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Kia Reports February Global Sales

The Koreans are doing quite well, as Kia has just reported its global sales figures for passenger cars recreational vehicles and commercial vehicles for February 2010. The automaker managed to sell a total of 143,267 units, including export sales, domestic sales and sales from overseas plants. This represents a year-on-year increase of 39.5%.

Kia’s sales went up all across the world: 128.6% in China (25,435 units sold), 52.7% in general markets (32,578 units sold), 34.4% in Europe (24,992 units sold), 21.6% in Korea (33,209 units sold) and 11.4% in North America (27,053 units sold). General markets includes the regions of Central and South America, the Caribbean, Asia (excluding China), the Pacific, Middle East and Africa.

In the first two months of 2010 Kia’s year-on-year sales increased by 50.6% reaching 293,659 units. The highest sales gain was experienced on the Chinese market, which went up 180.9% based on sales of 61,339 units to date in 2010.

The remaining regions have all showed cumulative impressive year-on-year sales increases: 42.8% in Europe (50,208 units sold), 36.2% in Korea (67,216 units sold) 7.0% in North America (51,591 units sold) and 56.7% in general markets (63,305 units sold).

Hyoung-Keun Lee, President of Kia Motors Corporation, said "We are extremely pleased to have posted double-digit growth in all major sales regions around the world in February. Sales of Kia vehicles in China continue to expand at a remarkable pace, while overseas sales of the all-new Sorento - the first model to produced at our newest production facility in the USA - have exceeded our expectations so far this year. Meanwhile, our outlook for Europe remains strong as sales of our locally produced Venga B-segment MPV are now starting in earnest through the region."


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