Hyundai / Kia will outsell Toyota in the US for May, First time in history Options

[Chan-Ho]

Hyundai/Kia will place first among foreign car companies in US sales, only after domestic brands, GM and Ford for the month of May.

Hyundai and Kia are this month expected to pull ahead of Toyota and Honda to become the third top-selling brands in the U.S. market after only GM and Ford.

Even more to the point, Hyundai and Kia are expected to be the only major brands with sales up versus April. According to the pricing-intelligence firm TrueCar, Hyundai and Kia combined will sell about 115,000 vehicles, just ahead of Chrysler and Nissan and behind GM (225,000) and Ford (188,000).

Though Hyundai and Kia have different company structures and sales operations in the U.S., they're both part of the same South Korean parent company, Hyundai Kia Automotive Group. Both brands have strong new product this year, including the all-new 2011 Hyundai Elantra, 2011 Hyundai Sonata, and 2011 Kia Optima.

Versus last April, total U.S. automotive sales are expected to be down 8.3 percent overall (with retail down 10.7 percent), to about 1.06 million vehicles, according to TrueCar's forecast.

Toyota and Honda are expected to take the biggest hit due in part to inventory shortages, as dealerships this month began to feel the effects of the March earthquake and tsunami. Toyota sales will likely be down more than 31 percent from April, while Honda sales will see more than a 25-percent decrease.

The supply shake-up leaves Hyundai and Kia, combined, with nearly an eleven-percent share of the U.S. market—also ranking about a half-percent higher than Chrysler. Last May, Hyundai and Kia had just a 7.3-percent share and were behind Honda, Toyota, Nissan, and Chrysler.

http://www.thecarconnection.com/news/10605...ahead-of-toyota

http://www.egmcartech.com/2011/05/25/truec...011-in-the-u-s/

-------------

Mark my words, Hyundai is the new Samsung. I predict Hyundai will be the world's leading car manufacturer within 5 years.

This post has been edited by Chan-Ho: May 26 2011, 11:30 AM

[KraterosHellas]

and u're proud of this??? do u think this is going to benefit korea??? mark MY WORDS, hyundai/kia will suffer the same fate as toyota (i.e. the media uproar over recalls) when south korea doesn't do as they're told by the US. i suspect the US is deliberately trying to promote hyundai sales in america so that south korea economy will become dependent on the US which they will take advantage of to pull strings on SK foreign policies. learn from japan, and avoid the trap that the US have laid for u. and remember that right now the world's most dangerous and insane man is in charge of the US and his name is brzezenski.

my advise to south korea government: i'm not sure exactly how much influence the government has over hyundai, but make sure ur policy-makers discourage hyundai sales in america and transfer those efforts to some other markets with NEUTRAL foreign interests and involvement (like china or brazil or even europe). US is not a safe market. do not be too thrilled about trading with the americans. i hope all the best for hyundai and the korean people. take heed of my sincere advise and u'll be rewarded.

[KochiGachi]

KraterosHellas doesn't realize Hyundai cars are No.1 selling imported cars in Iran right now.

[KraterosHellas]

KraterosHellas doesn't realize Hyundai cars are No.1 selling imported cars in Iran right now.

i didn't know that. i'm GLAD hyundai is doing so well over the world, i hope they continue to suceed and make records. what i'm NOT happy about is the fact that they're doing well in america. i think this is a dangerous gamble. reread my previous post and think caefully, it will make sense to u folks soon enough.