Hyundai, Kia market share reaches record high in Europe
Seoul - Yonhap
Market share of cars made by Hyundai Motor Co. and its affiliate Kia Motors Corp. reached record-high levels in Europe last month, fueled by improved brand recognition and quality, industry sources said Sunday. Local industry sources, citing the European Automobile Manufacturers Association, better known by its French name, Association des Constructeurs Europeens d'Automobiles (ACEA), said the two companies sold a combined 45,911 units last month for a market share of 5.9 percent.
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