Overseas demand boosts Hyundai and Kia sales
Sales of Hyundai and affiliate Kia in South Korea have been declining but so far, the impact has been mitigated due to the high demand overseas. Hyundai’s domestic sales dropped 9% to... Read more
Kia to focus on product quality rather than growth
Despite concerns that a limited production capacity would slow its sales growth, Kia is determined to focus on product quality and the brand, the company's co-CEO Lee Sam-ung disclosed.... Read more
Hyundai, Kia want to exceed European sales target this year
Kia Motors Corp. and Hyundai Motor Co. are expecting their combined European sales to increase 12.4 percent this 2011, surpassing previous estimates even with the economic problems in the... Read more
Kia wants to increase its sales by 15 percent to 300,000 units by 2013
Paul Philpott, chief operating officer at Kia Europe, has revealed Kia’s “ambitious” growth plans in the European region. In an interview with Automotive News Europe, Philpott said that... Read more
Kia shows a 20.1% increase in 2009 sales
Kia Motors Corporation's position as one of the world's fasting growing automakers is cemented further by its announcement that its global sales figures for passenger cars (export sales,... Read more
Strong demand helped Hyundai, Kia make big output gains in May
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... Read more
Global sales of Kia rose 36 percent in April
Kia Motors Corporation sold 174,505 vehicles worldwide for April 2010. This figure, which stands for a 36% increase year-on-year, includes sales of passenger cars (export sales, domestic... Read more
Kia posts a record quarterly profit beating any expectations
Kia Motors Corp. beat forecasts and posted a record quarterly profit last Friday. The South Korean carmaker has plenty to rejoice about since it is expected to continue its winning streak... Read more
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