In the fourth quarter of 2021 compared to the fourth quarter of 2020, Hyundai-U.S. Kia’s vehicle sales decreased by 10%. With about 150,800 units sold in Q4 2021, the Hyundai brand accounts for little under half of sales in the Hyundai-Kia family.
Both Hyundai and Kia are South Korean manufacturers of automobiles. When Kia Motors Corporation filed for bankruptcy, the Hyundai Motor Company was established and a portion of it was incorporated. In recent years, customer satisfaction with the Hyundai brand in the US has remained largely consistent. Additionally, the greatest market for Kia is the United States, where 677,500 Kia vehicles were sold in 2021.
But lately, Hyundai’s market share has been shrinking. In recent years, the company’s market share in the United States has decreased by more than 1%. Hyundai-Kia continues to be among the top 10 car producers in the US despite the drop.
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Data on Hyundai-Monthly Kia’s Sales
The table that follows displays Hyundai-Kia sales for the American automobile market, however this time the data is broken down by month. This is done per unit. New car sales for Hyundai-Kia in the US are shown below.
Due to their skillful handling of the issue of the global chip shortage, the duo got off to a fantastic start this year.
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 collectively sold 93,998 vehicles, a 3.1% increase from the same time last year. Their best-ever January US sales were achieved as a result.
Hyundai sold 51,510 units in January, an increase of 11.5% over the same period last year, including sales of its premium stand-alone brand Genesis. However, Kia’s sales decreased 5.5% to 42,488 vehicles.
Sales of Hyundai Motor in the US increased by 10% to 47,872 units, with 3,638 more vehicles sold under the Genesis brand.
Honda Motor Co. saw sales decrease 19.8%, while Toyota Motor Corp. saw a 5.1% year-over-year decline in US auto sales in January. Mazda Motor Corp.’s sales in the US dropped by 16.5%, while Subaru Corp.’s 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% 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.
Honda is surpassed by Korean automakers in the US.
For the first time ever, the Korean automakers Hyundai and Kia have outsold Honda in the United States.
Hyundai and Kia collectively sold more cars, trucks, and minivans in the United States than Honda did in 2021, marking the first time the Korean automakers have triumphed. Honda only sold a little over 1.3 million cars, while Hyundai and Kia both sold over 1.4 million.
Hyundai and Kia share the same parent corporation, Hyundai Motor Group, as well as a lot of engineering, hence they are frequently included when comparing sales even though they run as separate brands in the United States. In 2021, both brands experienced record sales, with Hyundai expanding its market share by approximately one percentage point and Kia selling more than 700,000 automobiles for the first time.
The 2021 auto sales were not without other surprises. By selling nearly 114,000 more automobiles than GM in the United States, Toyota overtook the American carmaker for the first time ever. GM blamed the problem on a scarcity of microchips, which may also have contributed to the problems experienced by Hyundai and Kia.
In 1998, Hyundai Motor Group made the decision to buy the automaker in order to keep it viable.
In 2021, the sales war between Kia and Hyundai became more intense. But which two brands arrived to ruin the celebration?
The sales competition between the Korean sister manufacturers Hyundai and Kia was fierce in Australia until a few months ago.
According to sales data through the end of September 2021, Kia was in second place to Hyundai with 53,316 sales to Hyundai’s 54,169.
Given that Kia, the so-called “secondary” brand of the Hyundai Motor Group, has never outsold Hyundai in Australia in a calendar year and was evidently prepared to strike, the battle was crucial.
Hyundai versus Kia: which is the superior brand?
The conclusion is that, despite the similarity of the vehicles offered by Hyundai and Kia, Kia models offer greater value and better quality, as well as bolder style and a more engaging driving experience. Simply put, no matter what you value most in a car, Kia automobiles are better overall. Of course, it is ultimately up to you to decide. We recognize that purchasing a new car is a significant investment. We advise you to test drive both brands since we are certain that you will ultimately decide on a Kia. Any way you look at it, it’s unquestionably the better option. Please forgive me, Hyundai.
Is Hyundai more opulent than Kia?
What distinguishes Kia and Hyundai from one another? Hyundai delivers a more opulent and flowing style, whereas Kia creates cars with a sportier look. With a little more varied variety of automobiles, Kia can appeal to a wider target population. Their lineup includes the Sedona minivan.
Is Hyundai owned by the same firm as Kia?
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! Imagine a Kia Versus
who offers the best warranty Hyundai or Kia?
Both Kia and Hyundai provide remarkable 10-year/100,000-mile limited powertrain warranties in addition to lengthy standard warranties. the following benefits of the Kia warranty: Basic 5-year/60,000-mile warranty with limitations. 5-year/100,000-mile limited warranty against perforation
Hold Hyundai automobiles’ values steady?
A Hyundai retains a fair amount of value over time, although after three years of ownership, some models can lose up to 65% of their worth. Mileage: Your car’s mileage directly affects its condition, and if it has 100,000 kilometers or more, you may experience difficulties throughout the resale process.
Why are Kia automobiles so affordable?
Cost of an automobile is significantly influenced by its metal component. All other manufacturers, save Kia and Hyundai, must get the metal from an outside supply, which is pricey. Due to recent problems with the global supply chain and excessive inflation, this expense has increased even more.
The metal for Kia and Hyundai’s vehicles doesn’t have to be purchased elsewhere, though. They are the owners of a foundry, a facility that creates metal castings. This contributes to Kia automobiles’ low price.
Are Kia vehicles as reliable as Toyotas?
Kia is a dependable automaker. Overall, Kia receives a reliability rating of 4.0 out of 5.0 on RepairPal, placing it third overall (out of 32 brands).
Both Kia and Toyota are well-known for their dependability, and both have a 4.0 out of 5.0 RepairPal reliability rating. Kias may be marginally more reliable, while RepairPal puts Toyota seventh overall and Kia third.
Kias require an average of 0.2 unforeseen repair shop visits year, according to RepairPal. This is half of the 0.4 visits per year average for all brands. You have a one in five risk of needing an unforeseen repair each year, according to this statistic.
Previously, the Kia name was associated with low-cost, subpar vehicles. This is partly because the brand’s automobiles had a lot of issues when it first appeared in the United States. Since then, Kia has made fleet improvements and has earned a reputation for having great reliability.
Yes, Kias have a reputation for lasting just as long as other trustworthy cars like Hyundai, Honda, and Toyota. Although the powertrain is covered by the manufacturer’s warranty for up to 100,000 miles, many owners keep their Kias for much longer.
Who produces the Kia engines?
Hyundai and Kia produce their own engines, and a recent manufacturing fault may result in the premature death of more than 1 million of those engines.
For the same problem, Hyundai and Kia made separate recall announcements. About 572,000 examples of the 2013-2014 Santa Fe and 2013-2014 Sonata are included in Hyundai’s recall. About 618,160 units of the 2011-2014 Optima, 2012-2014 Sorento, and 2011-2013 Sportage are included in Kia’s recall.
One of two engines—a 2.4-liter, direct-injected, naturally aspirated I4 or a 2.0-liter, turbocharged I4—powers each of the involved vehicles. The motors’ various production dates range from 2010 to 2014.
The problem is due to manufacturing mistakes. It appears that metal debris in the crankshaft oil passageways wasn’t properly wiped out, and a second mistake led to surface roughness in the crankpins (crank journals). The connecting rod bearings, which enable the connecting rods to move freely, may receive less oil as a result of these two issues.
The engine may begin to knock as the bearing ages from contacting a rough surface without lubrication. The engine may seize up and be doomed to the scrap heap if the driver doesn’t understand what’s wrong and the bearings fail. If the engine seizes while the car is moving, it also poses a safety risk.
In May, notice will be given to dealers and owners, the latter by first-class mail. Owners must visit the dealership so that mechanics can examine and perhaps replace the engine. Owners who have previously paid for repairs must follow certain procedures in order to receive reimbursement from Hyundai or Kia.
How is the resale value of Kias?
Kia: Retained Value of 47.7% 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 substantial standard warranty and genuinely enticing options, this is the case.