Toyota should not be forgotten but Hyundai is a very serious rival, says Volkswagen

It’s not a secret anymore that Volkswagen wants to become the world’s biggest automaker and to topple Toyota from its No. 1 spot.

But it appears that things changed a little and a new rival appeared in the spotlight: Hyundai-Kia group is seen as a bigger rival than the struggling Japanese company. In a recent interview VW CEO Martin Winterkorn admitted the fact that Hyundai learned how to build good cars and due to this fact, the Korean manufacturer has enjoyed enormous growth in sales and profitability in recent years. In North America for example,
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Caraficionado - 7/15/2010 2:20:52 PM

+4 Boost

Way to go Hyundai!

Joe_Limon - 7/16/2010 5:53:39 PM

-1 Boost

wait, camry hybrid is class leader in mpg? bahahaha

tattedtwice - 7/16/2010 5:14:35 AM

-2 Boost

They should absolutely be worried. Right now they have yuppy-wannabes and prissy metrosexuals keeping their boring cars moving off the lots, but that wont last. Hyundai is anything but boring these days, and with their momentum, they'll topple them in time.