Major Developments Major Developments by Calendar Year

US auto sales for 2011 revealed that Hyundai and Kia motors were the top performers in overall car sales in US. The consumer auto data showed top performance scorecard of Hyundai and Kia motors for 2011. Japanese Honda and Toyota motors have received the second place.

For Hyundai, in US, Elanta model performed well for 2011 which was selected as the “ North American car of the year (2011)”.

According to the Truecar.com reports, Hyundai and Kia motors due to their market performance scorecard have scored the first place. They have considered the sales growth of all brands, their market share and the brand loyalty of their customers.

Truecar.com said, Hyundai motors is the top 5th car manufacturer in the world. They have received “A-plus” rating for eight categories. Volkswagen and Volvo car manufacturers have received “A” rating to settle down in the second place.

The online performance was also considered in this rating. The online sales of Hyundai and Kia motors have managed to be more than 1.13 million units for 2011 which is the 26.5% more than the last year sales. Both have increased their sales growth with limited unnecessary incentives. (more…)

Honda motors is the third top car manufacturer in Japan. In earlyr years, it was hit by natural disaster in 2008 to received the negative sales performance. Honda motors received the negative sales growth with 20% for 2011 but the president of Honda motors Takanobu Ito said, we are receiving our earlier positive sales returns in 2013.

Takanobu forecasts their sales performance for 2013, they will be recover their earlier sales value at he ending of the March 2013 and our sales climbing with the models Accord sedan and Civic in North America.

Honda planned to might get achieved their targets, US economy recover very fast and its moving forward. They are planning to re-modify their successive models like Accord sedan, Accord, CR-V and sport utility vehicles to capture the North American auto market to increase their market share value. They are targeted their forecast sales value for 2012 with 24% sales growth to hit 1.43 million vehicle.

Honda is planning to hit the market with a new strategy of producing cars where they are sold, they are focusing on smaller cars which are beneficial to hit the market with fuel efficient benefits. (more…)

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. (more…)