Automotive News   |   Automotive News Europe   |   Autoweek   |   Automobilwoche

Automotive News China Newsletter
Register our free newsletter, sent each Monday and Thursday

     Automakers   Suppliers   Auto Show   Comment   Car Cutaway   Newsletters   Press Releases   Register for Newsletter
  Contact Us:   Editorial   Advertising   Subscription Information   |   About Us   Media Kit
Home >> Automaker Email this story   Print this story
Hyundai, Kia see sharp rebound in deliveries
Automotive News China | 2018/6/19

The Chinese joint ventures of South Korean carmakers Hyundai Motor Co. and Kia Motors Corp. staged a strong rebound in May sales from a year earlier when they were hit hard by a diplomatic standoff between China and South Korea. 

Beijing Hyundai -- Hyundai¡¯s joint venture with BAIC Motor Group -- delivered 60,427 Hyundai-badged vehicles in May, a jump of 72 percent year on year, according to the China Passenger Vehicle Alliance, a Shanghai consultancy. 

Dongfeng Yueda Kia, a partnership between Kia and Dongfeng Motor Group, sold 30,010 Kia-brand models, a surge of 72 percent from a year earlier.

Through May, Beijing Hyundai¡¯s sales rose 10 percent to 293,046 while Dongfeng Yueda Kia¡¯s deliveries jumped 31 percent to 300,010.

In March 2017, South Korea started installing a U.S.-made missile defense system, a move that aroused anti-Korean sentiment in China. Sales of the two joint ventures plunged after many Chinese consumers boycotted Korean products. 

Although Hyundai and Kia sales began to stabilize late in 2017 after relations between China and South Korea improved, their local ventures still suffered. 

In 2017, Beijing Hyundai¡¯s sales slumped 31 percent to some 785,000 while Dongfeng Yueda Kia¡¯s deliveries tumbled 45 percent to roughly 360,000. 

Hyundai and Kia are introducing new models, especially crossovers. In April, Hyundai launched sales of the Encino subcompact crossover while Kia began selling the redesigned Sportage compact crossover. 

Later this year, the Hyundai Lafesta compact sedan and the Kia Stonic subcompact crossover will be launched.

Related Stories
  • Kia to lease first China plant to local partners
  •     --Published:2019/18/6
  • Hyundai promotes China designer to global role in Seoul
  •     --Published:2019/26/4
  • Hyundai denies tie-up with Tencent on driverless car software
  •     --Published:2019/9/4
  • Kia weighs suspending output at No.1 plant in China
  •     --Published:2019/12/3
  • Hyundai may suspend output at China plant as slowdown bites
  •     --Published:2019/8/3
  • Hyundai may cut China factory capacity, report says
  •     --Published:2019/1/3
  • Kia venture's deliveries advance 48%
  •     --Published:2019/12/2
  • Hyundai venture posts sales surge in January
  •     --Published:2019/8/2
  • Hyundai plans voluntary buyouts as market slows
  •     --Published:2019/29/1
  • Kia launches first electric vehicle with the KX3
  •     --Published:2018/14/12
  • Kia venture starts exports to boost sales, factory output
  •     --Published:2018/23/11
  • How Hyundai Motor, once a rising star, lost its shine
  •     --Published:2018/9/11
  • Hyundai, facing spotty recovery, to ship China-made cars to Southeast Asia
  •     --Published:2018/31/8
  • Hyundai Motor replaces China head amid weak recovery
  •     --Published:2018/27/7

    Our Newsletter Editions
    Automotive News China produces two email newsletters each week. You can sort your news by the articles highlighted in each of our newsletters here.

    Select your newsletter     


    Automotive News China
    Room 1303, Building 2, Lane 99, South Hongcao Road,
    Shanghai 200233
    Telephone: 86-139-1851-5816
    Fax: 86-21-6495-0895
    Home | Help Center | About Us | Privacy Policy | RSS
    Entire contents © Crain Communications, Inc.
    Use of editorial content without permission is strictly prohibited. All Rights Reserved.