- 127,323 Kia vehicles sold globally in May
- Sales in China, general markets, Korea, Europe and North America post year-on-year sales growth of 56.8%, 26.6%, 15.0%, 8.8% and 8.6%, respectively
- Cumulative sales reach 587,687, an increase of 15.7% year-on-year
(SEOUL) June 17, 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 May 2008 recorded 127,323 units, representing a 16.5% year-on-year increase.
By region, Kia's posted double-digit, year-on-year sales increases in China (13,386 units, a 56.8% year-on-year increase), in general markets (20,734 units sold, a 26.6% year-on-year increase) and Korea (26,452 units sold, a 15.0% year-on-year increase). Sales increases were also significant in Europe and North America where 31,694 (8.8% year-on-year increase) and 35,057 (8.6 % year-on year increase) Kia vehicles were sold in May, respectively.
Cumulatively through the first five months of 2008, Kia's global sales increased by 15.7% year-on-year and reached 587,687 units. General markets (94,263 units sold) and China (65,929 units sold) have experienced the largest gains of 31.4% and 30.1%, respectively.
Cumulative year-on-year sales increases have also been experienced in the other market territories: Europe (17.0% gain from 155,003 units sold); Korea (14.9% gain from 128,276 units sold); and North America (2% gain from 144,216 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 88,470 units sold. It is followed by a close group of three vehicles. The B-segment Rio with 64,588 units sold, the C-segment cee'd with 64,006 and the Sportage compact SUV at 62,003. The A-segment Picanto with 45,721 units sold rounds out the group of top five best selling models overseas. By vehicle category sold overseas, 68,723 Kia passenger cars were sold in May, an increase of 30.6% year-on-year.
Hyoung-Keun Lee, Senior Executive Vice President and COO, International Business Division, Kia Motors Corporation, said, "We are only five months into the year and have already surpassed the half million global sales mark. We have exceeded 100,000 sales in overseas markets for the second consecutive month and experienced consistently high and significant year-on-year gains in general markets and China. Considering the global climate, these results are even more impressive but we should also not be complacent."
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.