Kia Motors posts 23.4% increase in May global sales

Kia Motors Corporation announced today its global sales figures for passenger cars (export sales, domestic sales and sales from overseas plants), recreational vehicles (RVs) and commercial vehicles for May 2010, recording a total of 175,098 units sold. This figure represents a year-on-year increase of 23.4%.

In May, Kia posted healthy year-on-year sales increases in all sales regions: 59.3% in general markets (37,318 units sold), 28.9% in China (26,101 units sold), 19.5% in North America (37,162 units sold), 18.7% in Europe (34,503 units sold) and 5.0% in Korea (40,014 units sold).

Cumulatively, through the first five months of 2010, Kia’s global sales increased by 38.9% year-on-year and reached 820,613 units. China experienced the highest gain of 92.9% based on sales of 144,314 units to date in 2010.

The remaining regions have all showed cumulative strong double digit year-on-year sales increases: 58.4% in general markets (174,663 units sold), 30.5% in Europe (159,073 units sold), 25.4% in Korea (183,758 units sold) and 15.5% in North America (158,805 units sold).