- July global sales at 257,903 units, up 6.3% y/y
- Sales outside of Korea recorded 206,548 units, up 6.2% y/y
- Sales in Korea recorded 51,355 units, up 6.6% y/y
- Kia to continue creating sales momentum and enhancing profitability through new models, such as the award-winning Kia EV6
Kia Corporation recorded total global sales of 257,903 units in July 2022, a 6.3 percent increase year-on-year.
The SUV line-up led global sales during July, with the Sportage being the highest-selling model. The Sportage recorded global sales of 39,886 units in July, followed by the brand’s Seltos and Sorento SUV models.
Continuing strong EV sales in the second quarter of 2022, Kia sold 8,171 units of the EV6 globally in July, further accelerating the company’s EV transition. In the second quarter, retail sales of Kia’s BEV models accounted for 44,000 units, a 98 percent increase year-on-year.
Sales outside of Korea
Outside of Korea, Kia recorded sales of 206,548 units, up 6.2 percent year-on-year. The Sportage and Seltos SUV continued to lead Kia’s sales momentum with 36,480 and 22,768 units sold, respectively. The Asia-Pacific, Inia, Middle East, Africa, and South and Central America regions recorded robust sales results.
Korea sales
Kia recorded sales of 51,355 units in Korea, a 6.6 percent increase from July 2021. In the domestic market, the Sorento recorded sales of 6,940 units to lead the brand’s SUV sales. This was followed by the Seltos SUV, which recorded 4,120 units. Kia’s EV6 also recorded a strong sales figure of 3,049 units.
Business outlook
In response to the market’s current challenges, Kia will continue to flexibly adjust its production in line with inventory status and to minimize production disruption.
Building on competitive new models such as the all-electric EV6 – named the 2022 European Car of the Year in February – Kia will create positive sales momentum and enhance profitability, while continuing to rapidly transition to a sustainable mobility solutions provider.
Sales Result (July)
|
Subject |
Jul-22 |
Jul-21 |
YoY change |
Jun-22 |
MoM change |
2022 YTD |
2021 YTD |
YTD change |
|
Korea sales |
51,355 |
48,160 |
6.6% |
45,110 |
13.8% |
313,887 |
326,544 |
-3.9% |
|
Overseas sales |
206,548 |
194,560 |
6.2% |
214,371 |
-3.6% |
1,363,504 |
1,360,283 |
0.2% |
|
Global sales |
257,903 |
242,720 |
6.3% |
259,481 |
-0.6% |
1,677,391 |
1,686,827 |
-0.6% |
Editor’s note
* Sales results are based on wholesale.
* Monthly sales figures provided in this press release are unaudited and on a preliminary basis.