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Hyundai, Kia's Euro market share expected to top 7% this year
Hyundai Motor Co. and its affiliate Kia Motors Corp. sold 101,322 vehicles in Europe in September, for a combined 7.8 percent market share.
While the figures are down 0.8 percent from a year earlier, it is the first time for the carmakers to surpass 7 percent in the European market this year.
Last month, Hyundai's sales in Europe dropped 4.6 percent on-year to 49,439 units while Kia gained 3.2 percent to 51,883 units.
In the first nine months of the year, Hyundai and Kia sold a total of 620,072 units in Europe amid the pandemic, down 24.1 percent from a year earlier.
Hyundai Motor sold 308,747 autos in the said period, down 27.9 percent from a year earlier, while Kia sold 311,325 for a 20 percent on-year decline.
But in the said period, the carmakers' combined share in Europe reached 7.2 percent, up from 6.7 percent from the previous year.