KIA MOTORS AMERICA COMPLETES BEST FIRST HALF SALES IN COMPANY HISTORY WITH RECORD JUNE PERFORMANCE
Fastest-Growing Car Company in the U.S.1 Breaks 150,000 Quarterly Sales Mark for First Time in Q2 and Achieves 22nd Consecutive Monthly Sales Record
IRVINE, Calif., July 3, 2012 - Kia Motors America's (KMA) unprecedented momentum and growth reached new heights last month with best-ever June sales of 51,326 units, a 13.9-percent increase over the same period last year, contributing to the brand's best quarter ever of 150,647 units – topping more than 150,000 units in a three month period for the first time. Kia's streak of consecutive monthly sales records extended to 22 months, and the brand's historic second quarter performance capped off the best first half in company history with year-to-date sales up 17.8 percent.
The record-setting June sales were highlighted by continued healthy demand for the brand's two U.S.-built* products – the Optima midsize sedan and Sorento CUV built at Kia Motors Manufacturing Georgia (KMMG) – with Optima surpassing the 70,000 unit mark. Consumers also continued to turn to Kia for fuel efficient vehicle choices such as the Soul urban passenger vehicle, which was honored as a segment winner in the 2012 J.D. Power and Associates Initial Quality Study (IQS) in June. In total, Kia vehicles that achieve more than 30 mpg on the highway2 accounted for 78 percent of June sales.
"Kia has been setting one sales record after another for nearly two years, and the ongoing popularity of our two U.S.-built products as well as the Soul have attracted new customers to our showrooms and dramatically raised awareness, perception and consideration for the brand in a very short period of time," said Byung Mo Ahn, group president and CEO of KMA and KMMG. "Kia offers discerning shoppers a standout combination of world-class design and quality, outstanding fuel efficiency, advanced technologies and tremendous value, and with more new products arriving in the next year, we will continue to draw new customers into our showrooms to look at Kia for the first time."
Kia's Unprecedented Growth
Kia Motors is one of the world's fastest moving global automotive brands; from 2009-2011 Kia launched more new vehicles in the U.S. than any other automaker, and under the guidance of chief design officer Peter Schreyer earned a reputation as an industry leader in automotive styling. Kia Motors America's full line of fuel-efficient and fun-to-drive cars and CUVs has earned critical acclaim and dramatically increased consumer awareness, perception and consideration for the brand. In 2011, KMA recorded its 17th consecutive year of market share growth, thanks in part to the largest increase of any major brand in perceived quality and the industry's highest brand loyalty ranking . Kia's U.S.-based manufacturing facility in West Point, Georgia – KMMG – is responsible for the creation of more than 10,000 plant and supplier jobs and builds two of the company's best-selling vehicles in the U.S. – the Sorento CUV and Optima midsize sedan*. Kia's valueand technology-laden lineup also includes the Sportage compact CUV, Soul urban passenger vehicle, Optima Hybrid, Forte compact sedan, Forte 5-door compact hatchback, Forte Koup two-door coupe, Rio and Rio 5-door sub-compacts and Sedona minivan.