Hyundai Motor Group's U.S. Market Share Hits 11.8% in Jan-April
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Hyundai Motor Group achieved an 11.8% market share in the U.S. auto market from January to April, up from 11.3% last year, driven by strong sales of eco-friendly vehicles amid declining demand for conventional models.
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Hyundai Motor Group's market share in the U.S. has been growing, with industry watchers optimistic about breaking the 12% threshold this year.
SEOUL, June 14 (Yonhap) -- Hyundai Motor Group accounted for 11.8 percent of the U.S. automobile market in the January-April period this year, data showed Sunday, on the back of strong sales of hybrids and other eco-friendly models.
According to data compiled by industry tracker Omdia, the combined market share of Hyundai Motor Co. and Kia Corp. rose 1 percentage point from a year earlier during the first four months of 2026, ranking fourth behind General Motors Co., Toyota Motor Corp. and Ford Motor Co.
The combined sales moved up 1.3 percent over the period to 589,936.
For all of 2025, Hyundai Motor Group posted a record market share of 11.3 percent in the U.S. market, with industry watchers expressing optimism that the South Korean automotive giant could break the 12 percent threshold this year.
Industry watchers said Hyundai Motor Group appears to have expanded its market share on the back of strong sales of hybrid and other eco-friendly models amid weakening demand for conventional vehicles following global oil price hikes.
"Through our powertrain strategy encompassing our entire eco-friendly lineup, we are addressing market demand in a flexible manner," a Hyundai Motor official said.
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Hyundai Motor Group could break the 12% U.S. market share threshold this year.
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Offene Fragen
- Will Hyundai maintain this growth trajectory?
- What specific eco-friendly models are driving sales?
