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Hyundai-Kia in trouble at home


The South Korean group, which traditionally dominates the home market has started to struggle to keep its market share as imported rivals gain pace. For the first time in the last six years, the group’s share fell below the 70% threshold, to a 68% hold in 2013 – a decrease of 3% over 2012. The country’s free trade agreements with the ...
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Japan: Nissan wants profit over market share
According to Corporate Vice President Joji Tagawa, the automaker would even accept falling short of its global market share target of 8% by 2017 if that means it would be ...
Hyundai aims to raise its market share in Europe by 50%
Responding to improving demand in the region with new models and expanded production capacity, Hyundai also aims to boost its European market share by almost half by the end of ...
City car boosts Opel’s European market share
General Motors brands Opel and Vauxhall increased their market share in Europe in 2013, as sales of the new Adam city car helped counter a declining auto market. Opel has struggled ...
Executive says Hyundai not dead on defending European market share
Allan Rushforth, Chief Operating Officer at Hyundai Motor Europe said the South Korean manufacturer will seek to expand in Europe, but will not try to maintain its market share at ...
PSA’s CFO predicts fourth-quarter market share gains
The French carmaker, Europe’s second-biggest carmaker, after VW Group, forecast a fourth-quarter market share increase on the continent as new models boost demand. Peugeot, which reported a first-half operating loss in ...
Ford talks about China and competition
The American automaker aims to capture 5% of China vehicle sales in the fourth quarter, double its share at the end of 2011, according to the top official in the ...
Standard & Poor rewards better rating to GM and Ford
A good reflection of the industry recovery, two of the three Detroit automakers just went up in Standard & Poor’s Ratings Services yesterday – GM went from stable to positive ...
PSA hopes for better days, according to CEO
The second largest car manufacturer in Europe tries to see the light at the end of the tunnel and chief Philippe Varin gives investors hope for better times. According to the ...
Hyundai tempers its ambitions in Europe
Due to the unending fall of the car sales in the traditional European zone, Hyundai is scaling back its growth ambitions for the time being, but the South Korean automaker ...

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