Categories: Automobile

Kia announces October 2024 global sales results

  • October 2024 global sales of 264,854 units, up 2.8% Y/y
  • Outside of Korea, Kia sold 217,901 units, up 1.8% Y/y
  • In Korea, Kia sold 46,025 units, up 7.1% Y/y
  • Kia Sportage SUV led the company’s sales, selling 48,965 units, backed up by the Seltos and Sorento SUVs

Kia Corporation today announced global sales for October 2024 of 264,854 units (excluding special purpose vehicles), up 2.8 per cent year over year, led by strong market demand for the company’s SUV models.

The Sportage SUV drove Kia’s October sales, recording 48,965 units globally. The Seltos and Sorento SUVs backed up this continued market performance, with the Seltos SUV recording global sales of 25,608 units. The Sorento SUV sold 23,101 units globally.

Sales outside of Korea

Outside of Korea, Kia recorded sales of 217,901 units, up 1.8 percent compared with the same period in 2023.

- Advertisement -

The Sportage SUV led the brand’s performance in markets outside of Korea, with 43,434 sales. It was followed by the K3 (including its successor in some markets, the K4 compact sedan), which sold 19,493 units, and the Seltos SUV, with sales of 18,786 units.

Korea sales

In the Korean market, Kia sold 46,025 units, a 7.1 percent increase compared with the same period last year.

The Sorento SUV led the company’s passenger vehicle sales in its home market, with 7,962 units. This was followed by the Seltos SUV, which sold 6,822 units, and the Carnival MPV, with 5,645 sales.

In the fourth quarter of this year Kia will launch its new Sportage SUV as well as commencing European sales of its all-electric EV3. The company will continue to build on its sales momentum in the first half of next year with the launch of new models, including EV4 and the Tasman pickup. 

- Advertisement -

Kia global sales – October 2024

Subject

October
20
24

October
 20
23

YoY change

September
 2024

MoM change

2024 YTD

2023 YTD

YTD change

Korea sales

46,025

42,960

7.1%

38,140

20.7%

445,925

468,835

-4.9%

Overseas sales

217,901

214,130

1.8%

211,060

3.2%

2,133,391

2,138,499

-0.2%

SPV
sales

928

546

70.0%

700

32.6%

4,928

4,531

8.8%

Total
sales

264,854

257,636

2.8%

249,900

6.0%

2,584,244

2,611,865

-1.1%

Editor’s note

* Sales results are based on wholesale unless otherwise specified
* Monthly sales figures provided in this release are unaudited and on a preliminary basis. Data may be subject to future update
* With the change in business results categorization in 2023, special purpose vehicle sales are recorded separately
* Special purpose vehicles (SPV) include various specialized vehicles. Sales figures account for sales in Korea and overseas markets

- Advertisement -
TheNews Market

Recent Posts

Giift (Empuls) Named in the 2024 Gartner Market Guide for Voice of the Employee Solutions

SAN FRANCISCO, Dec. 20, 2024 /PRNewswire/ -- Giift (Empuls) (formerly known as Xoxoday) has been…

2 hours ago

NYSE CONTENT ADVISORY: PRE MARKET UPDATE AND WEEKLY RECAP DECEMBER 20, 2024

NEW YORK, Dec. 20, 2024 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud…

2 hours ago

Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway

DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume,…

2 hours ago

Embrace the Magic of Christmas with Toshiba TV: Your Indoor Wonderland

HONG KONG, Dec. 20, 2024 /PRNewswire/ -- As Christmas approaches, Toshiba TV invites families to…

2 hours ago

Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion

Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by…

2 hours ago

Godrej Consumer Products Achieves Global Sustainability Milestone, Ranks Among Top 3 FMCG Companies Globally on Dow Jones Sustainability Index 2024

MUMBAI, India, Dec. 20, 2024 /PRNewswire/ -- Godrej Consumer Products Limited (GCPL), a leading emerging…

2 hours ago