Hyundai Motor and Kia's August European Sales Slightly Decline... Cumulative Market Share from January to August Reaches 10%

72,565 Units Sold in Europe in August

[Asia Economy Reporter Kiho Sung] Hyundai Motor and Kia recorded sales in the European market last month similar to previous years.

According to the European Automobile Manufacturers Association (ACEA) on the 16th, Hyundai Motor and Kia sold a total of 72,565 units in Europe in August this year. This is a 0.3% decrease compared to the same month last year. Hyundai Motor sold 38,438 units, an increase of 1.6%, while Kia sold 34,127 units, a decrease of 2.3%.

The total sales volume in the European market in August was 748,961 units, a 3.4% increase compared to the same period last year. The combined market share of Hyundai Motor at 5.1% and Kia at 4.6% was 9.7%, down 0.3 percentage points compared to the same period last year.

The cumulative sales performance from January to August this year was 720,914 units, an 8.8% increase compared to the same period last year. Hyundai Motor increased by 5.2% to 348,185 units, and Kia increased by 12.4% to 372,729 units. During this period, the total sales volume of the European market was 7,221,379 units, a decrease of 11.8% compared to the same period last year.

Hyundai Motor and Kia's market share in the European market from January to August was 10.0%, up 1.9 percentage points compared to the same period last year.

Looking at the major selling models last month, Hyundai Motor's Tucson sold the most with 7,711 units, followed by Kona (4,751 units) and i20 (3,650 units). For Kia, the Sportage (9,414 units), Ceed (8,054 units), and Niro (4,819 units) sold well.

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