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FINANCIAL NEWS
Hyundai’s ME sales up 9% in 2011
04 Mar 2012
(MENAFN) Hyundai Motor Company said that its sales in the Middle East in 2011 rose 9 percent from 2010 to a total of 283,953 units, reported Arabian Business.
The carmaker added that the country that recorded the highest sales growth in the GCC and Levant was Qatar, with 93 percent hike in sales.
On the other hand, Kuwait came second with a growth of 76 percent, followed by Lebanon with 35 percent.
Moreover, sales in the UAE jumped by 29 percent, while they grew by 18 percent in Saudi.
It is worth noting that Syria, Jordan and Oman stayed Hyundai’s biggest volume markets after Saudi.
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