Hyundai-Kia outpace Toyota in European car sales

Toyota is no longer the European car buyers favorite Asian automaker. Hyundai-Kia have surpassed the Japanese automaker, by selling 521,369 vehicles in the first 10 months of 2010. Toyota sales for the same period, including Lexus was 511,754 vehicles.

“Hyundai and Kia have clearly benefited from Toyota’s massive recalls,” said Ahn Sang Joon, an auto analyst at Tong Yang Securities Inc. in Seoul. “They have also expanded their model lineups in European markets giving more choices to consumers.”

For the near future Hyundai-Kia also have a greater number of new models planned for its European portfolio than Toyota, meaning the gap between the two companies will likely widen in favor of the Korean automaker.

Via: Auto News Europe


RELATED POSTS

New Subaru WRX STI debuts in Detroit, confirmed for UK return
2015 Volkswagen Passat reveals more of its headlights
First production HondaJet successfully completes its flight
One-off custom Nissan Project Titan revealed for Alaskan adventure
Nissan Pulsar Nismo Concept previews a new hot hatch
All-new Mazda CX-3 compact crossover teased for Los Angeles debut
New 2015 MINI John Cooper Works revealed with 228bhp, priced from £22,865
2015 Mercedes A-Class facelift revealed, A45 AMG now packs 376bhp
Which cars make the best taxis?
Tips on selling an older vehicle
Four Life Scenarios Where Short Term Car leasing Can Help
First McLaren Speedtail starts public road trials in December
Tags: , , ,