DAILY - UPDATED
Hyundai, Kia Back On Top In The Subcompact Car Segment (USA)
The new vehicle sales data for April 2015 has been released, and Hyundai, Kia are back on top of the sales charts in the subcompact segment.
It is the first time in 4 months that they have reached that lofty goal, knocking off the likes of Toyota, Honda, and Nissan in the process.
The numbers in question are for the US subcompact car market, where the Koreans were able to move a total of 11,010 units in the month of April.
Leading the way was the Hyundai Accent with 8,208 units sold, while the Kia Rio did its part by selling 2,802 units.
Kia Rio, Hyundai Accent take 25% market share in April
Those sales were enough to give the Koreans a 25% market share in the sub-compact vehicle segment, which is a rather impressive stat.
It also means that their market share continues on the upward spiral that started back in January when they held a 19% market share.
The Accent has proven to be a real winner for a Hyundai, and when you look at what it has to offer, it’s easy to understand why.
The Accent (Rio, too), which comes in a 4-door sedan and 5-door hatchback model, delivers 138-horsepower, 38 mpg, and an impressive collection of safety features that includes Vehicle Stability Management (VSM), Electronic Stability Control (ESC), and Traction Control System (TCS).
A Hyundai spokesman said that the company is delighted with the results, but they are also looking to further increase their market share by creating more new models in the segment (in the near future).