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    Hyundai-Kia Group

Hyundai-Kia Group

Hyundai and Kia suffered falling recent profits due to tough competition in China and the USA. Hyundai Motor Group, the parent company, believes that its continued roll out of new models ? especially more SUVs ? will remedy recent problems. Even though there is much work to be done in China, and to a lesser extent North America, HMG is strong in Europe, Russia, South Korea, Australia and the Middle East. As the image of its two main brands steadily improves, so HMG hopes it can lift margins on many models. That process has started in some countries and there have been varying degrees of success.

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