November 25, 2024

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[THE INVESTOR] 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 on May 27.

The two South 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 behind Japanese auto giant Toyota Motor and Ford Motor, 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 and Kia 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.

By Ahn Sung-mi and news wires (sahn@heraldcorp.com)