Hyundai rises, Kia slips, Genesis plummets in September

Posted on

Hyundai-Kia's combined sales in the United States reached 108,862 units in September, a decrease of 0.6 percent over the same period last year.

The Hyundai brand, supported by the Kona and Tucson crossovers, along with the Elantra sedan, saw a 3 percent increase in September. Genesis, that the deliveries of 2018 models ended in March, fell by 75 percent last month compared to the previous year. The dealers of the luxury brand are now waiting for the sporty G70 sedan, a model that the brand hopes will extend its reach to women and technologically savvy buyers.

Kia recorded a 1.8 percent decline in September after selling 51,503 units.

brands: Hyundai 3% higher; Genesis reduced by 75.9%; Kia drops 1.8%

Remarkable name tags: Tucson increased by 5.2%; Elantra increased by 38%; Santa Fe drops by 11%; Sorento increased by 6.7%; Niro 13% higher; Optima increases by 9.9%

Incentives: $ 2,984 per vehicle for Hyundai, up 5% from a year earlier, according to ALG. Kia rose 2.3% to $ 3,973.

Average transaction price: Hyundai reached $ 22,239, a decrease of 2.7% from a year earlier, according to ALG. Kia increased 3.4% to $ 22,450.

Quote: "Supported by strong performance from Tucson, Kona, Elantra and Veloster, we were able to slightly increase sales in a month in which we expected total industry to decline," said John Angevine, director of national sales for Hyundai Motor America, in a statement . "The new models that we have introduced so far this year – Kona, Santa Fe, Veloster and a refreshed Elantra and Tucson – touch on the good picture of what consumers are looking for."

  Hyundai-Kia group combines for slim gain as Genesis bleeding continues

Did you know? Hyundai & # 39; s crossover retail sales in September represented 49 percent of the brand's total volume.