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Korean Market and OEM Activities: Slowdown in EV Demand, Expanding HV lineup
tinations include the U.K., Germany, Sweden, and Spain. U.S. 340 357 Manufactures the Sorento, K5 (Optima), Telluride, Sportage, and EV9. Kia invested over USD 200 million in expanding the plant and began the production of the EV9 in April 2024. Mexico 400 (3 shifts) 256 Manufactures the Forte (Cerato/K3), K4, and Hyundai Accent. Production of the Rio ended in December 2023. The manufacturing facilities for the Rio will be used to enhance the...
Market & Tech Reports Updated at: 2024/07/25
Korean Market and Brands: Public and Private Sectors Building EV/Battery Production Capacity
ria, NEXO/Genesis G90, G80, G70, GV80, GV70, GV60Construction of an EV dedicated plant started in Q4 2023 and scheduled to be completed in 2025. Asan 300 219 Hyundai Grandeur (Azera), Sonata, Ioniq 6 Jeonju 103 40 Hyundai 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:...
Market & Tech Reports Updated at: 2023/07/05
Korean market and domestic brand trends: Semiconductor shortages reducing production and sales
a), Tucson, Santa Fe, Ioniq 5, i30, Palisade, Venue, Staria, NEXO/Genesis G90, G80, G70, GV80, GV70, GV60 Asan 300 237 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 Soh...
Market & Tech Reports Updated at: 2022/03/01
Korean market and trends of domestic brands: Tax breaks boosting domestic sales
ls and activities Hyundai Motor Ulsan 1,400 1,510 Hyundai Veloster, Kona, Avante (Elantra), Tucson, Santa Fe, Ioniq, Genesis, 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 ...
Market & Tech Reports Updated at: 2020/11/12
Dongfeng Motor: CASE alliance with FAW and Changan, and aggressive expansion into Africa
rand : QX50, Q50 Zhengzhou Nissan 27.5 18.5% NV200, Succe, Rich, Terra, Fengdu Dongfeng Honda 720.7 0.9% JADE, Elysion, CR-V, UR-V, XR-V, Envix, Gienia, Civic, Spirior, Greiz Dongfeng Yueda Kia 371.3 3.1% KX CROSS, KX5, KX7, Sportage R, KX3, Yipao, K2, K3, K4, K5, K4 Cachet, Kia Forte, Pegas, Cerato, Horki Dongfeng PSA 114.2 -12.7% Citroen brand : C3-XR, C4 Aircross, C5 Aircross, C4/ Citroen Quatre, Elysee, FU KANG ES500 139.2 -43.6% Pe...
Market & Tech Reports Updated at: 2020/01/17
Korean market and trends of domestic brands: 2019 production forecasted to fall below 2018 level
d movement Hyundai Motor Ulsan 1,410 1,475 Hyundai Accent, Veloster, Kona,Avante (Elantra), Tucson, Santa Fe, Ioniq, Genesis, 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 a...
Market & Tech Reports Updated at: 2019/08/16
Korea: Hyundai and Kia to accelerate launching SUVs and electrified vehicles
i announced a plan to invest KRW 300 billion in a second plant to set up a flexible production line for manufacturing different types of vehicles without changeovers. Asan 300 228 Hyundai Grandeur (Azera), Sonata Jeonju 100 56 Hyundai buses and trucks Kia Motors Hwasung 555 510 Kia K3 (Forte, Cerato), K5 (Optima), K7 (Cadenza), Niro, Sorento Gwangju 490 499 Kia Sportage, Carens (Rondo), AM, Soul, Soul EV, trucks and buses Sohari 330 318...
Market & Tech Reports Updated at: 2018/05/21
Indian Auto Expo 2018: Exhibitions from Maruti Suzuki, Hyundai/Kia, Honda, and Toyota
connected to the vehicle to display information on topography, nearby vehicles, weather, and more. At its first Auto Expo in India, Kia Motors India unveiled the striking new SP Concept, which made its world premier, alongside sixteen global models. Kia Motors exhibited the Picanto, Rio, Stonic, Cerato, Cee’d, Soul EV, Cadenza, Stinger, Mohave, Sorento, Sportage, Grand Carnival, Niro plug-in hybrid, and Optima hybrid at the show. During the ...
Market & Tech Reports Updated at: 2018/02/16
Mexico: OEMs advance plans to increase production, consider diversifying export destinations
lto 63,000 Honda HR-V (Vezel, 2017-), CR-V (-2017) Celaya 200,000 Honda HR-V (Vezel), Fit Mazda Mazda de Mexico Vehicle Operation (MMVO) Salamanca 250,000 Mazda3 (Axela), Mazda2 (Demio)Toyota Yaris iA (Mazda2 based) Kia Kia Motors Mexico Pesqueria 400,000(full production in 2020) Kia Forte (Cerato, K3, 2016-), Rio (2017-) Hyundai Accent (2017-) Source: MarkLines OEM Plants data based on the figures released on the company's official we...
Market & Tech Reports Updated at: 2017/10/10
Dongfeng Motor: Aiming for sales of 5.6 Million Units and 18% market share by 2020
155,331 164,114 64,793 53,913 K3 135,666 175,713 156,031 71,174 61,711 K4 0 26,700 62,147 30,992 13,462 K5 56,377 55,474 38,316 17,415 10,423 Rio 4,194 3,275 0 0 0 Optima 882 0 0 0 0 Horki 0 30 30 0 0 Soul 10,004 9,009 1,494 1,057 1,140 Kia Forte 38,004 65,943 24,641 16,261 3,899 Cerato 24,720 17,615 10,906 5,483 1,964 Total 546,766 646,036 616,094 265,652 240,588 Dongfeng Yulon MPV Luxgen 335 29 54 38 23 Luxgen 7 1,248 1...
Market & Tech Reports Updated at: 2016/07/20
Korea aims to produce 4.6 million vehicles in 2014
rea by OEM Plant Annual production capacity (1,000 units) Models and movement Hyundai Motor Ulsan 1,700 Hyundai Avante (Elantra), Tucson, Santa Fe, Genesis, i30, i40, etc. Asan 300 Hyundai Grandeur (Azera), Sonata Jeonju 125 Hyundai buses and trucks Kia Motors Hwasung 580 Kia K3 (Forte, Cerato), K5 (Optima), K7 (Cadenza), Sorento Gwangju 620 Kia Sportage, Carens (Rondo), AM, Soul, Soul EV, trucks, buses(While its annual capacity was...
Market & Tech Reports Updated at: 2014/05/15
Features on new Hyundai/Kia models: Genesis uses multiple active safety systems
ea as the Avante Coupe in April 2013. Kia New Forte Koup This two-door coupe is the third member of the second-generation Forte family, Kia's leading compact car series. It was released in Korea in August and in the US during the fourth quarter of 2013. The model is dubbed 'K3 Koup' in Korea and 'Cerato Koup' in Australia and other regions. New Carens The new Carens is the third-generation of the five- or seven-seat compact MPV, adopting a ne...
Market & Tech Reports Updated at: 2014/03/19
Malaysia: New vehicle sales to increase 2.2% to 670,000 units in 2014
g, Thailand. The model is priced from MYR 98,000 to MYR 108,000. Kia New Rio Jan. 2013 This B-segment subcompact car is Kia's best-selling model in the world. The model is targeted at young consumers under 35 years old. With a monthly sales target of 200 units, it is priced at MYR 73,888. Cerato Jul. 2013 This is a C-segment sedan which replaces the former Forte and Kia's second best-selling model after the Rio. With a monthly sales t...
Market & Tech Reports Updated at: 2014/02/25
Dongfeng Motor strengthens proprietary & JV brand businesses
model "Ciimo" (based on the eighth-generation Civic) was launched, whose brand name is yet to be announced. Dongfeng-Yueda-Kia Motors Co., Ltd. ▽Horki brand * 2015: The first production model (most likely to be an EV) of the "Horki" JV brand started production (the concept car based on the new Cerato has been disclosed in April 2013) Dongfeng Renault Automobile Co., Ltd. (plan) ▽JV brand (yet to be announced) ▽Model plan of the "D...
Market & Tech Reports Updated at: 2014/01/10
Hyundai-Kia in China: 2.4 million in vehicle sales targeted for 2016
China, in addition to Kia's production vehicles released in the U.S. and Europe. ▽Dongfeng-Yueda-Kia Motors * In 2014: all-new Soul (MPVs) and others * In 2015: To start production of JV's Horki brand's first model (most likely to be EVs) (concept car unveiled in April 2013, based on the new Cerato), small SUV * In 2016: Mid-size SUV, HV (likely to be K5 Hybrid)* In 2017: Small passenger car, new K7 Hyundai brand commercial vehicles ...
Market & Tech Reports Updated at: 2013/12/06
Shanghai Motor Show 2013 (4): Eight major Japanese OEMs, Hyundai, and Qoros
ol =ESP), a super-long panoramic roof, car navigation system, rear radar warning monitoring system, and BlueLink system. Dongfeng- Yueda-Kia Horki concept (EV) The first concept car (EV) under the Dongfeng-Yueda-Kia Motor joint venture brand, the Horki, based on the locally-manufactured new Kia Cerato. Its production model is positioned as the OEM's high-end model. The automaker only commented at Auto Shanghai 2013 that it will decide whe...
Market & Tech Reports Updated at: 2013/06/17
Korea expects vehicle production of 4.7 M and sales of 1.4 M in 2013
ntra), i40, Tucson, Santa Fe, Veracruz, i30, i30CW, Genesis, Genesis Coupe, Equus, Grand Starex (H-1), Porter, Mighty, In 2013, Maxcruz and ix35 Fuel Cell were added. Asan 300 Hyundai Grandeur (Azera), Sonata, Sonata Hybrid Jeonju 70 Hyundai buses, trucks Kia Motors Hwasung 580 Kia Forte (New Cerato), K5 (Optima), K5 Hybrid, K7 (Cadenza), Mohave (Borrego), Sorento, In 2012, K3 was added. Gwangju 500→620 (2013) Kia Sportage, New Carens (...
Market & Tech Reports Updated at: 2013/04/17
Sales in China rose 4.3% to 19.31 million units in 2012
-Quatre 3box 104,215 105,166 C5 3box 33,678 35,242 307 3box 25,897 11,132 307 2box 24,592 23,616 207 3box 27,142 20,336 207 2box 18,203 13,101 408 3box 53,619 53,533 508 15,285 26,926 308 9,399 67,583 Dongfeng-Yueda-Kia Motors Rio 30,324 9,184 Carnival 1 0 Optima 3,124 4,155 Cerato 54,649 34,501 Cerato 5-door 4,383 950 Sportage 44,754 41,178 Sportage R 64,341 75,964 Forte 3box 128,151 80,944 Soul 10,236 10,825 ...
Market & Tech Reports Updated at: 2013/03/07
Japanese vehicle sales targets in China revised downward for 2012
6 108 BYD G6 BYD 2,987 108 RAV4 Toyota 3,571 109 Xenia FAW 2,947 109 Haijing Geely Holding Group 3,562 110 Roewe 550 SAIC Motor 2,942 110 Jiangnan Zotye Holding Group 3,537 111 Alsvin Changan Automobile 2,908 111 MG3 SAIC Motor 3,535 112 Peugeot 307 PSA 2,908 112 C-Class M-Benz 3,527 113 Cerato Kia 2,907 113 CC VW 3,522 114 New Sylphy Nissan 2,896 114 New Teana Nissan 3,483 115 Crosstour Honda 2,798 115 Haixing Brilliance Automobi...
Market & Tech Reports Updated at: 2012/12/19
2011 Chinese auto sales growth slow sharply to 2.5%
gfengHondaAutomobileCR-V 105,233 140,000 160,003 Civic 3box 93,368 101,198 78,089 Spirio 12,000 19,402 17,376 DongfengLiuzhouAutomobileFuture, Lingzhi 16,860 23,759 27,601 Jingyi 7,158 26,486 73,077 Dongfeng-Yueda-KiaMotorsRio 41,061 44,022 30,324 Carnival 858 455 1 Optima 2,573 3,336 3,124 Cerato 83,870 70,174 54,649 Cerato 5 door 19,136 12,573 4,383 Sportage 43,888 67,740 44,754 Sportage R - 11,713 64,341 Forte 3box 48,298 105,751 1...
Market & Tech Reports Updated at: 2012/03/22