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UK magazine Autocar has named Hyundai-KIA as its Automotive Manufacturer of the Year citing the world’s fifth largest car-maker’s “mind-blowing ambition” as the centre point of their decision. Hyundai -KIA have climbed in to the top ranks of the world’s biggest car companies in less than 50 years. Both companies began making cars in the mid-1960s but did not export outside Korea until the 1980s. Then with their merger in 1998 the Korean brand has become a world force in auto production, now ranked just behind Toyota, GM, Ford and Audi-VW. The award was presented by Editor Chas Hallett to Hyundai-KIA President Nam-Yong Kim who said: This recognition of the efforts of everyone within Hyundai and KIA is a great honour, coming from such a renowned publication as Autocar. This is a significant recognition of the determination of our Chairman, Mr Mong-Koo Chung and all of our people to firmly put the Korean automotive industry on the global map. This award will only encourage us to re-double...
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From an 11th place ranking in 1999, the Hyundai-Kia conglomerate has risen to become the fifth largest car manufacturer in the world. According to Automotive News, the 2008 Global Data Book shows that the group has sold 3,961,629 cars, and now has risen above the likes of Honda, Nissan, and the PSA group. “We are extremely proud of having achieved this goal in such a short period of time,” said Ik-Hwan Kim, Vice-Chairman and CEO of Kia Motors. “We have been stressing the value of our products over the last few years and our efforts have not gone unnoticed by the public or the industry, neither quantitatively or qualitatively. “ Kia will continue to focus on producing a new generation of quality vehicles with distinctive design to keep the momentum of our brand growing. As a top global automaker, we are set to move in new directions with continuous improvements in quality, design, eco-friendliness and brand innovation for years to come.” © Source: caradvice We need your comments below >>
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