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Kia Motors posts 17.4% global sales growth in June

News provided by Kia Motors Corporation
July 11, 2011 13:53 KST

SEOUL--(Korea Newswire) July 11, 2011 -- 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 June 2011, recording a total of 216,106 units sold. This figure represents a year-on-year increase of 17.4%.
In June, Kia posted strong double-digit year-on-year sales increases in all of its overseas regions – 38.0% in North America (52,121 units sold), 26.6% in China (33,749 units sold), 24.8% in Europe* (44,422 units sold), and 10.0% in general markets* (43,614 units sold), while sales in the home market of Korea declined by 5.0% (42,200 units sold).
Cumulatively, through the first six months of 2011, Kia’s global sales have increased by 19.8% year-on-year to reach 1,204,117 units. North America has experienced the highest gain to date in 2011 of 41.5% (278,199 units sold) while the remaining regions have all shown strong cumulative year-on-year sales increases: 19.0% in China (203,440 units sold), 17.2% in Europe (228,130 units sold), 14.8% in general markets (246,003 units sold) and 8.8% in Korea (248,345 units sold).
Kia’s best selling model in overseas markets for the month of June was the C-segment Cerato (known as ‘Forte’ in some markets) with 38,119 units sold. The Sportage compact CUV was the second best seller with 30,226 units delivered, while the B-segment Rio, Soul urban crossover vehicle and Sorento mid-size CUV followed with 19,520, 18,054 and 17,886 units sold, respectively.
Senior Executive Vice President & COO of Kia Motors Corporation, Thomas Oh, said, “Our June results are quite encouraging as we surpassed the one million unit global sales mark, putting us well on track to exceed our annual target of 2,345,000 vehicles set at the start of 2011. In the second half of the year, we look forward to the all-new Picanto A-segment and all-new Rio B-segment vehicles arriving in showrooms around the world, in addition to the start of production of the all-new Optima for North American consumers at Kia’s U.S. plant in the state of Georgia.”
* ‘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.


Michael Choo

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