Hyundai’s European sales continue to flourish in Q2

Offenbach, May 28th 2010

Hyundai has shown continued progress in the European market at the start of quarter two, reaching a market share of 2,5% last month (2,6% year-to-date), up from 2,2% in April (2,3% year-to-date) in 2009. The figures announced by automotive industry body ACEA reveal that Hyundai sold 29.154 units in April through its European distributors, 5,9% more than the same month last year, and ahead of the market total that fell 6,9%. Hyundai’s volume for the first four months of this year hit 128.840, an increase of 18,5% over 2009.

The efficient i-range has once again proved to be hugely popular. The i30 alone sold over 9.000 units, yielding a 59% increase in sales compared to April last year. Since January the i10 has increased sales by 21%, with the sales of the i20 and i30 boosted by 62% and 61% respectively.

Allan Rushforth, Vice President at Hyundai Motor Europe, said, “Hyundai sales on a European level have grown once again, following our strongest-ever first quarter. More importantly, the brand’s market position has strengthened relative to our competitors, putting us on target to reach our objective of 2,75% market share this year.

“The i-range has been performing very well with private buyers as well as fleet buyers, and the Europe-built i30 remains the cornerstone of the company’s success. Prospects for quarter two are promising: orders for the ix35 have now surpassed 50.000 units, just two months after going on sale. Hyundai’s Five Year Triple Care plan was introduced in quarter one to give ix35 and the new i30 a real competitive advantage, and to show the confidence we have in our technical and manufacturing expertise. The longer, more comprehensive warranty, roadside assistance and vehicle health check program will be of real value to customers.”

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