KIA ANNOUNCES SEPTEMBER 2019 SALES

[PL/OB Diego]

“Kia outperformed the industry through the first three quarters of 2019 thanks to the continuing popularity of Telluride and the strong September performances of the Sorento, Sportage and Optima models,” said Bill Peffer, vice president, sales operations, Kia Motors America. “With Kia’s steady stream of new and refreshed models launching over the coming months, we’re confident the positive momentum and increased brand consideration will continue through the fourth quarter and into the new year.”

KIA MOTORS AMERICA ANNOUNCES SEPTEMBER SALES

Kia Motors America today announced September sales of 44,619 units, led by the Sorento, Sportage and Optima models. Kia sales are up 2.6-percent compared to the first nine months of 2018 as demand for Telluride – with 5,049 units sold in September – continues to outpace model supply.

www.kiamedia.com

 

[YoTellyYo]

Does this include Genesis line as well? I'm curious to see how the new Genesis GV80 SUV brings those numbers up even more if so.

 

[jw_tx21]

Does this include Genesis line as well? I'm curious to see how the new Genesis GV80 SUV brings those numbers up even more if so.

No, Genesis reports with Genesis USA. Even a separate company from Hyundai Motors America. It's confusing... they have a lot of linkages though!

 

[jazzyone]

Does this include Genesis line as well? I'm curious to see how the new Genesis GV80 SUV brings those numbers up even more if so.

Wow that Genesis GV80 SUV looks very luxurious!!

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[CAsuKiHy]

Sales are down but mark up is still there. Correction pending.

 

[PL/OB Diego]

Mainstream Korean automakers Hyundai and Kia followed the market downward in September after solid growth for most of the year, while luxury brand Genesis continued sharply higher sales on the introduction of a new model and the build out of its retail network.

Brands: Hyundai down 8.8%; Kia, down 13%; Genesis up 272%

HYUNDAI-KIA: Only Genesis posts gain

Hyundai and Kia followed the market downward in September, but incentive spending was down and transaction prices were up. The Genesis luxury brand continued to deliver sharply higher sales.

www.autonews.com

 

[YoTellyYo]

Mainstream Korean automakers Hyundai and Kia followed the market downward in September after solid growth for most of the year, while luxury brand Genesis continued sharply higher sales on the introduction of a new model and the build out of its retail network.

Brands: Hyundai down 8.8%; Kia, down 13%; Genesis up 272%

HYUNDAI-KIA: Only Genesis posts gain

Hyundai and Kia followed the market downward in September, but incentive spending was down and transaction prices were up. The Genesis luxury brand continued to deliver sharply higher sales.

www.autonews.com

Exactly! This is why I was wondering if they factor that in as a whole, but per brand makes more sense. Honestly, here in Chicago I've seen more Pally's on the road than Telly's... in fact I've only seen 1 other Telly since release. However, numbers are numbers and to be selling vehicles in this crazy market is a good thing. I feel like auto dealers are struggling nationally in terms of sales, but that's a personal observation.

 

[jw_tx21]

Exactly! This is why I was wondering if they factor that in as a whole, but per brand makes more sense. Honestly, here in Chicago I've seen more Pally's on the road than Telly's... in fact I've only seen 1 other Telly since release. However, numbers are numbers and to be selling vehicles in this crazy market is a good thing. I feel like auto dealers are struggling nationally in terms of sales, but that's a personal observation.

The auto market overall is down - car sales are way down. The only market that is growing rapidly is the 3-row SUV/CUV market - up 9% YTD over prior year. Mazda has been a casualty of this with one of the smallest 3 row CUVs in its class - overall they are down significantly this year. Interestingly, Pilot and Explorer sales are way down - looks like folks have found better options.

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[G-438718]

I think we are poised for an economic downturn and vehicle purchases are a signal folks are holding tight, keeping vehicles longer. Other than, ironically, KIA/Hyundai....at this point sales are generally positive for them.

Ford can't even deliver new models, as they have clear defects leaving the factories.