Kia Motors Corporation announced a 10 million vehicles have been exported to many countries since 1975. South Korean car manufacturer is growing significantly. In recent years Kia has launched model Picanto, Rio, Sorento, Sportage, and Optima.
The increase in sales was seen from the export figures of 5 million achieved in 2005, and only a few years doubled to 10 million units. "The figure of 5 million we must first go through 30 years, and 5 million just six years later," said Kia Motors Corporate Executive Coconut Hyoung-Keun Lee, in a written statement, Tuesday, April 5, 2011.
He said the goal Kia exports increased from 10 countries in 1980 to 156 countries this year. Kia's biggest global market in North America amounted to 4.27 million units, Europe 2.45 million, 880 thousand units in Asia & the Pacific market.
Based on the model, in segment A, Picanto, is the most popular export models, with total exports of 764,453 units. Then followed by segment B, Rio and Sorento, with each of the 747,554 units and 656,446 units. "Shipments Kia dominated small vehicles," said Lee.
However, Kia's recently introduced large models that are targeted to foreign markets, like the Sportage, Sorento, and the sedan Cadenza. This trend has changed the Kia Motors for not concentrated on the export of small vehicles. This can be seen from the significant increase in the average price of Kia models to be exported, from U.S. $ 1,400 in 1975 to U.S. $ 12,000 in 2010.
Kia's export revenue has increased from U.S. $ 100 million in 1987 to U.S. $ 500 million in 2003, U.S. $ 1miliar in 2005, and U.S. $ 11.2 billion in 2010. Increased exports makes the first time Kia's global sales exceeded 2 million units in 2010.
The increase in sales was seen from the export figures of 5 million achieved in 2005, and only a few years doubled to 10 million units. "The figure of 5 million we must first go through 30 years, and 5 million just six years later," said Kia Motors Corporate Executive Coconut Hyoung-Keun Lee, in a written statement, Tuesday, April 5, 2011.
He said the goal Kia exports increased from 10 countries in 1980 to 156 countries this year. Kia's biggest global market in North America amounted to 4.27 million units, Europe 2.45 million, 880 thousand units in Asia & the Pacific market.
Based on the model, in segment A, Picanto, is the most popular export models, with total exports of 764,453 units. Then followed by segment B, Rio and Sorento, with each of the 747,554 units and 656,446 units. "Shipments Kia dominated small vehicles," said Lee.
However, Kia's recently introduced large models that are targeted to foreign markets, like the Sportage, Sorento, and the sedan Cadenza. This trend has changed the Kia Motors for not concentrated on the export of small vehicles. This can be seen from the significant increase in the average price of Kia models to be exported, from U.S. $ 1,400 in 1975 to U.S. $ 12,000 in 2010.
Kia's export revenue has increased from U.S. $ 100 million in 1987 to U.S. $ 500 million in 2003, U.S. $ 1miliar in 2005, and U.S. $ 11.2 billion in 2010. Increased exports makes the first time Kia's global sales exceeded 2 million units in 2010.
Hyundai and Kia have experienced phenomenal growth over the past few years, even as the rest of the auto industry was embroiled in an ugly downturn. In fact, 2011 was a terrific year for the Korean automaker, as sales jumped by double digits globally. But while Hyundai/Kia has been on fire of late, Reuters reports that company officials feel that 2012 isn't likely to return the same gains.
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