[Featured Stocks] Hyundai Motor and Kia Accelerate... US Sales Increase and CES Participation Boost

[Asia Economy Reporter Lee Seon-ae] Hyundai Motor and Kia are showing simultaneous strength. The news that they recorded 'record-breaking sales performance' in the U.S. market last year seems to have acted as a positive factor. Additionally, Hyundai Motor's future technologies such as 'Metamobility,' showcased at 'CES 2022,' also appear to have positively influenced their stock prices.

As of 9:53 AM on the 5th, Hyundai Motor is trading at 214,500 KRW, up 2.14% from the previous day. During the session, it rose to 217,500 KRW. Kia is trading at 86,700 KRW, up 3.83%, reaching as high as 87,100 KRW during the session.

According to the 2021 sales performance announced by Hyundai Motor America (HMA) on the same day, Hyundai Motor's U.S. sales last year increased by 19% compared to the previous year. Retail sales to general customers reached 694,349 units, marking an all-time high.

Kia surpassed 700,000 units in annual U.S. market sales for the first time in history. Last year's U.S. market sales performance was 701,416 units, a 20% increase from the previous year.

Meanwhile, Hyundai Motor is attracting attention by participating in 'CES 2022' held in Las Vegas, USA, introducing Metamobility, which combines robotics and the metaverse. Chung Euisun, Chairman of Hyundai Motor Group, said, "Robotics is no longer a distant dream but a reality," adding, "Hyundai Motor aims to achieve great accomplishments through robotics."

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