Korean-made cars make inroads at expense of national makes

  • Business Premium
  • Thursday, 27 Jan 2005

KOREAN-MADE cars made significant inroads in the local automotive market last year at the expense of national cars, which experienced a dip in market share, according to the Malaysia Automotive Association (MAA). 

Hyundai made the most significant gain in market share. Although it entered the local automotive scene only last year, it managed to corner 3.3% of the total industry volume (TIV) with 16,133 units sold. In the passenger car category, Hyundai garnered a 1.9% share with 7,412 units sold. 

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