Kia Sales June 2019

[Sal Collaziano]

KIA MOTORS AMERICA ANNOUNCES JUNE SALES

Year-to-Date Sales Up 3.8-Percent
IRVINE, Calif., July 2, 2019 – Kia Motors America today announced June sales of 56,801 vehicles, led by the Optima midsize sedan, with 11,090 units sold. Year-to-date sales for the brand are up 3.8- percent over the same period last year.

“Kia outpaced the industry throughout the first half thanks in part to overwhelming demand for the all-new Telluride,” said Bill Peffer, vice president, sales operations, Kia Motors America. “Kia is carrying a lot of momentum into the third quarter and we are confident our upward trajectory will continue through the remainder of the year.”

About Kia Motors America
Headquartered in Irvine, California, Kia Motors America continues to top quality surveys and is recognized as one of the 100 Best Global Brands and 50 Best Global Green Brands by Interbrand. Kia serves as the "Official Automotive Partner" of the NBA and offers a complete range of vehicles sold through a network of nearly 800 dealers in the U.S., including cars and SUVs proudly assembled in West Point, Georgia.*
For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.
*The Telluride, Sorento and Optima (excluding Hybrid and Plug-In Hybrid) are assembled in the United States from U.S. and globally sourced parts.

	MONTH OF JUNE	YEAR-TO-DATE
Model	2019	2018	2019	2018
Rio	2,038	1,901	12,446	11,071
Forte	9,337	10,209	48,413	54,400
Optima	11,090	8,623	50,469	46,876
Cadenza	130	268	763	3,301
Stinger	1,345	1,579	6,921	8,638
K900	35	22	209	175
Soul	8,886	9,867	55,583	50,032
Niro	2,200	2,720	11,942	14,203
Sportage	6,789	6,706	40,075	41,719
Sorento	7,570	12,089	47,018	52,760
Telluride	5,989	N/A	23,227	N/A
Sedona	1,392	2,587	7,778	10,388
Total	56,801	56,571	304,844	293,563

 

[jw_tx21]

Based on the pace of sales (~6000 per month) and statements that Kia is running at 100% capacity, that puts them on pace for the 60,000 Tellurides by the end of the calendar year (6 more months @ 6,000 + 23,227 sold in 1H19). That's in line with what we heard previously - and up from the initial statements of about 45,000. So, they made some factory modifications to up the pace - but unlikely to surpass the 60k this year.

 

[YEH]

As expected, Sorento sales fall further behind last year's pace, and likely will continue w/ Sorento production having been curtailed some to increase Telluride production.

But, w/ the new Sorento and Optima due to launch in the not too distant future. things will be tight at Kia's GA plant.

Considering that the GA plant also supplies Canada and the Middle East, factory output of the Telluride is probably north of 90k for the year.