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Kia Motors Posts 9.2% Increase In August Global Sales

09.09.2008

Kia Motors Corporation announced today that its global sales (export sales, domestic sales and sales from overseas plants) of passenger cars, recreation vehicles (RVs) and light trucks in August 2008 recorded 112,564, representing a 9.2% year-on-year increase.

Sales in North America, Europe, China, general markets and Korea post year-on-year sales growth -5.6%, -1.9%, 34.7%, 50.9% and 1.3%, respectively. Cumulatively, through the first eight months of 2008, Kia’s global sales increased by 16% year-on-year and reached 951,948 units. China and general markets have experienced the largest gains of 41.8%, and 35.7%, respectively. Cumulative year-on-year sales increases have also been experienced in all other sales regions: Korea (16%), Europe (10.8%) and North America (2.3%).