Hyundai announced its total global sales surpassed 50 million vehicles over the past 30 years.
South Korean Hyundai Motor and its affiliated Kia Motors said that the milestone was reached as they shipped Avante compacts, i30 compacts and Tucson ix crossovers to the US. In 1976 Hyundai shipped six Pony sedans to Ecuador, after in 1975 Kia exported 10 Brisa pick-up trucks to Qatar. The biggest increase came in the recent years, as the two automakers gradually improved their vehicles’ quality, including the Hyundai Genesis and Equus flagship.
Unfortunately, the milestone of 50 million vehicles is overshadowed by a massive recall in the States, where the two automakers are recalling around 1.86 million cars to fix issues related to the brake light switches and airbags. Five months ago Kia and Hyundai had to face another drawback when they were accused of inaccurate fuel economy ratings of their vehicles sold in the States.
In November both Kia and Hyundai admitted overstating the estimated fuel economy at almost 900,000 cars sold since 2010 and said they were willing to spend millions of dollars for these faulty claims as long as the owners kept their vehicles. Hyundai Motor America President and CEO John Krafcik said that despite the cost of reimbursements the automaker will not lose money and any potential revenue loss will not affect the supply of vehicles.