- Sales in Europe, general market and North America post 44.0%, 10.9% and 2.1% growth, respectively year-on-year in September
- 27.8% cumulative overseas sales growth achieved through first nine months of year
(SEOUL) October 4, 2005 -- Kia Motors Corporation announced today that its overseas retail sales of passenger cars and light trucks in September 2005 recorded 76,531 units, representing a 19.9% year-on-year increase.
From January through September of this year, Kia has seen its overseas retail sales jump to 619,242 units with 614,386 vehicles exported. This represents a year-on-year sales increase of 27.8% and 19.1% growth in exports.
By region, sales in September 2005 grew by 44.0% in Europe, 10.9% in the general market, and 2.1% in North America compared to the same period last year.
Kia’s best selling model in overseas markets both in the month of September as well as through the first three quarters of 2005 was the C-segment Cerato (also known as the ‘Spectra’) with 91,071 units sold so far this year, followed by the A-segment Picanto (88,160 units), and Sorento SUV (86,450 units). Kia’s robust overseas performance can also be attributed to continued strong sales of the new Sportage SUV as well as stellar initial sales of the recently launched all-new B-segment Rio sedan and hatchback.
With the introduction of three completely redesigned models in 2005 -- the B-segment Rio, Carnival (Sedona) MPV and Magentis (Optima) D-segment sedan -- Kia Motors continues the reincarnation of our flagship vehicles to complement the recent introduction of all-new vehicles such as the award-winning Sorento SUV and the immensely popular A-segment Picanto.
According to Yong-Hwan Kim, Senior Executive Vice President and COO of Kia Motors Corporation, “We are confident that this dynamic mix of new models that spans the entire product segment ladder will continue to elevate Kia’s top-of mind awareness among the world’s auto consumers while positioning us for long-term growth.”
“In particular, we expect that the completely redesigned D-segment Magentis (scheduled to go on sale late this year) will have great appeal to existing and new Kia customers all across the world with its significant improvements in design, comfort, performance, quality and safety.” he added.
1) Figures do not include KD (knock down) exports, which are assembled at overseas plants.
2) “General market” includes the regions of Central & South America, Asia & Pacific, and Middle East & Africa.
Kia Motors Corporation (www.kiamotors.com) ? one of the fastest growing automakers in the world -- 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’s 16 manufacturing and assembly operations in 12 countries produce more than 1.1 million vehicles a year that are sold and serviced through a network of distributors and dealers covering 155 countries. Kia today has over 32,000 employees and annual revenues of $14 billion. It is the major sponsor of the Australian Tennis Open and an official worldwide sponsor of the Davis Cup. Kia Motors Corporation’s brand slogan -- “The Power to Surprise” -- represents the company’s global commitment to surpassing customer expectations through continuous automotive innovation.