In a major announcement the chairman of Hyundai Automotive Group revealed that by 2015 is aims to be selling 100,000 Hyundai and 50,000 Kia cars in Australia.
The chairman, Chung Mong-koo suggested that by the end of 2007 the company would be selling 70,000 units in Australia and by 2010 it would have doubled it’s market share. Currently that market share stands at around 4.5 percent.
New Kia models will be launched during 2006 and a new Hyundai Grandeur will be here soon. The new Grandeur went on sale in the United Arab Emirates last Tuesday.