- 182,288 Kia vehicles sold globally in October for 22.7% year-on-year growth
- October sales in North America, general markets, China, Korea and Europe post year-on-year sales growth of 36.8%, 30.0%, 25.0%, 19.8% and 5.9%, respectively
(SEOUL) November 9, 2010 -- Kia Motors Corporation announced today its global sales figures for passenger cars (export sales, domestic sales and sales from overseas plants), recreational vehicles (RVs) and commercial vehicles for October 2010, recording a total of 182,288 units sold. This figure represents a year-on-year increase of 22.7%.
In October, Kia posted year-on-year sales increases in all regions of the world ? 36.8% in North America (35,687 units sold), 30.0% in general markets* (38,498 units sold), 25.0% in China (31,124 units sold), 19.8% in Korea (43,147 units sold) and 5.9% in Europe* (33,832 units sold).
Cumulatively, through the first ten months of 2010, Kia’s global sales have increased by 29.4% year-on-year to reach 1,728,896 units. General markets and China have experienced the highest gains to date in 2010 of 54.2% (375,439 units sold) and 48.2% (284,243 units sold), respectively.
The remaining regions have all showed strong cumulative double digit year-on-year sales increases: 20.7% in Korea (395,247 units sold), 20.4% in Europe (327,923 units sold) and 14.9% in North America (346,044 units sold).
Kia’s best selling model in overseas markets for the month of October was the C-segment Cerato (known as ‘Forte’ in some markets) with 34,829 units sold. The Sportage compact CUV and Sorento mid-size CUV follow with 20,635 and 16,517 units sold, respectively. The B-segment Rio comes in fourth with 16,059 units sold and the Soul urban crossover vehicle rounds out the top five with 12,281 units sold.
Senior Executive Vice President & COO of Kia Motors Corporation, Thomas Oh, said, “On the heels of our recent announcement of all-time high net profit for the third quarter of 2010, we are encouraged to see our sales momentum in global markets remain strong as we head into the final couple months of 2010. The challenge we are tackling in the meantime is meeting the overwhelming demand for newly introduced models like the all-new Sportage and Optima which have received tremendous attention from the world’s media and consumers alike.”
* ‘General markets’ include the regions of Central and South America, the Caribbean, Asia (excluding China and Korea), the Pacific, Middle East and Africa. ‘Europe’ includes both Western and Eastern European markets.
Kia video in broadcast-standard or streaming-quality (for Web use), print-quality stills and other press material are available at Kia Motors’ Multimedia Library (www.kiamotors.com), powered by Synaptic Digital’s distribution portal (www.thenewsmarket.com/kiamotors). Delivery options include digital FTP transfer and streaming download in a variety of file types including Flash, MPEG-2, QuickTime and Windows Media. Registration and content is free to the media.
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. Over 1.5 million vehicles a year are produced 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. Kia today has over 42,000 employees worldwide and annual revenues of over US$14.6 billion. It is the major sponsor of the Australian Open and an official automotive partner of FIFA -- the governing body of the FIFA World 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.