South Korean automakers Kia and Hyundai have reported their highest-ever third-quarter sales figures, marking a strong performance in the global market. Meanwhile, the broader electric vehicle sector faces a downturn, with sales declining across manufacturers as demand softens. Industry analysts are closely watching whether this shift reflects broader consumer trends or temporary market fluctuations. The contrast between traditional automakers' gains and EV struggles highlights evolving priorities in the automotive industry.
Kia and Hyundai set new third-quarter sales records, while electric vehicles continued to suffer from slumping sales across the board.
