Strong demand helped Hyundai, Kia make big output gains in May

Article by Christian Andrei, on August 27, 2010

For the month of May, European assembly plants hold the record for the second-largest number of cars produced for the year, according to J.D. Power Automotive Forecasting.

This is attributed to the demand for models from Hyundai, Kia and most premium brands. Overall European production recorded 1,382,275 units in May, a 7% increase.

However, the most productive month for 2010 is still March, with 1,584,431 vehicles produced.

J.D. Power data show that for the first five months of 2010, European production went up 23% to 7,141,624 units. In May, Kia's production was up 41% to 16,051 units and its volume through five months is up 50% to 84,251 vehicles.

Kia gets a majority of its output increase from the new Venga. From January to May, Kia made 19,376 units of the small minivan, indicating that the Venga accounts for 69% of Kia's 28,053 unit rise in production so far this year.

Kia designed and engineered the Venga in Germany and is built at a Hyundai factory in Nosovice, Czech Republic. Because of the strong demand for the new ix35 SUV, Hyundai's production rose by 47% in May and 71% after five months.

The new ix35 SUV, which replaces the Tucson and the i20 subcompact, debuted in the spring. Companies that raised their May production volumes by double-digit percentages include Porsche, Mercedes-Benz, BMW, Audi, Aston Martin, Lamborghini and Land Rover. [via autonews - sub. required]

Topics: hyundai, kia, sales

If you liked the article, share on:


Login or Create new account to add a comment!


More than three decades ago, the DeLorean DMC-12 was produced by the DeLorean Motor Company. However, production was stopped due to issues within the company. The car itself was decent...
by - October 27, 2016
Tesla is making sure that all models under production will receive the necessary advanced hardware that will allow them to be autonomously driven. The fitment of these advanced hardware to...
by - October 27, 2016
Wondering how fast the 2017 Chevrolet Camaro ZL1 in actual driving? To provide customers a good idea on how fast the 2017 Camaro ZL1 could really get, Chevrolet recently had...
by - October 27, 2016
So, it is official! The new Honda Clarity FCV has the longest verified range of any zero-emissions vehicle currently on the road in the United States. One of the main...
by - October 27, 2016
Many have been anticipating Mercedes-Benz Vans’ newest luxury pickup truck, the X-Class. While Mercedes-Benz has yet to reveal the official production version of the X-Class, it was kind enough to...
by - October 27, 2016