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-Hyundai Motor Company receives North American Car of the Year award.

Auto Business News-January 10, 2012--Hyundai Motor Company receives North American Car of the Year award(C)1994-2012 ENPublishing - http://www.enpublishing.co.uk

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.'

[Editorial queries for this story should be sent to abn@enpublishing.co.uk]

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Publication:Auto Business News (ABN)
Date:Jan 10, 2012
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