The Hyundai Solaris and Kia Rio have become the best-selling cars in Russia

 

The Hyundai Solaris and Kia Rio manufactured in St. Petersburg in Russia became the best-selling cars on the Russian market in 2016. In the first nine months of the year, the Hyundai Solaris was sold at 66,602 units and the Kia Rio to 62,278 units, ahead of LadaGranta, LadaVesta, VW Polo and Renault Duster.

The Solaris and Rio share platforms, engines and bodies. The Solaris is a 2010 Hyundai Accent slightly modified, while the Rio is the same car rebadged under the brand Kia, so very different from Rio models marketed in Europe and Korea.

The plant in Saint-Petersburg, which produces them since 2011, has reached a peak of 237,000 vehicles manufactured in 2014 (126,000 Solaris and 111,000 Rio), and then the volume of production fell to 163,000 units in 2016 due to the fall of the Russian market in 2014, 2015 and 2016.

Despite this decline, Solaris and Rio account together for 16% of the Russian market in 2016, compared to 17% in 2014 and 18% in 2015. It is mainly thanks to these two models that Hyundai and Kia became respectively  the second and third leading brands in Russia, behind Lada (Autovaz) but ahead of Renault, Nissan and Toyota, with a market share of 10% and 10.5% respectively.

The Hyundai-Kia group thus owns 20.5% of the Russian market in 2016.

16-26-6   

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