Hyundai, Kia’s September US sales fall; hybrids buck trend of weak sales

Quick Summary:

For Kia, the Sportage SUV was the best-selling model with 11,163 units, followed by the Telluride (8,699 units) and the K3 (7,400 units)Leading Japanese automakers also posted weak sales in the US market last month.Toyota Motor Corp.'s sales plummeted 20.3% year-on-year, while Honda Motor Co.'s sales fell 8.6%.

South Korea’s Hyundai Motor Co.and its sister firm Kia Corp.saw their US sales decline last month due to fewer selling days and weak market demand caused by the hurricane that hit the country's southeastern part.

Hyundai's eco-friendly vehicle sales fell 5.6% to 15,011 units, while Kia's eco-friendly vehicle sales rose 13.7% to 11,140 units, buoyed by the new EV9 large SUVs and the Sportage hybrid electric model (HEV).

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Category: Economy

Markets: South KoreaJapan

Topics: Motor Last September Month Eco-friendly Units Corp Vehicle Hyundai Vehicles Sales

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Article Type: News Report

Published On: 2024-10-02 @ 16:17:16 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 414 words

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