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Hyundai, Kia log weak U.S. sales in 2018

All Headlines 08:42 January 04, 2019

LOS ANGELES, Jan. 3 (Yonhap) -- Hyundai Motor Co. and its smaller sister Kia Motors Corp. posted sluggish sales in the U.S. market in 2018 despite brisk demand for their SUVs, data showed Thursday.

Hyundai, South Korea's top automaker, sold 677,946 vehicles in America last year, down 1.1 percent from the previous year, according to the data from their U.S. sales units.

The figure included sales of Genesis sedans or Hyundai's luxury brand, which remained flaccid throughout the year.

Despite the overall drop, Hyundai's U.S. shipments rose 3.3 percent in December from a year ago, with SUV sales spiking 42 percent.

Hyundai Motor Co.'s Tucson SUV (Yonhap)

Sales of the Tucson SUV, the subcompact SUV Kona and the Ioniq electric vehicle were strong, but the Sonata and Elantra sedans stayed weak.

In particular, sales of the Tucson soared 32 percent on-year in December, renewing monthly records for 22 months in a row. Hyundai also sold more than 8,000 Konas last month, up 39 percent from a year ago.

Kia, South Korea's second-largest carmaker, sold 589,763 units in the world's No. 2 auto market last year, up 0.1 percent from a year earlier.

Kia's U.S. sales remained sluggish before chalking off a 10.2 percent on-year hike to 47,428 units in December.

SUVs led Kia's sales in America with shipments of the Sportage and the Sorento rising 13.7 percent and 8.2 percent on-year, respectively.

Kia Motors Corp.'s Sportage SUV (Yonhap)


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