Whereas many carmakers are seeing their sales shrink in Europe due to the financial crisis, Hyundai managed to register a record number of new cars between January and March 2012 with 114,571 units. This represents an increase of 12.5 percent over the same period 12 months ago.
In contrast, the overall European new car market declined by 7.3 percent in the first quarter of the year. The Korean automaker now holds a 3.3 percent share of the market.
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