2012 Hyundai sales to hit 7 million vehicles!
Hyundai-Kia Automotive Group aims to sell 7 million new vehicles worldwide in 2012!
Hyundai Motor Company and its sister firm Kia Motors announced plans to sell 7 million cars globally in 2012! Although both carmakers posted significant sales increase over the past couple of years, they are not just done with racking up big sales!
The world’s fifth largest carmaker expects its sales momentum to continue, however, its rapid volume growth could soften a bit due to the limited manufacturing capacity, which keeps Hyundai-Kia from boosting output sharply to fully meet fast rising demand.
Boosting sales in Europe, China and USA will be the carmaker’s key to surpass the 7-million sales mark next year. To increase its sales in Europe, Hyundai plans to roll out a brand-new i30 hatchback to compete against the VW Golf and Ford Focus.
The all-new 2012 Hyundai i30, which boasts completely new design, improved safety and highly-advanced powertrain technology, is expected to secure Hyundai a bigger share of premium sub-compact car market in Europe! European Hyundai i30 sales are projected to hit 200.000 units each year.
Speaking of new technology, Hyundai hosted an international powertrain conference last week which confirmed the South Korean automaker will continue a phase of rapid development with new engines and transmissions intended to meet strict fuel-economy regulations.
Among others, Hyundai will unveil a 204-hp 1.6L turbo four-cylinder engine, 3.3 V6 Lambda GDI and upgraded 2.0L four-cylinder diesel engine that meets Euro 6 emissions requirements. Hyundai is also working on a cylinder deactivation technology, 2-stage turbocharging technology, supercharged hybrid-electric vehicle and 10-speed automatic transmission.
Hyundai sales in 2011
As of now, the South Korean automobile giant is placed fifth in car making, behind the all-mighty Toyota, GM, VW and Renault-Nissan. However, going by the current projections, Hyundai-Kia Automotive Group could surpass the Renault-Nissan as the world’s fourth biggest carmaker already next year!
This year, Hyundai and Kia expect to beat their already upgraded 2011 sales targets of 6.5 million vehicles, anticipating sales of between 6.5 million and 6.6 million vehicles globally.
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23 Responses to 2012 Hyundai sales to hit 7 million vehicles!
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Hyundai owners & enthusiasts, welcome!
Hyundai/Kia are the next big thing. The way they’re going, I won’t be surprised to see them hit the big 8 million in 4-5 years time.
Too right Alex. One truly does not need to be Einstein to see they have svelte really cool looking cars compared to other car manufacturers who have not got the same zesty cute designs that Kia and Hyundai have!
They have smashed the designs and especially inside is light years ahead of most. Coupled with unreal motors that achieve great economy, unreal inclusions and very competitively priced = people will see this sooner rather then later and swap allegiances and leave others with less volume! I know when your with a partner you want to be with the cutest girl as opposed to an average looker! This is chief reason why they selling more volume whilst others just have average looker cars in their range!!!!!!!!!!!!!!!!!!!!!!!!!!!!
That is Ridiculous,
wow guys!!
Now that Korea was added to our preferred partner trading list and import tariffs for their exported good to the U.S. will now be reduced, prices (should) drop even lower. With that competitive advantage, I`m afraid its not good new for either the American Auto Worker or the Auto Industry in general.. HKAG (may) just just hold the line on their pricing an increase their profit margins which, with the ever dropping U.S. Dollar, they will probably do. Proof of their obsession to increase “profit margins” at any cost was proved at least here in the U.S. by just looking in the (trunk) of some of their Vehicles and see what is missing. Need I say more?
The option of taking out the tire was done to get the 40mpg and to also increase money flow for the dealers. Plus alot of automakers are doing it.
Heywood, the Free Trade Agreement between the US and South Korea will benefit US domestic marques.
But I can’t really speak on this issue because I don’t know how successful the US domestic brands have been in SK.
ko; You got half of your “facts” right. Removal of the Emergency Spare Tire (donut) and Jack Tool KIt will help HKAG “increase” their profit margins on the Vehicles they sell in the U.S. As far as Fuel Economy goes, a bag of Groceries weights more then the tiny temporary emergency tire and jack. Why not make an argument then that several 100 lb Jockeys will obtain significantly higher MPG then average 150 lb adults? Why do they put the small temporary emergency spare tire in Canadian destined Vehicles, Canadians don`t care much about MPG? Why do they put a “Full Size” Spare Tire in the same Vehicle sold in Australia, even heavier. Australians don`t much care about Fuel Economy either? Like I posted before, check amazon .com and you`ll see the toy min air-compressor with can of tire sealant goo sells (retail) for $20. Case Closed! All these other fabricated excuses are simply nonsense.
lol No one said HKAG was perfect. There were known for their cheapness before and have retained cost cutting measures.
Fifth largest? The 2010 OIC numbers said Fourth, which is also predicted for 2011.
Heywood, you don’t know much about how the EPA rates fuel economy. Cars are put in “inertia weight classes” based on how much a typically equipped model weighs (a manufacturer can certify different trims if they want, but the prefer not to). So shaving even a pound can throw the car into the next lower weight class and the car then gets less of an adjust for weight Furthermore, the sticker numbers are rounded. So one pound could mean the difference between a 39.4 rating, which would appear on the sticker as 39 MPG, and a 39.6 rating, which gets published as 40 MPG. I’m not sure how Canada’s ratings work, but if you’re talking about the Elantra, remember Canadian-bound cars are built in the same plant as the US ones, so why bother to get a supplier in the US for a much smaller market?
In the future, kindly know what you’re talking about before accusing others of not knowing, OK?
Derrick, Just exactly what are (you) disputing? Of course (both ) the Elantra and the Accent are manufactured at the same Plant for (both) U.S. and Canadian Export. So what does that have to do with having different content and equipment assigned to each destined Country? As far as your EPA Fuel Economy ratings and the “inertia weight classes”, maybe you (do) know something that may have qualified Hyundai to get the 39.6 instead of 39.4 MPG to get bragging rights on a “40 MPG” Accent rather then a “39 MPG”, EPA Rating. If yanking the Emergency Spare Tire, (donut) and Jack out of the Trunk to achieve the (extra) 1 MPG is a Deal Breaker, then why the hell are they able to boast the identical Fuel Economy Ratings for their Larger Displacement and heavier weight Elantra (without GDI) which once again, for (only) the U.S.market gets the Mini-Air-Compressor and Can of Tire Sealant Goo too. You can be a Hyundai Cheerleader all you want, but other then (your) assumption that the extra weight in the Trunk would reduce EPA Fuel numbers from 40 to 39 MPG, it was only done for Cost Savings,and to increase profit margins for HMA. I (was) in Canada recently, and in fact, Canadian Elantra`s and Accent`s “do” have a Emergency Spare Tire and Jack and they are produced in the same Korean Plant, perhaps on another assembly line. Mind you, I`m not “bashing” HKAG, I truly love their Vehicles and am awaiting the arrival of my 2012 Kia Rio5. Well founded criticism of an issue (is not) trashing a Brand or Manufacturer! Given a choice, 99% of Car Buyers would gladly give up the alleged 1 MPG in exchange for the assurance that if they experienced a major tire failure, they could go on their way without having to be towed.
Heywood – I gotta agree with you on that the Accent’s 30/40 ratings are disappointing considering it’s lighter and less powerful than the Elantra.
Alex, If (I) was not looking for a 5 door hatchback and wanted instead a 4 door sedan, the 2012 Elantra woud be in my driveway already. The Elantra, with virtually the identical options and content is $18.995 versus An Accent GLS at $17,450. For $1500 extra you get a larger, heavier, more powerful vehicle that will no doubt have much higher future trade-in value and you get the same MPG Fuel Economy. The only technology missing is the GDI Engine and Hyundai is probably holding off on that upgrade for the 2013 refresh. I can`t fathom that HKAG was unable to tweak their new Accent and Rio someway to boost both their Fuel Economy numbers to reflect the size and weight difference. Funny, both the Media and Car Magazines have not brought out this odd glaring discrepancy.
Yeah, I was wondering when (indeed if) the media would pick up on the Accent and Elantra mileage oddity.
I was thinking of buying an Elantra or Accent, I might I was well go for the Elantra which is much nicer looking and more spacious inside than the Accent.
No, the Elantra is built for Canada in Montgomery, AL, not SK. And the reason the Accent gets about the same mileage as the Elantra is aerodynamics. And Hyundai is not at all alone in that. It’s harder to make a stubby car aerodynamic than a longer one. It’s called road-load. While a smaller car can get better mileage around town, where airflow isn’t as big an issue, on the highway that’s not the case. It’s why the new Scion iQ only manages 1 MPG better on the highway than in the city. So it’s an industry-wide issue.
I don’t know Canada’s rating protocol, so maybe there’s a similar scheme up there that makes the sealant kit worth it. Or maybe since the cars are similar in features and weight and tires it’d still mean a Canada-specific mini-spare. Or maybe they just don’t want people from the upper US states going up there and renting an Elantra and seeing they get a real spare. But truth is EPA estimates are the force behind doing it in the US. Yes, I’m quite sure the money savings aren’t anything Hyundai groans about, but fuel economy is what everyone has to worry about now and weight is enemy number one of that and Hyundai’s not the only one using sealant kits to combat weight.
Neve rmind; I do now know: Canada uses the old US 2-cycle Federal Test Protocol, which includes the weight classes and even a specific reference to the US’s rules. So anything done in the US will be done in Canada, too. So you’re doubly wrong. In both cases the main goal is a better fuel economy rating. Note that Canada is implementing new rules, but it doesn’t look like they’ll necessarily deviate from US rules so much as just maybe have higher standards.
With Canadian Elantra`s being assembled (now) at Hyundai`s Alabama Plant, if U.S. Elantra`s are still being shipped over here from S.K. how much longer do you think before (all) Elantra`s for “North America” will be manufactured on “This side of the pond”? Whether Hyundai has the current capacity at their Alabama facility to handle all North American Elantra demand might be another reason. I`m not a scientist nor an export in aerodynamic design, (but), there is no way in hell that a reasonable person would be “pleased” that their B-Segment Sub Compact Accent with almost identical content and sells for just $1500 less then a comparably equipped Elantra, that has more room, heavier weight, bigger displacement engine (without GDI) and gets the same MPG and at trade in time will be worth much more in residual value would opt for the Accent Sedan over the Elantra Sedan. Derrick, if Hyundai offers as an after market accessory , “The Mobility Kit” for approx. $360 to add the (missing) Emergency Spare Tire, (donut) and Jack Tool Kit for its 2011 and 2012 Elantra, while that Toy-Mini Air-Compressor Kit with Tire SEalant Goo sells for $20 retail on Amazon.co, what do you think HKAG buys them for? Funny, a (bit) of savings that Hyundai won`t groan about. The only “groaning” will be coming from the Buyer when he goes to his/her Dealers Part`s Department to eventually purchase what should have been in the Trunk to begin with! Bet there is a lot of “Junk Yard Vultures” attempting to find the Emergency Tire and Jack Tool Kits from “Crashed/Wrecked” Hyundai`s and Kia`s. Thats where I got mine!
Imma side with Derrick on this one – both price and milage concerns were the reason the spare tire was dropped.
Alex, you certainly entitled to (your) opinion and to (interpret) the “facts” as you choose. You mention price being one of the reasons. I agree as well, but not for the consumer but for the Manufacturer as a cost cutting measure savings. As far as the added Fuel Economy of (maybe) the 1 MPG that is achieved, I hope if you end up purchasing your U.S. Spec Elantra or Accent and have the misfortune of having a major tire failure that the Can of Sealant Goo is unable to repair, you will remember that 1 MPG Fuel Savings as you await the Tow Truck to haul you and your vehicle away. Also remember when you have to pay out of pocket to repair the Vehicles “TPMS”, the Tire Pressure Monitoring System, which the Owners Manual cautions that (might) be impacted once the Tire Sealant Goo is used, the Repair will (not) be covered under the Manufacturers bumper to bumper 5 year 60K Warranty. Cheers!
Hey I will be getting a spare and jacks anyway so yeah
Glad you agree with Derrick G after all, LOL!
Off Topic; Got a call yesterday afternoon from one of (7) Kia Dealerships I was on a “wait list” for a 2012 Kia Rio5 “LX” with the Power Package. Hollywood Kia here in South FL called and said the exact vehicle I was looking for (just) rolled off the Truck. Clear White with Beige Interior. It also had the added Carpeted Floor Mats for $100. MSRP of $16545 including freight. Made the deal in 30 minutes. Should be driving it home Wed or Thur. My wait is over!
I’m not arguing the “mobility kit” is a great idea. I’m just arguing that the overreaching reason for it in the US and Canada is for the gov’t fuel tests. I doubt anyone would be using it otherwise in this class because it’s unpopular, but fact is most customers don’t have a flat soon after buying. In the luxury class, where most owners probably wouldn’t change the tire themselves, might not be such a big deal. But then again the EPA ratings aren’t such a big deal in that class, so why bother? If it were me personally, I’d include the price of a full-size spare and jack in the price of the car and let the dealer bargain from that point, at which the price of the kit would probably fall a bit.
I’m doubting that Montgomery is going to be able to handle all Elantra and non-Hybrid Sonata demand any time soon. I wasn’t involved in this Elantra vs. Accent debate excepting fuel economy and I’ve addressed that all I intend to.