Hyundai, Kia's October Europe sales dip 1.4% amid lack of new models

Combined vehicle sales of Korea's leading automaker Hyundai Motor and its affiliate Kia in Europe fell 1.4 percent in October from a year earlier, industry data showed Tuesday, mainly due to a shortage of newly launched models. According to the data from the European Automobile Manufacturers' Association (ACEA), Hyundai and Kia sold a combined 81,540 vehicles in Europe last month, down from 82,734 units a year earlier. "The monthly decline was mainly driven by a lack of new models introduced in the European market, among other factors," a Hyundai spokesperson said. Hyundai Motor's sales slipped 0.8 percent to 41,137 units from 41,488 a year earlier, while Kia's fell 2 percent to 40,403 from 41,246. In Europe, where emissions regulations are becoming increasingly stringent, the two carmakers are focusing on promoting eco-friendly models, including Hyundai's Tucson gasoline hybrid and plug-in hybrid versions, the all-electric Kona, and Kia's all-electric EV3 and Niro plug-in hybrid models. Last month, Hyundai and Kia together accounted for 7.5 percent of the European vehicle market, where oWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times