The South Korean auto conglomerate with two carmakers – Hyundai Motor Co.and Kia Corp.– said on Monday it sold 147,613 vehicles in the US, the world’s second-largest automobile market, last month, up 17.4% from a year earlier.Hyundai Motor Co.’s sales rose 18.3% to 78,705 units, while Kia’s sales advanced 16.5% to 68,908 units.Hyundai Motor Co.’s luxury brand Genesis sold 6,903 units, up 20.6% on-year.“The Santa Fe HEV, Tucson HEV and IONIQ 5 led the way, showcasing strong demand for our electrified vehicles that offer cutting-edge technology and exceptional design,” said Hyundai Motor America CEO Randy Parker in a statement.
The Tucson HEV led the growth as its sales more than doubled to 6,790 units, while Kia sold 1,941 units of the hybrid version of the Carnival minivan.“Kia continues to appeal to a broad range of consumers as we offer 10 compelling utility models many with a choice of all-electric, plug-in hybrid, hybrid and ICE powertrains,” said Eric Watson, vice president for Kia America’s sales, referring to the internal combustion engine.
Hyundai Motor Group, the world’s third-largest automaker, saw a rebound in US auto sales last month thanks to surges in demand for its hybrid cars and electric vehicles.
The story "Hybrids, EVs power Hyundai, Kia’s US auto sales in October" has 367 words across 16 sentences, which will take approximately 2 - 4 minutes for the average person to read.
Which news outlet covered this story?
The story "Hybrids, EVs power Hyundai, Kia’s US auto sales in October" was covered 2 weeks ago by Korea Economic Daily, a news publisher based in South Korea.
How trustworthy is 'Korea Economic Daily' news outlet?
Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news.
The outlet is headquartered in South Korea and publishes an average of 1 news stories per day.
It's most recent story was published 1 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
