Kia Corporation Extends Growth in October ... “Sold 291,219 Units Globally”

[Financial News] Kia Corporation continued to grow global sales last month. It sold 291,219 units in October, combining domestic and overseas sales, up 10.3% from the same month last year.
According to Kia Corporation on the 2nd, domestic sales rose 27.5% year on year to 51,007 units, while overseas sales increased 7.2% to 239,308 units. Sales of special-purpose vehicles also rose 12.9% to 904 units, bolstering overall results.
By model, the Kia Sportage led sales with 56,811 units, followed by the Kia Seltos (38,368) and Kia Sorento (20,021).
In the domestic market, the Kia Sportage led sales as the best-selling model, with 7,708 units sold. By vehicle category, RVs accounted for a significant share of domestic sales, with 34,373 units. The Kia Sorento (6,784), Kia Carnival (5,570) and Kia Seltos (4,816) followed the Sportage in sales.
The passenger-car segment recorded total sales of 11,116 units, supported by the Kia Ray (4,497), Kia K5 (2,683) and Kia Picanto (1,495), among others. The commercial-vehicle segment sold 5,518 units, led by the Kia Bongo III (2,704) and Kia PV5 (2,688).
Overseas sales rose 7.2% year on year to 239,308 units. By model, the Kia Sportage was also the best-seller overseas, with 49,103 units, followed by the Kia Seltos (33,552) and Kia K4 (18,720). A total of 904 special-purpose vehicles were sold: 103 domestically and 801 overseas.
A Kia Corporation spokesperson said, “Our sales growth has continued year on year for eight consecutive months through sales strategies tailored to demand in each region.” The spokesperson added, “In the remainder of the fourth quarter, we will continue to build sales growth momentum, focusing on electrified vehicles such as hybrids in the United States and electric vehicles in Europe.”
[email protected] Kim Dong-chan Reporter