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Industry: Email Alert RSS FeedHyundai wants to outsell Nissan in Europe; Korean carmaker will launch 3 new or refreshed models.(News)
Automotive News Europe, March, 2005 by Oliveira, Paulo Soares de
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Byline: Paulo Soares de Oliveira
Hyundai expects its European new-car sales to overtake Nissan's this year.
"Passing Nissan is now our next goal, and it is not far away," said Werner Frey, Hyundai Motor Europe vice president, at the launch here of the new Sonata large-segment sedan.
Frey said Hyundai aims to sell 430,000 units in Europe this year, raising its market share to 2.6 percent.
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Last year Korea's biggest auto-maker sold 340,000 passenger vehicles throughout Europe, giving it a 2.1 percent share of the market. Nissan had a 2.5 percent share in 2004. ...
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