Kia Motors Posts 34.6% Increase in October Global Sales

Seoul, Nov 11, 2009 - (ACN Newswire) - Kia Motors Corporation announced today its global sales figures for passenger cars (export sales, domestic sales and sales from overseas plants), recreational vehicles (RVs), and commercial vehicles for October 2009, recording a total of 148,583 units sold. This figure represents a year-on-year increase of 34.6%.

By region, Kia posted year-on-year sales increases in China (24,896 units sold, a 119.3% year-on-year increase), North America (26,093 units sold, a 41.7% year-on-year increase), general markets (29,621 units sold, a 31.7% year-on-year increase), Europe (31,956 units, a 30.1% year-on-year increase) and Korea (39,017 units, a 7.2% year-on-year increase).

Cumulatively, through the first ten months of 2009, Kia's global sales increased by 13.9% year-on-year and reached 1,336,378 units. The Chinese market experienced the highest gain with 191,765 units sold to date, representing a 54.8% increase. Korea, general markets, and North America showed cumulative year-on-year sales increases of 24.6% (327,542 units sold), 12.6% (243,530 units sold) and 8.8% (301,069 units sold), respectively.

To date in 2009, Kia's best selling model in overseas markets has been the C-segment Cerato (known as 'Spectra' or 'Forte' in some markets) with 237,402 units sold. Kia's B-segment Rio and Sportage compact SUV compete closely for second with 141,929 and 141,564 units sold, respectively. The C-segment cee'd comes in fourth with 102,963 units sold, and the Picanto rounds up the top five with 84,761 units sold.

In terms of vehicle category sold overseas, Kia's passenger and recreational vehicles achieved year-on-year increases in October of 53.2% (73,037 units) and 40.9% (36,621 units), respectively.

Hyoung-Keun Lee, President of Kia Motors Corporation, said, "We are thrilled to see that October proved to be another successful month for Kia. We will continue to build on this momentum by providing customers with vehicles for the young-at-heart, which are both stylish and fuel efficient."

* Includes figures from Western and Eastern European markets ** General markets includes the regions of Central and South America, the Caribbean, Asia (excluding China), the Pacific, Middle East and Africa

Kia Motors corporate video footage available at Kia's Multimedia Centre www.kiamotors.com. Download free broadcast-standard or streaming-quality video (for Web use) and print-quality stills. Delivery options include digital FTP transfer and streaming download in a variety of file types including Flash, MPEG-2, QuickTime and Windows Media. Registration and content is free to the media.

About KIA Motors

Kia Motors Corporation, a maker of quality vehicles for the young-at-heart, was founded in 1944 and is Korea's oldest manufacturer of motor vehicles. As part of the Hyundai-Kia Automotive Group, Kia aims to become one of the world's premier automotive brands. Nearly 1.5 million vehicles a year are produced in 13 manufacturing and assembly operations in eight countries which are then sold and serviced through a network of distributors and dealers covering 172 countries. Kia today has over 40,000 employees worldwide and annual revenues of over US$14.5 billion. It is the major sponsor of the Australian Open and an official automotive partner of FIFA -- the governing body of the FIFA World Cup -- as well as a EUROTOP partner of UEFA. Kia Motors Corporation's brand slogan -- "The Power to Surprise" -- represents the company's global commitment to surpassing customer expectations through continuous automotive innovation. For more information, please visit www.kiamotors.com.

Source: KIA Motors

Contact:

Michael Choo 
+82-2-3464-5663
mjc@kia.co.kr

Copyright 2009 ACN Newswire. All rights reserved.

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