KIMTF - Kia America sales grew 2.3% in February

Kia America (OTCPK:KIMTF) reports February sales up 2.3% Y/Y to 49,182 units. The company has set a new February record for overall electrified vehicle sales, shattering the previous record set in September 2021 by 181%. Niro line of electrified crossovers saw a 40% increase over the model line's best-ever February sales total set in 2017. The Telluride and K5 also broke previous model-specific February sales records by 13% and 5%. "Kia continues to outpace the industry and 'charge ahead' with the shift toward electrified vehicles as sales of our range of electric, hybrid and plug-in hybrid models continued to break records and now make up 13-percent of our sales," said Eric Watson, vice president, sales operations, Kia America. "With first-month sales of the all-electric Kia EV6 exceeding 2,100 units we are confident that even more consumers considering their own shift to electrified vehicles will now consider Kia."

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Kia America sales grew 2.3% in February