Hyundai-Kia grabs record share of U.S. car market

Hyundai-Kia Automotive Group took up 8.4 percent of the U.S. auto market last month, a new record high, it said Friday. Its previous record was 8 percent set in August last year.

The Korean carmaker now ranks 6th in the U.S., trailing GM, Ford, Toyota, Honda, and Chrysler, but far ahead of 7th-place Nissan with 6.6 percent.

A total of 983,800 new cars were sold in the U.S. in June, up 14 percent from a year earlier.