Hyundai Motor and Kia Achieve Record First Half Sales, Surpassing Renault to Rank 3rd

12.6% Increase Compared to the Previous Year

[Asia Economy Reporter Kiho Sung] Hyundai Motor Group ranked third in sales in the European automobile market in the first half of this year (January to June). This is a one-step rise from fourth place in the first half of last year, overtaking Renault Group.

According to the European Automobile Manufacturers Association (ACEA) on the 15th, Hyundai Motor Group (Hyundai Motor Company and Kia) sold 556,369 units in the European market in the first half of this year. This represents a 12.6% increase compared to the previous year.

Specifically, Hyundai Motor Company’s sales increased by 8.2% year-on-year to 263,005 units, while Kia’s sales rose by 16.8% to 293,364 units. Compared to the overall European automobile market sales, which decreased by 13.7% year-on-year to 5,597,656 units during the same period, this is a significant growth.

In particular, Hyundai Motor Group surpassed Renault Group in the European automobile market, ranking third with a market share of 9.9%, following Volkswagen Group (24.1%) and Stellantis (19.4%). Renault Group fell one step to fourth place with a 9.3% market share. BMW Group (7.2%), Toyota Group (7.1%), and Mercedes-Benz (5.8%) followed.

Looking at sales by model, Hyundai’s Tucson was the best-selling with 63,242 units, followed by Kona with 43,680 units and i3 with 24,401 units. For Kia, the top sellers were Ceed (78,890 units), Sportage (72,400 units), and Niro (42,593 units).

In the first half of the year, Hyundai Motor Group’s electric vehicle sales in the European market reached 77,975 units, a 39.6% increase compared to the same period last year. By model, Niro EV led with 22,889 units, followed by Kona Electric with 19,385 units, EV6 with 15,927 units, Ioniq 5 with 14,801 units, and Soul EV with 3,074 units. Notably, electric vehicles based on Hyundai Motor Group’s dedicated electric platform E-GMP sold 37,028 units in the first half alone, with Ioniq 5 at 14,801 units and EV6 at 15,927 units.

Meanwhile, in June, Hyundai Motor Group sold 101,585 units in the European market, a 3.9% decrease compared to the previous year. Hyundai Motor Company sold 49,833 units, down 9.4% year-on-year, while Kia sold 51,752 units, up 2.1% year-on-year. The total European automobile market sales in June recorded 1,066,137 units, a 16.8% decrease compared to the previous year.

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