For the past few years, Kia has been one of
fastest-moving global automotive brands. One of
only three auto brands to increase US sales each
of the past three years, sales are on the rise, even
in a difficult market like Europe. Although the
lineup is attractive to many cost-conscious
consumers, the brand has built a particularly
strong connection with Millennials and Gen Y
audiences. A more aggressive front end design
with the brand’s trademark tiger nose grille helps
give Kia an edge that attracts younger drivers and
also differentiates it from sister brand, Hyundai.
Kia is also promoting the connected life and is
appealing to younger segments through technology
and alignment with their lifestyles. The
automaker is not launching any new vehicles this
year, but plans to bring its flagship K9 sedan to
the US market. The K9’s premium position
should raise the profile of the Kia brand. Looking
ahead, Kia’s biggest challenges will be its
expansion efforts — opening new stores and
producing enough vehicles to meet demand.