Article Categories Recommended Products Buying Leads Show e-Book e-Newsletter

   HOME  >  Trade News  
Kia's “New K5” Makes a Hit

KIA Motors’ “New K5” is gaining a sweeping popularity. Sales of the model surpassed 5,000 units in just ten
operation days albeit being a facelift model, not a wholy new model.

If the sales figure keeps up the pace, it will be sure to break through the 8,000 mark within this month. Considering Hyundai Motor’s “YF Sonata” sold 7,900 units last month when operating days were 21 days, the New K5 sales will likely exceed sales of the YF Sonata.

Kia received 4,000 pre-contracts for the face-lifted K5 from June 3 to June 12, according to Kia Motors. The New K5 sold 1,000 units after its official launch on June 13. That is, it sold a total of 5,000 units including pre-contract sales and sales right after its launch. Kia originally set its monthly sales target for the New K5 at 5,000.

“It is noteworthy that the surge in pre-contracts came around early and mid June, not late month,” noted an official.

Generally, auto contracts are concentrated at the end of the month. When the K5 rolled out in April 2010, its sales topped those of the Sonata deemed as a leading mid-sized sedan in Korea.

“Even though the New K5 is a face-lifted model, it outdid the Sonata, indicating higher interest in the New K5,” said an official, adding the K5 series sales which slowed down are likely to pick up momentum.”

Other Articles

S. Korea Runs Trade Surplus for 17th Month with near $6 bn in June  [Issue No. 470]

Samsung’s Smartphone Lead to be Challenged by Apple, LG  [Issue No. 469]

Hyundai, Kia’s Hybrid Car Sales Reach Record High in US  [Issue No. 469]

S. Korean carmakers’ exports to EU swing to contraction last year amid recession  [Issue No. 465]

S. Korea’s export posts double-digit growth in 11 months  [Issue No. 465]

   Article Categories
Special Report

Cover Story

Industry In-Depth



Company to Watch


Expo Preview I

Expo Preview II

Export Leader

The Excellent Company Brand of Seoul

KIMES 2011

KOTRA Seal of Excellence

World-Class Products of Korea








Korea’s Globally Competitive Exhibitions

Industry Trends

Korea’s Major Exhibitions in 2011


Special Features

Hi Seoul Brand Project

Products Recommended by KICOX



Best Products from Chungbuk, Korea


BEPA (Busan Ecinimic Promotion Agency)

The Excellent Company in Suwon, The Republic of Korea

Industry Trends


FTA Feature

The Best Companies of Seongdong-gu, Seoul

Exhibition Preview

Trade News

Tourist Attractions

Introduciton to BJFEZ

Introduction to KITA

Expo Preview

New Excellent Product

Best Products from Jeollanam-do, Korea


The Best Trader of The Month

Introduction to Major FEZs in South Korea

Gangdong-gu Office



Introduction to GFEZ

2013 Automotive Week

Special reportⅡ

Introduction to KOTRA

Seoul Motor Show 2013

New & Hot

Maekyung Buyersguide Corp.'s Korea Buyers Guide, an overseas publicity / marketing magazine for Korean merchandise,
has proudly contributed to export expansion of South Korea for more than 30 years since January 1974.
About Us     |     Subscription     |     Agent Wanted     |     Free Copy Event     |     Contact Us
Copyright(c) 2015 Maekyung BuyersGuide Corp. All right reserved.