4Monthly European sales: Hyundai slows, while Kia posts a slight increase
According to ACEA figures, 4Hyundai and Kia’s combined sales in the month were 1.3% lower year on year, at 88,586 units. 1–4Cumulative sales from 348,582 totaled 2.4 units, down by %, while the sharp growth of Chinese brands continues.
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27The European Automobile Manufacturers’ Association (ACEA) announced 4sales figures for the European market. According to ACEA, in 4 Hyundai and Kia sold a combined total 1.3% lower year on year, or 88,586 units. The figures combine monthly sales based on vehicle registrations in each country.
The total size of the European car market in the same month was 1,152,315 units. This represented an increase of 7.0% from the same period a year earlier. ACEA’s monthly figures show month-to-month changes across the market as a whole.
4As of the month, the two companies’ combined market share was 7.7%, down 0.6 percentage points from a year earlier. Combined market share is the market share of the two brands taken together. Market share is the proportion of sales compared with the entire market.
1–4On a cumulative basis through the month, sales by Hyundai Motor and Kia totaled 348,582 units. Sales during this period were 2.4% lower than in the same period a year earlier. The cumulative total covers sales from the start of the year through 4.
Results differed by brand. Hyundai Motor sold 160,308 units, down 7.8%. This figure represents Hyundai Motor’s cumulative sales alone.
Kia sold 188,274 units, up 2.8%. The increase in Kia’s cumulative sales reflects expanded sales in some markets. Brand-level totals combine each brand’s sales across countries.
1–4The combined market share for the period was 7.5%, down 0.5 percentage points from a year earlier. During the same period, Chinese brands such as BYD and Chery continued to post triple-digit surges. ACEA’s figures reflect the rapid growth of Chinese brands.
Hyundai Motor’s market share was 3.4%, while Kia’s was 4.0%. Each brand’s market share compares its sales during the period with the total market. ACEA statistics provide both monthly and cumulative indicators.