Category: Sales & Total Industry Volume (TIV)

Kia’s 2017 global sales dipped significantly

Kia announced its December 2017 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 226,842 units sold. In December, sales in its home country slid 6.2% compared with the same month last year, totaling 46,502 units on weakening sales of Picanto (known as Morning in Korea) minicar. The company’s overseas sales totaled 180,340 units in December, which represents a 19.6% decline compared to the same month a year earlier due to slower sales in China. For all of 2017, Kia Motors posted global sales of 2,746,188 units, decreasing 7.8% from 2016. Sales... Read More

Honda sets all-time records for Production in Asia and China

Honda has recently announced a summary of automobile production, Japan domestic sales, and export results for the month of November 2017. Its total production for the domestic market from January till November works out to 740,742 units (down 0.2 percent from 2016), while global markets total hits 4,808,517 units (up 4.2 percent from previous year). For November alone, its total production picks up a record high of 481,869 (5 percent increase).

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