Hyundai and Kia, two major South Korean automakers, experienced a 10.5% year-over-year decline in European sales for November. According to the European Automobile Manufacturers Association (ACEA), the combined sales of Hyundai and Kia in Europe reached 79,744 vehicles last month. Hyundai's sales were 39,592 units, marking a 12.5% decrease, while Kia sold 40,152 units, an 8.4% drop compared to the previous year.
From January to November, Hyundai and Kia sold a total of 984,541 vehicles in Europe, reflecting a 4.4% decrease from the same period last year. Their market share in Europe has also reduced to 8.3%, down by 0.4 percentage points compared to the previous year.
