Cars
Hyundai Reaches 5 Million Sales in Europe
South Korean carmaker Hyundai announced it has sold five million vehicles in Europe since the first Hyundai Pony was imported in 1977. The five millionth vehicle was an i30, which was launched in 2007 and has sold a little over 320,000 units on the continent. From the five million sales, the last million was achieved in just three years, a proof of Hyundai's accelerated growth in Europe. Read more »
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Hyundai And Kia Sell 7.1 Million Vehicles In 2012, Up 8 Percent, But Expect Slower Growth In 2013
In the year that just ended, Hyundai and its Kia affiliate delivered a combined 7.12 million vehicles worldwide, which represents an 8 percent growth over 2011, beating their initial annual target of 7 million units. Hyundai, which released detailed...
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Hyundai And Kia To Invest Us$12.2 Billion In 2012, Aim For 7 Million Sales
Hyundai Motor Group, the owner of both the Hyundai and Kia brands and the fifth largest automaker in the world, announced that it will invest US$12.2 billion this year in research and development (R&D) as well as on improving its facilities. The...
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New Ford Fiesta Sales Reach 1 Million Units In Europe After 28 Months On The Market
The latest generation of the Fiesta, which is also sold in the States, is proving to be quite a hit for Ford in Europe as sales have reached one million units. The milestone was achieved 28 months after the supermini first went on sale in the continent...
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Global Car Sales To Drop 7.7% To 60 Million Units In 2009, According To Hyundai Chairman
South Korea's largest automaker, Hyundai, expects that the worldwide financial crisis will continue to have a negative effect on global auto sales throughout 2009. Today, the firm's Vice Chairman Choi Jae Kook told Hyundai's employees that...
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Hyundai’s Plans To Sell 1m Cars In The U.s. By 2010 Hit The Wall
Once upon a time, not long ago, an over-optimistic Korean carmaker set plans to sell 1 million cars in the U.S. market by 2010. Today, the same Korean automaker will be lucky if it manages to surpass the half-a-million mark by the end of 2007, let alone...
Cars