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KIA closed 2022 with global growth 13.7%

 

  • in December

  • Closed the year with 2.9 million units sold

  • Sets target to sell 3.2 million units globally in 2023

 

Kia Corporation announced that sold 236,874 vehicles globally in December 2022, a 13.7% increased from a year earlier.

The company sold 2,903,619 vehicles from January to December 2022, a 4.6% increase year-on-year.

Kia’s 2022 sales in markets outside of Korea saw a 5.4% increase from the previous year to 2,362,551 units. Sales in Korea totaled 541,068 units.

Sales by model

The Sportage topped the 2022 global sales ranking with 452,068 units, followed by the Seltos with 310,418 units and the Sorento with 222,570 units.

Kia achieved this growth last year thanks to its efficient supply chain management strategies and the successful launches of the all-new Niro and the 2024 Seltos. Plus, the all-electric EV6 demonstrated Kia’s competitiveness in the global EV market as it had a sale nearly 80,000 units.

Outlook

In 2023, Kia is targeting global sales of 3.2 million units. By region, Kia expects to sell 585,120 units in Korea and 2.61 million vehicles overseas.

Kia plans to maintain its sales momentum in 2023 by establishing solid strategies to expand businesses in various markets, successfully develop Purpose Built Vehicles (PBVs) with flexible production system, and launch customer-centric products and solutions.

The company will also look to strengthen its leadership position in the global electric vehicle market with its unique electrified mobility lineup. This year, Kia will introduce several highly anticipated models, such as the EV9 SUV in early 2023.

 

Company’s notes:

* Sales results are based on wholesale.
* Monthly sales figures provided in this release are unaudited and on a preliminary basis.
* This release contains forward-looking statements that are based on current expectations about possible future events. Our actual results may differ due to a variety of factors.

 

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