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Hyundai, Kia's US sales drop on base effect, hybrid cars hit record high | Collector
Hyundai, Kia's US sales drop on base effect, hybrid cars hit record high
The Korea Times

Hyundai, Kia's US sales drop on base effect, hybrid cars hit record high

Sales of Hyundai Motor and Kia vehicles in the United States fell slightly from a year earlier, while numbers for hybrid vehicles rose to a new monthly high, the automaker said Monday. The Korean automakers sold a combined 159,216 vehicles in the key American market in April, down 2.1 percent on-year, according to the companies. Hyundai Motor sold 86,513 units, down 1.5 percent from the previous year. Its luxury vehicle brand Genesis sold 6,356 units, up 0.8 percent on-year. Kia's sales declined by 2.8 percent from the previous year to 72,703 units. The overall sales decline was due to a base effect from a sales surge last year, as customers rushed to purchase cars ahead of the imposition of Washington's auto tariffs, according to the company. Sales of eco-friendly cars, including electric vehicles (EVs), however, rose 47.6 percent on-year to 48,425 units. Demand for hybrid cars also grew by the sharpest 57.8 percent on-year, affected by the U.S. government's decision to terminate EV tax credits. EV sales rose slightly by 7.7 percent to 7,186 units, according to the carmakers.

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