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Further Growth For Hyundai As Intensive Product Launch Period Begins

201010190000 No. 215

Further growth for Hyundai as intensive product launch period begins

 

Offenbach, October 19th 2010

 

In the first nine months of 2010 Hyundai sales grew by 4,3% in Europe, exceeding the performance of the general market, which fell by 3,7% compared to 2009.   To date, Hyundai has sold 274.603 units this year, to register a market share of 2,6% according to industry body ACEA – on target to hit the company’s full-year objective of 2,75% share.

 

While the September market dropped by 9,2%, Hyundai achieved sales of 33.571 units – just 3,8% down on the same month last year.

 

Facelifted in the spring, the new i30 continues to be Hyundai’s best performer in Europe this year, with sales up 30% on 2009.  The i20 has done similarly well with a sales increase of 24% compared to the opening nine months of last year.

 

In the fourth quarter Hyundai will introduce the all-new ix20 to Europe, following the car’s debut at the Paris Motor Show.  The new mini-MPV offers the best in its class for safety, environmental performance and customer care, with the Five Year Triple Care package giving five years’ unlimited warranty, five years of roadside assistance, and vehicle health checks for five years.  The ix20 will be joined in showrooms by the new i10 city car, featuring the new family face of Hyundai vehicles as well as numerous styling and specification enhancements.  All i-range models have received a comprehensive refresh during 2010.

 

Allan Rushforth, Vice President at Hyundai Motor Europe, commented, “This year Hyundai has maintained the sales momentum achieved in 2009, and the arrival of new models in the fourth quarter will see us finish 2010 in a strong position.  The arrival in Europe of the ix20 and new i10 signals the start of an intensive period of new product launches, during which we will introduce 10 new models and derivatives in a little over two years.

 

-Ends-

 

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