Hyundai and Kia Vehicle Sales in U.S. Increase by 12% in July


Hyundai Motor Co. and its smaller affiliate Kia Corp. reported a 12% increase in their vehicle sales in the United States in July compared to the same period last year. The boost was attributed to the strong sales of SUVs and electric vehicles. Hyundai and Kia sold a total of 143,787 vehicles in the U.S. last month, up from 128,283 units a year ago. Hyundai’s sales increased 10% year-on-year to 66,527 units, while Genesis’ sales jumped 22% at 6,330 and Kia’s rose 14% at 70,930. Hyundai’s eco-friendly product offerings, including Ioniq 5, Ioniq 6, HEV and PHEV models, were cited as the main contributors to the sales growth. Kia’s upcoming flagship EV9 all-electric three-row SUV is expected to further accelerate the momentum in the coming months. Hyundai and Kia have set a combined sales goal of 7.52 million units in 2023, up 9.8% from the 6.85 million units they sold last year.

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