Hyundai sales soar in US amid Toyota recall
Seoul, February 03: South Korea’s top automaker Hyundai Motor said Wednesday its US sales jumped by almost a quarter last month, as Japanese rival Toyota grappled with a massive recall.
Hyundai Motor America said it sold 30,503 vehicles in January, up 24 percent from a year earlier. It said the new figure accounted for 4.7 percent of the total US auto market in January.
Hyundai is a major beneficiary of the woes of Toyota, whose US sales fell 16 percent last month after the recall of millions of vehicles and the sales suspension of eight models.