Hyundai, Kia sales in Europe rise 8% in July

By 박윤아

Published : Aug. 11, 2016 - 09:50

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[THE INVESTOR] Hyundai Motor and its smaller affiliate Kia Motors saw their sales rise more than 8 percent in five European countries last month, industry sources said on Aug. 11.

The duo sold a combined 50,069 units in the five key markets -- Germany, Britain, Italy, France and Spain -- last month, up 8.5 percent from a year earlier, according to the sources.

Hyundai Tucson topped a list of best-selling new cars in Germany in the first half of this year.

Hyundai Motor sold 26,360 vehicles in the countries last month, up 4.8 percent from a year earlier, while Kia Motors saw its sales jump 12.5 percent on-year to 24,249 units over the cited period, they said.

Their combined market share in the five countries edged up 0.6 percentage point from a year earlier to stand at 6.1 percent last month.

The two South Korean carmakers’ better than expected sales figures came despite a 2-percent on-year dip in auto sales in the five countries to reach 834,566 units.

Sales in the five countries account for roughly 75 percent of overall vehicle sales in Europe.

(theinvestor@heraldcorp.com)

Hyundai, Kia sales in Europe rise 8% in July

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