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Hyundai Motor’s sales in Brazil up 10.5% in November

Hyundai Motor, South Korea’s No. 1 automaker, made the top five in Brazil in terms of sales for two straight months in November despite the overall weak demand in the country, industry data showed Friday.

According to the data offered by a dealers’ association in Brazil, Hyundai Motor sold 21,248 vehicles in November, up 10.5 percent from a year earlier. Its market share also inched up from 7.3 percent to 7.6 percent. Its ranking in terms of sales remained fifth for two months in a row.

Hyundai Motor’s cumulative car sales during the January-November period came to 211,630 units, up 10.9 percent from the same period a year earlier, the data showed.

The Korean carmaker saw its sales pick up despite sluggish demand in Brazil, where total car sales in November dropped 2.9 percent on-year to 279,826 units.

Total cumulative car sales for the January-November period also shrank 8.1 percent to about 2.98 million units, the data showed.

French automaker Renault S.A. came next by selling 20,037 units, followed by Toyota, which sold 18,468 vehicles in November, up 24 percent from a year earlier. (Yonhap)
Korea Herald daum