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Friday, November 15, 2024

Robust demand for its Electrified and SUV Fashions Powers Kia America to Finest-Ever October gross sales


  • Kia shatters the earlier whole October gross sales report – set in 2023 – by 16-percent
  • All-time finest October totals for Kia’s electrified and SUV autos – up 30- and 19-percent, respectively

Kia America achieved each its best-ever October gross sales, with 68,908 items offered, and best-ever October vendor gross sales. These data have been pushed by spectacular development and standout performances throughout its lineup of electrified autos and SUVs. 

Gross sales of Kia’s all-electric (EV), plug-in hybrid (PHEV) and hybrid (HEV) autos elevated by 70-percent, 65-percent, and 49-percent respectively in comparison with final 12 months, which helped the model obtain its highest-ever gross sales for electrified fashions in October. Moreover, SUV gross sales reached a report excessive for the month, accounting for 73-percent of whole gross sales, illustrating the continued reputation of Kia’s SUV lineup.

Three Kia nameplates – Sportage, Carnival, EV6 – set new October gross sales data whereas 4 different Kia fashions – Sorento (+23-percent); Telluride (+14-percent); K5 (+12-percent) and Soul (+10-percent)– posted important gross sales beneficial properties as in comparison with the identical interval final 12 months.

“A lot of Kia’s electrified fashions and SUVs realized double-digit gross sales will increase, propelling Kia to our greatest October gross sales efficiency in firm historical past,” stated Eric Watson, vp, gross sales operations, Kia America. “Kia continues to enchantment to a broad vary of shoppers as we provide 10 compelling utility fashions many with a alternative of all-electric, plug-in hybrid, hybrid and ICE powertrains. Because the all-new K4 compact sedan and the first-ever Carnival Hybrid MPV are already producing important foot visitors in Kia showrooms nationwide, we anticipate the optimistic development to proceed.”

Along with the month-to-month gross sales efficiency, Kia America introduced a number of initiatives, together with:

  • Kia America introduced rapid help applications to assist in restoration efforts following the destruction brought on by Hurricanes Helene and Milton within the Southeastern U.S., which included a complete financial donation of $400,000. As well as, Kia carried out a buyer help program for Kia clients in Florida, Georgia, South Carolina and North Carolina who want to switch a car broken past restore due to the hurricanes. Prospects with an insurance coverage declare for lack of a car due to the storms can be eligible to obtain $500 in assist for the acquisition or lease of choose new Kia autos made between October 4, 2024 by January 2, 2025.[i]  
  • Kia America introduced the third 12 months of the automaker’s “Speed up the Good” Vendor Match program which raised greater than $4.5 million for non-profits nationwide in 2023, 20 p.c greater than this system raised final 12 months. Kia and its nationwide community of sellers chosen charities throughout the U.S., together with organizations that assist deal with and defeat childhood most cancers and different life-threatening ailments; assist finish childhood starvation; present shelter for youth dealing with homelessness; present pure catastrophe reduction for recovering communities; supply assist for army households; assist shelter animals discover without end houses and help with environmental cleanup initiatives nationwide.
  • A modified Kia Telluride X-Professional participated within the 2024 Rebelle Rally, marking the third 12 months of competitors for Kia America’s most embellished car. Having secured a podium end yearly within the X-Cross class, the Telluride X-Professional returns with enhanced modifications and a renewed drive for redemption. Skilled rally driver, Verena Mei, as soon as once more took the wheel for the fourth 12 months in a row and was joined by navigator Kendra Miller, constructing a formidable group.

MONTH OF OCTOBER

YEAR TO DATE

Mannequin

2024

2023

Mannequin

2023

EV9

1,941

0

17,911

0

EV6

1,732

1,542

17,717

16,340

Rio

0

2,544

1,917

23,740

Forte

4,957

9,393

106,050

104,528

K4

7,901

0

10,812

0

K5

5,818

5,200

34,294

54,794

Stinger

0

49

0

5,421

Soul

4,622

4,192

44,716

54,263

Niro

1,546

2,408

26,678

31,493

Seltos

4,266

4,355

52,443

51,414

Sportage

13,681

11,053

132,439

118,637

Sorento

7,841

6,388

77,017

74,014

Telluride

9,694

8,533

91,448

92,514

Carnival

4,909

3,507

39,636

36,680

Whole

68,908

59,164

653,078

663,838

[i] $500 Hurricane Helene and Hurricane Milton Car Substitute Help supply obtainable on the acquisition or lease of a brand new Kia car (excluding 2024 K5, 2024 Sorento Hybrid, and 2024 Sorento PHEV) to any buyer who (1) is the registered proprietor or lessee of any car that was broken past restore on or after September 26, 2024, because of Hurricane Helene or Hurricane Milton; (2) has proof of a sound insurance coverage declare submitted to their insurer that signifies whole car loss and the reason for loss because of Hurricane Helene or Hurricane Milton; and (3) has proof of residency (legitimate government-issued ID) within the states of FL, GA, NC, SC and TN. Provide solely legitimate on new Kia autos bought or leased between October 4, 2024, to January 2, 2025. Provide could also be mixed with money incentives from Kia America, Inc., and finance or lease gives from Kia Finance America (KFA). Not all incentive applications are appropriate. See your collaborating Kia vendor within the states of FL, GA, NC, SC and TN for particulars. Should take supply from retailer inventory by January 2, 2025.

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