- 129,443 Kia vehicles sold globally in June
- Sales in China, General Markets, Korea, North America and Europe post year-on-year sales growth of 76.8%, 36.9%, 17.0%, 8.0%, -2.6% respectively
- Cumulative sales reach 717,154, an increase of 15.8% year-on-year
(SEOUL) July 9, 2008 -- Kia Motors Corporation announced today that its global sales (export sales, domestic sales and sales from overseas plants) of passenger cars, recreation vehicles (RVs) and commercial vehicles in June 2008 recorded 129,443, representing a 16.2% year-on-year increase.
By region, Kia's posted large, year-on-year sales increases in China (13,824 units, a 76.8% year-on-year increase), in general markets (25,142 units sold, a 36.9% year-on-year increase) and Korea (25,754 units sold, a 17.0% year-on-year increase). Sales increases were also significant in North America where 32,064 (8.0% year-on-year increase) Kia vehicles were sold in June. Meanwhile, sales in Europe were 32,659 units (2.6% year-on-year decrease).
Cumulatively through the first six months of 2008, Kia's global sales increased by 15.8% year-on-year and reached 717,154 units. China (79,753 units sold) and general markets (119,429 units sold) have experienced the largest gains of 36.4%, and 32.6%, respectively. Cumulative year-on-year sales increases have also been experienced in the other market territories: Korea (15.3% gain from 154,030 units sold); Europe (13.1% gain from 187,662 units sold); and North America (3.0% gain from 176,280 units sold).
So far in 2008, Kia's best selling model in overseas markets has been the C-segment Cerato (known as 'Spectra' in some markets) with 108,317 units sold. It is followed by the B-segment Rio (79,820 units sold) and the C-segment cee'd (78,571 units sold). Kia's Sportage compact SUV and the A-segment Picanto round out the top five best selling models with 74,496 and 54,220 units sold, respectively.
By vehicle category sold overseas, Kia's passenger cars sold 68,913 units in June, an increase of 32.3% year-on-year.
Hyoung-Keun Lee, Senior Executive Vice President and COO of Kia Motors International Business Division, said, "At the half-way mark of the year, we are encouraged by our consistent overseas sales growth in all our major market territories. These results are very promising in what are very challenging times for the industry. With new models such as the Mohave (Borrego) SUV, redesigned Optima (Magentis) sedan and refreshed '09 model year Sportage to arrive in dealer showrooms in the coming months, we remain optimistic about the outlook for the remainder of the year."
Kia Motors Corporation (www.kia.com) -- a maker of quality vehicles for the young-at-heart -- was founded in 1944 and is Korea's oldest manufacturer of motor vehicles. As part of the Hyundai-Kia Automotive Group, Kia aims to become one of the world's premier automotive brands. More than 1.4 million vehicles a year are produced in 14 manufacturing and assembly operations in eight countries which are then sold and serviced through a network of distributors and dealers covering 165 countries. Kia today has over 40,000 employees worldwide and annual revenues of almost US$17 billion. It is the major sponsor of the Australian Tennis Open and an official worldwide sponsor of the Davis Cup. Kia is an official automotive partner of FIFA -- the governing body of the FIFA World Cup -- as well as a EUROTOP partner of UEFA. Kia Motors Corporation's brand slogan -- "The Power to Surprise" -- represents the company's global commitment to surpassing customer expectations through continuous automotive innovation.