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Hyundai reports record sales surge

Thursday, April 1, 2010

Car manufacturer Hyundai has reported record sales and said it is one of the main beneficiaries of the new scrappage incentive scheme.

The project allows motorists to trade in their vehicle in exchange for at least £2,000 off a new motor, presuming their old car is at least a decade old and they have owned it for over a year.

Hyundai achieved a record market share during May, overtaking rivals Renault, Fiat and Mazda.

An increase in orders of 750 per cent was reported and said sales rose by 36.61 per cent month-on-month.

The figures have propelled the manufacturer into 11th place in the UK market, with a 3.82 per cent share.

"Our import centre at Tilbury is working flat-out for 24 hours a day to make sure the cars get out to dealers as soon as possible and then on to the customers who are waiting for their new Hyundai," explained Managing Director Tony Whitehorn.

Hyundai recently announced its i20 model had received the maximum five-star Euro Ncap rating for safety.

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