2023-07-30 13:04:00
04:04 PM Sunday, July 30, 2023
Seoul – (dpa):
Data released, on Sunday, revealed that the market share of Hyundai Motor Company and its affiliate Kia Company increased in the first half of this year compared to the same period of the previous year, to remain above the level of 10% amid the recovery of demand and production.
And the South Korean Yonhap News Agency quoted data from the American Automotive news platform that the total share of the two companies together amounted to 10.6% in the period from January to June 2023, an increase of 0.3 percentage points from the previous year.
The combined market share of Hyundai and Kia rose to more than 10 percent for the first time last year and maintained the level in the first six months of 2023.
Hyundai acquired 5.5%, while Kia acquired 5.1%.
General Motors came in first with 16.7%, followed by Toyota Motor with 13.5% and Ford Motor with 13%.
Hyundai and Kia combined sold 820,180 vehicles in the United States in the first half of the year, up 16.7 percent from the 702,875 vehicles registered during the same period last year.
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