SEOUL, November 25 (AJP) - Hyundai Motor and Kia reported lower vehicle sales in Europe in October even as the regional market expanded, according to data released Tuesday by the European Automobile Manufacturers Association.
The two automakers sold a combined 81,540 vehicles last month, down 1.4 percent from a year earlier. Hyundai’s sales slipped 1.4 percent to 41,137 units, while Kia posted a 2 percent decline to 40,403 units.
Their combined market share fell to 7.5 percent, a drop of 0.5 percentage points from a year ago. Hyundai’s share eased to 3.8 percent, down 0.2 points, and Kia’s declined 0.3 points to 3.7 percent. The overall European market, however, grew 4.9 percent to 1,091,904 units.
Hyundai’s top performers included the Tucson (9,959 units), Kona (6,717), and i10 (3,877). Kia’s bestsellers were the Sportage (11,960), Ceed (6,271), and EV3 (5,463).
In the eco-friendly segment, Hyundai sold 6,536 units of the Tucson, 5,275 of the Kona, and 2,704 of the Casper Electric. Kia’s EV3 led its green lineup with 5,463 units, followed by the Niro at 3,635 and the EV4 at 1,410.
From January to October, Hyundai and Kia’s cumulative European sales fell 2.8 percent to 879,479 units. Hyundai sold 443,364 vehicles during the period, down 1.5 percent, while Kia’s total dropped 4.1 percent to 436,115. Their combined market share for the first 10 months stood at 8 percent, down 0.4 percentage points from a year earlier.
* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
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