A third of Kia cars were sold on credit in October

More than 4 thousand new Kia vehicles were purchased in October using Kia Finance loan offers, which accounted for over 32% of the total sales of the brand in Russia. According to the results of ten months of 2021, more than 50 thousand customers have used the offers of Kia Finance and partner banks, according to the press service of the Korean brand. Within Kia Finance, the most popular model is Kia Rio, which has 39% of the total number of loan agreements. As AUTOSTAT reported earlier, Russian dealers of Kia sold 16,027 cars in October, which is 24% lower than in the previous year.

According to the results of ten months of 2021, 175,756 Kia cars were sold in Russia, which is 9% higher than in the same period of the previous year. As a result, Kia remains the leader among foreign automakers in Russia, and the brand's market share was 13.4% versus 13.5% a year before, according to the AEB.