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Mexico (1) Sales grow fourth consecutive year in 2024, but growth slows
K4, a C-class sedan, was also released. The second and third best-selling models, the entry-level subcompact sedan Hyundai Grand i10 and the C-class SUV Hyundai Creta, are imported vehicles produced in India, and both saw significant sales growth in 2024. Following these, Kia's C-class SUVs, the Seltos and Sonet, began to be imported from China in 2024. Imported vehicles account for approximately 60% of domestic Mexican sales, with the main co...
Market & Tech Reports Updated at: 2025/04/30
Bharat Mobility Global Expo 2025: BEVs in India
f estimated WLTP range on a full charge. Kia India unveiled the all-new 2025 Kia EV6 facelift at the Bharat Mobility Global Expo 2025. It also presented the all-new Syros model, the all-electric EV9, Carnival Hi Limousine, and its existing Indian product lineup, which includes the Carens, Seltos, and Sonet, along with their X-Line variants. 2025 Kia EV6 EV6 The refreshed EV6 features a powerful 84-kWh battery, providing a...
Market & Tech Reports Updated at: 2025/02/13
Korean Market and OEM Activities: Slowdown in EV Demand, Expanding HV lineup
Kia K3(Forte), K5, K8, Niro, Sorento, Mohave(Borrego), EV6.Tasman (2025-planned). Hwaseong EVO plant 100-150 (2025) - Electric PBV (Purpose Built Vehicle) dedicated plant. Production will start in 2025. PV5 (2025-planned), PV7 (2027-planned). Gwangju 477 541 Kia Sportage, Soul, Soul EV(e-Soul), Seltos, trucks and buses.EV5 (2025-planned). Autoland Gwangmyeong(Former Sohari plant) 313 252 Kia K9(Quoris/K900), Grand Carnival(Carnival/Sedona),...
Market & Tech Reports Updated at: 2024/07/25
Mexico: Chinese vehicles account for 30% of imports and 20% of sales
centage points to 10.5%, reclaiming the third-place sales position it had taken from VW the previous year. By vehicle model, the domestically (Mexico) produced Rio has been the best-selling model until now, but in 2024 the new K3 will replace it and sales will increase. In addition, sales of Kia Seltos and Hyundai Creta, compact SUVs imported from India, are increasing. Cars made in India accounted for 60.5% of imported cars and 35.4% of sales...
Market & Tech Reports Updated at: 2024/06/14
Analysis Report: Automatic Transmission (AT) (Japanese, U.S. and European Markets)
e vehicles with 10-speed ATs, and around 100,000 units of each of the Tundra, Pilot, and Odyssey are sold annually. Some Hyundai, Kia, and Genesis models are HEVs, and they have 6-speed ATs, but all their other ATs are standardized to 8-speeds. Although some grades of Kona, Santa Cruz, Santa Fe, Seltos, and Sorento have CVTs and DCTs, most are equipped with ATs. Europe: The AT penetration situation differs greatly in each country, but the c...
Market & Tech Reports Updated at: 2024/03/21
Bharat Mobility Global Expo 2024 (1) EVs and Passenger Vehicles in India
(Nickel Metal Hydride) battery. Additionally, Lexus also presented the Lexus UX 300e, an all-electric luxury crossover at the Expo. It has a range of 400 kilometers, 150 kW power and 300 Nm torque. At the Expo, Kia Motors exhibited its product range including the luxury electric model EV6, Seltos SUV, Sonet, and Carens, along with the X-Line variants of Kia Sonet, Seltos, and Carens. Kia Motors also showcased specialized versions of t...
Market & Tech Reports Updated at: 2024/03/08
Indian OEMs Investment and Future Plans (1)
fer a range of 631 km per full charge (As per ARAI). Hyundai Exter Hyundai Ioniq 5 at Auto Expo 2023 India Kia Motors is one of the younger players in the Indian Automobile Industry. This Hyundai group company operates a plant in Anantapur Andhra Pradesh and produces SUVs and MPVs like Seltos, Sonet, and Carens. The company also sells EV6 electric car in the Indian market. Investment, future plans and upcoming models KIA EV9...
Market & Tech Reports Updated at: 2023/12/28
Korean Market and Brands: Public and Private Sectors Building EV/Battery Production Capacity
buses and trucks, Staria Kia Corporation Hwasung 531 529 Kia K3 (Forte, Cerato), K5, K8, Niro, Sorento, Mohave (Borrego), EV6, pickup truck (TK1) (2024-planned) Electric PBV dedicated plant 150(2025) - PBV (project name: SW) (2025-planned) Gwangju 477 472 Kia Sportage, Soul, Soul EV (e-Soul), Seltos, trucks and buses Autoland Gwangmyeong 313 276 Kia Stonic, Pride (Rio), K9 (Quoris/K900), Grand Carnival (Carnival/Sedona), EV9Production of ...
Market & Tech Reports Updated at: 2023/07/05
Mexico: Investment plans for near-shoring and EV shift
increasing from 30.5% in 2021 to 34.9% in 2022. Major models in the main segments include the Kia Rio by Hyundai/Kia and the Chevrolet Aveo by GM (imported from China) in the subcompact segment, the Nissan Versa and the Nissan Sentra in the compact segment, and the Chevrolet Captiva and the Kia Seltos by Hyundai/Kia (imported from India) in the SUV segment. Among SUVs, the Chevrolet Captiva (imported from China), the Hyundai/Kia Kia Seltos (i...
Market & Tech Reports Updated at: 2023/04/24
Indian Auto Expo 2023 (1): EVs and Passenger Vehicles
lopment. Kia unveiled its all-electric SUV concept - the Kia Concept EV9, and the Kia KA4, a luxury RV at the event. A separate exhibition zone also exhibited Kia's futuristic connected car technologies, such as Kia Connect and EV6 charging stations. Kia also displayed its existing products, the Seltos, Sonet, Carens, and the electric vehicle EV6 at the event. Kia also announced its entry into the “Purpose Built Vehicles” (PBV) segment ...
Market & Tech Reports Updated at: 2023/02/06
The USMCA and the Mexican Automotive Industry
dominated by smaller, less expensive models, and the share of imported vehicles to total sales increased from the 50% level up to 2017 and has been in the 60% range since 2018 (63.8% of sales in 2021 were imports). The majority of imported vehicles are small passenger cars from India (VW Vento, KIA Seltos, etc.), Brazil (Renault Kwid, GM Tracker, etc.), China (GM Aveo, GM Captiva, etc.), or vehicles produced by OEMs in the U.S. and Japan. However...
Market & Tech Reports Updated at: 2022/04/01
Korean market and domestic brand trends: Semiconductor shortages reducing production and sales
7 Hyundai Grandeur (Azera), Sonata, Ioniq 6(2022- planned) Jeonju 103 36 Hyundai buses and trucks, Staria(2022- planned) Kia Corporation Hwaseong 563 487 Kia K3 (Forte, Cerato), K5 (Optima), K8, Niro, Sorento, Mohave (Borrego), EV6 Gwangju 600 442 Kia Sportage, Soul, Soul EV (e-Soul), Seltos, trucks, and buses Sohari 320 214 Kia Stinger, Stonic, Pride (Rio), K9 (Quoris/K900), Grand Carnival (Carnival/Sedona) Seosan 280 164 Kia M...
Market & Tech Reports Updated at: 2022/03/01
CASE Development in India (Part 2): Mobility
development. But in recent years, a change in this tradition can be seen with the emergence of new OEMs onto the Indian market and the advanced cars they have brought with them. In the fiscal year 2019-20, India witnessed the mass adoption of connected cars with the launch of Hyundai Venue, Kia Seltos and MG Hector etc. Major OEMs also geared up to introduce autonomous vehicle technology. In addition, Indian OEMs established tie ups with shar...
Market & Tech Reports Updated at: 2021/02/10
Korean market and trends of domestic brands: Tax breaks boosting domestic sales
is, i30, Palisade, Venue, ix35, NEXO, etc. Asan 300 232 Hyundai Grandeur (Azera), Sonata Jeonju 103 44 Hyundai buses and trucks Kia Motors Hwasung 563 487 Kia K3 (Forte, Cerato), K5 (Optima), K7 (Cadenza), Niro, Sorento, Mohave (Borrego) Gwangju 600 456 Kia Sportage, Soul, Soul EV (e-Soul), Seltos, trucks and buses Sohari 320 285 Kia Stinger, Stonic, Pride (Rio), K9 (Quoris/K900) Seosan 280 222 Kia Morning (Picanto), RayThe Seosan Pla...
Market & Tech Reports Updated at: 2020/11/12
Hyundai Motor Group: increasing electrified vehicle lineup with 44 models in 2025
its second SUV, later in the year. New Hyundai Avante/Elantra compact sedan (Photo: Hyundai Motor) Hyundai’s new compact pickup truck Santa Cruz (Photo: Hyundai Motor) 2020, Kia plans to launch the new Sorento flagship SUV in Korea, Europe and the US. Following the release of the Seltos subcompact SUV in India where Kia entered in 2019, the company will introduce the new Carnival MPV and the new Sonet compact SUV. Kia’...
Market & Tech Reports Updated at: 2020/06/22
OEM Measures to Expand Sales of SUVs and Pickups in the U.S.
beyond 2020 In January 2020, Hyundai launched the 2020 Venue, a new subcompact crossover SUV. The Venue is Hyundai's smallest SUV, smaller than the Kona sub-compact crossover SUV, and will be supplied from the Ulsan Plant in South Korea. At the Los Angeles Motor Show in November 2019, the Kia Seltos subcompact SUV, that shares the same platform with the Hyundai Kona and will be produced at the Gwangju Plant in South Korea, was unveiled in N...
Market & Tech Reports Updated at: 2020/05/20
Indian Auto Expo 2020: GWM and Haima announce new entry into Indian market
unced its India launch plan. Maruti Suzuki premiered its concept electric vehicle Futuro-e along with the new Ignis and Vitara Brezza. Hyundai India presented future mobility concepts and launched the new Tucson and Creta. Kia announced the global premier of Sonet and presented the Carnival MPV and Seltos X-Line Concept for the Indian market. MG Motor showcased SUV and MPV for Indian market with 14 models across various market segments. ...
Market & Tech Reports Updated at: 2020/02/20
India: Muted market growth and jump to BS-VI regulation
to enter the Indian automobile market under the MG brand. In May 2019, it rolled out the first production version of its connected SUV, Hector. MG Motor also plans to introduced its global pure-electric SUV, the MG eZS, in India by December 2019. In June 2019, Kia Motors revealed the compact SUV Seltos in India. The production will be based at two of Kia's production facilities - in the Anantapur district, Andhra Pradesh, India, and in Gwangju...
Market & Tech Reports Updated at: 2019/09/13
Korean market and trends of domestic brands: 2019 production forecasted to fall below 2018 level
, i30, i40, Palisade, Venue(2019-), etc. Asan 300 242 Hyundai Grandeur (Azera), Sonata Jeonju 103 29 Hyundai buses and trucks Kia Motors Hwasung 563 464 Kia K3 (Forte, Cerato), K5(Optima), K7 (Cadenza), Niro, Sorento, Mohave (Borrego) Gwangju 490 439 Kia Sportage, AM, Soul, Soul EV (e-Soul),Seltos (2019-), trucks and buses Sohari 320 292 Kia Stinger, Stonic, Pride (Rio),Carnival, Ray, K9 (Quoris/K900) Seosan 230 258 Kia Morning (Pican...
Market & Tech Reports Updated at: 2019/08/16