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LIFE CARE IS REGISTERED MAGAZINE IN RNI, NO.GUJGUJ/2015/71283
- October global sales at 238,660 units, up 8.6% y/y
- Sales outside of Korea recorded 195,628 units, up 7.5% y/y
- Sales in Korea recorded 43,032 units, up 13.7% y/y
- Year to date Kia global sales recorded 2,410,246 units, up 2.6% y/y
- Kia to continue creating sales momentum and enhancing profitability through new models, such as the award-winning Kia EV6
Kia Corporation recorded total global sales of 238,660 units in October 2022, a 8.6 percent increase year-on-year.
The brand’s SUV line-up led global sales during October, with the Sportage and the Seltos achieving the highest numbers. The Sportage recorded global sales of 44,475 units, followed by the Seltos with 26,918 units. The Sorento SUV followed, recording 18,130 units in October.
Sales outside of Korea
Outside of Korea, Kia posted sales of 195,628 units, up 7.5 percent year-on-year. The Sportage and the Seltos SUVs continued to lead Kia’s overseas sales momentum with 39,525 and 23,768 units, respectively. Key markets including US, Asia-Pacific and India regions all recorded robust results.
Korea sales
Kia recorded sales of 43,032 units in Korea, up 13.7 percent year-on-year. Also in the domestic market, the Sorento recorded sales of 5,127 units to lead the brand’s passenger vehicle sales. The second highest selling SUV was the Sportage SUV, which achieved 4,950 units.
Business outlook
Going forward, in response to the market’s current challenges, Kia will continue to adjust its production in line with inventory status and to minimize production disruption. Building on competitive new models such as the all-electric EV6 – named the 2022 European Car of the Year in February – Kia will create positive sales momentum to increase market share and enhance profitability, while continuing to rapidly transition to a sustainable mobility solutions provider.
Sales Result (October)
|
Subject |
Oct-22 |
Oct-21 |
YoY change |
Sept-22 |
MoM change |
2022 YTD |
2021 YTD |
YTD change |
|
Korea sales |
43,032 |
37,837 |
13.7% |
40,009 |
7.6% |
438,332 |
441,185 |
-0.6% |
|
Overseas sales |
195,628 |
181,999 |
7.5% |
209,497 |
-6.6% |
1,971,914 |
1,907,061 |
3.4% |
|
Global sales |
238,660 |
219,836 |
8.6% |
249,506 |
-4.3% |
2,410,246 |
2,348,246 |
2.6% |
Editor’s note
* Sales results are based on wholesale.
* Monthly sales figures provided in this press release are unaudited and on a preliminary basis.
