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Hyundai Motor Group takes up 11.8 pct of U.S.
market through April: data
By Kang
Yoon-seung, Yonhap News Agency - Hyundai Motor Group accounted for 11.8 percent
of the U.S. automobile market in the January-April period this year, data
showed Sunday, on the back of strong sales of hybrids and other eco-friendly
models.
According to
data compiled by industry tracker Omdia, the combined market share of Hyundai
Motor Co. and Kia Corp. rose 1 percentage point from a year earlier during the
first four months of 2026, ranking fourth behind General Motors Co., Toyota
Motor Corp. and Ford Motor Co.
The combined
sales moved up 1.3 percent over the period to 589,936.
For all of
2025, Hyundai Motor Group posted a record market share of 11.3 percent in the
U.S. market, with industry watchers expressing optimism that the South Korean
automotive giant could break the 12 percent threshold this year.
Industry
watchers said Hyundai Motor Group appears to have expanded its market share on
the back of strong sales of hybrid and other eco-friendly models amid weakening
demand for conventional vehicles following global oil price hikes.
"Through
our powertrain strategy encompassing our entire eco-friendly lineup, we are
addressing market demand in a flexible manner," a Hyundai Motor official
said.
Source: https://en.yna.co.kr/view/AEN20260614000800320?section=k-biz/index
