-Hyundai Motor Company receives North American Car of the Year award.
Auto Business News - 10 January 2012
Hyundai Motor Company (KSE: 005380), a South Korea-based automaker, has received its second North American Car of the Year award in four years.
The Automotive Press Association has reported that the Elantra compact sedan beat Ford Motor Co.'s Focus and Volkswagen AG's Passat to the award.
Michelle Krebs, a senior analyst at Edmunds.com and one of the award's 50 voters, said, 'This demonstrates that Hyundai is becoming a fully legitimate competitor in the U.S. market and a major player. It's not only the honours, but the sheer sales. And it's a far cry from where they were.'
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((Distributed via M2 Communications - http://www.m2.com)).END.PUB430>PDJanuary 10, 2012>JNAUTO BUSINESS NEWS.PRICEDATENOT APPLICABLE.DAY
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|Publication:||Auto Business News (ABN)|
|Date:||Jan 10, 2012|
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