Hyundai Europe will become a part of ACEA

Article by Christian A., on June 10, 2011

Hyundai Europe will become a part of ACEA, the European Automobile Manufacturers Association, as a member effective January 2012. The organization allows vehicle manufacturers in the region to participate in shaping the EU automotive policy.

The ACEA also works to distribute industry information to the public. Among the existing members of ACEA are Volkswagen AG, General Motors Europe, Ford of Europe, FIAT S.p.A., Daimler AG and BMW AG.

The automotive industry in the EU region provides direct employment to at least 2.3 million people. It also supports 10 million jobs in related sectors.

ACEA members invest more than 26 billion in research and development annually. In a statement, Secretary General Ivan Hodac of ACEA said that the organization is convinced that the company will have valuable input for the association. Germany-based Hyundai Motor Europe entered the region way back in the late 1970s.

Currently, the company produces the i30 five-door hatchback and station wagon models at its facility in Nosovice, Czech Republic. Based on the data of ACEA, the company sold 35,333 cars in April in the region, or an increase of 28.1 percent against year 2010 results.

This gives the company a market share of 3.1 percent in Europe. Hyundai is looking forward to contributing to the organization’s valuable work in Brussels, according to President of Hyundai Motor Europe GmbH, Chang Kyun Han.

Topics: hyundai, europe

If you liked the article, share on:

Pin It

Comments

Recommended

Sorry to say this to the Sport Quattro Concept fanatics. If you guys have been hoping for the production of this iconic concept to begin, prepare for your dreams to...
by - March 27, 2017
South Korean car company SsangYong recently revealed sketches of their upcoming SUV. We’re not always impressed by Korean car designs, but this one looks quite promising. Yup, it is the...
by - March 26, 2017
Twenty-eight years after the company was first launched by Toyota, which was initially targeted to the United States market only, Lexus has already made its way to over 70 countries....
by - March 26, 2017
Last year was probably Porsche’s best year ever in terms of sales. Their factory in Stuttgart delivered 237,778 cars in total, which represents a six percent increase compared to the...
by - March 26, 2017
Lamborghini has disclosed that it is looking into the possibility of releasing electric vehicles. With the Volkswagen Group revealing that it will be releasing electric vehicles within several years, there...
by - March 25, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries