Hyundai Motor Co. and affiliate Kia Corp. posted a combined market share of a record 7 percent in Europe last year, rising from 6.7 percent in Europe in 2019.
However, in line with European market trends, their sales in Europe plunged 21 percent on-year to 841,520 vehicles.
Hyundai's sales plunged 25 percent on-year to 424,805 units, while Kia's dropped 17 percent to 416,715 units.
Hyundai sold over 100,000 units of its Kona subcompact SUV for the second straight year, while Kia duplicated the feat with its C'eed sporty wagon.
According to the European Automobile Manufacturers' Association (ACEA), they witnessed their largest annual drop in car demand in 2020 since its records began in 1990.
Overall vehicle sales in Europe plummeted 24 percent to 11.96 million units last year due to the pandemic.
New car sales declined for the third month in a row in December due to measures to restrict a second coronavirus wave.


Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026
Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar
S&P 500 Hits Record High as Tech Rally Slows Amid Iran Peace Uncertainty
US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook
US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns
SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target
Wall Street Hits New Highs as U.S.-Iran Ceasefire Talks Boost Market Sentiment
HP Q2 2026 Earnings Beat Expectations Despite Memory Chip Pressure
U.S. Launches New Strikes on Iran as Trump Signals Peace Deal Uncertainty
Dell Raises 2027 Revenue Forecast as AI Server Demand Drives Record Quarterly Results
Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment
Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision
Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements
Dollar Gains Slightly as U.S.-Iran Tensions Keep Forex Markets on Edge
Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions
European EV Sales Surge in April 2026 as Tesla and Chinese Automakers Gain Ground
CTOC Goes Live on Bitget Wallet Trading, Expanding Global Access to AI-Powered Healthcare Data Ecosystem 



