ID :
208234
Tue, 09/20/2011 - 09:35
Auther :
Shortlink :
https://oananews.org//node/208234
The shortlink copeid
Hyundai chairman to inspect European plant, branch office
SEOUL, Sept. 20 (Yonhap) -- Hyundai Motor Group's chairman will inspect one of its car plants in Eastern Europe and visit its main European sales office to bolster the carmaker's presence in the large consumer market, the company announced Tuesday.
"Chairman Chung Mong-koo will tour Hyundai Motor Co.'s production plant in the Czech Republic and then visit the sales headquarters of Hyundai and Kia in Frankfurt," the company said in a press release.
Hyundai Motor Group, which includes Hyundai and Kia Motors Corp., is the fifth-largest carmaker in the world, after established industry giants Toyota Motor Co. General Motors Corp. Volkswagen and Renault-Nissan.
Chung plans to meet regional executives and workers, check production facilities and emphasize the necessity of rigorous quality control, which has fueled the carmaker's success in overseas markets in recent years.
The visit comes as Hyundai and Kia have steadily expanded their market share in Europe, despite generally sluggish growth posted by other automotive companies.
Reflecting this, the market share of Hyundai and Kia cars reached record-high levels in Europe last month.
According to the European Automobile Manufacturers Association, the two companies sold a combined 45,911 units in August for a market share of 5.9 percent. This surpasses the companies' previous record of 5.2 percent reached in August 2010 and in April 2011.
"Chairman Chung Mong-koo will tour Hyundai Motor Co.'s production plant in the Czech Republic and then visit the sales headquarters of Hyundai and Kia in Frankfurt," the company said in a press release.
Hyundai Motor Group, which includes Hyundai and Kia Motors Corp., is the fifth-largest carmaker in the world, after established industry giants Toyota Motor Co. General Motors Corp. Volkswagen and Renault-Nissan.
Chung plans to meet regional executives and workers, check production facilities and emphasize the necessity of rigorous quality control, which has fueled the carmaker's success in overseas markets in recent years.
The visit comes as Hyundai and Kia have steadily expanded their market share in Europe, despite generally sluggish growth posted by other automotive companies.
Reflecting this, the market share of Hyundai and Kia cars reached record-high levels in Europe last month.
According to the European Automobile Manufacturers Association, the two companies sold a combined 45,911 units in August for a market share of 5.9 percent. This surpasses the companies' previous record of 5.2 percent reached in August 2010 and in April 2011.
