In May, Kia sold 14 percent more than last year

The Kia Corporation recently announced that it sold 268,593 vehicles globally in May 2023, an increase of 14.4 percent compared to May last year.

Excluding special purpose vehicles, sales outside South Korea increased by 15.2 percent compared to last May, to 217,772 vehicles.

In the Korean market, Kia recorded sales of 50,275 units, which is 10.3 percent more than in 2022.

Kia SUV models were the company’s most popular models, and in May they sold 45,959 copies of the Sportage and 25,345 copies of the Seltos model (not sold in Europe). In third place in terms of sales was the large SUV Sorento with 20,909 units sold.

Sales outside South Korea: 15 percent better than last year (217,772 vehicles)

Sales of Kia vehicles outside South Korea increased by 15.2 percent compared to May last year, and a total of 217,772 vehicles were sold.

In markets outside of Korea, the most successful model was the Sportage, with 39,774 units sold. This sports SUV was followed by another SUV, the Seltos, which was sold in 20,553 units, and the K3 model (not sold in Europe, in some markets it appears under the name Forte), which was sold in 15,483 units.

Sales in South Korea: 50,275 vehicles, 10 percent better than last year

In May, Kia sold 50,275 vehicles in Korea, which is 10.3 percent more than in May 2022. The large Carnival minivan (not sold in Europe) was the most popular in Kia’s domestic market (6,695 units sold). It was followed by two sports SUVs – Sorento (6,499) and Sportage (6,185 units sold).

Kia’s best-selling models are sport utility vehicles

Kia expects the situation in the global market caused by the lack of parts to gradually improve and wants to focus on increasing sales of electrified vehicles and SUVs and increasing profitability.

In April of this year, Kia presented the brand’s medium- and long-term business strategy with an emphasis on electrification at the “CEO Investor Day” event in Seoul. Kia’s modified sales target for 2030 is 4.3 million vehicles, of which 1.6 million vehicles will be fully electric. The company will continue to strengthen its efforts to electrify its model range and accelerate its transition into a provider of sustainable mobility solutions by introducing innovative mobility products and services.

The company will continue to increase sales of its EV6 electric model, which won European Car of the Year last year. Kia will build on the momentum of sales of electric vehicles with the launch of the new model EV9, a large prestigious electric SUV, the first with six or seven seats, which we expect in Europe in the coming months.

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