KIMTF - Kia America sales down 5.5% in January

Kia America (OTCPK:KIMTF) reports January sales slipped 5.5% Y/Y to 42,488 units. The company has set a new January record for overall electrified vehicle sales, exceeding the previous mark by 36%. "After outpacing the industry and our own best-ever annual sales performance in 2021, Kia's shift toward electrified vehicle sales is off to a strong start with record-breaking January sales for the brand's electric, hybrid and plug-in hybrid models," said Eric Watson, vice president, sales operations, Kia America. "With the all-new, all-electric Kia EV6 set to arrive in showrooms in the coming weeks, Kia is proving - once again - that we are ahead of the industry in providing customers with the vehicles they want to drive today." Last week, the company reported Q4 net profit of KRW1.25T.

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Kia America sales down 5.5% in January