Kia’s global sales in the third quarter fell 1.9% year-on-year; the price is about 7.64
Kia, a well-known Korean automobile manufacturer, announced its sales data for the third quarter of this year. The company highlighted significant sales growth in India, North America, the Middle East and Asia-Pacific, mainly due to the popularity of recreational vehicles in these markets. However, despite growth in specific regions, the brand has faced an overall decline in global sales. In the third quarter, the automaker sold approximately 764,000 vehicles, down 1.9% from the same period in 2023. Kia attributed the decline to the temporary suspension of production at some plants for facility upgrades. Also read: 2024 Kia Carnival deliveries start in India, cricketer Suresh Raina becomes first owner Kia’s global sales in the third quarter of 2024 The temporary decline in sales of some models is related to the adjustment of model lineup. From January to September this year, Kia Motors' global sales totaled approximately 2.319 million vehicles, a year-on-year decrease of 1.5%. In addition, sales of electric vehicles fell…
Sonet, Seltos, etc. help Kia India sales grow 17% year-on-year
Kia India's September sales grew 17% year-on-year, driven by strong demand for popular models such as Sonet, Seltos and Carens. The Seltos and Sonet, in particular, played a key role in boosting sales and helped Kia strengthen its position in the highly competitive Indian car market. The company's focus on delivering reliable performance, modern features and attractive designs has resonated strongly with Indian customers. The growth reflects Kia's ability to meet changing consumer preferences and its continued efforts to expand in the Indian market. Also read: 2024 Kia Carnival Luxury Sedan and Luxury Sedan Plus variants explained: What's the difference? Kia sales figures: September 2024 Kia India reported sales of 23,523 units in September 2024, up 17% year-on-year from 20,022 units sold in September 2023. The new Sonet emerged as the best-selling model with 10,335 units sold, followed by Seltos and Carens with 6,959 and 6,217 units respectively. In the July-September quarter of 2024, the South Korean manufacturer achieved sales…
Kia’s domestic sales in India surpass 1 million
Kia India has achieved a remarkable feat in India, having sold one million vehicles in the country. This achievement comes just five years after the company started operations in India. Much of this success is attributed to the mid-size SUV Kia Seltos, which accounts for over 48% of total domestic sales in India. The Sonet and Carens models launched after the Seltos account for 34% and 16% of Kia India's total shipments respectively. Since its launch in 2019, the brand has benefited from steady growth in its dealer network and product range. 42% of the brand's sales come from premium trims, also disproving the notion that India has only price-sensitive buyers. Moreover, the South Korean carmaker has played an important role in popularizing the use of automatic transmissions. The three automatic transmission options offered by the South Korean automaker - six-speed AT, seven-speed DCT and IVT - together account for 32% of its total sales. With the launch of the…