Hyundai Motor Co. and affiliate Kia Corp. posted a combined market share of a record 7 percent in Europe last year, rising from 6.7 percent in Europe in 2019.
However, in line with European market trends, their sales in Europe plunged 21 percent on-year to 841,520 vehicles.
Hyundai's sales plunged 25 percent on-year to 424,805 units, while Kia's dropped 17 percent to 416,715 units.
Hyundai sold over 100,000 units of its Kona subcompact SUV for the second straight year, while Kia duplicated the feat with its C'eed sporty wagon.
According to the European Automobile Manufacturers' Association (ACEA), they witnessed their largest annual drop in car demand in 2020 since its records began in 1990.
Overall vehicle sales in Europe plummeted 24 percent to 11.96 million units last year due to the pandemic.
New car sales declined for the third month in a row in December due to measures to restrict a second coronavirus wave.


Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure
Asian Markets Wobble as AI Fears Rattle Stocks, Oil and Gold Rebound
China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast
Indian Rupee Strengthens Sharply After U.S.-India Trade Deal Announcement
Nvidia’s $100 Billion OpenAI Investment Faces Internal Doubts, Report Says
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand
Japan’s Agricultural, Forestry and Fishery Exports Hit Record High in 2025 Despite Tariffs
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex
Japan Finance Minister Defends PM Takaichi’s Remarks on Weak Yen Benefits
Dollar Steady as Fed Nomination and Japanese Election Shape Currency Markets
NRW Holdings Shares Surge After Securing Major Rio Tinto Contract and New Project Wins
Qantas to Sell Jetstar Japan Stake as It Refocuses on Core Australian Operations
U.S. Stock Futures Edge Lower as Tech and AI Stocks Drag Wall Street Ahead of Key Earnings 



