Thursday, June 30, 2011

Hyundai/Kia June report

Hyundai & Kia duo, World's No 5 auto manufacturer registered good growth in June, 11.

While Hyundai grew by 12.3 %, Kia went up by 22 % !

Indeed, when the global auto market is coming out of a recession, people are looking for value for money. If that comes with higher style quotient, esp the new Sonata & Kia launches, buyers 'feel better'!
With US demand also looking good, an interesting H2 ahead. But there have been reports of shortage of Hyundai cars in Middle East



http://www.reuters.com/article/2011/07/01/hyundai-sales-idUSL3E7I104M20110701


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