Hyundai Motor Company and Kia expand global market share… What is the background?

On the 25th, E-Daily TV Big Money Part 1’News in Issue’ broadcast.

[이데일리TV 이혜라 기자] Despite the aftermath of the novel coronavirus (Corona 19), domestic automakers are striking.

According to the Hyundai Motor Group Global Management Research Institute on the 25th, last year’s global automotive industry demand (72.64 million units) is estimated to have decreased by 16% compared to the previous year. During the same period, Kia’s global sales totaled 6.35851 units. Hyundai Motor Company and Kia increased their share in major markets such as India and the United States last year.

On this day, in’News in Issue’, Part 1 of E-Daily TV’s Big Money, the background of Hyundai Motor and Kia’s expansion of global market share and quarterly results were analyzed.

Hyundai and Kia’s share of the global automobile market is expanding due to COVID-19

-India (23%), America, Europe… Increased share in major markets

-Recovery to 8% of US share… Europe recorded 7% market share for the first time since entry

-Hyundai Motor Group,’Global Automotive Industry Demand’ last year… 16% year-on-year↓

-Hyundai Motor·Kia, global sales last year… 6.35 million,851 units

What is the propaganda background?

The background of Hyundai Motor Company and Kia to promote global automobile market.

Report cards that are somewhat unsatisfactory in the Chinese market

-The classic Chinese book, the world’s largest market, continues… Bad news

-665,000 units sold in China… 27% decrease compared to the previous year

-Plans to launch a large number of new cars this year… “I will use reverse”

Can I look forward to this week’s earnings release?

-Target price continued to rise despite short-term surge

Hyundai Motor’s quarterly earnings. (Unit: KRW 100 million, Source: F&Guide)
Kia quarterly earnings. (Unit: KRW 100 million, Source: F&Guide)
Hyundai Motor·Kia Annual Operating Profit Trend (Stock price consensus in 2020 and 2021, Unit: KRW 100 million, Source: F&Guide)

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