· Hyundai Kia’s market share in China exceeded 9% in April

According to a report by the Associated Press on May 23, the Korean auto industry said on the 23rd that in April, Hyundai-Kia Motors sold 146,300 units in China, with a market share of 9.2%, an increase of 1 percentage point from the previous month and a 9% breakthrough for the first time this year.
Thus, in the Chinese market, Hyundai-Kia Motors ranked third after Volkswagen and GM. Honda, Toyota, Nissan, Ford and Citroen are ranked 5-8. Among them, the increase in sales of Hyundai-Kia Motors in China is mainly due to the contribution of Hyundai Motor. Beijing Hyundai sold a total of 96,222 units, an increase of 6.7% year-on-year. During the same period, sales of Dongfeng Yueda Kia decreased by 10.4% year-on-year to 50,156 units.
Among the products launched by Beijing Hyundai, the sales of new models and the sales of Tucson have increased significantly. In April, the sales volume was 14,665 units. Thanks to this, the sum of Yuet, Lang, and Leading Sales increased by 12.7% year-on-year to 35,658 units. In the second half of 2015, the sales volume of the new Tucson was 11,150 units, which drove the sales volume of new and old Tucson surged by 105.6% year-on-year to 17,295 units. The new Lions launched by Dongfeng Yueda Kia in March sold 7813 vehicles.
Hyundai Kia officials said that with the new car effects such as the new Elantra and the new lion running listed this spring, Hyundai-Kia’s market share in China is also increasing. In addition, Hyundai-Kia will continue to maintain its market share in China with the focus on launching competitive products and ensuring safe and stable quality.

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