Kia Motors continued robust growth in China last month

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Kia Motors continued robust growth in China last month

Korea’s second-largest automaker Kia Motors continued to maintain robust sales growth in China last month, gaining momentum in the world’s most populous market, company officials said yesterday.

Kia Motors said it sold 37,505 units in April, up 26.9 percent from a year earlier. The growth was the fastest among the top 10 automobile sellers there.

The Korean automaker sold a total of 139,519 vehicles in the January-April period, rising 22.1 percent on the same period last year. Its growth was the largest compared to that of the other nine automakers.

Last year, Kia Motors sold some 430,000 vehicles in April, targeting the country’s young consumers who have shown increasing interest in Kia’s new models, including sport utility vehicles.

The company has become the eighth-ranked carmaker in China in terms of the number of units sold.

Kia has steadily expanded its presence in China, rising from being the 16th-ranked automobile seller in China in 2008 to 13th place in 2009 and in 2010.

Yonhap

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