[THE INVESTOR] Hyundai Motor Group -- comprising
Hyundai Motor and
Kia Motors -- saw significant sales rise in Europe in May, a research report showed on June 17.
The report by Hana Financial Investment showed that Hyundai Motor’s sales rose 18 percent from the same month last year, while Kia’s figures increased 16 percent. The combined sales of both carmakers rose 17 percent.
Tucson.
For Hyundai Motor, the compact sport utility vehicle Tucson led the rise with sales jumping 46 percent from a year ago, while most of the Kia’s lineup showed good sales, the report said.
It noted that Europe’s automotive market grew 16 percent in May compared to the same month last year to record sales of about 1.33 million units.
By Choi He-suk (
cheesuk@heraldcorp.com)