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Sales of Hyundai cars in Europe up 1.9 pct in May

SEOUL, June 19 (Yonhap) -- Sales of South Korea's largest automaker Hyundai Motor Co. edged up 1.9 percent in the European Union in May, despite demand for new passenger cars declining by 5.9 percent in the region, data showed Wednesday. Hyundai sold 34,904 vehicles in May, compared with 34,251 from a year earlier, according to the data posted on the website of the European Automobile Manufacturers' Association. It also showed Hyundai's market share in Europe edged up to 3.3 percent from 3.1 percent a year ago.

Imported car sales hit new high in May

SEOUL, June 6 (Yonhap) -- Sales of imported vehicles in South Korea jumped 13 percent in May from a year earlier in the highest monthly sales ever, industry data showed Thursday. A total of 13,411 units of foreign brand cars were sold in South Korea last month, compared with 11,708 units from a year earlier, according to the Korea Automobile Importers and Distributors Association. Toyota Motor Korea Co., the local unit of Toyota Motor Corp., sold 1,314 units in May, up 128 percent from 576 units in April.

Sales of Hyundai cars in U.S. up 2 pct in May

LOS ANGELES, June 3 (Yonhap) -- Hyundai Motor America, the U.S. sales arm of South Korea's Hyundai Motor Co., said Monday that its sales edged up 2 percent in May from a year earlier due to strong sales of its core products. Hyundai said it sold 68,358 vehicles in May, compared with 67,019 units in the same month in 2012. The carmaker said it was the company's second-best sales month of all-time, second only to March 2012.

Kia Motors' sales jump 5.9 pct in May

SEOUL, June 3 (Yonhap) -- Kia Motors Corp., South Korea's second-biggest automaker, said Monday that its sales jumped 5.9 percent in May from a year earlier due to brisk sales abroad. Kia sold 253,701 vehicles in May, compared with 239,577 units in 2012, the company said in a statement. Its overseas sales increased 7.7 percent on-year to 214,201 vehicles in May. That helped offset a 3.1 percent drop in domestic sales. Kia sold 39,500 vehicles in South Korea in May. For the first five months, Kia sold 1,208,566 units, up 3.8 percent from a year ago, according to Kia.

Hyundai resumes weekend production at local assembly lines

ULSAN, South Korea, April 25 (Yonhap) -- Hyundai Motor Co., South Korea's largest carmaker, resumed weekend production at some of its assembly lines on Saturday, a move that could help the company make up for production shortfalls and resolve unfilled orders. The resumption marked the first time Hyundai employees returned to the assembly lines in Ulsan for weekend work since March 4 when the carmaker ended its decades-long practice of running a graveyard shift.

Hyundai-Kia-Europe

SEOUL, May 22 (Yonhap) -- South Korea's largest automaker Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. fared well in Europe in the first four months of this year, industry data showed Wednesday, despite a weak Japanese yen giving an advantage to Toyota Motor Corp. and other Japanese rivals. Hyundai and Kia sold 258,950 vehicles in Europe between January and April, down 0.1 percent from a year earlier, according to the data Still, their combined market share in Europe edged up to 6.2 percent from 5.8 percent a year ago, according to the data.

opinion poll-chaebol heads

SEOUL, May 21 (Yonhap) -- Lee Kun-hee, the chairman of Samsung Electronics Co., the world's top supplier of smartphones and memory chips, was selected as the most "preferred" business tycoon by South Koreans, a poll showed Tuesday. The telephone survey of 4,400 people released by Realmeter, a Seoul-based poll agency, found that 34.2 percent of respondents said Lee is the most favored head of local family-controlled conglomerates, known as chaebol.

AFC Champions League-S Korea

SEOUL, May 20 (Yonhap) -- Following their subpar performances last week, two South Korean first-division football teams now face must-win situations in AFC Champions League action. FC Seoul and Jeonbuk Hyundai Motors, representing the K League Classic, have to win the second legs in their round of 16 series this week to advance at the continent's premier club tournament. The K League Classic has produced three of the past four AFC champions.

Hyundai Motor shares fall more than 3 percent, lowest in more than a week

SEOUL (Reuters) - Shares in Hyundai Motor <005380.KS> extended falls to more than 3 percent in early trade on Tuesday, weighed down by the latest strength in the won currency and mounting concerns about labor relations, analysts said. "There are talks weekend shifts are not being enforced," said Ryu Yeon-hwa, an analyst at IM Investment & Securities, adding that would negatively affect manufacturing efficiency.

Hyundai Motor says China sales up 26 percent in April

SEOUL (Reuters) - South Korea's Hyundai Motor Co <005380.KS> said on Tuesday its China sales jumped 26 percent to 86,729 vehicles in April from a year earlier, maintaining its momentum in the world's biggest car market. The results come as Japanese rivals such as Toyota Motor <7203.T> attempt to recover from sluggish sales in China last month. (Reporting by Hyunjoo Jin; Editing by Daniel Magnowski)
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