Content overview: “Kia and Hyundai Set Q3 2026 Sales Records as EV Slump Deepens”. Kia and Hyundai achieved record third-quarter U.S. sales in 2026, defying broader industry headwinds. Kia reported its best Q3 ever, driven by strong demand for SUVs like the Telluride and Sportage, while Hyundai posted a 5% increase, led by the Tucson and Santa Fe. The Korean automakers' success contrasts sharply with the ongoing electric vehicle downturn, as EV sales fell across major brands, including Tesla, Ford, and GM.
High prices, charging infrastructure concerns, and reduced incentives continue to dampen consumer appetite for EVs. Meanwhile, traditional automakers like Toyota and Honda saw modest gains, but Stellantis struggled with double-digit declines for Jeep and Ram. The shift toward hybrids and plug-in hybrids is accelerating, as buyers seek a balance between efficiency and practicality. With EV inventories piling up and automakers adjusting production targets, the fourth quarter may bring further discounts and strategic shifts. For the complete material, the listing points back to the source inside the network.