Arab Today, arab today hyundai and kia expand presence in russia\s auto market to 14
Last Updated : GMT 19:10:18
Arab Today, arab today
Arab Today, arab today

Hyundai and Kia expand presence in Russia\'s auto market to 14%

Arab Today, arab today

Arab Today, arab today Hyundai and Kia expand presence in Russia\'s auto market to 14%

Seoul - Itar-Tass

South Korea’s Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. have raised their stake in Russia\'s automotive market this year to a record high on the back of strong demand for their mid-sized cars, Yonhap News Agency reported on Wednesday. The two automakers garnered a combined 13.8% in the Russian auto market in the first eight months, matching a previous record high of 13.8% in 2007. Hyundai Motor, South Korea\'s No. 1 automaker, sold 118.43 thousand vehicles in Russia in the January-August period. Kia Motors, the No. 2 player, sold almost 129 thousand units, data of the Association of European Businesses (AEB) showed. Their market share in Russia fell to 9.7% in 2008 amid the global financial meltdown but has risen steadily since then. The record market share came more than two years after Hyundai Motor began to roll out two models - Hyundai Motors’ Solaris and Kia Motors\' New Rio compacts at its assembly plant in St. Petersburg. Hyundai builds Kia Motors\' New Rio there as its affiliate currently has no facility in Russia.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today hyundai and kia expand presence in russia\s auto market to 14 Arab Today, arab today hyundai and kia expand presence in russia\s auto market to 14

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today hyundai and kia expand presence in russia\s auto market to 14 Arab Today, arab today hyundai and kia expand presence in russia\s auto market to 14

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Auto: أخبار السيارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday