13 Aug 2008 Press Release
 

Kia Motors posts 24.1% increase in July global sales

Kia Rio (US model).
Kia Rio (US model).
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122,230 KiaKiaLoading... vehicles sold globally in July

Cumulative sales reach 839,384, an increase of 16.9% year-on-year


United Arab Emirates, August 13 2008 - Kia Motors CorporationKia Motors CorporationLoading... has announced that its global sales of passenger cars, recreation vehicles (RVs) and commercial vehicles in July 2008 reached 122,230, representing a 24.1% year-on-year increase.

Cumulatively, through the first seven months of 2008, KiaKiaLoading...'s global sales increased by 16.9% year-on-year and reached 839,384 units.

So far in 2008, KiaKiaLoading...'s best selling model has been the C-segment Cerato with 124,058 units sold. It is followed by a close group of three vehicles: the B-segment Rio at 94,340, the C-segment cee'd at 91,857 and KiaKiaLoading...'s Sportage compact SUV at 87,547. Meanwhile the A-segment Picanto continues to perform well with 61,498 units sold.

Hyoung-Keun Lee, Senior Executive Vice President, International Business Division, said, "As we enter the second half of 2008, we continue to experience strong sales growth across all markets, and we have achieved consistently high and significant year-on-year gains in China and general markets (including the UAE) in particular. These results represent great performance by our sales team, especially given the difficult industry environment."












-Ends-

Al Majid Motors CoAl Majid Motors CoLoading.... the local agent of KIA Motors - UAE has experienced an 80 % increase in sales in 2008 comparing to 2007 sales, said Mr. Samir Tayeh. President of Al Majid Motors CoAl Majid Motors CoLoading....

Kia Motors CorporationKia Motors CorporationLoading... (www.kia.com) -- 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, KiaKiaLoading... aims to become one of the world's premier automotive brands. More than 1.4 million vehicles a year are produced in 14 manufacturing and assembly operations in eight countries which are then sold and serviced through a network of distributors and dealers covering 165 countries. KiaKiaLoading... today has over 40,000 employees worldwide and annual revenues of almost US$17 billion. It is the major sponsor of the Australian Tennis Open and an official worldwide sponsor of the Davis Cup. KiaKiaLoading... is an official automotive partner of FIFA -- the governing body of the FIFA World Cup -- as well as a EUROTOP partner of UEFA. Kia Motors CorporationKia Motors CorporationLoading...'s brand slogan -- "The Power to Surprise" -- represents the company's global commitment to surpassing customer expectations through continuous automotive innovation.

* Global sales figures are based upon CBU export sales and sales from overseas and Korean production plants

** Includes figures from Western and Eastern European markets

***General markets includes the regions of Central and South America, Asia and the Pacific, and the Middle East and Africa.

KiaKiaLoading... Motors Media Contact: ( UAE )
Hisham Al Qaisi
Tel: 00971 4 3695600
e-mail: hisham@kia-uae.com

© Press Release 2008

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