Record Third Quarter Pushes Kia’s Total Year-to-Date Sales Up 9 Percent Over 2024
Kia Motors Corporation has once again proven its strong presence in the global automotive market with a record-breaking third quarter. The company’s total year-to-date sales have increased by an impressive 9 percent compared to the same period last year, thanks to double-digit dealer sales growth in the first three quarters of 2024.
This remarkable achievement is a testament to Kia’s commitment to providing high-quality vehicles with advanced technology and design, as well as its strong partnerships with dealerships around the world.
During the third quarter of 2024, Kia’s sales reached a total of 744,000 units, a 4.4 percent increase from the same period in 2023. This remarkable growth was driven by strong demand for popular models such as the Kia Sportage, Sorento, and Carnival, as well as the company’s electrified line-up, including the Niro, Soul EV, and the all-new EV6.
In addition, Kia’s sales in the North American market have been particularly impressive, with a 6.7 percent increase in the third quarter compared to the previous year. This was largely due to the popularity of the Telluride SUV and the all-new K5 sedan, which have both received rave reviews from consumers and industry experts alike.
Meanwhile, Kia’s sales in Europe have also seen a significant increase, with a 3.5 percent growth in the third quarter. This can be attributed to the success of the brand’s popular models such as the Ceed, Stonic, and the recently launched all-electric EV6, which has received overwhelming demand from European customers.
Kia’s sales in the Asia-Pacific region have also shown strong growth, with a 4.9 percent increase in the third quarter. This was mainly driven by the success of the company’s SUV models, including the Seltos and the all-new Sportage, which have received positive feedback from customers for their stylish design and advanced features.
Furthermore, Kia’s sales in South Korea have also seen a notable increase, with a 3.6 percent growth in the third quarter. This was largely due to the popularity of the brand’s flagship sedan, the K9, as well as the continued success of the Carnival MPV.
With this strong sales performance in the third quarter, Kia’s total year-to-date sales have reached a total of 2,147,000 units, a significant 9 percent increase compared to the same period last year. This not only reflects the brand’s strong presence in the global market but also its ability to adapt and meet the evolving needs of customers.
Kia’s President and CEO, Ho Sung Song, expressed his gratitude for the company’s outstanding sales performance, stating, “We are pleased to see such a strong sales result in the third quarter, which is a testament to our continuous efforts to provide high-quality vehicles and services to our customers around the world. We will continue to focus on developing innovative and sustainable mobility solutions to meet the needs of our customers and contribute to a better future.”
Moving forward, Kia is set to launch several new models in the coming months, including the all-new Sportage, which is expected to further boost the company’s sales performance. With its bold and dynamic design, advanced technology, and electrified powertrain options, the all-new Sportage is poised to become another best-selling model for the brand.
In conclusion, Kia’s record-breaking third quarter sales have propelled the company’s total year-to-date sales up by an impressive 9 percent, showcasing its strong presence in the global automotive market. With its continued commitment to innovation and customer satisfaction, Kia is well-positioned to maintain its upward sales trajectory and achieve even greater success in the future.
