Hyundai Kia Sells 9 Million Cars in China
kpride, Oct. 6, 2014, 9:24 a.m.
Hyundai and its affiliate Kia hit the 9 million mark in cumulative sales in the Chinese market, seven months after it achieved the 8 million mark in February. Hyundai and Kia said on Sunday that as of Sept. 22, Beijing Hyundai and Dongfeng Yueda Kia sold 5.92 million and 3.08 million cars, respectively, bringing the combined total to over 9 million.
For the first nine months of this year, they saw a 9.5 percent on-year rise in sales there to 1.27 million cars. Hyundai's Lang Dong (sold as Avante MD here) and the Kia K3 were the best-selling models this year at 179,139 units and 126,331 units, respectively.
Hyundai intends to take on the market more aggressively by releasing the ix25 compact SUV this month and the LF Sonata in the first half of next year. The ix25 is Hyundai's second China-only model, after the Mingtu sedan, created to increase the automaker's presence in the rapidly growing compact SUV market there.
Kia launched the K4 mid-sized sedan in China last month and hopes to maintain its momentum with its K-series lineup.