Hyundai Motor Company and its affiliate Kia Motors are well on track to see their exports rise above 2 million units in one year alone!
Both South Korean carmakers have experienced a high demand for their new vehicles. Sales are up, compared to a year ago and if the current trend of rising sales continues, Kia and Hyundai will export more than 2 million vehicles in one year for the first time.
Through August this year, the top two automakers in Korea have exported a total of 1.44 million new vehicles to worldwide. This is more than 13 percent increase compared to a year ago. Their outbound shipment value jumped 30 percent to $20.6 billion over the same period, revealed KAMA. Last year, Hyundai and Kia exported a total of 1.99 million units worth $25.3 billion.
On the other hand, Kia increased its sales of new Sorento crossover and reports high interest in the up-coming Kia Rio and revised Soul crossover. Read more about Hyundai sales projections here...