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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]
Toyota global sales climb in August, powered by US growth despite Trump's tariffs
Yahoo Finance· 2025-09-29 15:13
Toyota (TM) reported another bump-up in global sales for August, with the US consumer powering the gains. The world’s largest automaker by volume said global sales rose 2.2% in August year over year to nearly 845,000 units sold, with the company marking its eighth straight month of sales gains. Toyota’s year-to-date sales through August hit 6.9 million units, up 5% compared to last year. The US, the largest market for the Japanese automaker, marked the biggest gains for Toyota. Sales in August hit 225,3 ...
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]
KIA BRINGS THE FUTURE TO THE HISTORIC KIA FORUM WITH THE "KIA CONNECTED HOME"
Prnewswire· 2025-07-29 23:49
Core Insights - Kia America is showcasing the Kia Connected Home™ at the Kia Forum in Los Angeles, emphasizing the integration of electric vehicles into everyday living [1][4] - The Kia Connected Home™ features the EV9's vehicle-to-home (V2H) functionality, allowing energy transfer from the vehicle to residential spaces [2][9] - The initiative reflects Kia's commitment to sustainable innovation and aims to redefine mobility's role in daily life [3][4] Group 1: Kia Connected Home™ Overview - The Kia Connected Home™ is open from July 28 to January 29, providing an interactive experience for guests [1][9] - It showcases how the EV9 can power homes during outages or peak energy times through innovative energy capabilities [2][9] - The installation aligns with Kia's "Opposites United" design framework, merging technology with thoughtful design [3] Group 2: Interactive Experience and Technology - The event includes an interactive EV9 driving simulation, enhancing guest engagement with a first-person 3D perspective [5] - Participants can experience advanced in-vehicle technologies such as Highway Driving Assist 2 and Remote Smart Parking Assist 2, showcasing Kia's commitment to driver convenience [6] Group 3: Corporate Presence and Recognition - Kia America is recognized as one of the TIME World's Most Sustainable Companies of 2024, highlighting its commitment to sustainability [7] - The company serves as the "Official Automotive Partner" of the NBA and WNBA, further solidifying its brand presence [7]
KIA AMERICA ACHIEVES HIGHEST MARCH AND FIRST QUARTER SALES IN COMPANY HISTORY
Prnewswire· 2025-04-01 07:18
Core Insights - Kia America achieved record-breaking sales in March with 78,540 units delivered, marking a 13.1% increase year-over-year and extending its sales streak to six months [1][7][9] - The company reported total sales of 198,850 units in Q1 2025, a 10.7% increase compared to Q1 2024, setting a new record for first-quarter performance [2][9] - Key models contributing to this growth include the K4 compact sedan, which saw a 10% increase in sales, and SUVs like the Carnival (+53%), Telluride (+17%), and Sportage (+11%) [3][4][7] Sales Performance - March sales of 78,540 units represent the best-ever monthly performance for Kia, contributing to a record first quarter [7][9] - The all-new K4 compact sedan has shown consistent growth since its launch in August 2024, indicating strong market acceptance [2][7] - The SUV segment, particularly the Carnival, Sportage, and Telluride, achieved their highest monthly sales ever, underscoring the brand's strength in this category [4][7] Production and Initiatives - Kia's Metaplant America facility in Georgia, with a $7.59 billion investment, is expected to create over 8,500 jobs and enhance production capabilities for new models [8] - The EV6 and EV9 models have commenced full-scale production, with expectations for improved product and supply chain efficiency to boost electric vehicle sales [4][8] - The 2025 Kia Telluride and EV9 received the IIHS's TOP SAFETY PICK+ designation, highlighting the brand's commitment to safety [8] Model-Specific Sales Data - Sales data for key models in March 2025 compared to March 2024: - EV9: 1,164 units vs. 1,281 units - EV6: 921 units vs. 1,537 units - K4/Forte: 13,719 units vs. 13,417 units - K5: 6,399 units vs. 1,174 units - Soul: 3,717 units vs. 5,284 units - Niro: 2,431 units vs. 2,902 units - Seltos: 4,828 units vs. 6,017 units - Sportage: 16,872 units vs. 15,211 units [5][9]