Hyundai-Kia Overtakes Toyota Sales In Europe To Become Largest Asian Carmaker

Hyundai Motor Group has surpassed Toyota Motor Corp. as the largest Asian carmaker in Europe this year after the Japanese company’s sales tumbled on recalls.

Hyundai Motor Co. and affiliate Kia Motors Corp., South Korea’s two biggest automakers, boosted Europe sales 4 percent in the first 10 months to 521,369 vehicles, according to data released last week by the European Automobile Manufacturers’ Association. Toyota sales, including its Lexus premium brand, plunged 17 percent to 511,754.




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acronis - 11/22/2010 1:57:53 PM

+1 Boost

The numbers from Hyundai/Kia don't prove that Toyota has lost its mojo in Europe, only that they've taken a hit from the recalls.

What will be more telling is whether Hyundai/Kia can sustain their sales growth throughout 2011. If so, then they will be the new dominant Asian carmaker.

upwards - 11/22/2010 3:07:20 PM

-10 Boost

its the us government out to get Toyota again

ParrisBoyd - 11/24/2010 7:03:59 AM

-2 Boost

Right on for Toyota losin' ground - word has finally gotten out on the Recall King. For an example of Toyota's lousy products and service, ck my experience with the hood release in my MR2 Spyder: http://uc2.blogspot.com/2010/10/speaking-of-hoods-toyota.html