Financial Times FT.com

Hyundai takes Asian lead in US sales

By Song Jung-a in Seoul and Bernard Simon in Toronto

Published: April 2 2008 22:14 | Last updated: April 2 2008 22:14

South Korea’s Hyundai Motor reported a rise in US auto sales in March, becoming the only Asian brand to report an increase in the world’s largest vehicle market.

The Korean carmaker boosted sales in the US by 1.9 per cent to 42,796 vehicles in March, raising its market share from 2.7 per cent to 3.2 per cent, thanks to strong incentives and the weaker local currency.

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