Kia Motors Posts 3.4% Global Sales Growth in July
In July, Kia posted year-on-year sales increases in China, North America and Korea of 17.7% (48,032 units sold) 3.5% (58,614 units sold) and 1.9% (42,305 units sold), respectively.
Cumulatively, through the first seven months of 2014, Kia's global sales have increased by 4.1% year-on-year, reaching 1,682,692 units. China, North America, General Markets* and Europe* have experienced cumulative gains to date in 2014 of 12.7% (374,140 units sold), 6.0% (392,971 units sold), 2.3% (306,075 units sold) and 0.6% (348,437 units sold), respectively.
Kia's bestselling model in overseas markets for the month of July was the B-segment Rio (known as 'K2' in China) with 39,830 units sold. The C-segment Cerato (known as 'Forte' or 'K3' in some markets) was the second bestseller with 33,137 units delivered, while the Sportage compact CUV, Optima D-segment sedan and Soul urban crossover followed with 32,837, 21,032 and 18,863 units sold, respectively.
Tae-Hyun (Thomas) Oh, Executive Vice President & COO of Kia Motors, said, "It is pleasant to see continuous positive figures, driven by the stellar performance of the brand in China and the U.S. market in July. With the third generation Sorento CUV scheduled to be launched later this year, we are confident that our current positive momentum will even further be strengthened."