Hyundai Motor Company and Kia Motors Corp. shine in Europe!
The South Korean carmakers recorded an all-time high monthly sales in the European market in March 2012.
Combined sales of the Hyundai-Kia Automotive Group totaled 85,393 units last month, an increase of more than 15 percent compared to the same month a year ago.
According to latest sales reports from Europe, Hyundai sales increased 14 percent to 50,131 units, while Kia Motors recorded a 17 percent increase in sales (35,262 units sold).
Hyundai-Kia Automotive Group acquired 5.7 percent market share to secure the number 7 position among automakers selling cars in Europe.
Hyundai to boost European sales to half a million by 2013!
Hyundai Motor Europe announces plans to increase new car sales to more than 500.000 units by 2013!
Hyundai wants to become a major automobile player in the European market by increasing its sales to as much as 500.000 units by 2013. The half-a-million- sales mark represents a 40 percent increase in sales over the year of 2010, when the South Korean carmaker sold 358.284 new cars and SUVs.
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Hyundai reveals high-tech diesel engines
Hyundai has announced details of its latest-generation diesel engines, which the company claims has the wood on its German counterparts.
The new 'R-Engine' will be offered in two displacements -- 2.0 and 2.2 litres -- and is touted as being more frugal than any rival, as well as being Euro-5 compliant, naturally.
The raw numbers are certainly impressive, as the 2.0-litre diesel kicks out 135kW and 392Nm, while the 2.2 unit belts out 147kW and 436Nm.
By comparison, Hyundai's existing 2.2-litre turbodiesel (offered in the Santa Fe and Grandeur) ekes out 114kW and 343Nm, while the 2.9-litre oiler that was formerly available in the defunct Terracan served up a modest 120kW and 345Nm.
"R proves Hyundai's diesel development capabilities really are world-class," said Dr Hyun-Soon Lee, president of Hyundai's R&D Division.