Hyundai Hits Sales Goal for US
Hyundai is a brand that has never really received that much attention. They seemed to also fall short of the Toyota and Honda brand. However, that is no longer. Hyundai has announced that they have reached their goal that they set for the United States in July of 2005. The goal was to sell around 500,000 cars annually in the United States, in order to become a bigger competitor against other foreign car companies. This goal was reached.
After reaching the 500,000 goal, they expect that before the end of the year is out that they will actually top this goal and end up sending around 530,000 cars to the United States to be sold. This is great news for a company that has been striving to make themselves better known.
So why the sudden interest in the Hyundai vehicles? There are many factors that could have helped contribute to the company's sudden growth. For starters, their main competitor Toyota, is still reeling from the recalls that the company had to go through and are still going through trials because of these recalls. Which means that more people are not buying Toyota, which if they want a foreign made car, they are then left with Honda or Hyundai. Honda has also had its fair share of recalls, however, nothing compared to Toyota. Which leaves Hyundai as the go to automaker for a car.
It should also be noted that Hyundai has really stepped up their game and are now producing cars that are on the same level as their competitors both look wise and safety wise. This has helped to increase their fan base considerably as they are receiving much higher safety ratings in recent years. What does the future have in store for Hyundai? Well, if they continue with the quality that they are doing now, the sales figures should continue to rise throughout the coming years.
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