Hyundai Motor sold 200,000 vehicles in South Korea in 2012

Geely Automobile News According to Yonhap News Agency, Hyundai Motor Co., Ltd. sold 200,000 vehicles in its home market in Korea in 2012, an increase of 2.4% year-on-year. Hyundai Motor sold 683,570 vehicles in South Korea in 2011 with a market share of 46%.

Hyundai Motor Co. said that competition in Korea's domestic market will intensify in 2012. The Korea-US Free Trade Agreement will allow imported cars to enter the Korean market on a large scale. To maintain market share, it must adopt new marketing strategies and provide consumers with higher levels. Service.

Hyundai Motor’s Kia Motors Corporation stated that its sales target for the Korean domestic market in 2012 was 500,000, an increase of 1.4% year-on-year, and sales in 2011 were 493,003 units with a market share of 33%.

South Korea’s other manufacturer, General Motors Korea, stated that it intends to increase its market share in South Korea from 9% in 2011 to 10% in 2012. Ssangyong Motor’s sales target in Korea in 2012 is 47,000 units, an increase of 21% over the same period of last year. .