Hyundai-Kia Automotive Group Joins Ranks of Global Top 5 Automakers

- Rapid rise from 11th in 1999 orbicular rankings to 5th locate in 2007

New Delhi, July 2, 2008: With orbicular income of 3,961,629 units in 2007 the Hyundai-Kia Automotive Group has emerged as the world`s ordinal maximal maker agitated up from ordinal locate in 2006, according to Automotive News` 2008 Global Market Data Book publicised on June 30, 2008.

While decimal ontogeny has been an essential neutral in the time for the Group, the company’s efforts are today convergent on qualitative ontogeny in cost of constant transformation in joint ethnic responsibility, profitability, subject conception and sort power. Hyundai-Kia has the strength to ready on growing.

The Group has seen important ontogeny in the quaternary decades since Hyundai Motor Co. was founded. It hierarchical as the world`s ordinal maximal maker in 1999, the assemblage Hyundai-Kia Chairman Chung Mong-Koo took over the helm as the CEO. Since then, low Chairman Chung`s leadership, it has touched steadily up the rankings ladder, accelerating its near to extend dealings by antiquity newborn manufacturing plants in the United States, China, India, Slovakia, Slavonic and Russia.

Counting the goods income of 185,114 rank knock-down kits which are collective by foreign partners, the Group`s 2007 orbicular income reached 4,146,743 units. Automotive News’ epistemology excludes CKD sales.

2007 Global Sales Rankings

1. Toyota Motor Corp. 9,366,000
2. General Motors 8,902,252
3. Volkswagen AG 6,191,618
4. Ford Motor Co. 5,964,000
5. Hyundai-Kia Automotive Group 3,961,629
6. Honda Motor Co. Ltd. 3,831,000
7. Nissan Motor Co. 3,675,574
8. PSA/Peugeot-Citroen SA 3,428,400
9. Chrysler LLC 2,676,268
10. Fiat S.p.A. 2,620,864

Tags: chung mong koo, corporate social responsibility, ford motor co, global market data, global rankings, honda motor, honda motor co, honda motor co ltd, hyundai motor, hyundai motor co, manufacturing plants, nissan motor, nissan motor co, overseas partners, psa peugeot citroen, qualitative growth, rapid climb, top 5 automakers, toyota motor corp, volkswagen ag

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