The Hyundai-Kia group remains the fifth world carmaker in 2019
- The Hyundai-Kia group (Hyundai, Kia, Genesis) sold 7.19 million vehicles (PC + LUV) in the world in 2019, which represents a decrease of 2.8% compared to 2018, in particular due to a loss of 170,000 units on the Chinese market. The Korean group remains the fifth largest carmaker in the world, behind Volkswagen, Toyota, Renault-Nissan-Mitsubishi and GM.
- The gap with GM has actually narrowed sharply last year, as the American group suffered from a drop in sales in China (-27% representing a loss of nearly 800,000 units). As a result, the ex-world number 1 could fall to fifth place in 2020, behind Hyundai-Kia. The coming months will be instructive in this regard.
- Hyundai-Kia group wants to boost its sales in 2020, with an objective of 7.54 million sales (PC + LUV) in the world (divided into 4.58 million Hyundai and 2.96 million Kia), which represents an increase of 4.8% compared to 2019.
- Global sales break down of the Hyundai-Kia groups in 2019 are the following:
• The United States remains its largest market, with 1.325 million units, or 18.5% of its world sales.
• Korea is its second market, with 1,263 million units, or 17.5% of its world sales.
• Europe becomes its third market, with 1.065 million units, or 15% of its world sales.
• China becomes its fourth market, with 1.012 million units, or 14% of its world sales.
- These four markets represent 65% of the Hyundai-Kia group's global sales in 2019.
Contact us: info@inovev.com