Hyundai and Kia watch market share rise as they break ground for a new European assembly plant.
What is the fastest growing car brand in Europe? Humble Kia took the honors in 2003 with growth of 48.4 percent to 107,631 sales.
So far this year, it's Daewoo, up 41 percent to 46,784 sales with Kia seeing a 15 percent increase to 42,517 and Hyundai a 17 percent rise to 103,434.
Hyundai ended last year with close to 280,000 sales in Europe and the business plan sees that more than double to 600,000 by 2010. Dial in the contribution from Kia (close to 110,000 units 1 ast year and promising a lot more this year) and the Hyundai-Kia double act begins to look very …
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