Like Hyundai, Kia was also affected by semiconductor shortages in September.
1 min readOn October 12, according to foreign media reports, due to the global semiconductor shortage and the epidemic, Hyundai Motor’s global sales in September fell to 281,200 units, down 22.3% year-on-year and 6.3% month-on-month.
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Not only Hyundai Motor, but Kia, which belongs to the Hyundai Motor Group, was also affected by the shortage of semiconductors in September, and global sales have also declined significantly.
Data from Kia’s official website shows that they sold 2,235,93 cars in September, a 14.1% year-on-year decline, which is lower than Hyundai Motor.
Although there was a sharp decline year-on-year, Kia’s sales in September increased compared with August. According to data from Kia’s official website, they sold 217,204 vehicles worldwide in August, and 223593 in September, an increase of 6,389 vehicles and an increase of 2.94% from the previous month.
Like Hyundai, Kia’s sales in South Korea and other markets around the world in September fell sharply year-on-year. In the Korean market, Kia’s sales in September were 35,801, a year-on-year decline of 30.1%; in other markets around the world, sales of 187,792 vehicles, a year-on-year decline of 10.1%.
Judging from the news announced by Kia on its official website, their sales in Korea in August dropped sharply, mainly due to the impact of extra holidays and reduced working days; the decline in global sales was mainly due to the global semiconductor shortage.