Hyundai, Kia Grow US Sales in Q3
Both companies set records for the brands here.

Hyundai said it set third-quarter total and retail sales records for the IONIQ 5, Santa Fe PHEV, Santa Fe HEV, Tucson PHEV, Tucson HEV and Santa Cruz.
IMAGE: Pexels/Akshay Shende
Kia and parent company Hyundai enjoyed third-quarter sales growth in the U.S.
The South Korean automakers saw improvement as loosened supply chains buoyed the industry as a whole.
Kia set a record third quarter for the brand’s U.S. sales at more than 210,000 units, the third time it passed that mark, also helping it reach a record performance for the first nine months of the year at 604,674 vehicles.
“With the best-ever performance through Q3, 14 straight months of year-over-year growth, and sales of our SUV and electrified offerings continuing to gain market share, Kia is ahead of the curve and delivering the vehicles customers want, particularly in the highly competitive segments,” said Eric Watson, vice president, sales operations, Kia America.
It said 10 of its models had year-over-year sales gains.
Meanwhile, Kia’s parent grew U.S. sales 9% year-over-year to more than 200,500 units.
“We are in great shape to finish the year strong with our all-new Kona and increased sales from our IONIQ lineup of electric vehicles,” said Hyundai Motor America CEO Randy Parker.
Originally posted on Auto Dealer Today
More Industry

World EV Adoption Set to Grow
A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.
Read More →
Black Book: Weekly Market Update
Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.
Read More →
Pricing Transparency Drives Purchase Consideration
An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.
Read More →
Black Book: Weekly Market Update
Used-vehicle market depreciation was the prevailing story in the wholesale market last week.
Read More →
Smaller Is Looking Better
A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.
Read More →
U.S. EV Market Slowly Stabilizes
U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.
Read More →
Global EV Market Entering New Phase
Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.
Read More →
Black Book Weekly Market Update
The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.
Read More →
Auto Affordability in Context
Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.
Read More →
Black Book: Weekly Market Update
Automotive auction inventory increased last week, giving choosy bidders even more leeway.
Read More →