China: Hyundai & Kia Enjoying Robust Sales Growth

by Nov 12, 2014All News, Hyundai, Kia0 comments

Hyundai and Kia Motors are enjoying robust sales and are expected to achieve record-high sales in China this year. According to industry sources on November 12, their combined sales in China grew 19.1 percent last month, the highest monthly growth during 2014.

[ads id=”0″ style=”float:left;padding:9px;”]Hyundai’s joint venture Beijing-Hyundai sold 92,455 units last month, up 15.5 percent from a year ago, while Dongfeng-Yueda Kia marked a 25.3-percent growth in sales to 57,037 units. 

The combined monthly sales of the two South Korean carmakers stood at 149,492 units, up 19.1 percent from a year ago. This is the highest sales growth since June 2013 when their combined sales grew 36.2 percent. 

By model, the Hyundai Elantra (codenamed as MD) was the best-selling model with sales of 22,821 units, followed by the Accent with 18,657 units, the K3 with 15,531 units, and the Pride (our Kia Rio) with 12,805 units.

New models suchs as ix25 and Kia K4 sedan (a chinese-only sedan fitted between the K3 and the K5/Optima) help to this results with a great reception.

The robust sales pace is expected to continue for the time being as Hyundai is set to introduce a new SUV which shares platform with the ix25, within the first half of next year. 

 

Written by Jose Antonio Lopez

Passionated about Korean cars from Hyundai, Kia & Genesis. Photographer. I love being in nature, hiking. Tech lover.

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