Hyundai and Kia continue to grow sales in Europe, up 13.8% during the January-September period, despite fears that the total market may fall by up 10% this year compared to 2011.
Combined sales of the Korean brands in 27 European countries were 73,000 units in September, with market share gaining 0.9% to 6.6%.
Hyundai and Kia’s sales from January to September were 568,000 units, just 11,000 behind BMW. Hyundai’s i series led the sales growth while Kia continued to gain ground with the new generation cee’d.
Hyundai and Kia’s combined market share passed Daimler and Toyota last year to eighth overall in Europe. Volkswagen sold the largest volume of cars in the European market between January and September this year, followed by PSA, Renault, General Motors (GM), Ford, Fiat, and BMW.