Hyundai achieved sales of five million vehicles in Europe

Article by Christian A., on May 30, 2011

Hyundai has achieved sales of five million vehicles in Europe ever since its first Hyundai Pony was imported in 1977, with an i30 as the five millionth unit. The i30 was introduced in the market in 2007 and has subsequently sold just over 320,000 units across the dealer network in Europe.

Since 1977, the sales of the company have increased at a steady rate, concluding recently in a major increase in demand for its vehicle models that saw the last one million sales obtained within just three years.

The company has overtaken the European market’s trend in sales for 27 consecutive months until March 2011. By 1996, Hyundai recorded its first million European sales, and by 2001, the two millionth vehicle was sold.

With an expanding retailer network covering a greater area as well as the growing awareness of European consumers, the company was able to achieve three million mark by 2005 and four million by 2008. With the launch of the i30 in Europe in 2007, the company’s progressed moved to a higher level.

Aside from being the first Hyundai vehicle that was engineered and designed to suit the European consumers’ taste, the i30 was also the first of the company’s models to have the ‘i’ prefix, establishing a system of nomenclature that remains today.

The i30 is manufactured at the company’s first manufacturing facility in Europe, specifically in Nošovice, Czech Republic. This was opened with the aim to deliver the highest quality standards that helped to bring the i30 into the competitive C-segment in Europe.

Topics: honda, sales, europe

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