Hyundai, Kia bounce back in U.S.

Home > Business > Industry

print dictionary print

Hyundai, Kia bounce back in U.S.


Hyundai Motor and Kia Motors, Korea’s two largest automakers under Hyundai Motor Group, have reclaimed the No. 6 spot in the United States after six months, thanks to rising sales of the Sonata and Soul.

In the world’s second-largest auto market, Hyundai and Kia combined to sell 119,783 units last month, up 8 percent from a year ago, to beat Nissan for the first time since October.

Despite a large recall, General Motors was the best-selling automaker in the United States, followed by Ford, Toyota, Chrysler and Honda.

In April, Nissan’s sales rose 18.3 percent year-on-year to 103,934 units, but it wasn’t enough to fend off Hyundai and Kia, which combined for a 2014-best market share of 8.6 percent in April.

Hyundai sold 66,107 units last month in the United States, up 4.4 percent from a year ago and a record high number for April.

Sales of the midsize Sonata jumped 27.5 percent from last year to 20,495 in April, while sales of the Santa Fe SUV rose 29.6 percent to 8,997. The subcompact Accent sold 6,319 units, up 36 percent from a year ago.

Kia sold 53,676 units for an increase of 12.9 percent. Sales of the compact boxy car Soul and the midsize Optima (known as the K5 in Korea) were the automaker’s sales leaders.

Domestic sales, however, were a different story.

Hyundai said it sold 65,891 vehicles in Korea last month, up 12.9 percent from year ago, but Kia slipped 3.8 percent to 39,005.

Hyundai’s domestic sales were led by the Sonata, the best-selling model in April, at 15,392 units. Among them, 11,904 were the seventh-generation LF Sonata released on March 24.

Meanwhile, three other Korean automakers saw a rise in domestic sales.

GM Korea sold 13,086 units, up 27.5 percent from a year ago. But the nation’s third-largest automaker was the only one to show a decline in exports in April after 46,896 units were sold overseas, 3.6 percent less than a year ago.

Renault Samsung Motors claimed the No. 4 spot with sales that accelerated 35.7 percent year-on-year to 6,153 units, which was 143 units more than Ssangyong Motor.

However, in overall sales, Ssangyong was the winner as it shipped 7,624 vehicles overseas, up 1.8 percent from a year ago. RSM sold 6,389 units last month, a 0.8 percent year-over-year increase.

The five Korean automakers sold a total of 802,657 vehicles worldwide in April, up 7.9 percent from a year ago and 1.6 percent from March.


Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)