Business · Companies · 2 hrs ago

Hyundai and Kia set October US sales record as hybrid sales surge

Hyundai and Kia set October US sales record as hybrid sales surge

Hyundai and Kia sold a record 160,083 vehicles in the US in October, up 9.5% from the same month last year.

Hyundai sold 80,075 vehicles, while Kia sold 80,008.

Kia's sales rose 16% and Hyundai's rose 3.8%, with both setting their best October totals; Kia also extended its run of monthly sales records to six months.

The two brands' hybrids and electric vehicles together made up 34% of their sales, a record share, as sales of these vehicles climbed 56%.

Hybrid sales rose 56.1%, and electric vehicle sales rose 55.1%; Kia's sales of hybrids and electric vehicles topped 30,000 for the first time in a month.

The figures show growing demand for the brands' hybrid and electric models, though Hyundai's electric vehicle sales fell 8.2%.

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What people are saying

Randy ParkerCEO of Hyundai North America
We had our best October ever
via Yonhap
The 9% increase in retail sales is a clear sign that consumers are choosing Hyundai
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