April 27, 2024

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[THE INVESTOR] Kia Motors said on Feb. 1 its vehicle sales rose 5.2 percent in January from a year earlier on sales of new models.

The country’s second-largest carmaker by sales sold 205,126 vehicles last month, up from 194,898 units a year earlier, Kia Motors said in a statement.
Upgraded models of existing vehicles and whole new models, such as the Stinger sports sedan and Stonic subcompact sport-utility vehicle, were launched in key overseas markets. This, the company said, boosted the monthly sales figures.

Domestic sales jumped 11.7 percent on-year to 39,105 units in January from 35,012. Overseas sales climbed 3.8 percent to 166,021 from 159,886 over the same period, it said.

For the whole of 2017, Kia’s sales declined 7.8 percent to 2.75 million autos from 2.98 million in 2016.

By Seong Seung-hyun and newswires (ssh@heraldcorp.com)