Kia Sets New Record for US Sales Last Year, Hyundai Motor Increases by 19%

[Asia Economy Reporter Changhwan Lee] Hyundai Motor Company and Kia recorded outstanding sales performance in the U.S. market last year. In particular, Kia achieved its highest-ever performance.

On the 4th (local time), Hyundai Motor America (HMA) announced that its sales volume in the U.S. market last year reached 738,081 units, a 19% increase compared to the previous year.

Retail sales to general customers reached 694,349 units, the highest ever. Fleet sales supplied to corporations and rental car companies decreased by 24% compared to the previous year. However, since fleet sales accounted for only 6% of total sales, it did not significantly affect the overall performance.

Randy Parker, Senior Vice President of HMA, stated, "2021 was a very successful year for Hyundai Motor," adding, "We achieved the third highest sales performance ever in the U.S. market."

Kia surpassed 700,000 units in annual sales in the U.S. market for the first time in history. According to Kia America (KA), last year's sales performance in the U.S. market was 701,416 units, a 20% increase compared to the previous year.

Eric Watson, Vice President of KA, said, "Despite the COVID-19 pandemic and supply chain issues last year, Kia achieved its highest-ever performance," and predicted, "This year, with the launch of the EV6 and the new Sportage, we will continue to improve our performance."

This content was produced with the assistance of AI translation services.