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Hyundai, Kia see May sales in China up 16.6 pct

All News 11:47 June 08, 2016

SEOUL, June 8 (Yonhap) -- Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. said Wednesday that their combined sales in China grew double digits in May for the first time this year.

The two South Korean carmakers sold a combined 150,450 units last month in China, up 16.6 percent from a year earlier, according to the data provided by the companies.

The strong sales brushed off concerns of a sales slump by the two carmakers in the world's largest market earlier this year.

The data showed that Hyundai Motor sold 100,328 cars in China, up 25.4 percent from a year earlier, while Kia Motors saw its May car sales edge up 2.3 percent to 50,122 units.

The growth was driven by strong demand for sport utility vehicle models from Hyundai Motor and Kia Motors, sales of which jumped 85.4 percent in May from a year earlier, the data showed.

Hyundai and Kia together form the world's fifth-largest automaker.


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