Hyundai-Kia passes Honda

Kia Rio

Less than a decade ago, the Hyundai-Kia Automotive Group was ranked 11th in the world in total sales volume. ~ The automaker has impressively passed Honda to take 5th position.

Toyota reported Tuesday its sales fell 21.4 percent in June, a month in which some analysts predicted Toyota would zoom past General Motors Corp. in U.S. car-and-truck sales for the first time.

Mattel Inc., maker of toy cars, has a larger market value than General Motors Corp. for the first time as record U.S. gasoline prices crimp sales of real cars and trucks.

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