Open App →
Back to News Feed
Korea Times October 22, 2026 By yonhap@koreatimes.co.kr(KoreaTimes) neutral

Hyundai, Kia's Sept. sales fall 1.7% amid model shortage

AI / LLMSemiconductorsSupply ChainRegulation
Combined vehicle sales by Korea's leading automaker Hyundai Motor and its affiliate Kia fell 1.7 percent in Europe last month from a year earlier, amid a lack of new models, industry data showed Thursday. Hyundai and Kia sold a combined 96,258 vehicles in the common market in September, down from 97,907 in the same one-month period in 2025, according to data from the European Automobile Manufacturers' Association (ACEA). "The lack of new models, particularly electric vehicles, in Hyundai Motor's lineup affected its sales performance for the month," a company spokesperson said by phone. Hyundai Motor's sales fell 17.5 percent to 39,821 units from 48,253 a year earlier, while Kia's sales rose 13.7 percent to 56,437 units from 49,654. As emissions regulations in Europe become increasingly stringent, the two automakers are focusing on expanding sales of environmentally friendly vehicles, including the gasoline hybrid and plug-in hybrid versions of Hyundai's Tucson, its all-electric Kona, and Kia's pure electric EV3 and Niro plug-in hybrid. Last month, Hyundai and Kia together accounted for 7.
Read original article ↗

Related Articles

Woojin recognized for job creation, improved working conditions

Woojin Industrial Systems, a Korean manufacturer of railway vehicles and electric buses, said Friday it has been selecte

Korea Times · October 23, 2026

PANASONIC AVIONICS' ASTROVA SALES REACH HALF MILLION MARK

- Fastest-adopted IFE solution in the company's history reaches new scale as Osaka-Kadoma factory expansion increases As

PR Newswire · October 23, 2026

Best Business Utility Comparison Service UK (2026): Love Business Recognised for Helping SMEs Compare and Switch Suppliers by Better Business Advice

NEW YORK, Oct. 23, 2026 /PRNewswire/ -- Better Business Advice has named Love Business in its 2026 coverage of UK busine

PR Newswire · October 23, 2026

AI chip startup Tenstorrent raises $1.5 billion in Series E

Tenstorrent will use the capital to deploy Galaxy servers at scale, continuing to serve open-weight models across LLMs a

Evertiq · October 23, 2026