Connect to share and comment

Hyundai's Accent becomes No. 2 best-selling car in Russia

PlacardEnlarge
(Globalpost/GlobalPost)

South Korea's largest automaker Hyundai Motor Co.'s subcompact Accent became the second best-selling car in Russia in the first three months of this year, data showed Wednesday.

Hyundai sold 25,388 units of the Accent, called the Solaris in the Russian market, between January and March, according to data posted on the Web site of the Association of European Businesses based in Moscow. Still, the sales of the Accent in the three months through March represent a 6 percent drop from a year ago.

The Accent is followed by the Pride subcompact built by Hyundai's smaller sister company, Kia Motors Corp. Kia sold 19,781 units of the Pride, called the New Rio in the Russian market, during the cited period, up 8 percent from a year ago, according to the data.

Russia's largest carmaker AvtoVAZ sold 37,169 units of the subcompact Lada Granta in the three months through March, making it the best-selling car in Russia. The sales represent a 120 percent jump from a year ago, according to the data.

Meanwhile, Kia sold a total of 41,724 units in Russia between January and March, up 6 percent from a year ago. Hyundai sold 40,714 vehicles in Russia during the cited period, down 1 percent from a year ago.

The combined market share of Hyundai and Kia accounted for 13.4 percent in Russia during the cited period, compared with 13.1 percent in 2012. Hyundai Motor forms the world's fifth-largest automaker together with its smaller affiliate Kia Motors Corp.

http://www.globalpost.com/dispatch/news/asianet/130410/hyundais-accent-becomes-no-2-best-selling-car-russia