The Korea Herald


Combined sales of Hyundai, Kia in U.S. hit record high

By Korea Herald

Published : Jan. 6, 2015 - 21:00

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LOS ANGELES (Yonhap) ― Hyundai Motor Group, the world’s fifth-largest automaker, said Monday that its U.S. sales reached an all-time high in 2014 despite lingering worries over slowing global economic recovery and intensifying competition from Japanese rivals supported by the weak yen.

Hyundai Motor America and Kia Motors America, the distribution and marketing arms of the group’s flagship companies, said that they sold 725,718 cars and 580,234 vehicles last year, up 0.7 percent and 8.4 percent from a year earlier.

Their combined sales came to 1,305,952 units last year, exceeding the previous record set by the two leading Korean carmakers in 2012 when their sales totaled 1,260,606.

This also marked the fourth straight year that the sales figures topped 1 million.

Hyundai Motor’s sales in the U.S. were driven in part by the Santa Fe and Tucson sport utility vehicles whose sales jumped 21.5 percent and 13 percent to 107,906 and 47,306, respectively.