Hyundai and Kia's sales in Europe rose 4.7 percent in the first quarter, but electric cars fell 20 percent
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
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stockmk2020@alphabiz.co.kr | 2023-04-19 19:13:54
[Alpha Biz=(Chicago) Reporter Kim Jisun] Hyundai Motor Co. and Kia Motors Co. sold 282,193 units in the first quarter of this year in the European market, up 4.7% from last year.
According to the European Automobile Manufacturers Association (ACEA) on the 19th (local time), Hyundai Motor sold 133,622 units in Europe in the January-March period, up 7.6% from a year earlier, and Kia sold 148,571 units, up 2.2%.
The combined market share of the two companies stood at 8.7 percent, down slightly 1.1 percentage points from the first quarter of last year. Hyundai Motor (4.1%) fell 0.4% and Kia (4.6%) 0.7%.
Sales of electric vehicles by the two companies fell 20.6 percent on-year to 33,831 units in the first quarter.
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