Toyota's recall may boost U.S. Hyundai sales

SEOUL, Jan. 25 (Yonhap) -- A massive recall by Toyota Motor Corp. in the United
States is likely to help Hyundai Motor Co. and its affiliate, Kia Motors Corp.,
increase their sales in the American market, an analyst said Monday.

Last week, Toyota said it will recall 2.3 million vehicles in the U.S. due to
potential problems with acceleration, marking its second massive recall in four
months and raising further questions about the safety of its vehicles.
"The report of Toyota's second massive recall would pose a positive effect for
Hyundai and Kia to regain market shares in the U.S. market," said Suh Sung-moon,
an auto analyst at Korea Investment & Securities Co.
"In particular, it would be a boon for Hyundai, which is set to begin selling the
YF Sonata sedan in the U.S.," the analyst said.
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