Kia Motors posts 7.7% global sales growth in October
Kia Motors Corporation announced today its global sales figures(export sales, domestic sales and sales from overseas plants) for passenger cars, recreational vehicles (RVs) and commercial vehicles for October2014, recording a total of 242,362units sold. This figure represents a 7.7%year-on-year increase.
In October, Kia posted year-on-year sales increases in China, North America, General Markets* and Europe* of 22.5% (58,960 units sold), 11.9% (50,704 units sold), 7.1%(44,438 units sold)and 0.1% (51,255 units sold), respectively.
Cumulatively, through the first ten months of 2014, Kia’s global sales have increased by 4.3% year-on-year, reaching 2,397,878 units. China, North America and General Markets have experienced cumulative gains to date in 2014 of 15.6% (544,170 units sold),6.1% (551,906 units sold) and 0.7% (436,416 units sold), respectively.
Kia’s bestselling model in overseas markets for the month of October was the B-segment Rio (known as ‘K2’ in China) with 39,715 units sold. The Sportage compact CUV was the second bestseller with 37,079 units delivered, while the C-segment Cerato (known as ‘Forte’ or ‘K3’ in some markets), Optima D-segment sedan and Soul urban crossover followed with 35,950, 25,632 and 15,185units sold, respectively.
Background Information
Kia Motors
Kia Motors Corporation is a maker of quality vehicles for the young-at-heart. It 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.
Kia Motors produce over 1.5 million vehicles a year in 13 manufacturing and assembly operations in eight countries which are then sold and serviced through a network of distributors and dealers covering 172 countries.