HYUNDAI-KIA AUTOMOTIVE GROUP IS WORLD'S SIXTH LARGEST AUTOMAKER IN 2005
Group posts global sales gain of 11.6% in 2005
HASEEB AHMED FAROOQUI
July 17 - 23, 2006
The Hyundai-Kia Automotive Group ranks as the sixth largest automotive manufacturer in the world, according to the Detroit-based weekly Automotive News.
In Automotive News' most recent survey of global automotive sales and production, Hyundai Motor Co. and its subsidiary Kia Motors Corp. registered an 11.6 percent jump in global sales in 2005 to 3,715,096 units. It was the largest percentage gain of any carmaker in the million-plus sales category. With it, Hyundai and Kia climbed one spot in the global rankings.
Kia Motors has enjoyed double digit sales gains in Europe, China and Australia while in the more competitive North American market a more modest pace of growth has been registered.
The survey results were published in the June 5, 2006 edition of Automotive News and include sales of cars, light trucks, commercial vehicles and buses.
2005 GLOBAL SALES
Toyota Motor Corp.
Ford Motor Co.
Hyundai-Kia Automotive Group
Nissan Motor Co.
Honda Motor Co.
*Source: Automotive News June 5, 2006 Edition
Kia Motors Corporation (www.kiamotors.com) -- one of the fastest growing automakers in the world -- was founded in 1944 and is Korea's oldest manufacturer of motor vehicles. As part of the Hyundai-Kia Automotive Group, Kia aims to become one of the world's premier automotive brands. Kia's 12 manufacturing and assembly operations in 7 countries produce more than 1.1 million vehicles a year that are sold and serviced through a network of distributors and dealers covering 160 countries. Kia today has over 32,500 employees and annual revenues of almost $16 billion. It is the major sponsor of the Australian Tennis Open and an official worldwide sponsor of the Davis Cup. From 2007 to 2014, Kia will be an official automotive partner of FIFA -- the governing body of the FIFA World Cup. Kia Motors Corporation's brand slogan -- "The Power to Surprise" -- represents the company's global commitment to surpassing customer expectations through continuous automotive
Dewan Farooque Motors Limited (www.dewan-motors.com) reserves the exclusive rights for the assembling and distribution of Kia vehicles in Pakistan. Over the past six years, Dewan Farooque Motors Limited (DFML) has earned national recognition in producing a diversified range of quality vehicles for people from different walks of life. The plant has state-of-the-art production facilities located at Sujawal, around 145 km from Karachi in southern Pakistan. The company has just recently launched the new and exciting range of imported Kia vehicles in Pakistan. These include the powerful 2.0L CRDi 4x4 diesel Sportage, the sublime 1.4L RIO and the exciting 1.1L Epsilon Picanto. By offering these products the company intends to get closer to it's customers by offering a lineup of top quality new models. These products are sure to come as a pleasant surprise to the customers and will enable them to lead energetic lives filled with delight and excitement. Therefore, Dewan Farooque Motors Limited promises a better tomorrow for the Pakistani automobile customer.