[THE INVESTOR] World’s fifth largest carmaker Hyundai Motor was the No.4 automaker in Brazil for the first half of this year, according to UOL, the largest Brazilian internet portal.

Hyundai sold 95,965 units in Brazil during the January-June period, accounting for 10.1 percent of the South American country’s auto market.


At first spot was US carmaker General Motors with a 16.6-percent market share, followed by Fiat Chrysler Automobiles with a 15.1 percent and German carmaker Volkswagen with 13.3 percent.

By car, the GM Onix was the best-selling model in Brazil in the first half of this year with 68,540 units, followed by the Hyundai HB20 hatchback with 55,925 units.

On July 1, Hyundai Motor had announced that it sold a cumulative 2,393,958 cars worldwide in the January-June period, down 0.9 percent from the same period a year earlier.

(theinvestor@heraldcorp.com)