Hyundai Motor and Kia, the first half of the US market share 10.6% -SOUTH KOREA News
4th place over Stellantis…“Annual share of double -digit”
A panoramic view of Hyundai and Kia headquarters.[Hyundai Motor Group] [Economist Lee Chang -hoon reporter] Hyundai and Kia have maintained double -digit share in the US market in the first half of this year.It is expected that Hyundai and Kia, which have exceeded 10%of the US market for the first time last year, will continue to have double -digit share this year.According to the US automotive magazine Automotive News on the 30th, Hyundai and Kia's market share in the first half of this year (January -June) accounted for 10.6%, up 0.3 percentage points from the same period last year (10.3%).Hyundai's US market share in the first half of the year, including Genesis sales, was 5.5%, and Kia's share was 5.1%.General Motors (GM) ranked first with a 16.7%share of the US market in the first half of this year, followed by Toyota (13.5%) and Ford (13.0%).Hyundai Motor and Kia, which ranked fifth in the market share in the first half of last year, ranked fourth, leading Stellantis, which has a 10.5%market share this year.Compared to the US market share in the first half of last year and in the first half of this year, the market share of GM and Hyundai and Kia has risen slightly, and the share of other major automakers has decreased.During this period, the market share decreased 1.8 percentage points for Toyota, 0.3 percentage points in Ford, and 1.5 percentage points for Stellantis.In the first half of this year, Hyundai Motor and Kia's sales amounted to 82,180 units, up 16.7% from the first half of last year (70,2875 units).By car type, Hyundai's semi -medium -sized sports utility vehicle (SUV) Tucson sold 10,591 units.Hyundai Motor and Kia's sales volume in the first half of the year was 380,57, up 11.4% from the first half of last year.Considering that the price competitiveness has fallen somewhat due to the US inflation reduction method (IRA).
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