More evidence of the world-wide popularity of the Korean auto giant Hyundai-Kia, as they passed Honda in global sales in 2007. Hyundai-Kia is now ranked fifth in terms, which is previously the rank Honda held.
The Korean automaker was ranked 11th place in 1999, but moved up to 5th place in 2007 by out-selling rivals such as Honda, Nissan, PSA / Peugeot, Chrysler and Fiat.
Now Hyundai-Kia's global sales for 2007 were 3,961,629, whereas Honda sold 3,831,000 vehicles. Hyundai-Kia has shot up six places in just eight years, according to Automotive News' 2008 Global Data Book.
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Pretty incredible this day and age. Just when you think the auto market is mature and stable, Hyundai crashes the party.
Not to mention they've passed Nissan as well.