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Thursday, 01 October 2020 18:28

Automakers Report September and Q3 2020 Sales

Index

Volkswagen

 

The Volkswagen Group said its development in the current fiscal year has clearly felt the effects of the COVID-19 pandemic, although business started to pick up again in the second half of the year.

 

Worldwide deliveries in the first eight months were down by 21.5%, to 5.6 million vehicles, compared to 7.1 million in the same segment of 2019.

 

The company outperformed the market and reported 0.4 percentage points growth in its global market share compared with the previous year, taking this share to 13%.

 

The company expects incoming orders and deliveries in September to be up on the previous year and anticipates the upward trend will continue for the remainder of the year. As a result, Volkswagen confirmed its goal to remain profitable in the sum of all parts of the company and to report a positive operating result in 2020.

 

“All medium- and long-term forecasts continue to involve considerable uncertainty and depend on the future course of the pandemic”, said CEO Herbert Diess.

 

KIA

 

KIA Motors America announced September sales of 55,519 units, marking both the best September retail sales and best quarterly retail sales performances since Kia entered the U.S. market in 1994.

 

September sales were led by the Telluride and Forte models with 8,829 and 7,643 units sold, respectively. Year-over-year, retail sales rose 35.3% to 53,513 vehicles, with additional September sales highlights including:

 

  • An all-time monthly sales record for KIA's fastest turning model in company history---the Telluride SUV, with 8,829 units sold. On average, Telluride models stay on dealer lots for seven days
  • Best-ever September sales and best-ever monthly sales performance for the Sportage SUV
  • Record monthly sales for the Seltos SUV with 5,613 units sold
  • Highest monthly sales for the all-new K5 midsize sedan, with 5,763 units sold in September

 

Source: Hyundai, Mazda, FCA, Mitsubishi, Subaru, GM, Honda, Volkswagen


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