The South Korean automaker saw its U.S. market
share declining since it had reached a record-high 5.1 percent
in 2011, stymied by a lack of manufacturing capacity and newer
models, and as U.S. and Japanese rivals made a comeback.
David Zuchowski, Hyundai's former U.S. sales chief who took over
from John Krafcik this month, also said it expects U.S. industry
sales to reach 15.9 million vehicles this year, from last year's
15.6 million vehicles.
He said the company would be able to "squeeze" more output from
its manufacturing facilities in the United States and receive
more cars from South Korea, as Hyundai plans to expand capacity
in China and other countries.
(Reporting by Hyunjoo and Norihiko
Shirouzu; editing by Bernard Orr)
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