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February 8, 2011

CHINA: Koreans continue to grow sales

Kia posted record-high monthly sales in China last month, backed by strong demand for the Sorento SUV.

KIA posted record-high monthly sales in China last month, backed by strong demand for the Sorento SUV.

The company sold 38,858 vehicles in the country in January, up 22.7% from a month earlier and an increase of 13.7% over the month last year.

Sister company Hyundai sold 72,319 units in China last month, up 15.1% compared to January 2010.

The Hyundai Motor Group, consisting of Hyundai , KIA and other affiliates, including parts maker Hyundai Mobis , has become the second-largest car seller in China with a 9% market share, trailing only Volkswagen.

The two Korean carmakers sold a combined total of 1.1m vehicles in China last year.

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