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Hyundai Motor-Brazil Market

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(Globalpost/GlobalPost)

SAO PAULO, April 1 (Yonhap) -- Hyundai Motor Co., South Korea's largest automaker, maintained fourth place in sales of subcompact passenger cars in Brazil for the first three months of this year, data showed Monday.

Hyundai Motor sold a total of 31,744 units of the HB20 hatchback between January and March, according to data compiled by Fenabrave, Brazil's car dealership association based in Sao Paulo.

The strong sales performance began in October when the HB20 arrived at showrooms in the Latin American country.

Volkswagen's Gol was the most popular subcompact passenger car in Brazil with the sales of 57,279 units during the first quarter, followed by Fiat's Palio with 44,529 units and Fiat's Uno with 44,369.

GM's Onix came fifth with 29,169 and Volkswagen's Fox came sixth with 27,826.

Hyundai began rolling out the HB20, the sport utility vehicle HB20X and its new subcompact passenger car HB20S from its assembly plant in the capital with the aim of selling 150,000 units of the three models in Brazil this year.

In Seoul, Hyundai Motor said Monday that it sold 1.16 million vehicles in the three months through March, up 9.2 percent from a year ago.

Hyundai Motor forms the world's fifth-largest automaker together with its smaller affiliate Kia Motors Corp.

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