Kia Motors Posts 26.5% Global Sales Growth in 2010
Kia Motors Corporation announced its global sales figures for passenger cars (export sales, domestic sales and sales from overseas plants), recreational vehicles (RVs) and commercial vehicles for 2010 reached an all-time high of 2,089,355 units sold, cementing Kia's position as one of the world's fasting growing automakers. This figure represents an annual year-on-year increase of 26.5% and marks the first time in the company's history that it has eclipsed the 2 million unit sales mark. By region, Kia posted year-on-year sales increases in general markets (447,994 units sold, a 47.1% year-on-year increase), China (354,944 units sold, a 38.3% year-on-year increase), North America (410,150 units, a 18.5% year-on-year increase), Europe (391,755 units, a 18.1% year-on-year increase) and Korea (484,512 units, a 17.4% year-on-year increase).