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AUTOMOTIVE
Transports of Delight

Tuesday, June 17, 2008

Hyundai and Foton are baring their teeth in the increasingly competitive truck retail market.

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SOUTH Korean and Chinese truck sellers are accelerating. Although they only started selling their products last year, sales of Hyundai and Foton (China) are increasing sharply. Hyundai's market share in the 5-ton class, for example, jumped from 2.5 percent last year to 6 percent in March 2008. Its principal, Hyundai Korea, for this year had actually only set a target market share of 4-5 percent.

Marketing Director of PT Korindo Motors Poeng Wiyata

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