Here's more evidence that other car brands are benefiting from Toyota's ( ) ongoing recall of millions of vehicles: A Kelly Blue Book survey released Wednesday shows that owners of Ford ( ), Chevrolet, Kia ( ) and Hyundai ( ) are becoming more loyal to their brands, while brand loyalty among Toyota owners has declined. Furthermore, shows that Toyota owners are shifting their car buying interest to Ford and Korean automakers Kia and Hyundai, and away from Toyota and other Japanese brands, including Honda ( ) and Nissan ( ) "One might have guessed Toyota owners would switch their allegiance to other Japanese brands, but instead they seem to be turning away from Japanese brands as a category," says Jack Nerad, executive editorial director of Kelly Blue Book and kbbcom "It's just another indication of the far reaching effects of these recall related issues" 
Share:  <span class="sent">Here's more evidence that other car brands are benefiting from Toyota's ( ) ongoing recall of millions of vehicles: A Kelly Blue Book survey released Wednesday shows that owners of Ford ( ), Chevrolet, <span class="company">Kia</span> ( ) and Hyundai ( ) are becoming more loyal to their brands, while brand loyalty among Toyota owners has declined. </span> Furthermore, shows that Toyota owners are shifting their car buying interest to Ford and Korean automakers <span class="company">Kia</span> and Hyundai, and away from Toyota and other Japanese brands, including Honda ( ) and Nissan ( ) "One might have guessed Toyota owners would switch their allegiance to other Japanese brands, but instead they seem to be turning away from Japanese brands as a category," says Jack Nerad, executive editorial director of Kelly Blue Book and kbbcom "It's just another indication of the far reaching effects of these recall related issues" Tweet this 

We've written before about how Hyundai and its Kia sibling have benefited from cash for clunker schemes and a smart marketing strategy geared to the economic downturn. Recent indications are that the Korean automakers' success was no clunker fueled flash in the pan. Hyundai's sales in the US surged 46% in November , raising its US market share for the year by a third to 4%. 
Share:  <span class="sent">We've written before about how Hyundai and its <span class="company">Kia</span> sibling have benefited from cash for clunker schemes and a smart marketing strategy geared to the economic downturn. </span> Recent indications are that the Korean automakers' success was no clunker fueled flash in the pan. Hyundai's sales in the US surged 46% in November , raising its US market share for the year by a third to 4%. Tweet this 

"HMC and its affiliate Kia have shown robust growth in sales and gained market share in major markets year to date, despite the onslaught of one of the most serious downturns in auto industry's history last year," said Jeong Min Pak, Director in Fitch's Corporate Ratings team.  
Share:  <span class="sent">"HMC and its affiliate <span class="company">Kia</span> have shown robust growth in sales and gained market share in major markets year to date, despite the onslaught of one of the most serious downturns in auto industry's history last year," said <span class="analyst">Jeong Min Pak</span>, Director in Fitch's Corporate Ratings team. </span> Tweet this 

Cash For Clunkers a Trojan Horse for Lesser Known Brands Korea's Hyundai and its sibling Kia Motors recently reported strong results, driven in part by the US cash for clunkers and other car scrappage schemes. Hyundai reported record profits on , while Kia said Friday it swung to a third quarter profit from losses in the year earlier period, earning rating upgrades from Credit Suisse to neutral from underperform, and from Macquarie Research to outperform from underperform. While US total car sales were  off 22.7% in September and  down 27.4% year to date, Hyundai sales in September were up 27.2 percent from the year ago month to 31,511; year to date, Hyundai's U.S sales were up 1.3 percent to 342,217. 
Share:  <span class="sent">Cash For Clunkers a Trojan Horse for Lesser Known Brands Korea's Hyundai and its sibling <span class="company">Kia Motors</span> recently reported strong results, driven in part by the US cash for clunkers and other car scrappage schemes. </span> Hyundai reported record profits on , while Kia said Friday it swung to a third quarter profit from losses in the year earlier period, earning rating upgrades from Credit Suisse to neutral from underperform, and from Macquarie Research to outperform from underperform. While US total car sales were  off 22.7% in September and  down 27.4% year to date, Hyundai sales in September were up 27.2 percent from the year ago month to 31,511; year to date, Hyundai's U.S sales were up 1.3 percent to 342,217. Tweet this 

The gains for Kia came after it said Friday it swung to a third quarter profit from losses in the year earlier period, earning rating upgrades from Credit Suisse to neutral from underperform, and from Macquarie Research to outperform from underperform.  
Share:  <span class="sent">The gains for <span class="company">Kia</span> came after it said Friday it swung to a third quarter profit from losses in the year earlier period, earning rating upgrades from Credit Suisse to neutral from underperform, and from Macquarie Research to outperform from underperform. </span> Tweet this