Carnival
Search documents
South Korea report: domestic vehicle market up 10% in January
Yahoo Finance· 2026-02-10 11:00
Hyundai, including its Genesis brand, is targeting a slight increase in global sales to 4.158 million units in 2026, including 700,000 domestic sales and 3.46 million units overseas. Sales in North America are forecast to increase slightly to 1,231,000 units, while sales in Europe are expected to be flat at 601,000 units; India 592,000 units (+3%), South Korea 700,000 units (-2%), and South America 328,000 units (+0.1%). The company is looking for continued product mix improvement and new model launches thi ...
KIA AMERICA POSTS HIGHEST EVER ANNUAL SALES IN COMPANY HISTORY
Prnewswire· 2026-01-03 09:18
Core Insights - Kia America achieved total sales of 852,155 units in 2025, marking a 7 percent increase from 2024 and surpassing the 800,000 mark for the first time in company history [1][5] - This represents the third consecutive year of record sales for Kia, with retail sales through Kia dealers growing for eight consecutive years, increasing 5 percent year-over-year [1][5] - The brand's U.S. market share reached an all-time high, reflecting strong consumer demand for Kia's diverse model lineup [1][3] Sales Performance - Four models, including Carnival (+44 percent), Sportage (+13 percent), Telluride (+7 percent), and K4 (+1 percent), achieved their best-ever annual sales totals [2][5] - Sales of electrified models increased by 24 percent, while SUV sales rose by 5 percent, both setting new annual sales records [2][5] - The Sportage SUV delivered the best annual performance by a Kia model to date [2] Future Outlook - The company anticipates continued positive momentum into the New Year, supported by the launch of the second-generation Telluride and the new K4 hatchback in the first quarter [3] - Additional new products are expected to contribute to ongoing sales growth [3] Model-Specific Sales Data - Detailed sales figures for various models in 2025 include: - EV9: 15,051 units - EV6: 12,933 units - K4/Forte: 140,514 units - K5: 72,751 units - Soul: 50,133 units - Niro: 31,182 units [4][7] Awards and Recognition - The upcoming 2027 Kia Telluride was named among Newsweek Magazine's 2026 Most Anticipated New Vehicles [6] - The 2026 Kia Sorento received the highest safety rating from the Insurance Institute for Highway Safety, achieving the 2025 TOP SAFETY PICK+ designation [6]
KIA AMERICA POSTS BEST-EVER NOVEMBER SALES
Prnewswire· 2025-12-02 08:51
Core Insights - Kia America achieved its best-ever November sales with 72,002 units sold, marking a 3-percent increase year-over-year and ensuring a record annual sales total for the third consecutive year [5][7] - Year-to-date sales have risen by 7 percent compared to 2024, with a total of 777,152 units sold in the U.S. in 2025 [5][7] Sales Performance - Five Kia models showed significant year-to-date increases: K5 (+64 percent), Carnival (+46 percent), Sportage (+13 percent), Telluride (+8 percent), and Sorento (+2 percent) [2] - Notable November sales records were set for Carnival (+49 percent), Sportage (+12 percent), and Seltos (+23 percent) [2] - Year-to-date sales for electrified models increased by 25 percent, sedans by 14 percent, and SUVs by 6 percent, reflecting the brand's diverse offerings [2] Product Developments - The second-generation Telluride SUV was unveiled at the Los Angeles Auto Show, featuring an upscale design, enhanced off-road capabilities, and a new hybrid variant [3][6] - The 2026 Sportage SUV received the TOP SAFETY PICK+ rating from the IIHS, indicating high safety standards [6] Market Position - Kia America is recognized for its automotive quality and sustainability, being listed among TIME's World's Most Sustainable Companies of 2024 [8] - The company operates through a network of nearly 800 dealers in the U.S., offering a range of gasoline, hybrid, plug-in hybrid, and electric vehicles [8]
KIA AMERICA POSTS ALL-TIME OCTOBER YEAR-TO-DATE SALES RECORD
Prnewswire· 2025-11-01 09:13
Core Insights - Kia America achieved record sales in October 2025, delivering 69,002 units, marking an 8% year-to-date increase over 2024, with a total of 705,150 units sold in 2025 [1][5][7] - The sales growth is attributed to strong retail performance at Kia dealerships, with notable increases in several models, including Niro (+75%), Carnival (+35%), K5 (+31%), Seltos (+32%), and Sportage (+17%) [2][5] - Kia is set to debut the second-generation Telluride SUV at the Los Angeles Auto Show, which is expected to further enhance the brand's growth trajectory [3][6] Sales Performance - October 2025 sales of 69,002 units represent a new monthly sales record, with an 8% increase in year-to-date sales compared to 2024 [5][7] - Specific model performances include: - EV9: 666 units sold in October 2025, down from 1,941 in 2024 - EV6: 508 units sold in October 2025, down from 1,732 in 2024 - K5: 7,631 units sold in October 2025, up from 5,818 in 2024 - Carnival: 6,605 units sold in October 2025, up from 4,909 in 2024 [4][7] Model Highlights - The brand's electrified models saw a 16% increase in sales year-over-year, while SUVs experienced a 2% increase [2] - The Telluride SUV has been pivotal in Kia's brand transformation, having won multiple prestigious awards in 2020 [6] - The discontinuation of the Kia Soul is noted, with over 1.5 million units sold in the U.S. since its launch in 2009 [6] Future Outlook - Kia's focus remains on long-term growth through a diverse model lineup that offers outstanding value [3] - Anticipation builds for the upcoming Telluride SUV, which is expected to contribute positively to sales as the holiday season approaches [3][6]
KIA AMERICA POSTS BEST QUARTER AND HIGHEST YEAR-TO-DATE SALES IN COMPANY HISTORY
Prnewswire· 2025-10-01 07:29
Core Insights - Kia America achieved record sales in September 2025, delivering 65,507 units, marking an 11 percent increase compared to September 2024, and a total of 219,637 units for the quarter [1][7] - Year-to-date sales reached 636,148 units, representing a 9 percent increase over the same period last year, with 583,163 units sold through Kia dealers [1][5] Sales Performance - Six models showed significant sales growth: K5 (+85 percent), Carnival (+48 percent), Telluride (+13 percent), Sportage (+13 percent), Sorento (+7 percent), and K4 (+4 percent) [2] - Electrified models saw a 26 percent increase, sedans increased by 19 percent, and SUVs grew by 6 percent year-over-year [5] Market Position - Kia is on track for a third consecutive annual sales record and aims for the highest-ever market share, driven by strong sales in electrified and sedan models [3] - The EV9 model achieved record sales with 3,094 units sold in September and 7,510 units in the quarter [5] Model-Specific Sales Data - Detailed sales figures for September 2025 include: - EV9: 3,094 units - EV6: 2,116 units - K4/Forte: 8,829 units - K5: 5,290 units - Soul: 4,069 units - Niro: 2,446 units - Seltos: 4,635 units - Sportage: 14,515 units - Sorento: 6,502 units - Telluride: 8,408 units [4][7] Company Overview - Kia America is headquartered in Irvine, California, and is recognized for its automotive quality, sustainability, and diverse vehicle offerings, including gasoline, hybrid, plug-in hybrid, and electric models [8]
South Korea report: domestic vehicle market up 5% in August
Yahoo Finance· 2025-09-10 17:14
Core Insights - Domestic vehicle sales in South Korea increased by 5% to 111,523 units in August 2025 compared to 106,149 units a year earlier, with the five main automakers showing varied performance [6] - Hyundai's global sales rose by 0.4% to 336,395 vehicles in August 2025, with a total of 2,738,841 vehicles sold globally in the first eight months, slightly higher than the previous year [2] - Kia's global sales increased by 1.7% to 2,104,293 units in the first eight months of the year, supported by new battery electric vehicles and strong demand for core SUV models [9] - GM Korea's global sales rose by 35% to 21,059 units in August, although year-to-date deliveries were down by 2% [13] - Renault Korea's domestic sales surged by 156% to 35,933 units in the first eight months, driven by the launch of new models, despite a 24% drop in global sales in August [21] Domestic Sales Performance - Domestic sales rose by 0.4% to 58,330 units in August from 58,087 units a year earlier, leading to a 2.1% increase in the first eight months to 469,457 units [1] - The five main domestic manufacturers reported a 2.5% increase in domestic sales to 910,878 units in the first eight months [4] - Hyundai's domestic sales increased by 2.1% to 469,457 units, while Kia's sales rose slightly to 368,102 units [4] Overseas Sales Trends - Overseas sales for Hyundai increased by 0.5% to 336,395 units in August, but year-to-date volumes decreased slightly to 2,269,384 units [1] - Kia's overseas sales fell slightly to 209,887 units in August, but year-to-date sales increased by almost 2% to 1,736,191 units [11] - GM Korea's exports surged by almost 42% to 19,852 units in August, although year-to-date exports were only slightly higher [15] Market Conditions and Economic Factors - The domestic vehicle market is supported by new product rollouts from major automakers, but overall demand remains sluggish due to high household debt and weak consumer sentiment [5] - South Korea's GDP expanded by 0.6% in the second quarter, following a contraction in the first quarter, aided by interest rate cuts [5] Future Outlook and Strategic Initiatives - Hyundai aims for global vehicle sales of 4,174,000 in 2025, including 710,000 domestic sales and 3,464,000 overseas sales, with a planned investment increase in the US to $26 billion [8] - Kia targets a 4% increase in global sales to 3,216,200 units in 2025, supported by new model launches [12] - KG Mobility plans to expand its zero-emissions vehicle range and has entered a strategic partnership with Chery Automobile for technology sharing [19]