Kia and parent company Hyundai enjoyed third-quarter sales growth in the U.S.
The South Korean automakers saw improvement as loosened supply chains buoyed the industry as a whole.
Hyundai, Kia Grow US Sales in Q3
Both companies set records for the brands here.
October 3, 2023
Hyundai said it set third-quarter total and retail sales records for the IONIQ 5, Santa Fe PHEV, Santa Fe HEV, Tucson PHEV, Tucson HEV and Santa Cruz.
IMAGE: Pexels/Akshay Shende
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Kia set a record third quarter for the brand’s U.S. sales at more than 210,000 units, the third time it passed that mark, also helping it reach a record performance for the first nine months of the year at 604,674 vehicles.
“With the best-ever performance through Q3, 14 straight months of year-over-year growth, and sales of our SUV and electrified offerings continuing to gain market share, Kia is ahead of the curve and delivering the vehicles customers want, particularly in the highly competitive segments,” said Eric Watson, vice president, sales operations, Kia America.
It said 10 of its models had year-over-year sales gains.
Meanwhile, Kia’s parent grew U.S. sales 9% year-over-year to more than 200,500 units.
“We are in great shape to finish the year strong with our all-new Kona and increased sales from our IONIQ lineup of electric vehicles,” said Hyundai Motor America CEO Randy Parker.
Originally posted on Auto Dealer Today
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