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Subject: SLS

KIA AMERICA'S TORRID PACE CONTINUES WITH BEST JULY SALES IN COMPANY HISTORY


Fast-growing Kia marks 12 consecutive months of year-over-year sales growth

IRVINE, Calif., Aug. 1, 2023 /PRNewswire/ -- Building on the momentum created by best-ever first half sales, Kia America set an all-time July record of 70,930 units, up 14-percent over the same period last year and breaking the previous record set in July 2021. Kia's retail sales in July totaled 66,485, an increase of 13-percent year-over-year.

As Kia completed its twelfth consecutive month of year-over-year sales growth, six models posted year-over-year sales increases including: Niro (+384-percent); Carnival (+136-percent); Seltos (+39-percent); Rio (+18-percent); Telluride (+17-percent) and EV6 (+13-percent). In addition, five Kia models achieved best-ever July sales, including: Carnival (+40-percent); Seltos (+17-percent) and the Niro, Telluride and EV6 models (+13-percent, each). Lastly, year-over-year sales of Kia's electrified models increased by 72-percent, with sales of Kia's utility vehicles up 17-percent. Overall, Kia's utility models accounted for 72-percent of the brand's July sales total.

"Achieving one full calendar year of consecutive sales growth proves that Kia has the right mix of models that consumers are looking for, whether it's a rugged and capable SUV, a sporty sedan or an innovative EV," said Eric Watson, vice president, sales operations, Kia America. "As sales of our utility models continue to account for more than 70-percent of our overall total, and inventory levels on in-demand vehicles continues to improve, we are confident that the launch of Kia's flagship EV9 all-electric three-row SUV later this year will only accelerate this momentum for the foreseeable future."

In addition to the monthly sales performance, Kia America announced several initiatives as well as significant industry awards that were bestowed on various models within Kia's world-class line-up, including:

 


MONTH OF JULY

YEAR-TO-DATE

Model

2023

2022

2023

2022

EV6

1,937

1,716

10,265

14,284

Rio

2,358

1,992

16,554

16,910

Forte

11,004

10,016

73,065

61,822

K5

6,215

6,440

37,112

41,752

Stinger

464

513

5,018

5,676

Soul

5,123

5,322

39,870

32,930

Niro

3,112

643

22,437

18,309

Seltos

5,251

3,790

37,674

23,556

Sportage

11,853

11,985

83,742

64,341

Sorento

8,569

9,473

51,376

48,518

Telluride

9,759

8,318

65,043

55,211

Carnival

5,285

2,241

23,107

12,479

Total

70,930

62,449

465,263

395,789

Kia America ? about us

Headquartered in Irvine, California, Kia America continues to top automotive quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the "Official Automotive Partner" of the NBA and offers a range of gasoline, hybrid, plug-in hybrid and electrified vehicles sold through a network of over 750 dealers in the U.S., including several cars and SUVs proudly assembled in America*.

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.

* The K5, Sportage, Sorento, and Telluride (excludes HEV and PHEV models) are assembled in the United States from U.S. and globally sourced parts. The EV9 is expected to be assembled in the United States from U.S. and globally sourced parts.

 

SOURCE Kia America


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