Hyundai’s share in emerging markets up in August  

Seoul, Sep 28 (IANS) Hyundai Motor Co. saw its market share in Brazil, Russia and other emerging markets grow in August from a year earlier, industry data showed on Monday, raising hopes that demand might be recovering from a protracted slump.

According to the data made available by each country, Hyundai sold a combined 72,302 cars in four emerging markets — Brazil, Russia, India and Mexico. The sales were up 8.1 percent from a year earlier.

Hyundai Motor’s car sales accounted for 10.8 percent of the 672,254 cars sold in the four countries in the cited month, up from nine percent tallied a year earlier, Yonhap news agency cited the data as showing.

The brisk sales in those countries were mainly driven by strong demand for car models such as Solaris, Creta and HB20, which were designed to target local customers.

In particular, Solaris sales in Russia came to 1,581 units in August, the largest of the car models sold in the country.

The Creta also ranked first in India’s SUV market with its August sales reaching 7,434 units.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of or any employee thereof. is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here