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Ten years in the past, Kia’s market share in Australia (2.6 per cent) was lower than one-third that of its main shareholder, Hyundai (8.5 per cent).
But the model has spent the previous decade steadily whittling away this hole, to the purpose the place in 2022 Kia truly sits forward of Hyundai within the gross sales race.
To the tip of September, Kia Australia has registered 60,200 automobiles, towards 58,103 from Hyundai.
That places Kia in fourth place on the gross sales charts and proper on the hammer of Mitsubishi in third (60,523 gross sales), relegating Hyundai into fifth.
Whereas the respective Korean manufacturers’ product line-ups don’t precisely mirror each other’s, they do compete in a number of vital segments.
Hyundai has bragging rights within the small automobile market (17,218 gross sales of the i30, versus 10,770 for the Cerato), and small SUVs (9453 Konas versus 7039 for the Seltos).
Nevertheless Kia has turned the tables in folks movers (6096 Carnival gross sales versus 1351 Starias), mild SUVs (7036 Stonic versus 5595 Venues), medium SUVs (13,620 Sportage gross sales versus 12,839 Tucsons), and huge SUVs (4928 Sorentos versus 3302 Santa Fes).
Each manufacturers are robust in EVs by market-wide requirements, sitting a rung beneath Tesla. However Hyundai’s 2024 EV gross sales YTD (897 Kona, 558 Ioniq 5, and 569 Ioniq) give it the sting over Kia’s 691 EVs (486 for the EV6 and 205 for the Niro).
The 2 manufacturers even have their very own areas of energy relative to the opposite.
Kia is dominant on the market’s least expensive finish with the Picanto (3711) and Rio (3661), and the dwindling massive sedan market with the Stinger (1942 gross sales).
Alternatively, Hyundai’s i20 N sizzling hatch (553 gross sales) has no direct Kia competitor, nor does the Palisade further massive SUV (3164 gross sales), Sonata sedan (415), and Staria Load work van (2844 gross sales). Hyundai’s ‘N’ sports activities vary can also be distinctive, with no Kia various.
Hyundai | Kia | |
---|---|---|
2022* | 58,103 | 60,200 |
2021 | 72,872 | 67,964 |
2020 | 64,807 | 56,076 |
2019 | 86,104 | 61,503 |
2018 | 94,187 | 58,815 |
2017 | 97,013 | 54,737 |
2016 | 101,555 | 42,668 |
2015 | 102,004 | 33,736 |
2014 | 100,011 | 28,005 |
2013 | 97,006 | 29,778 |
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