Hyundai Maintains Market Share Momentum on Demand for Fuel-Efficient Cars

Hyundai Maintains Market Share Momentum on Demand for Fuel-Efficient Cars 
- Hyundai year-to-date European market share in line with 2013 target
of 3.5% 
- Registrations show small increase in falling market 
- Demand for fuel-efficient cars drives sales of i20, i30 and i40 
OFFENBACH, GERMANY -- (Marketwired) -- 06/21/13 -- According to
figures released by automotive industry body ACEA, Hyundai has
maintained its year-to-date market share of 3.5% during the first
five months of 2013, showing an increase from the 3.3% share achieved
in the same period last year. Hyundai remains on target to maintain
the 3.5% full-year market share achieved in 2012.  
Hyundai registrations of 36,468 cars in May represented an increase
of 0.4% versus the same month in 2012, while the overall market fell
by 5.9%.  
Allan Rushforth, Senior Vice President and COO of Hyundai Motor
Europe, commented: "The European car market is increasingly
hard-wired into fiscal policy. Car buyers are looking at more
fuel-efficient cars in response to emissions-based vehicle taxation
policy. This helps a company like Hyundai sell more cars - evidenced
by the performance of our i20, i30 and i40.  
"While consumer confidence is on the way up, there's still a deferral
of vehicle purchases in Europe due to continued economic
uncertainties. We anticipate there will be slow, organic growth in
the European car market from the fourth quarter onward this year."  
Figures from automotive industry analyst IHS Global Insight show
solid gains for Hyundai cars in key European segments. In the four
months to April 2013, the segment share of the B-segment New Hyundai
i20 rose from 2.2% to 2.7%, while New Generation i30 registered a
share increase from 4.5% to 4.8% in the competitive C1-segment.
Hyundai has also secured gains in the class above, with i40
increasing its share of the D1-segment from 4.0% to 6.2% during the
same period. 
To view the figure associated with this press release, please visit
the following link:
http://media3.marketwire.com/docs/881831_figure.jpg.  
About Hyundai Motor  
Established in 1967, Hyundai Motor Co. has grown into the Hyundai
Motor Group, with more than two dozen auto-related subsidiaries and
affiliates. Hyundai Motor - which has seven manufacturing bases
outside of South Korea including Brazil, China, the Czech Republic,
India, Russia, Turkey and the U.S. - sold 4.4 million vehicles
globally in 2012. Hyundai Motor, which employs over 80,000 workers
worldwide, offers a full line-up of products including small to large
passenger vehicles, SUVs and commercial vehicles.  
Further information about Hyundai Motor and its products is available
at www.hyundai.com. 
About Hyundai Motor Europe  
The company designs, engineers and manufactures cars in Europe,
specifically for European consumers. In 2012, Hyundai achieved
European sales of 444,000 units, taking a new-car market share of
3.5%. Almost 95% of the vehicles Hyundai sells in the region are
designed, engineered and tested in Europe. And more than 70% are
built at its two local factories (Czech Republic and Turkey),
including New Generation i30, which was shortlisted for Europe's 2013
Car of the Year award and has won 14 awards throughout the region.
Hyundai sells cars in 28 European countries across 2,500 outlets.  
About Hyundai Motor UK  
Hyundai is the first Korean car manufacturer to make it in to the top
ten best-selling car manufacturers in the UK, an 11 place improvement
since 2008. All passenger cars, including small cars, family cars and
company cars, come with Hyundai's industry-leading 5 Year Triple Care
car warranty package. Further information about new Hyundai cars is
available at www.hyundai.co.uk.  
Follow us on Twitter @Hyundai_UK_PR
Contacts:
Hyundai Motors UK
Natasha Waddington
Head of PR
01494 428646
07771 975692
natasha.waddington@hyundai-car.co.uk 
Hyundai Motors UK
Laura King
Media Relations Manager
01494 428685
07817 264224
laura.king@hyundai-car.co.uk 
Hyundai Motors UK
Ian Tonkin
Product & Corporate PR Manager
01494 428634
07584 702031
ian.tonkin@hyundai-car.co.uk 
Hyundai Motors UK
Nayab Khan
PR Executive
01494 428617
07812 086167
nayab.khan@hyundai-car.co.uk
 
 
Press spacebar to pause and continue. Press esc to stop.