KIA Motors, domestic sales in March 15.3%... topped 50,000 units in 23 months
KIA Motors, domestic sales in March 15.3%... topped 50,000 units in 23 months
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  • 승인 2020.04.01 16:29
  • 최종수정 2020.04.01 16:29
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KIA Motors K5. Photo: KIA Motors
KIA Motors K5. Photo: KIA Motors

[Infostock Daily= reporter Song Jeong-hoon] KIA Motors said on March 1 that it sold 226,960 vehicles in March, down 6.4 percent from the same month last year.

Although it showed strong sales in domestic sales due to the effects of new cars, overseas sales were sluggish as new Coronavirus infections (Corona 19 or COVID-19) spread to major markets such as the US and Europe.

Last month, KIA Motors domestic sales rose 15.3% year-on-year to 51,088 units, and KIA Motors monthly domestic sales exceeded 50,000 units in 23 months since April 2018.

It is analyzed that the effect of the new car launches of 'K5' released last December and 'Sorento' released last month was affected by the government's individual consumption tax cut (5% ~ 1.5%).

In the case of sedans, 'K5' sold 8193 units and was named the best-selling car for the fourth consecutive month since its launch in December last year. "K7" (5045 units), "Morning" (4126 units) and "K3" (3509 units) also showed strong sales.

The SUV (multipurpose sportsra-weight) was the most sold by Celtos with 6035 units, followed by Sorento (3875 units) and Carnival (3179 units).

The commercial model was the highest selling of the 'Bongo III' to 6014.

Last month, KIA Motors' overseas sales fell 11.2% year-on-year to 175,952 units, and the Corona 19 spread in major markets such as China, Europe and North America.

“The vehicles recently launched by Kia Motors, such as the third-generation K5 and the fourth-generation Sorento, are loved by customers for their high marketability,” said a Kia official. “The Korona 19 situation has increased management uncertainty, but we will minimize the negative impact through active risk management.”

Reporter Song Jeong-hoon boxr@infostock.co.kr

 


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