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THE INVESTOR
May 23, 2018
Big Reunion

Automobiles

Hyundai, Kia off to positive start with SUV models in US

  • PUBLISHED :February 02, 2018 - 10:43
  • UPDATED :February 02, 2018 - 10:43
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[THE INVESTOR] Hyundai Motor and its affiliate Kia Motors are off to a positive start this year, posting increased sales of Tucson and Sportage SUVs, respectively, in the United States last month from a year earlier.

In January, Hyundai Motor saw the sale of the Tucson compact SUV jump 33 percent to 7,638 vehicles from 5,748 units a year earlier. The sale of the midsized Santa Fe SUV fell 2.7 percent to 7,677 from 7,889 during the same period, Hyundai Motor America said in a statement.

“As we expected, the SUV focused-market continues into 2018 with consumer demand in those segments outpacing all others,” John Angevine, director in charge of national sales at Hyundai Motor America, said in the statement.

As the carmaker plans to launch the fully revamped Santa Fe SUV in the US ahead of the summer holidays, it expects the new model will further drive up sales in the world‘s most important automobile market.

To boost sales, Hyundai also plans to introduce the Kona subcompact SUV in the US market this month or in March.

In total, however, the maker of the Sonata sedan and Elantra compact sold a combined 41,242 vehicles, which carry the Hyundai or the sub-brand Genesis marque in the US last month. It was down 11 percent from 46,507 units a year ago, the statement said.

Kia Motors sold 35,628 vehicles in the US last month, slightly up from 35,626 units a year earlier. The sale of the company’s Sportage SUV climbed 24 percent to 5,712 autos from 4,623 during the same period, Kia Motors America said.

The sale of the Sorento SUV slightly fell to 6,123 from 6,179 over the cited period. That of the Stinger sports car, launched in the US late last year, stood at 1,021 units in January, it said.

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



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