It wasn't all that long ago that Hyundai Motor Co. announced its goal to be one of the top five automakers worldwide by 2010. Well, the automaker is one step closer, as it moved from its previous 7th place to 6th. According to Automotive News, Hyundai and its subsidiary Kia Motors Corp., saw over an 11 percent rise in sales in 2005. While many of the sales were overseas in the Chinese, Indian, and Russian markets, the company also made gains in the highly-competitive North American and European markets as well.
Ranking, based on sales, are:
- General Motors
[Source: Automotive News via Auto Reviews Online]