Hyundai and Kia's combined sales in China fell below 10,000 units

Hyundai Motor Co. and Kia Corp. recorded a significant decline in their combined retail sales in China, falling below the 10,000-unit threshold for the first time. This milestone marks a continued downward trend for the South Korean automakers in the Chinese market.

The drop highlights ongoing challenges for the two companies as they navigate a highly competitive automotive landscape in China. The performance reflects a broader struggle to maintain market share against local and international rivals in the region.