South Korean largest car manufacturers are enjoying their sales growth for fourth quarter of 2011. The growth rate of sales for fourth quarter is estimated at 38%. Hyundai motors continue its outstanding sales performance in external markets like US and Europe. Its got the benefits from its competitive prices, styled models and features of the vehicles. Hyundai reported its fourth quarter sales 2.0 trillion dollars net profit for October to December 2011.
Its received the North American car of the year award with its outstanding performance for its outstanding sales performances with highest sales. Hyundai’s “Elantra” performed well to increase the Hyundai sales with its 41% individual sales growth. Hyundai motors is becoming a fully competitor in the US market.
Hyundai motors quality and styling designs boost its sales performance. Mr. David Champion, senior director of consumer report auto test center said, Hyundai motors standard equipments is increasing its market share in US. Hyundai Elantra tested to declare to be well featured car in fuel efficiency, engine performance, transmission and interior and exterior spaces.