Kia announces November 2021 global sales results

Kia announces November 2021 global sales results




November global sales at 222,232 units, down 13.3% y/y
Sales in Korea recorded 46,042 units, down 8.9% y/y
Sales outside of Korea recorded 176,190 units, down 14.3% y/y
Kia witnessing gradual increase in vehicle production beginning September
Kia to create sales momentum through competitive new models including the EV6 battery electric vehicle and all-new Sportage

(SEOUL) December 1, 2021 – Kia Corporation recorded total global sales of 222,232 units in November 2021, a 13.3 percent decrease year on year.

The global semiconductor supply shortage led to the supply side disruption resulting in a decrease in sales.

Korea sales

Kia recorded sales of 46,042 units in Korea, an 8.9 percent decrease from November 2020.  SUV models led the company’s sales in its home market. The Sportage SUV recorded the highest sales volume with 7,540 units sold and was followed by the Sorento SUV which recorded 4,903 units.

Sales outside of Korea

Sales outside of Korea decreased 14.3 percent compared to the same month last year with 176,190 units sold.

In markets outside of Korea, the Seltos SUV led the sales momentum with a record of 22,929 units sold. The record was followed by Sportage which sold 20,992 units then Rio which sold 17,115 units.

Going forward, in response to challenging business environment stemming from continuing COVID-19 and semiconductor shortage, Kia will continue to flexibly adjust its production in line with inventory status and to minimize production disruption. Also, Kia is witnessing gradual increase in the vehicle production beginning this September. Year to date, Kia is recording 7.6% increase in the global sales year over year reflecting the company’s strong product line-up.

Kia will also continue to focus on creating positive sales momentum and enhancing profitability through new models, such as the EV6 battery electric vehicle and all-new Sportage SUV.




 



Nov-21



Nov-20



YoY change



Oct-21



MoM change



2021 YTD



2020 YTD



YTD change





Korea sales



46,042



50,523



– 8.9%



37,837



21.7%



487,227



513,543



-5.1%





Overseas sales



176,190



205,692



– 14.3%



181,999



– 3.2%



2,083,361



1,875,538



11.1%





Global sales



222,232



256,215



– 13.3%



219,836



1.1%



2,570,588



2,389,081



7.6%




Editor’s note

* Sales results are based on wholesale.

* Monthly sales figures provided in this press release are unaudited and on a preliminary basis.

Kia Corporation – about us

Kia (www.kia.com) is a global mobility brand with a vision to create sustainable mobility solutions for consumers, communities, and societies around the world. Founded in 1944, Kia has been providing mobility solutions for more than 75 years. With 52,000 employees worldwide, a presence in more than 190 markets, and manufacturing facilities in six countries, the company today sells around three million vehicles a year. Kia is spearheading the popularization of electrified and battery electric vehicles and developing a growing range of mobility services, encouraging millions of people around the world to explore the best ways of getting around. The company’s brand slogan – ‘Movement that inspires’ – reflects Kia’s commitment to inspire consumers through its products and services.

For more information, visit the Kia Global Media Center at www.kianewscenter.com

Press Release Information Accuracy Disclaimer

Information posted in press releases on the Kia Media website was accurate at the time of posting but may be superseded by subsequent releases or other information.



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