KIA AMERICA DELIVERS SECOND-HIGHEST FIRST QUARTER SALES IN COMPANY HISTORY

Kia sold more SUVs in March 2024 than any other month in company history

    --  Three Kia models - Forte, Sportage, Telluride - each sold over 10,000
        units in March
    --  First quarter EV sales up 88% compared to the previous year
    --  Sorento SUV sales increase 28% year-over-year in March as refreshed 2024
        model launches

IRVINE, Calif., April 2, 2024 /PRNewswire/ -- Kia America delivered its second-highest first quarter sales total in company history, capped by March sales of 69,472 units. Sales of electrified models in March grew 9% compared to the previous year. Specifically, EVs saw a significant increase of 151% over the previous year. Sales of the entire utility lineup increased by 9% compared to the previous year and accounted for 79% of total sales.

Three models - Forte, Sportage, Telluride - drove the overall sales, each delivering more than 10,000 units in March. In addition, the new Sorento recently launched and sales grew 28% in March compared to the previous year. Three models including Sportage (+17%), Carnival (+15%), and Forte (+13%) recorded their highest March sales performances ever.

"Our growth in SUVs and early impact of the all-new, all-electric three-row EV9 helped deliver Kia's second-best first quarter sales result," said Eric Watson, vice president, sales operations, Kia America. "With the recent global debut of the all-new K4 compact sedan at the New York International Auto Show and the refreshed Carnival and K5 models slated to arrive in dealer showrooms in the coming months, Kia will undoubtedly continue to capture the attention of the industry, media and consumers."

In addition to the monthly sales performance, Kia America announced several initiatives, including:

    --  Kia's all electric three-row SUV - EV9 achieved a notable dual victory
        at the 2024 World Car Awards. Revealed during a live announcement at the
        World Car Awards ceremony at the New York International Auto Show, the
        EV9 secured esteemed titles for both World Car of the Year and World
        Electric Vehicle.
    --  The global debut of the upcoming K4 compact sedan at the 2024 New York
        International Auto Show. As Kia's fourth-generation compact sedan, the
        K4 is a powerhouse of standard, segment-above technology, delivering
        Advanced Driver Assistance Systems (ADAS)(1), refinement, and
        class-leading rear head room and leg room(2). An available turbocharged
        engine amps up the fun-to-drive quotient and standard multi-link rear
        suspension on the GT-Line (2.0 and 1.6 turbo) offers a responsive
        driving experience.
    --  U.S. News & World Report named the Kia Telluride best 3-row midsize SUV
        in its "Best Cars for Families" award program for the fifth year in a
        row. Within each class, the award honors the cars, SUVs and minivans
        that offer the best combination of safety, reliability, space,
        convenience, and connectivity. The award methodology combines
        professional automotive reviews, safety and reliability ratings, seating
        and cargo volume and the availability of family-friendly features.
    --  2024 Telluride also achieved the Insurance Institute for Highway
        Safety's (IIHS) TOP SAFETY PICK+ (TSP+) rating, while the 2024 Sportage
        earned the TOP SAFETY PICK (TSP) rating. According to the IIHS, the two
        SUVs were deemed as "offering the highest level of protection for both
        vehicle and occupants and vulnerable road users."
    --  2024 EV9 was also recognized as winner of the World's Best Car for 2024
        by the Women's Worldwide Car of the Year (WWCOTY). The annual award is a
        result of in-depth evaluations by 75 women motoring journalists from 52
        countries across five continents. Aspects such as safety, quality,
        price, design, ease of driving, benefits, and environmental footprint
        are considered when casting their votes. The Kia EV9 was named over a
        total of 63 contenders.

                                           MONTH OF MARCH YEAR-TO-DATE



                Model   2024   2023    2024       2023




     EV9              1,281    N/A  4,007        N/A



     EV6              1,537    988   4,059      3,392



     Rio                246  2,439   1,823      7,008



     Forte           13,417 11,891  33,623     30,526



     K5               1,174  5,774   6,753     14,288



     Stinger              1    958       0      2,046



     Soul             5,284  6,907  12,452     16,984



     Niro             2,902  2,736   7,475      9,827



     Seltos           6,017  6,156  14,783     13,894



     Sportage        15,211 12,965  37,286     31,684



     Sorento          8,799  6,886  22,244     20,166



     Telluride       10,152 10,585  25,578     27,190



     Carnival         3,451  3,009   9,538      7,131


                Total 69,472 71,294 179,621    184,136

Kia America - about us

Headquartered in Irvine, California, Kia America continues to top automotive quality surveys. Kia is recognized as one of the TIME100 Most Influential Companies of 2023. Kia serves as the "Official Automotive Partner" of the NBA and offers a range of gasoline, hybrid, plug-in hybrid and electric vehicles sold through a network of over 775 dealers in the U.S., including several cars and SUVs proudly assembled in America*.

For media information, including photography, visit?www.kiamedia.com.?To receive custom email notifications for press releases the moment they are published, subscribe at?www.kiamedia.com/us/en/newsalert.

* The Sportage (excludes HEV and PHEV models), Sorento (excludes HEV and PHEV models), and Telluride are assembled in the United States from U.S. and globally sourced parts.

(1 )Advanced driver assistance systems are not substitutes for safe driving and may not detect all objects around the vehicle. Always drive safely and use caution.

(2) Based on review of publicly available information found on Original Equipment Manufacturer (OEM) websites as of March 8, 2024

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SOURCE Kia America