In January, when almost other major automakers reported dropping sales, Hyundai Motor Co. and Kia Corp., the two automaking divisions of the Hyundai Motor Group, saw their combined auto sales in the US reach their greatest level ever.
In the US last month, the two South Korean automakers sold a combined 93,998 vehicles, an increase of 3.1% from the same time last year. Their best-ever January US sales were achieved as a result.
Hyundai sold 51,510 cars in January, an 11.5 percent rise over the same period last year, including sales of its stand-alone premium brand Genesis. However, Kia’s sales decreased by 5.5 percent to 42,488 vehicles.
Sales for Hyundai Motor in the US increased 10% to 47,872 units, with the Genesis brand seeing a 290% increase in sales to 3,638 vehicles.
Honda Motor Co.’s sales decreased 19.8 percent, while Toyota Motor Corp.’s were down 5.1 percent year over year. Mazda Motor Corp.’s sales suffered a 16.5 percent decline, while Subaru Corp.’s US sales fell by 4.8%.
Hyundai and Kia outsold their Japanese rival, which sold 73,949 vehicles in January, for the first time in 35 years. Hyundai and Kia topped Honda Motor of Japan last year in the US.
Sport utility vehicles including the Santa Fe, Palisade, Telluride, Sorento, and Sportage from Kia, as well as the popular mid-size SUV Tucson from Hyundai, were the main drivers of the Korean automotive group’s US sales.
SUV sales in the US accounted for 70.7% of all Hyundai Motor Group sales in January, up from 65.8% in the same month last year. SUVs are more profitable than sedans.
Even as we continue to deal with the global pandemic and the semiconductor shortage, high levels of consumer interest throughout our product lineup led to record-breaking January sales, according to a statement from Randy Parker, senior vice president in charge of national sales at Hyundai Motor America.
Industry officials claim that Hyundai and Kia handled the ongoing global chip scarcity crisis reasonably effectively, which helped their retail sales.
The world’s largest automotive chip shortfall, which plagued automakers throughout last year, is expected to progressively lessen starting in the second quarter, according to Hyundai, Korea’s largest manufacturer.
J.D. Power and other market analysts estimate that the unsteady supply of auto parts contributed to a drop in new car sales in the US market of between 9 and 16 percent overall in January.
More than three times as many eco-friendly cars were sold by the two companies last month (10,791). A fifth of the total, or 2,103 vehicles, were electric cars.
The IONIQ 5, the newest electric vehicle from Hyundai, which went on sale in the US at the end of last year, sold 989 units in January.
According to Eric Watson, vice president in charge of sales operations at Kia America, “after outpacing the industry and our own best-ever annual sales performance in 2021, Kia’s shift toward electrified vehicle sales is off to a strong start with record-breaking January sales for the brand’s electric, hybrid, and plug-in hybrid models.”
With a Super Bowl advertisement, Kia intends to introduce its newest all-electric EV6 to the US market in the upcoming weeks.
In This Article...
Which is preferable, a Hyundai or a Kia?
Which automobile is superior?
the Hyundai or the Kia? Overall, both companies provide a wide range of reasonably priced cars, but their lineups have been designed to appeal to distinct types of drivers. The goal of Hyundai is to offer the best value for motorists seeking a comfortable ride and traditional appearance.
Are Hyundai and Kia produced by the same entity?
Some people consider Hyundai and Kia to be simply rebadged versions of the same cars. The two brands do have a close relationship, despite the fact that this is not the case. Hyundai acquired Kia in 1998 and now has a 51 percent share in the business. The two corporations are now regarded as sisters because that share has decreased to around a third.
Hyundai and Kia frequently use one another’s vehicle platforms as a result of their tight cooperation. Do the cars from both brands have the same engines?
What distinguishes Hyundai and Kia from one another?
Although Kia and the Hyundai Motor Group are separate companies, Kia Motors is a subsidiary of Hyundai. The distinction between Kia and Hyundai is that each brand has its own brand philosophies to build its vehicles in a distinctive manner. They are connected but distinct, as you can see! Just picture a Kia against.
How does Hyundai fare in terms of sales?
After Toyota and Volkswagen, the Hyundai Motor Group is currently the biggest automaker in South Korea and rose to third place globally in 2019. Although Hyundai has a rather convoluted past, the dependability of its models is one aspect that has never been questioned.
As a brand, Hyundai was usually associated with less expensive vehicles. To change this perception, however, Hyundai has recently put a lot of effort and money into producing high-quality but still very reasonably priced automobiles. Hyundai is now a car manufacturer with a strong emphasis on affordability.
For instance, Hyundai offers various luxuries, like as heated seats or leather interiors, that are typically only seen on high-end luxury cars, but at a far more reasonable price. Hyundai cars are currently near the top of every vehicle category, but they are thousands of dollars less expensive than the cars in front of them. It ultimately comes down to value for money.
Is Kia more expensive than Hyundai?
Hyundai and Kia have extremely distinct unique design philosophies. This reflects the people they want to reach. Hyundai offers a selection of vehicles that are more suited to families, while Kia normally pitches its vehicles to youthful consumers.
The demographic that each auto manufacturer focuses on determines the variances in design and functioning between their automobiles. While Kias are more reasonably priced and made for younger car owners, Hyundais are slightly more expensive but give elderly drivers more luxury and quality.
Kia revamped their look in 2006 by hiring Peter Schreyer, a former Audi TT designer. The distinctive Kia “face,” sometimes known as the “tiger nose,” that is seen on our roadways today was first presented by Schreyer. Its distinctive corporate grille, now a recognizable Kia trademark, is responsible for its “expression.”
Sensuous sportiness, a principle to “maximise emotional values in accord with a rigorous sense of proportion, structure, styling, and technology,” is Hyundai’s current design aesthetic.
Which automaker has the best reputation?
shares of the news story
In our yearly rankings of the most trustworthy auto brands, Lexus, Mazda, and Toyota once again top the list, with just a little shuffle seeing Toyota fall to third and Lexus take the top spot. Infiniti, which had a considerable increase in reliability this year, and Buick, which rose one rank to number five this year, complete out the top five this year.
On a scale of 0 to 100, our estimated reliability score is generated, with the average rating lying between 41 and 60 points. We need to have enough survey data for two or more models in order to rate a brand.
With an overall dependability score of 62 for the region, Asian automakers continue to dominate reliability by a significant margin. The second-placed European nameplates are at 44, but they are 18 points behind. Although domestic brands rank last overall with a score of 42, there were some outstanding models from American automakers.
who offers a superior warranty Hyundai or Kia?
By no means is Kia only a low-cost automaker, but it has quickly established itself as one of the top names with a strong assortment of low-cost cars. Because of its selection of dependable, reasonably priced vehicles and a warranty program that competes with many other more expensive automakers as well as its sister brand, Hyundai, it earns the top spot on our list for value.
Both the 10-year or 100,000-mile powertrain warranty and the five-year or 60,000-mile bumper-to-bumper warranty are longer than those offered by the majority of Hyundai’s rivals. With the corrosion warranty and roadside support package, Kia narrowly misses out on surpassing its sister brand.
Kia has a maximum of 100,000 and 60,000 miles, however Hyundai allows unlimited miles on both. Nevertheless, these cover almost twice as much as the warranties offered by most other automakers.
Is Kia up to par with Toyota?
According to a J.D. Power research from 2019, Kia has the highest initial quality in the non-premium segment in the United States. The 2016 Kia Soul, 2016 Toyota Corolla, Prius, and Prius V were all rated as being among the most dependable vehicles on the road by J.D. Power.
Is Hyundai an improved Toyota?
Cost-to-Own Toyota Hyundai cars offer a better bargain if you’re looking for the highest quality at the most affordable price. In fact, the Kelley Blue Book 5-Year Cost to Own Awards crowned Hyundai the overall brand winner in 2016.
Which Kia vehicle is the best?
Top mileage vehicles
- Kia Sonet. Price Range: 7.15 – 13.79 Lakh | 24 Kmpl Ex-Showroom. 1.2 Kia Sonet HTE.
- Kia Carens, 2. 9.59 to 17.70 lakh | 21 kilometers per liter. Price is ex-showroom. 1.5% Petrol Kia Carens Premium 7 STR
- Kia Seltos, third. Ex-Showroom Price: 10.19 – 18.45 Lakh | 21 kilometers per liter.
- Kia Carnival. Ex-Showroom Price: 29.99 – 34.98 Lakh | 14 kilometers per liter.
Kia, a luxury manufacturer?
Kia is not known for its luxurious vehicles. The South Korean automaker still has a fairly affordable lineup despite a recent redesign. Unless you upgrade to the fully loaded SX trim, the Kia Telluride is not an exception.
The Tellurides’ $33,200 price tag falls in line with that of its non-luxury midsize SUV competitors. However, upgrading to the SX variant will cost you between $42,500 and $55,000, which is within the range of many premium cars’ starting prices.
So what do you need to do? Do you want to upgrade your Kia Telluride or get the Buick Enclave or Volvo XC90 base model? Although nobody can decide for you, there are certain important aspects that could influence your choice.
How is the resale value of Kias?
We’ll venture the bold assumption that you’ll want to sell your car for as much money as you can. You want to recover as much of the cost of the investment as you can because it was expensive. All cars lose value over time, but some do it more quickly than others.
IntelliChoice calculated the average retained values for a brand’s full model portfolio over a five-year period to find out. These estimates allow us to identify which manufacturers’ vehicles have better depreciation resistance. Let’s talk about the automobile brands that lose value more quickly now that we’ve determined which ones do so the best.
Mini: 50.4 Percent Retained Value
A fairly, well, small percentage of drivers are drawn to Mini automobiles because of its size, which lives up to its name. Models with charming aesthetics and nimble handling, like the retro Cooper, sporty Countryman crossover, or funky Clubman wagon, attract drivers with an eye for fashion and a sense of adventure but, more crucially, who can manage their diminutive dimensions. However, doubts about future worth may put buyers’ first enchantment to rest. The Countryman and Clubman receive a Poor five-year cost of ownership rating from IntelliChoice. Furthermore, we weren’t too impressed by the brand’s recent attempts at electrification. As joyful as Mini’s cars are to look at and drive, the brand’s market position is indicated by its value retention rate of 50.4%.
Mazda: 49.3 Percent Retained Value
Mazda doesn’t compare to other Japanese brands in terms of name recognition, lineup diversity, or value despite producing some of the best-looking and best-driving mainstream cars on the market. Even though the Mazda3 and Miata have sizable fan groups, those and other models may place a greater emphasis on driving characteristics than general utility. The Mazda6 lagged behind rival sedans until it was recently discontinued, while the CX-30 and CX-9 are less adaptable than rival crossovers. Although we usually love driving a Mazda, its value retention rate of 49.3 percent isn’t as high as that of its primary rivals. Possibly the brand’s next, higher-end vehicles will hold their value longer.
Kia: 47.7 Percent Retained Value
Kia has put a lot of effort into keeping up with its rivals in terms of quality, dynamics, and design. Want proof? The Sorento is back and even better than before, the Telluride won our competition for SUV of the Year, and the Optima’s makeover into the K5 gave this sedan new life. However, despite their appeal in other areas, Kia’s automobiles behind with an average value retention rate of 47.7% during a five-year period. Despite its extensive standard warranty and genuinely enticing options, that is the case. Even while we enjoy driving the Telluride and the sporty Stinger, Kia still needs to improve as evidenced by their respective Mediocre and Poor IntelliChoice scores.
Hyundai: 47.1 Percent Retained Value
Hyundai strives to match the reputation for quality and durability of Toyota and Honda, much like its corporate rival Kia. The long-term value proposition of Hyundai doesn’t appear to have been significantly impacted by a lengthy warranty or a group of very regarded experts. Models like the Sonata, Palisade, and Tucson serve as indicators of how far the brand’s products have come. However, Hyundai’s 47.1 retained value % suggests that it needs to do more to earn the trust of customers who value their money.
Volkswagen: 46.9 Percent Retained Value
Volkswagen’s image for quality suffered as a result of the Dieselgate incident, even though the company didn’t have a very strong one to begin with. Volkswagen lacks American and Asian rivals in mass-market appeal, even with more recent models like the Tiguan or Atlas, which only manage Average or Mediocre IntelliChoice value scores depending on trim. A shorter warranty is detrimental to its cause. Volkswagen is planning a number of electric vehicles, which might assist the company’s current 46.9% value retention percentage.
Nissan: 45.6 Percent Retained Value
Nissan has struggled to gain momentum and maintain its competitive position after a high-level organizational restructuring. It is currently working on refreshing its stale lineup. We were impressed by some of those efforts, like the Rogue and Sentra. Others, such as the legendary Z sports vehicle or the Pathfinder, stop at simply spiffing up antiquated platforms and engines. Despite the merits of Nissan’s engineering advancements, only a small percentage of its vehicles receive Good IntelliChoice value scores; the majority are ranked at Average, Mediocre, or Poor in terms of ownership costs. Nissan has a dismal 45.6 percent average value retention over a five-year period.
Buick: 42.3 Percent Retained Value
What does Buick mean today? Buick doesn’t seem to be confident in itself. Due to the brand’s current inventory consisting solely of SUVs, its tradition of opulent vintage sedans has come to an end. All of those models aren’t particularly terrible, but they don’t do much to change the outdated perception of Buick. Additionally, Buick’s uncertain positioning does not help. Does it aim for real luxury to compete with the best in the field, or does it aim for a premium experience at entry-level pricing? We believe Buick requires revival and a more focused course. If and when it occurs, it might improve the lineup’s average value retention, which is 42.3 percent.
Mitsubishi: 41.3 Percent Retained Value
Many of the Mitsubishi vehicles we’ve evaluated are affordable, but not just financially. We’ve encountered subpar engineering and craftsmanship in Mitsubishi cars, which leads to dull driving experiences. The Mirage and Eclipse Cross are among the least expensive options in their respective sectors, which is obvious from their flimsy construction and crude driving characteristics. The previous Outlander’s available electric driving range deserves praise, but the revised three-row SUV falls short of expectations. Mitsubishi’s value retention rate of 41.3% is significantly lower than that of other brands. Every other Mitsubishi has a Mediocre or Poor IntelliChoice ownership rating, leaving just the outdated Outlander Hybrid.
Chrysler: 40.2 Percent Retained Value
Any carmaker would find it challenging to maintain a two-model lineup, especially if those options are designed to compete in some of the least-wanted segments of the market. But Chrysler is going in that direction. Despite having advantages of its own, the 300 sedan and Pacifica minivan just do not appeal to the tastes of contemporary drivers. Only a layer of gradual improvements can hide the 300’s deterioration. Considering that it is a minivan, the Pacifica (and its fleet-only Voyager counterpart) is actually rather decent. Although Chrysler’s future is uncertain, introducing models that are contemporary in design could increase the lineup’s average value retention rate of 40.2%.
Fiat: 39.5 Percent Retained Value
Fiat’s tiny, quirky cars briefly appeared ready to inject some Italian panache into the compact car market. But that period has passed, and it is now clear that Fiats are less attractive than they once were. The 500X subcompact crossover is the only vehicle currently offered by the brand. Its cute design and standard AWD can’t make up for its sloppy driving manners and shoddy construction. Fiat’s abysmal 39.5 percent retention rate is the weakest among major brands because the 500X symbolizes the complete lineup.