Monday, January 3, 2011

2011 Hyundai-Kia Automotive Group sales expected to rise 10 percent

Hyundai Motor Company, together with its affiliate Kia Motors, aims to boost the 2011 new car sales by as much as 10 percent!

Hyundai revealed yesterday that it plans to sell 6.33 million new cars in 2011, up 10 percent from 5.75 million units sold in 2010. To find the new growth, the South Korean carmaker plans to debut at least 12 new vehicles this year, including the Veloster sports car, which is scheduled to make its official premiere at the 2011 North American International Auto Show.

Hyundai will also introduce the all-new Azera sedan, which is also known as Hyundai Grandeur in the South Korean market and a brand-new MPV model. While there are no other details about other up-coming Hyundai products, we do have some information about the 2011 Kia releases.

The second largest Korean carmaker will roll out its entry-level Picanto minicar this year, as well as next generation Kia Rio. Kia will also debut a new minivan model, which will make its premiere at the 2011 NAIAS next month.

Upcoming new models will help Hyundai and Kia to do well in overseas markets, while global car demand will likely remain healthy, said one of the analytics working in the automobile industry. You can expect to see Hyundai to grow its sales further and challenge the Renault-Nissan alliance to take the place as the fourth largest carmaker in the world.

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