[eye30]

Automakers in Japan and South Korea continued to post solid gains in sales in May with Hyundai Motor <005380.KS> and Kia Motors <000270.KS> benefiting from the sustained recovery of the U.S. market while Japanese domestic sales were supported by government incentives for fuel-efficient models.

Hyundai's global sales rose 8 percent and Kia's sales jumped 21 percent in May from a year earlier, driven mainly by overseas sales.

Hyundai and Kia have gained market share in the United States, Europe and other key markets since the global financial crisis by offering stylish cars at competitive prices. They have also been helped by the cheaper South Korean currency and South Korea's free trade deals with Europe and the United States.

Shares in Hyundai closed down 2.5 percent



http://uk.news.yahoo.com/korean-japanese-automakers-post-solid-may-sales-080233893--finance.html

[Doggie 1]

Amazing.
Such a great result and their shares closed 2.5% down 

[Dazzler]

Amazing.
Such a great result and their shares closed 2.5% down 

 

[2i30s]

those figures could explain China's very low economic situation at the moment.