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Hyundai Motor and Kia Motors announce record domestic sales, highest in 17 years

2019-06-16 7 Dailymotion

Korean automakers Hyundai Motor and its affiliate Kia Motors... have announced record domestic sales,... the highest in 17 years.<br />According to Hyundai Motor Group Sunday,... in the first five months of 2019,... Hyundai Motor sold over 320-thousand vehicles, while Kia Motors sold more than 200-thousand,... topping a previous record seen in 2002, over the same period.<br />The company attributed the brisk sales... to the government's tax cut on passenger cars... and a sluggish performance by imported brands. <br />Between January and May this year, Hyundai and Kia's combined sales accounted for nearly three-quarters of the Korean automobile market. <br />

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