More than 82k units sold in Europe in October ... down 4.9% YoY = Korea Hyundai Motor, Kia
Last month, while the size of the European automobile market expanded, the European sales of Korea's Hyundai Motor and Kia slightly decreased.

According to the Association of European Automobile Manufacturers (ACEA) on November 17th, Hyundai and Kia sold a total of 82,059 units in Europe last month, down 4.9% from the previous year.

Specifically, Hyundai Motor sold 39,646 units and Kia 42,413 units during the same period, down 8.9% and 0.9%, respectively.

Last month, the European market totalled 910,753 units, an increase of 14.1% over the previous year.

Hyundai Motor and Kia's European market share also fell to 9.0%, down 1.8 percentage points year-on-year.

Popular models in the European market were Sportage (Kia) with 11,738 units, followed by △ Seed (Kia) with 10,121 units, △ Tucson (Hyundai Motor) with 9,163 units, △ Kona (Hyundai Motor) with 6782 units, △ Niro (Hyundai Motor) with 5965 units.

Sales of electric vehicles also declined. Hyundai and Kia sold 9,526 electric vehicles in the European market, down 33.5% year-on-year. Kona Electric recorded 2,779, Ionic 5 2,384, Niro EV 2,162, and EV6 1,811.

However, the cumulative sales volume of electric vehicles from January to October was 119,153 units, an increase of 13.6% from the previous year.

Hyundai Motor and Kia's cumulative sales as of October this year reached 903,336 units, up 5.4% year-on-year.
2022/11/25 09:52 KST