Arab Today, arab today hyundai kia log brisk sales in russia in september
Last Updated : GMT 06:58:51
Arab Today, arab today
Arab Today, arab today

Hyundai, Kia log brisk sales in Russia in September

Arab Today, arab today

Arab Today, arab today Hyundai, Kia log brisk sales in Russia in September

Seoul - Yonhap

South Korean carmakers Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. enjoyed brisk sales in Russia last month, despite a 5 percent drop in new car sales there, data showed Monday. Hyundai sold 17,171 units in Russia in September, up 13 percent from a year ago. Sales of Kia increased 9 percent on-year to 18,004 vehicles, according to the data by the Moscow-based Association of European Businesses (AEB). For the first nine months of the year, Hyundai sold 135,609 units in the Russian market, up 3 percent from a year earlier, with Kia\'s sales gaining 4 percent to 146,986 units, according to the association. Ssangyong Motor, the Korean unit of Indian sport utility vehicle maker Mahindra & Mahindra Ltd., sold 3,288 units in Russia in September, up 21 percent from a year ago. The brisk sales of South Korean cars came as new car and light commercial vehicle sales in Russia dipped by 5 percent on-year to 246,895 units, according to the association. \"Total market momentum is still lacking sufficient strength necessary to achieve a stable level, as a precondition for moderate growth in the nearer future,\" Joerg Schreiber, chairman of the AEB Automobile Manufacturers Committee, said in a statement. Meanwhile, Hyundai\'s subcompact Accent became the second best-selling car in Russia in September. Also in the cited period, Hyundai sold 10,676 units of the Accent, called the Solaris in the Russian market, up 17 percent from a year earlier, according to the association. The Accent is followed by the Pride, a subcompact built by Kia. Kia sold 8,632 units of the Pride, called the New Rio in the Russian market, in September, up 9 percent from a year ago, according to the data. Hyundai and Kia are the two flagship units of Hyundai Motor Group, the world\'s fifth-largest carmaker

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