Arirang News
French and Italian automakers are getting blooded by the rise of Korean car market share in EU, when the market is contracting due to an ongoing financial crisis in Europe.
Hyundai & Kia Motors European Combined Market Share Hit Record High in June
The European Automobile Manufacturers Association says the companies' vehicle sales accounted for 6.3-percent of the market in June, up point-2-percent from two months before.
Hyundai and Kia ranked EIGHTH after BMW Group, selling around 79-thousand units.
For the first time ever, the Korean automakers are expected to report a combined market share in the 6-percent range throughout the year.
French and Italian automakers are getting blooded by the rise of Korean car market share in EU, when the market is contracting due to an ongoing financial crisis in Europe.