Hyundai, Kia’s market share continues to decrease in Chinese market – Hindustan Times Auto News

The sales of passenger cars including sedans, SUVs, and MPVs fell 13 per cent to 1,816,000 units and commercial vehicles fell to 28,000 units, just like last year.

Retail sales of Hyundai Motor Beijing fell 42 per cent year-on-year to 26,000 units in November, while that of Dongfeng Kia fell 30 per cent to 13,000 units.

Yet, the performance of the company in the world’s largest car market has continued to be sluggish, with only 69 units of the strategic EV model Mistra EV released earlier this year, and sold from March to September.

While Tesla and BYD sold 32,000 and 90,000 units respectively in November, their market share was at 1.7 per cent and 5.0 per cent respectively.

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