Hyundai and Kia posted single-digit gains in December on record U.S. demand for their growing stable of crossovers such as the Hyundai Palisade and Kia Seltos, while Genesis came to life with the launch of its first SUV after struggling with a three-sedan lineup and inventory problems for most of the year.
Hyundai posted an overall sales increase of 2.4 percent in December compared with the year earlier, but retail sales rose 12 percent. Fleet shipments, which remain weak but have improved as rental companies return to the market, fell 34 percent last month, the company said.
Kia, which shares parent company Hyundai Motor Group with Hyundai and Genesis, reported a 4.9 percent gain in volume last month. It also reported a yearly retail sales gain of 3.1 percent for its highest annual retail tally ever in the U.S., the company said.
Sales at upstart luxury brand Genesis rose 40 percent on the launch of the GV80 midsize crossover in lat…