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Hyundai, Kia luxury lineups expand market share in U.S.

2015-01-28

South Korea’s top carmaker Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. saw their combined market share in the luxury car segment climb up last year in the United States, industry data showed Monday.

Combined sales of Hyundai’s Genesis and Equus and Kia’s K9 in the United States advanced 3.1 percent on-year in 2014 to 23,878 units, according to the data. The market share of the three luxury sedans also inched up 0.5 percent point to 7.2 percent over the cited period in the U.S. premium car market.


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