· 30,148 units sold in May up by 4 percent against last year
· Cumulative sales up 4 percent compared to same period last year
RUSSELSHEIM, Germ., June 2, 2005 – Hyundai Motor Europe GmbH announces continuing sales increases of 4 percent for the month of May. Adding 30,148 vehicles in May, accumulated sales for the year 2005 reach 151,403 vehicles, which is an increase of 4 percent year over year.
Despite a more moderate growth rate, Hyundai is fighting the industry trend and achieves new record sales in Europe month after month.
“The car market in Europe is continuing to be tough and the room for sales maneuvers is getting tight”, said Ike Oh, President of Hyundai Motor Europe GmbH. “Currently, it is Hyundai’s strong SUV line-up – Terracan, Santa Fe and Tucson – that gives us a competitive advantage.”
“As we continue the year, we see the new Sonata and Grandeur hitting the European showrooms and the launch of new models that herald a refined Hyundai model line-up. Refining our model line-up from top-down, we will heat up the competitive pressure in the C- and B- segment and grow momentum to expand our customer base in Europe,” Oh added.
Following is a selected sales breakdown:
|SUV & MPV||13,069||63,704|
FURTHER INFORMATION AT WWW.HYUNDAI-EUROPE.COM
Established in 1967, Hyundai Motor Co. has grown into the Hyundai KIA Automotive Group which includes
over two dozen auto-related subsidiaries and affiliates. Employing over 50,000 people worldwide, Hyundai
Motor posted US$26.1 billion in sales in 2004 (on a non-consolidated basis). Hyundai motor vehicles are
sold in 193 countries through some 5,000 dealerships and showrooms. Hyundai Motor Co. is a sponsor of
the 2006 FIFA Germany World Cup. Further information about Hyundai Motor Europe and its
products is available on the Internet at http://www.hyundai-europe.com.
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