If Hyundai Is Going To Take Over The World, Then Why Are They Abandoning Japan?

Hyundai Motor, Korea’s leading automaker, has decided to stop selling passenger vehicles in one of the world’s most competitive markets - Japan - due to stagnant sales figures.

The group’s Japanese unit announced its decision late on Friday. Hyundai Motor Japan said it would focus on buses instead.

According to the local unit, Japanese drivers only buy 1,000 to 2,000 Korean vehicles each year. Since 2000, when Hyundai Motor set up shop in Japan, it has sold 15,000 units.

Last year, Hyundai Motor sold 496 units, while this year vehicle sales totaled just 764 in the first 10 months. This is in stark contrast to the brisk sales the company is enjoying in China and the United States recently.


2011 BMW 5-Series Photo Gallery

2010 Lexus GX460 and 470 Photo Gallery

2010 BMW 7-Series M-Sport Photo Gallery

2009 SEMA AUTO SHOW Photo Gallery Now LIVE!

AutoSpies.com Photo Galleries

If you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com

Share on Facebook

Read Article

PerformanceGuy - 12/1/2009 1:12:15 PM

0 Boost

Because they never had a chance of doing that. The economy is really bad right now, so people buy what they need, not what they want. Japan's economy is improving, so people are buying the cars they want. Once this happens in the USA, Hyundai sales will go back down to where they where.

XYZZ - 12/2/2009 5:40:13 AM

+1 Boost

you are right about the economy and people buying or not.

but even after the economy improves, i don't see hyundai losing a lot. not more than chrysler anyway. visit both showrooms, and see where the better choices are.

truckman - 12/1/2009 1:13:05 PM

+5 Boost

The Japanese know better and sales are slumping because of that. I don't see there dated tech taking over the world.