Hyundai / Kia: The group runs on gold
We knew that manufacturers Hyundai and Kia are experiencing huge success at selling their different models, around the world, which allow them to garner profits which are the envy of many manufacturers.
With sales continue to grow around the coast of emerging countries, it is not surprising to see today, these two South Koreans save huge profits.
Even our neighbors to the south have become good customers brands Hyundai and Kia. But it is in China or South Korean band recorded its largest increases in sales.
Here it is the second quarter record stores in net profits by the Group and each of its entities.
The benefits of Hyundai / Kia group
For the second quarter, the Group including Hyundai Kia announces profits up 71% compared to 2009 data. In absolute terms, this means that the net profits totaled 1,390 billion won (U.S. $ 1 160 billion ).
Profits manufacturer Kia
For its part, the division of Kia models also benefits income more interesting. They reach 557.8 billion in Q2 or if you prefer U.S. $ 470.2 billion. An increase of 61% compared to 2009 figures.
And it is far from finished
Over the next two years, Hyundai will have to radically change its Accent and Elantra models, while a new sport coupe is developing, the Veloster model. Shortly, the large luxury sedan Equus will join them.
For its part, Kia will soon replace its Sportage and Magentis models will become the Optima sedan. In addition, the large sedan Cadenza will join the group. Finally, the small subcompact Rio is due for a major overhaul.
Today, Hyundai / Kia group ranks 5th among the world's major automakers behind Toyota, General Motors, Ford and Volkswagen.
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