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Hyundai, Kia jump ahead in the U.S. hybrid market

By Sarah ChenKorea
1 min read
hyundai hybrid
hyundai hybrid
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Sales of hybrid vehicles made by Hyundai Motor and its affiliate Kia Motors in the United States rose 7 percent in the first four months of this year from a year earlier, industry data showed Sunday.

The two Korean carmakers sold a combined 15,930 hybrid models in the January-April period, including 7,927 units of Kia’s Niro crossover and 4,836 units of Hyundai’s Ioniq, according to numbers released by hybridcars.com, a U.S. website.

The robust sales of Hyundai Motor and Kia Motors came as total sales of hybrid vehicles in the U.S. fell 11.6 percent on-year to 100,456 units.

Hyundai and Kia trailed Japanese auto giant Toyota and Ford in hybrid sales, which took the first and second places in terms of sales with 56,791 units and 19,583 units, respectively.

The brisk sales of Hyundai Motor and Kia Motors boosted their combined market share in hybrid vehicles to 15.9 percent in the January-April period, compared with 7.5 percent for the whole of 2011.

Questions & Answers

Q.

What was the combined sales total for Hyundai and Kia hybrid vehicles in the US during the first four months of this year?

A.

Hyundai and Kia sold a combined 15,930 hybrid models in the United States from January to April this year. This included 7,927 units of Kia’s Niro crossover and 4,836 units of Hyundai’s Ioniq, contributing to their overall sales.

Q.

How did the combined market share of Hyundai and Kia in the US hybrid market change from 2011 to the first four months of this year?

A.

Their combined market share in hybrid vehicles rose to 15.9 percent in the January-April period this year. This is a significant increase compared to their 7.5 percent market share for the whole of 2011, showing considerable growth.

Q.

How did the overall US hybrid vehicle market perform in the first four months of this year, compared to the same period last year?

A.

Total sales of hybrid vehicles in the US fell by 11.6 percent year-on-year, reaching 100,456 units. This decline in the overall market contrasts with the sales growth experienced by Hyundai and Kia.

Q.

Which companies were the top two sellers in the US hybrid market during the first four months of this year?

A.

Toyota held the top position with 56,791 units sold, and Ford was second with 19,583 units. Hyundai and Kia trailed these two Japanese and American automotive giants in terms of overall hybrid sales volumes.

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