Kia outsells Hyundai for the first time in Korea in 2016

Kia outsells Hyundai for the first time in Korea in 2016

According to a report by The Korea Herald, Kia outsold its larger corporate sibling Hyundai for the first time in its domestic market last year.

In terms of numbers, Kia sold 475,107 passengers cars in 2016 compared to Hyundai’s 418,303 units. Hyundai’s figures are also a far cry from its 2015 results, where it shifted 529,135 units during that period.

“We see this to be a temporary phenomenon. What’s more alarming for us is the declining market share of both Hyundai and Kia in the local market,” a Hyundai official told the local press.

As for the Q1 2017 period, Kia’s sales in Korea amounted to 104,954 units, which is only marginally ahead of Hyundai with 101,644 units. However, Hyundai’s recently facelifted Sonata and upcoming Kona could help the company regain its lead in its domestic market, analysts say.

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Gerard Lye

Originating from the corporate world with a background in finance and economics, Gerard’s strong love for cars led him to take the plunge into the automotive media industry. It was only then did he realise that there are more things to a car than just horsepower count.

 

Comments

  • Specter on May 23, 2017 at 5:56 pm

    KIA had done a Perodua.
    Hyundai & P1 dethroned..Daebak!

    Like or Dislike: Thumb up 9 Thumb down 1
    • pok nik on May 23, 2017 at 7:09 pm

      Bangsa Korea telah bangkit sebagai bangsa terhebat di dunia. Kita harus mencontohi sifat jatidiri dan patriotisme bangsa ini dengan meyakini produk keluaran Proton, hasil anak tempatan kita.

      Like or Dislike: Thumb up 6 Thumb down 13
  • YB Kunta Kinte on May 23, 2017 at 6:18 pm

    Kia and Hyundai just amazes people all the time. They just know what people want all the time. This is why, they together can sell about 8 million cars globally without any effort.

    Our Proton, started just 10 years later than Hyundai/KIA but it struggles to even sell 50,000 cars to the local market. Global market totally fail. Local market also, 90% ordered by Government departments and Ministries as a “sedekah” to help Proton out.

    How did the Koreans do it? From a pariah brand in the 90s, Hyundai/KIA is now No. 1 Brand in Australia and USA.
    Congratulations Kia. You work hard so you have done well!

    Like or Dislike: Thumb up 24 Thumb down 4
  • Mikey on May 23, 2017 at 6:54 pm

    Korea have 2 national car but they are Abang & Adik. M’sia also have 2 “national” car but NOT Abang & Adik.

    As to why P1 & P2 cannot be Abang & Adik even when both are our national car is a million dollar question only our Gov can answer bcos our Gov have interest directly or indirectly.

    Maybe john &/or Kunta can help/share their valuable thoughts. Cheers … to john & Kunta.

    Like or Dislike: Thumb up 5 Thumb down 4
  • revon on May 23, 2017 at 10:35 pm

    LOL. But here in bolehland, Malaysians think you are foolish to buy KIA or Hyundai. Low RV and expensive spareparts. All run to Honda, the ultimate choice. Pitiful.

    Like or Dislike: Thumb up 9 Thumb down 1
    • Sorento on May 24, 2017 at 7:48 am

      Good Kimchi cars.but bad dealers

      Like or Dislike: Thumb up 1 Thumb down 0
    • dear_ignoramus on May 24, 2017 at 8:08 am

      Kia sold in other countries are well spec and competitively priced to compete with Japan makes. Kia sold in Malaysia are woefully spec, woefully priced and woefully aftersale…d.

      Just take a look at the Sorento. They gut all the good stuff (sound insulation, infotainment, etc).

      Like or Dislike: Thumb up 1 Thumb down 1
  • whoever win, hyundai profit

    Like or Dislike: Thumb up 0 Thumb down 0
  • Trust the brand on May 25, 2017 at 4:31 pm

    I own a Sorento, a Picanto and a Tucson. Its a good car. Very reliable and never let me down. What is RV ? Afterall, we want our fam to be safe when on the road.

    Like or Dislike: Thumb up 0 Thumb down 0
 

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