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S. Korean carmakers took 3rd place in Europe market share in Q1 Updated: 2022-05-22 17:46:48 KST

For the first time, South Korean cars have the third-biggest market share in Europe.
According to the Korea Automobile Manufacturers Association, Hyundai and Kia in the first quarter this year sold a combined 270-thousand vehicles in Europe, an on-year increase of more than 21 percent.
The growth was mostly attributed to strong demand for eco-friendly vehicles.
The two carmakers ranked third after Volkswagen Group and Stellantis.
They also had the third-biggest market share in the United States with sales of 320-thousand units.
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