Hyundai Motor America reports 60,341 vehicle sales in February, up 6% year-over-year despite

fears of high interest rates hurting new car sales.

This brought its year-to-date sales results to 107,884, but that is still down 1.1% year-over-year.

Still, the Korean manufacturer continues to increase its all-electric car sales,

which indicates that it might be a good year for the brand in the U.S.

E-GMP BEVs represent 4.8% of Hyundai's total volume, which is up from 3.6% a year ago.