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Hyundai and Kia enter the third place in the Chinese market
The share of South Korean automakers Hyundai and Kia in the Chinese market is expected to reach a record level this year from 2005, reports news agency RUSCOR.
Total sales of Hyundai and Kia in China in the first eight months of this year amounted to 1,12 million vehicles, which corresponds to a market share of 10,6 percent and third place in the world's largest car market.
Volkswagen ranks first with a market share of 22,6 percent, followed by GM with 10,6 percent. The highest market share in 11 percent was in Hyundai and Kia in 2005 year, when the market was on the rise, and 3,13 340 was sold from 000 million sold cars by South Korean companies.