capacity, so the Korean automaker can do little to meet strong demand for the Sonata, Elantra, or Santa Fe.
To say Hyundai is leaving sales on the table would be an understatement. While sales are up 9.5% this year, that trails the industry as a whole which is up 14%. This is one reason why Hyundai's market share in the U.S. has dropped two tenths of a percent to 5%.
It also doesn't help that Toyota (TM) is enjoying a resurgence in sales.
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- Hyundai: 21 Day Supply
- Subaru: 32 Day Supply
- Honda: 45 Day Supply
- Toyota: 48 Day Supply
- Industry Avg.: 55 Day Supply
- Nissan: 56 Day Supply
- Ford: 56 Day Supply
- VW: 72 Day Supply
- Chevrolet:75 Day Supply
--Written by Phil LeBeau at CNBC
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