- 129,477 Kia vehicles sold globally in April
- Sales in North America, Europe, China, general markets and Korea post year-on-year double digit sales growth of 15.2%, 25.3%, 24.7%, 35.3% and 29.3%, respectively
- 2008 cumulative sales reach 460,364 units, an increase of 15.5% year-on-year
(SEOUL) May 14, 2007 -- 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 April 2008 recorded 129,477 units, representing a 24.7% year-on-year increase.
By region, Kia posted large year-on-year sales increases in general markets (21,130 units sold, a 35.3% year-on-year increase) and Korea (27,413 units sold, a 29.3% year-on-year increase). Sales of Kia vehicles in China, Europe and North America also showed strong growth with 13,045 units (24.7% year-on-year increase), 34,104 units (25.3% year-on-year increase) and 33,785 units (15.2 % year-on year increase) sold, respectively.
Cumulatively through the first four months of 2008, Kia's global sales increased by 15.5% year-on-year and reached 460,364 units. General markets have experienced the largest gain, selling 73,529 units to date representing a 32.9% increase, while the China and Europe markets have showed cumulative year-on-year sales growth of 24.7% (52,543 units sold) and 19.4% (123,309 units sold), respectively. The Korea market has also shown a cumulative year-on-year sales increase of 14.9% (101,824 units sold).
So far in 2008, Kia's best selling model in export markets has been the C-segment Cerato (known as 'Spectra' in some markets) with 68,382 units sold. It is followed by a tight group of three vehicles' sales figures: the C-segment cee'd at 50,023; the B-segment Rio at 48,992; and Kia's Sportage compact SUV at 48,917. The A-segment Picanto is Kia's fifth best selling model in 2008 with 37,281 unit sold.
By vehicle category sold overseas, Kia's passenger cars posted sales of 65,442 units in April, an increase of 25.6% year-on-year. 33,707 RV units were also sold in April, a 22.4% increase year-on-year.
Hyoung-Keun Lee, Senior Executive Vice President and COO, International Business Division of Kia Motors Corporation, said, "Global sales increased this month across all markets and recorded the strongest year-on-year monthly gain in several years. These results are promising indicators for the second quarter and the rest of the year, and our message to all our dealers is to continue the great work."
* Global sales figures are based upon CBU export sales and sales from overseas and Korean production plants
** Includes figures from Western and Eastern European markets
***General markets includes the regions of Central and South America, Asia and the Pacific, and the Middle East and Africa
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.