About Me

Kia Announces Global Sales Record for 2024 and Shares 2025 Targets


-       Kia’s global sales in 2024 reached 3.1 million units, setting annual global record for the second year in a row

-       Outside of Korea, Kia sold 2,543,361 units, up 1% Y/y

-       In Korea, Kia sold 540,010 units, down 4.2% Y/y

-       Kia targets sales of 3.22 million units globally in 2025

-       Kia aims to solidify EV leadership and maintain sales momentum through the expansion of EV lineup and successful launch of PBV business 

seoul. Kia Corporation announced today global sales of 3,089,457 vehicles in 2024, posting a new annual global sales record. This represents a 0.1 percent increase compared with the same period last year.

Excluding special purpose vehicles, Kia’s 2024 sales in markets outside of Korea saw a one percent rise over the previous year, to 2,543,361 units. Sales in Korea totaled 540,010 units, a 4.2 percent decrease.

For December 2024, Kia’s global monthly sales increased 11.8 percent compared with the same period in 2023, to 240,537 vehicles.

Kia’s previous best yearly performance was recorded in 2023, with sales totaling 3,087,384 units. This included 2,518,016 units sold outside of Korea, and 563,660 vehicles in Korea.

The Sportage SUV topped the 2024 global sales rankings by model, selling 587,717 units, followed by the Seltos SUV (312,246 units), and the Sorento SUV (280,705 units).

The company’s best-ever annual sales was supported by the launch of competitive new models such as the Kia EV3, — as well as the new K4 sedan, and hybrid model of the Carnival MPV — along with stabilized industrial conditions and flexible business operations that increased vehicle production and supply.

In 2025, Kia is targeting global sales of 3,216,200 units. By region, the brand expects to sell 550,000 units in Korea and 2,658,000 vehicles overseas. Kia also expects to sell 8,200 special purpose vehicles.

 

Kia plans to solidify its EV leadership and maintain its sales momentum by expanding its EV lineup, successfully launching strategic models, and fostering the growth of its PBV business. 

 

2024 Sales Results

 

Region

Dec. ’24

Dec. ’23

Y/y Change

Nov. ’24

M/m Change

2024

2023

Y/y
Change

Korea

46,070

44,803

2.8%

48,015

-4.1%

540,010

563,660

-4.2%

Outside of

Korea

193,887

169,758

14.2%

215,595

-10.1%

2,543,361

2,518,016

1.0%

SPV
Sales

580

595

-2.5%

576

0.7%

6,086

5,708

6.6%

Global

240,537

215,156

11.8%

264,186

-9.0%

3,089,457

3,087,384

0.1%

 

2025 Sales Targets

 

Region

2025 Targets

2024 Results

Korea

550,000

540,010

Outside of Korea

2,658,000

2,543,361

Special Purpose Vehicles

8,200

6,086

Global

3,216,200

3,089,457

 

Post a Comment

0 Comments