Hyundai, Kia's Sept. sales fall 1.7% in September amid model shortage

Hyundai and Kia's combined vehicle sales in Europe fell 1.7 percent in September compared to the same month last year. This decline is attributed to a shortage of new models, particularly electric vehicles, in Hyundai's lineup. The sales drop is significant as it affects the companies' overall performance and competitiveness in the European market, where electric vehicles are becoming increasingly popular. The model shortage may impact Hyundai and Kia's market share and profitability in the long run.

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Hyundai and Kia's sales fell due to a model shortage. This could lead to decreased revenue and profitability for the companies.

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