Hyundai Motor announced yesterday that it is targeting to sell seven million vehicles worldwide this year, an increase of 6% from 2011, in which it sold 6.6 million units globally, more than a million in the US alone.
The figure – which includes Kia numbers – is however conservative, considering that the company has been posting double-digit growth in annual sales volume over the last three years. It may be reflective of the company being wary of a global economic slowdown this year, the reports say.
While continuing its efforts to consolidate its position as the world’s No 5 automaker, the Korean automaker is shifting its focus from volume to quality, in a bid to ensure its growth isn’t thwarted. In recent times, the carmaker has improved its quality ratings in advanced nations, while solidifying its position in emerging countries, the reports add.
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Good luck Hyundai- Kia ! … Errr, sorry for off- topic but, any news on DRiVEN Paul ? Malaysia wants DRiVEN back on TV ! :D We’re getting bored of watching Top Gear all the time… we need that distinctly Malaysian nasi lemak/ roti canai/ kway teow back ! Please reply.
top gear is not boring,but the tv keep showing the same episode that make it boring..by the way,we need local auto show like top gear. maybe top gear malaysia and paul as the stig..huhuhuhu
DRiVEN was like Top Gear… no not the new one, the old Top Gear. Anyway, I agree with your statement. Hands down, Paul for The Malaysian Stig ! xD
Singapore Taxi switched to Sonata to facing out their aging toyota. That will contribute some sales numbers. …..:)
yup…one of the eyesores in the modern city is the old looking junk taxis in sg.
“In recent times, the carmaker has improved its quality ratings in advanced nations, while solidifying its position in emerging countries, the reports add.”
– well said. and i doubt we’re considered as advanced nations…
A very conservative predictions. I guess they will improve much further on their sales. This is called ‘herd theory’. The more cars are noticed on the road, more people will buy them.
Hyundai Elantra is 2nd world most popular car selling 1.01 million units in 2011, closely behind Toyota Corolla of 1.02 million units, a different of 10,000 units only. They don’t even make it to the top 10 previously…
Wow… these Koreans really know how to sell hard! Will Malaysia help to add up to these figures this year when Elantra coming soon in February? Lets see…
Wow !!! China Made Wuling Sunshine is the 3rd best selling car at 943,000.
This China Van must be a great car to have such a remarkable sales figure.
Can some distributor bring in this, i am sure it would be super hit.
Come on face it Cheap thing sales at bad time, that all nothing to brag.
Nothing to be proud of, if it wasn’t for the March Tsunami & Thailand Flood.
The Japanese will rise again on 2012 Banzai !!!