20.2% > than the previous record setting November 2023 results! Wayne Gerdes – CleanMPG – Dec. 3, 2024 Kia announced it sold 70,107 vehicles within the US in November, up 20.2% over the 58,338 sold in November of 2023. 2024 YTD US sales of 723,185 were up 0.1% over the 722,176 sold through the same period of 2023. 2025 Kia EV6 Kia's SUV and EVs experienced significant sales growth, with increases of 38% and 45% respectively compared to November of 2023. Individually, the all-electric EV6, Sportage (combined ICE, HEV and PHEV), and K4/Forte set new November records, up 46.3%, 27.6%, and 11.7%, respectively, over November of 2023 sales. In addition to the monthly sales performance, at this year’s LA Auto Show, Kia America revealed a significantly refreshed Kia EV6 featuring updated front and rear designs, enhanced premium interior touches, and newly packaged trim levels and added features and amenities. In a nutshell, an OEM that updates their halo EV – the EV6, with a larger pack providing more range, new fascia’s front and rear, a new OS behind the infotainment system, updated Digital Key 2.0, NACS Charge port, and basic V2G capability in a std. refresh shows just how fast this company is moving. And they are not going to stop!
Hi All: I am not sure where Cox received their sales numbers but they are great at pulling sales from actual registrations, state by state. In any case, the new-vehicle seasonally adjusted annual rate (SAAR) greatly improved in November, reaching the best level since May 2021. This growth was entirely attributed to retail, with a marked decrease in sales into fleet relative to the overall market. The average transaction price (ATP) of new vehicles rose to an estimated $48,724 in November, a 1.5% increase from October and a 24.3% increase since November 2019, according to KBB data. At the same time, incentives from manufacturers increased 4.2% month over month, reaching a high of $3,914 since March 2021 but remaining below November 2019’s level. U.S. auto sales in November 2024 beat expectations. While initial forecasts anticipated a sales pace of 16.0 million with a volume of 1.32 million vehicles, the latest data suggests the industry is on track to hit a SAAR of 16.5 million – the strongest pace in over three years. Robust incentives and discounts are playing a pivotal role in boosting sales as well. Incentive spending in October surged by 60% year over year, reaching its highest level since early 2021. November likely saw even deeper discounts, coupled with improved financing offers and rising inventories. Wayne
Sales of the Niro are off for the month and for the year. Dec 2024 - 1,624 vs Dec 2023 - 2,366 YTD 2024 - 28,302 vs YTD 2023 - 33,859 Not terrible overall - about on par with the EV6 in December - but not a big part of the overall sales figures. Not surprising, though. The Niro is not supported by any killer-deal programs. Another issue is that they fiddled with the trim and equipment mix and made it too expensive for what it is. And Kia dealers are still packing the vehicles and asking over sticker. Hyundai is eating their lunch because you can buy a Niro in Elantra Hybrid form with lower rate financing or a generous rebate. Those stopping at a Kia retailer to see the Niro will be flipped into a Sportage because they're about the same payment when you get the lower finance rate on the Sportage.
Well, being an efficiency-minded person who had done their homework before stepping foot in a dealership, I was never interested in the Sportage over the Niro (also I don't do financing), and the Elantra doesn't come as a PHEV. But I agree, Kia is not promoting the Niro in any useful way. Now the Kia EV3 will likely take over the Niro EV spot.
Dealers are in business to sell cars. They will stock more of the models that offer higher margins. The Niro has almost no support from the manufacturer and so dealers aren't stocking too many. No stock = no sale. People want to walk in and drive out. There are plenty of people who do their legwork to find a car, negotiate, etc - but they are in the minority and there aren't enough of them to move the needle on the dealer's overall profits for the month. As of today - 12/29/24, there are 18 PHEV Niros within 50 miles of me. There are 180 PHEV Sportage within the same 50 miles. And 197 more are Sportage HEV. For better or for worse, the market has spoken. I'm not sure the EV3 will make it to the US, considering the direction the EV market it heading. Even if they do decide to build it in Savannah and market it here, dealers aren't going to want too many of them parked on their property as lot statuary. There are whispers of a Seltos hybrid in the next generation - coming in about a year - but nothing about a PHEV version.
