Kia posts record Q3 revenue on ecofriendly vehicle expansion

Kia posted a record third quarter sales revenue this year, driven primarily by aggressive sales of ecofriendly vehicles, expanding its market presence in key global markets, including the US, despite the downturn in industry demand. In a quarterly earnings release on Friday, Kia said in the July-September period, its revenue rose 10.1 percent to 31.6 trillion won ($23.69 billion). It marked the highest third-quarter figure on record. The increase was largely driven by rising sales of hybrid elec


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