Financial Times FT.com

Hyundai gains amid turmoil in US car market

By Bernard Simon

Published: February 4 2009 17:24 | Last updated: February 4 2009 17:24

Hyundai’s aggressive marketing strategy appears to be giving it traction amid the turmoil in the US car market.

While total industry sales last month sank 37 per cent from a year earlier to the lowest level since December 1981, the South Korean carmaker posted a 14 per cent gain. Its market share grew from 2.7 per cent in December to 3.7 per cent, according to Autodata.

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