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Wednesday, December 8, 2010
Europe's largest automaker Hyundai Group as Asia gets Toyota
Gradually become a shell company recall and Toyota sales dipping series supported, General Motors 2009 Volkswagen cushion set a clear mind and world domination, might not be good news for Japanese manufacturers, it also Europe Hyundai Motor Co. and affiliate Kia Motors Corp., among the Asian players have lost first place
Two Korean companies, the first ten months of 2010, with 4% last year to improve the total sales of 521,369 vehicles it Europe's largest automobile Asian 4.5% market share of the nickname. Meanwhile, Toyota, Lexus, including sales figures have fallen by 17% to 511,754 units, representing 4.4% of the market.
In its favor, Hyundai Kia and-ix35 SUV, I30 and compact as the cee'd and momentum on their side as they all disputes and Toyota seems to her mother and father, to remember not to mention the bad publicity with various .
"Hyundai Kia and Toyota are the obvious advantage of the huge gaps" Ahn Sang Joon, Tong Yang Securities Inc. analyst automatically in Seoul said. "He is the European market, providing greater choice for consumers extended their model lineups."
In addition, analysts believe 2011 and increase sales of Hyundai Motor Group, seeing that the taste will release model in particular.
Excellent sales in North America are the icing on the cake is a Korean: Hyundai in the U.S. increased 21 percent this year, Sonata for success spread to 64 percent jump in demand and there is more to come with the new Elantra sedan Azera and mid-sizer Veloster little coupe just to mention a few. debuting next year.
Toyota, on the other hand, with sales falling 6.3 percent in the U.S. this year on the slopes below. But we do not hurry to write another Japanese brand, unless you know what the future will bring.
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Hyundai
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