Hyundai Motor Company and Kia Achieve 1 Million Vehicle Sales in Europe for 4 Consecutive Years
Hyundai Motor Company and Kia achieved sales of 1 million units for four consecutive years in the European market.
On the 21st (local time), Hyundai and Kia announced that they sold 1,063,517 units in the European market in 2024, a 3.9% decrease compared to the previous year.
Hyundai and Kia's sales volume in Europe had recorded over 1 million units until 2019 but dropped to around 840,000 units in 2020 due to the COVID-19 pandemic. Since then, sales gradually recovered, reaching the 1 million unit mark again in 2021, and they have maintained sales of over 1 million units for four consecutive years through last year.
By brand, Hyundai sold 534,360 units, similar to the previous year, while Kia sold 529,157 units, a 7.5% decrease.
In terms of market share, Hyundai and Kia combined recorded 8.2% last year, down 0.4 percentage points from the previous year. Both Hyundai and Kia held an equal market share of 4.1% each.
By model, Hyundai's Tucson was the best-selling with 125,383 units, with hybrids (HEV·PHEV) accounting for more than half (71,154 units). For Kia, the best-selling car was the model with 168,062 units sold.
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Additionally, the newly introduced Eonster (Casper EV), whose sales tracking began in December last year, had a smooth start with 450 units sold.
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