A sign shows directions to the Hyundai Motor Manufacturing Alabama automobile plant in Montgomery, Alabama, U.S. July 15, 2022. REUTERSPIX: Hyundai Motor Co. and its affiliate Kia Corp. recorded robust on-year sales growth in Vietnam and Indonesia in the first half of 2022, delivering strong performances in the markets traditionally dominated by Japanese automakers, local industry associations’ data showed Sunday.
The combined sales figures were 1.7 times bigger compared with the 43,085 tally of Japan’s Toyota Motor Corp. in Vietnam. The combined sales of the South Korean automakers in Indonesia, where more than 90 percent of automobiles sold are of Japanese brands, also soared to 12,013, posting a near four-fold growth compared with a year ago, according to the Association of Indonesia Automotive Industries.