Record European sales for Hyundai in Q1

Hyundai registered a record number of new cars in Europe between January and March 2012 – 114,571 units – resulting in a European market share high for the first quarter of 3.3 per cent.

According to figures released by European industry body ACEA, Hyundai’s
sales during the first three months of 2011 represented an increase of 12.5 per cent compared to the same period 12 months ago. In contrast, the overall European new car market declined by 7.3 per cent.

Hyundai recorded 50,131 new car registrations across Europe in March – another new record and an increase of 13.8 per cent over 2011. The overall European new-car market declined by 6.6 per cent during the same month. Hyundai has now outperformed the European market trend for 39 consecutive months since January 2009.

Sales of i30, ix35 and ix20 – the three models built at Hyundai’s plant in Nosovice, Czech Republic – represented over 50 per cent of Hyundai’s European sales during the first quarter.

Allan Rushforth, Senior Vice-President and COO of Hyundai Motor Europe, commented, “Hyundai cars are designed, engineered and manufactured in Europe for Europeans – our performance in quarter one demonstrates how well this strategy is working. Another European car, the New Generation i30, has just gone on sale and we expect this new model to drive us towards our market share goal of 3.5 per cent by the end of 2012.”

Posted in: Allan Rushforth,Czech Republic,First Quarter,Growth,Hyundai,Hyundai Motor Europe,i30,International,ix20,ix35,Market Share,Nosovice,Sale Report,Sales