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Hyundai, Kia log record sales in Britain

All News 11:31 January 22, 2017

SEOUL, Jan. 22 (Yonhap) -- Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. -- South Korea's two largest automakers -- racked up record sales in Britain last year despite concerns that the country's decision to exit from the European Union may hamper their sales in Europe's No. 2 auto market, industry data showed Sunday.

According to the Society of Motor Manufacturers and Traders (SMMT), the corporate duo sold a combined 181,883 cars in Britain last year, coming in fifth among major global carmakers.

Hyundai Motor sold a record 92,519 units in Britain last year, up 5 percent from a year earlier, while Kia Motors also posted record sales of 89,364 units there, up 13.9 percent from the previous year's 78,489 units, the data showed.

The two's performance was outstanding as a total of 2.69 million cars were sold in Britain last year, just up 1.1 percent from a year earlier, the data showed.

Meanwhile, Hyundai and Kia posted the largest annual sales ever in Europe last year with a combined 940,712 cars sold, earlier data showed.

The brisk sales put their combined market share in Europe at 6.2 percent last year, also up 0.2 percentage point from the previous year.

Chung Mong-koo, chairman of Hyundai Motor Group, tours the manufacturing lines of the automaker's plant in Zilina, Slovakia, on Aug. 3, 2016. (Photo provided by Hyundai Motor Group) (Yonhap)


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