Hyundai Motor and Kia Sell 150,000 Units in the U.S. in April... 'Record-Breaking Performance'
On the 15th, the new logo of Kia Motors was displayed on the exterior wall of the Kia Motors headquarters building in Seocho-gu, Seoul. The new logo removes the previous red oval border and presents the letters "KIA" in a simple and futuristic style. Photo by Hyunmin Kim kimhyun81@
View original image[Asia Economy Reporter Ki-min Lee] Hyundai Motor Company and Kia surpassed 150,000 units sold in the U.S. market in April this year, achieving their highest-ever performance.
Hyundai Motor Company and Kia announced on the 4th that they sold 150,994 units in the U.S. last month, a 127.1% increase compared to the same period last year. This is the first time their monthly U.S. sales exceeded 150,000 units, breaking records for two consecutive months following March's 144,932 units sold.
Hyundai explained that the U.S. automobile market recovered this year compared to last year’s decline due to COVID-19, resulting in strong sales. Six automakers including Volvo, Toyota, and Honda also reported U.S. sales volumes more than doubled compared to the previous year.
In April, Hyundai sold 80,817 units in the U.S., a 132.4% increase from April last year, while Kia sold 71,177 units, up 121.3%. Hyundai’s luxury brand Genesis sold 3,294 units, a 308.7% increase compared to the same month last year.
Hyundai’s sales were led by the Avante with 14,249 units and the Santa Fe with 10,470 units, while Kia sold 12,504 units of the K3, 10,040 units of the Sorento, and 9,626 units of the K5.
Hyundai Tucson (16,901 units), Genesis GV80 (1,895 units), and Kia K3 recorded their highest monthly sales ever.
Notably, sport utility vehicles (SUVs) accounted for more than half of U.S. sales. Hyundai’s SUV sales surged 136.8% year-on-year to 50,447 units, and Kia’s SUV sales increased 137.3% to 41,560 units.
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Meanwhile, Hyundai Motor Company and Kia’s total U.S. sales from January to April this year reached 485,896 units. During this period, Hyundai sold 256,169 units, a 51% increase from the previous year, and Kia sold 229,727 units, up 35.4%. Genesis also saw a 141.9% increase, selling 11,516 units compared to last year.
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