Hyundai Motor Company and Kia achieved 7% annual market share for the first time in the European market last year

Sales volume decreased by 21% compared to the previous year

(Seoul = Yonhap News) Reporter Jang Hana = Hyundai Motor Company[005380]And Kia achieved an annual market share of 7% for the first time in the European market last year.

According to Hyundai Motor Company and Kia on the 19th, a total of 841,520 cars sold by the two companies in Europe last year, down 21.0% from the previous year.

Kona EV
Kona EV

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However, the sales share was 7.0%, up 0.3 percentage points from the previous high of 6.7% in 2019.

Hyundai Motor sold 424,000,805 units, down 24.5% from the previous year, and Kia sold 416,000,715 units, down 17.1%.

Last year, European demand was 11,911,182 units, down 24.3% from the previous year.

For Hyundai Motors, Kona (123,000,187), Tucson (87,259), i20 (62,393), etc. 7,498 units) and Sportage (74,344 units) were sold a lot in the order.

Konawa Seed has exceeded 100,000 sales for the second year in a row.

Eco-friendly models were also promoted. Kona EV sold 46,561 units, followed by Niro Hybrid (46,000,466 units), Niro EV (31,32 units), and Kona Hybrid (28,409 units).

Meanwhile, in December last year, Hyundai and Kia’s sales in the European market were 74,395 units, down 4.6% from the same period last year. Its share was 6.1%. Hyundai Motors sold 44,236 units, the same level last year, and Kia sold 3,159 units, down 10.6%.

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