Strong demand for its Electrified and SUV Models Powers Kia America to Best-Ever October sales

Source: www.gulfoilandgas.com 11/1/2024, Location: North America

Kia shatters the previous total October sales record – set in 2023 – by 16-percent
All-time best October totals for Kia’s electrified and SUV vehicles – up 30- and 19-percent, respectively

Kia America achieved both its best-ever October sales, with 68,908 units sold, and best-ever October dealer sales. These records were driven by impressive growth and standout performances across its lineup of electrified vehicles and SUVs.

Sales of Kia’s all-electric (EV), plug-in hybrid (PHEV) and hybrid (HEV) vehicles increased by 70-percent, 65-percent, and 49-percent respectively compared to last year, which helped the brand achieve its highest-ever sales for electrified models in October. Additionally, SUV sales reached a record high for the month, accounting for 73-percent of total sales, illustrating the ongoing popularity of Kia's SUV lineup.

Three Kia nameplates – Sportage, Carnival, EV6 – set new October sales records while four other Kia models – Sorento (+23-percent); Telluride (+14-percent); K5 (+12-percent) and Soul (+10-percent)– posted significant sales gains as compared to the same period last year.

“A number of Kia’s electrified models and SUVs realized double-digit sales increases, propelling Kia to our best October sales performance in company history,” said Eric Watson, vice president, sales operations, Kia America. “Kia continues to appeal to a broad range of consumers as we offer 10 compelling utility models many with a choice of all-electric, plug-in hybrid, hybrid and ICE powertrains. As the all-new K4 compact sedan and the first-ever Carnival Hybrid MPV are already generating significant foot traffic in Kia showrooms nationwide, we expect the positive growth to continue.”

In addition to the monthly sales performance, Kia America announced several initiatives, including:
Kia America announced immediate assistance programs to help in recovery efforts following the destruction caused by Hurricanes Helene and Milton in the Southeastern U.S., which included a total monetary donation of $400,000. In addition, Kia implemented a customer assistance program for Kia customers in Florida, Georgia, South Carolina and North Carolina who need to replace a vehicle damaged beyond repair because of the hurricanes. Customers with an insurance claim for loss of a vehicle because of the storms will be eligible to receive $500 in support for the purchase or lease of select new Kia vehicles made between October 4, 2024 through January 2, 2025.[i]

Kia America announced the third year of the automaker’s “Accelerate the Good” Dealer Match program which raised more than $4.5 million for non-profits nationwide in 2023, 20 percent more than the program raised last year. Kia and its nationwide network of dealers selected charities across the U.S., including organizations that help treat and defeat childhood cancer and other life-threatening diseases; help end childhood hunger; provide shelter for youth facing homelessness; provide natural disaster relief for recovering communities; offer support for military families; help shelter animals find forever homes and assist with environmental cleanup projects nationwide.

A modified Kia Telluride X-Pro participated in the 2024 Rebelle Rally, marking the third year of competition for Kia America’s most decorated vehicle. Having secured a podium finish every year in the X-Cross class, the Telluride X-Pro returns with enhanced modifications and a renewed drive for redemption. Professional rally driver, Verena Mei, once again took the wheel for the fourth year in a row and was joined by navigator Kendra Miller, building a formidable team.


United States >>  12/4/2024 - EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest providers of public fast charging infrastructure for electric vehicles...
United States >>  12/3/2024 - ComEd and the Metropolitan Mayors Caucus (Caucus) today announced the third cohort of communities participating in the EV Readiness Program, a unique ...

United States >>  12/3/2024 - PHINIA Inc. (“PHINIA” or the “Company”) (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, with over 100 y...
United States >>  12/3/2024 - Hexagon Digital Wave, a leading provider of innovative solutions for the compressed gas distribution industry, launches in-situ requalification of Typ...

United States >>  12/3/2024 - Hyundai Motor Company unveiled its IONIQ 9 all-electric SUV at the iconic Goldstein House in Beverly Hills, California ahead of the Los Angeles Auto S...
Canada >>  12/2/2024 - Mullen Group Ltd. ("Mullen Group", "We", "Our" and/or the "Corporation") is pleased to announce that it has acquired Pacific Northwest Investments Inc...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.