P&A Providers & Administrators
MenuMENU
SearchSEARCH

Kia Reports Record Sales

Deliveries soar 18%, setting a record for the first half of the year.

July 5, 2023
Kia Reports Record Sales

Kia America recorded a 15% year-over-year increase in the second quarter.

Credit:

Milissa Martini, Pexels

2 min to read


 

Kia sales are taking off, with the company setting a record in first-half sales, up 18% year-over-year.

Kia America recorded 210,197 sales in the second quarter, a 15% year-over-year increase. The automaker’s June sales rose to 70,495, up 8%.

Ad Loading...

In a statement to Automotive News, Eric Watson, Kia America's sales chief, attributed Kia's record first-half results to the 26% increase in sales for the company’s crossover lineup in the first six months.

Kia's Forte sedan is successful with urban shoppers who prioritize smaller, more economical cars, he said.

Watson also pointed out that certain pandemic-affected models, such as the Carnival people hauler and Seltos entry-level crossover, are experiencing a return in supply.

"Our production is up and we've been able to sell that because our sales are up year over year, but we're not building dealer stock," he told Automotive News.

Losing the $7,500 tax credit for the EV6 and Niro EVs caused their sales to slide, but Watson predicts a recovery in the second half.

Ad Loading...

Kia’s breakdown of sales is as follows:

  • EV6, down 43% in June and 32% in the quarter

  • Niro, up 84% in June and 13% in the quarter

  • Telluride, up 4% in June and 13% in the quarter

  • Sportage, down 2% in June; up 12% in the quarter

  • Sorento, down 3% in June; up 7% in the quarter

  • Seltos, up 158% in June and 114% in the quarter

  • Carnival up 34% in June and 73% in the quarter

  • Forte, up 11% in June and 11% in the quarter

Kia reported that its inventory has been at a 12- to 15-day supply for the past five months.

Originally posted on Auto Dealer Today

More Industry

Subwoofer in trunk of car.
Industryby Lauren LawrenceMay 26, 2026

Ownership Priorities are Shifting

A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.

Read More →
Man's hand holding gas pump in fuel tank of white car
Industryby Hannah MitchellMay 26, 2026

Pump Price Jump Calculated

ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.

Read More →
Graphic showing previous week's truck and SUV segment prices
Industryby StaffMay 20, 2026

Black Book: Weekly Market Update

Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.

Read More →
Ad Loading...
Photo of dealership sign with Toyota logo
Industryby Lauren LawrenceMay 19, 2026

Arkansas Auto Group Acquires First Indiana Rooftop

Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.

Read More →
Headshot photo of Antonio Filosa, Stellantis CEO
Industryby Hannah MitchellMay 19, 2026

Stellantis to Dive Into U.S. Lending

The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.

Read More →
Photo of the rear of a new BMW iX SUV
Industryby Hannah MitchellMay 12, 2026

New-Vehicle Prices Rise

With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.

Read More →
Ad Loading...
Graphic of car segments' results the previous week
Industryby StaffMay 12, 2026

Black Book: Weekly Market Update

Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.

Read More →
Graphic of last week's estimated used retail days to turn
Industryby StaffMay 6, 2026

Black Book: Weekly Market Update

Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.

Read More →
cargo ship with vehicles, at dock
Industryby Lauren LawrenceMay 5, 2026

EU Auto Association Urges Action

Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.

Read More →
Ad Loading...
two people working on a paper contract together
IndustryMay 1, 2026

Driving into the Super CFC Era

Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.

Read More →