trending Market Intelligence /marketintelligence/en/news-insights/trending/0lhuefpye_9nqa-slm14pg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Hyundai global sales up 9.2% YOY in August as Kia's inch down

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Hyundai global sales up 9.2% YOY in August as Kia's inch down

Hyundai Motor Co. on Sept. 5 reported that its global sales for August rose 9.2% year over year to 384,443 vehicles, compared with 352,078 vehicles sold in August 2017.

That figure includes 58,582 units sold in the automaker's home market of South Korea, up 7.4% from 54,560 vehicles sold a year prior.

Overseas markets posted a total of 325,861 units sold, climbing 9.5% from 297,518 vehicles sold in August 2017. That growth was helped by a 6% increase in U.S. sales for the month.

Affiliate Kia Motors Corp. on Sept. 3 reported a slight year-over-year drop of 0.2% in its August global sales, which came in at 223,648 vehicles compared with 224,208 units sold a year ago.

The South Korean company sold 44,200 units domestically, a 7.7% increase from 41,027 units sold in August 2017. However, that was offset by a 2% drop in overseas sales to 179,448 units from 183,181 vehicles sold a year prior.

Kia said the Sportage compact SUV was its best-selling model for the month. It expects to maintain sales growth for the rest of the year with launches such as its upgraded Forte model.