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Hyundai-Kia Wants World's Fourth Largest Carmaker Spot

After seeing how great car sales were going in the last couple of months, the Hyundai-Kia conglomerate started dreaming about more enthusiastic things, including a potential fourth place in the world's largest carmakers top. The automotive group hopes it will deliver up to 5.7 million cars this year, after it has already sold 5.2 million cars in the first eleven months of the year (3.3 million Hyundais and 1.91 million Kias), which is a 23 percent increase as compared to the same period of the last month.

Hyundai has more optimistic sales goals for the next year, but becoming the world's fourth carmaker will be hard to achieve. The group intends to deliver up to 6.4 million cars in 2011 but the company that's currently holding the fourth place (after Toyota, GM and Volkswagen), namely Renault-Nissan, has already delivered more than 6 million cars this year.

But Hyundai-Kia is not the only automaker that has high expectations from the future. Ford for example is again hoping to become the number 2 car manufacturer in the United States once again, as it now holds a 16.5 percent share of the local auto sector. GM is still the leader in the United States, despite the financial problems the company has experienced in the last two years, followed by Toyota who snatched the second position from Ford in 2007.

"The last time Ford gained one or more points of market share was in the '80s. It's the first time since 1993 that we have gained share in the U.S. back-to-back two years in a row," George Pipas, Ford market analyst, said in a statement.
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About the author: Bogdan Popa
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Bogdan keeps an eye on how technology is taking over the car world. His long-term goals are buying an 18-wheeler because he needs more space for his kid’s toys, and convincing Google and Apple that Android Auto and CarPlay deserve at least as much attention as their phones.
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