Hyundai Loses Ground to Rivals in China – Chosun Ilbo

Hyundai and affiliate Kia’s combined market share in China fell to a dismal 2.7% in 2021 with only 530,000 cars sold in the world’s largest market, The Chosun Ilbo reported.

Hyundai had soared to the No. 2 spot in 2009 but had fallen to 12th place last year, while Japanese rival Toyota rose to third place after Volkswagen and GM.

Read the full report: The Chosun Ilbo

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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