With global sales of 3,961,629 units in 2007 the Hyundai-Kia Automotive Group is now the world’s fifth largest automaker moving up from sixth place in 2006, according to Automotive News' 2008 Global Market Data Book published recently.

While quantitative growth has been an important objective in the past for the Group, the company’s efforts are now focused on qualitative growth in terms of continuous improvement in corporate social responsibility, profitability, technological innovation and brand power. Hyundai-Kia has the momentum to keep on growing.

The Group has seen remarkable growth in the four decades since Hyundai Motor Co. was founded. It ranked as the world’s eleventh largest automaker in 1999, the year Hyundai-Kia Chairman Chung Mong-Koo took over the helm.

Since then, it has moved steadily up the rankings ladder, becoming a more global company by building new manufacturing plants in the United States, China, India, Slovakia, Czech and Russia.

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