The FINANCIAL — Kia Motors Corporation today announced its business results for the third quarter of 2020. Third-quarter revenue increased 8.2 percent, year-on-year, to KRW 16.32 trillion (from KRW 15.09 trillion). Kia sold 699,402 vehicles around the globe in the July-September period, slightly lower than 702,258 units sold in the same period last year. Sales outside of Korea declined by just 1.3 percent to 562,678 units as lockdown measures eased in advanced markets, with reviving demand despite the ongoing adverse impacts from COVID-19. Sales in Korea rose by 3.2 percent to 136,724 units, led by sales of the newly launched…
Read More »The FINANCIAL — Kia Motors Corporation today announced its business results for the third quarter of 2020. Third-quarter revenue increased 8.2 percent, year-on-year, to KRW 16.32 trillion (from KRW 15.09 trillion). Kia sold 699,402 vehicles around the globe in the July-September period, slightly lower than 702,258 units sold in the same period last year. Sales…
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