Record European Sales for Hyundai

SEOUL, SOUTH KOREA – Apr 20, 2012: Hyundai registered a record number of new cars in Europe between January and March 2012 – 114,571 units – resulting in a European market share high for the first quarter of 3.3%.

According to figures released today by European industry body ACEA, Hyundai’s sales during the first three months of 2011 represented an increase of 12.5% compared to the same period 12 months ago. In contrast, the overall European new car market declined by 7.3%.

Hyundai recorded 50,131 new car registrations across Europe in March – another new record and an increase of 13.8% over 2011. The overall European new-car market declined by 6.6% during the same month. Hyundai has now outperformed the European market trend for 39 consecutive months since January 2009.

Sales of i30, ix35 and ix20 – the three models built at Hyundai’s plant in Nošovice, Czech Republic – represented over 50% of Hyundai’s European sales during the first quarter.

Allan Rushforth, Senior Vice President and COO of Hyundai Motor Europe, commented, “Hyundai cars are designed, engineered and manufactured in Europe for Europeans – our performance in quarter one demonstrates how well this strategy is working. Another European car, the New Generation i30, has just gone on sale and we expect this new model to drive us towards our market share goal of 3.5% by the end of 2012.”