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Kia outpaces market to become Europe’s fastest-growing top-10 automotive brand

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Kia significantly outperformed the European market in May, delivering 14.9% growth—nearly four times the market’s 3.6% increase (year–on–year)Market share gains across Europe highlight strong demand and accelerating consumer transition to electrified vehiclesWith one of the broadest and most advanced EV portfolios, Kia continues to be a top-performing volume brand in Europe.

FRANKFURT AM MAIN, Germany, July 2, 2026 /PRNewswire/ — Kia delivered 49,382 units in May 2026 particularly driven by outstanding sales in UK, Germany, Spain and Italy — thereby contributing to a standout 14.9% growth in one of the year’s most competitive sales periods, according to data released by the European Automobile Manufacturers’ Association (ACEA)*.  By comparison, the overall market grew by just 3.6%, with Kia expanding nearly four times faster.

Market share gains across Europe highlight strong customer demand and the accelerating transition to electrified vehicles. With one of the broadest and most advanced EV portfolios, Kia continues to rank among Europe’s strongest-performing volume brands.

Performance gains translated directly into share growth, with Kia increasing its Europe-wide share from 3.9% to 4.3%, and EU-only share from 3.6% to 4.1%. For the first five months of the year (January–May), Kia remains ahead of the market, growing 5.1% versus 4.1% overall.

“Sustained demand for Kia’s electrified portfolio is driving our growth ahead of the market” said Soohang Chang, President and CEO of Kia Europe. “Our success reflects the strength of our brand, our dealer network, and our customer-focused EV strategy. With one of Europe’s most comprehensive EV line-ups, we are delivering real-world efficiency, convenience and design that resonates with customers”.

Strong product momentum

Product performance remained robust, led by the Sportage, Kia’s best-selling model with 16,072 units, reinforcing its leadership across the C-segment.The Picanto ranked second (5,955 units), followed by the Stonic (4,868 units) and K4 (1,887 units).

Electrification drives growth 

Electrified powertrains continued to dominate market growth in May across the EU, EFTA and UK. Hybrid vehicles held the largest share at 35.5%, followed by battery-electric vehicles at 23.3%, which overtook petrol at 21.7%, while plug-in hybrids accounted for 10.7% of the market. This shift highlights the accelerating pace of electrification across Europe.

Kia recorded 15,443 battery-electric vehicle sales during the month, led by the EV3 with 4,770 units. The EV4, in both hatchback and sedan variants, achieved a combined 2,886 units, followed by the EV5 with 2,499 units and the EV2 with 2,464 units, just months after its launch.

Across all electrified powertrains (BEV, HEV, PHEV), Kia sold 30,995 units. The Sportage HEV led hybrids (6,869 units), while the XCeed topped plug-in hybrid sales (2,753 units).

Looking ahead

Kia is at the forefront of electrification in Europe, enabling customers to transition towards electrification by expanding its HEV lineup and delivering innovative, desirable and accessible EVs.

*Source: ACEA – for EU + EFTA + UK.  The European Automobile Manufacturers’ Association, based on aggregated data provided by national automobile associations, ACEA members, and S&P Global Mobility. 

 

 

About Kia Europe

Kia Europe is the European sales and manufacturing division of Kia Corporation – a global mobility brand that is creating innovative, pioneering, and leading sustainable mobility solutions for consumers, communities, and societies around the world. As a Sustainable Mobility Solutions Provider, Kia is spearheading the popularisation of electrified and battery electric vehicles and developing a growing range of mobility services, encouraging people around the world to explore the best ways of getting around.

Kia Europe, headquartered in Frankfurt, Germany, employs in total over 5,500 employees from 40 nationalities in 39 markets across Europe and the Caucasus. It also oversees European production at the company’s state-of-the-art facility in Žilina, Slovakia. Kia’s innovative products continue to attract great acclaim, notably the EV6 battery electric vehicle, becoming the first Korean car to be named European Car of the Year in 2022.

Further information can be found here: www.press-eu.kia.com

 

 

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Hexaware Recognized Among Top Providers in Whitelane Research UK & Ireland 2026 IT Sourcing Study

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Independent survey results reflect strong client confidence in Hexaware’s AI-led delivery and execution

LONDON, July 2, 2026 /PRNewswire/ — Hexaware Technologies (NSE: HEXT), a global provider of IT solutions and services, today announced strong results in Whitelane Research’s UK & Ireland 2026 IT Sourcing Study, where it was recognized as an Exceptional Performer for Overall Client Satisfaction in the UK and Ireland market.

Whitelane Research, an independent European research organization, runs one of the region’s most extensive IT sourcing satisfaction surveys, rating IT and cloud providers across key service towers and KPIs. The 2026 UK & Ireland study gathered feedback from close to 400 participants drawn from the top IT-spending organizations in the UK and Ireland, evaluated over 1,000 unique IT sourcing relationships, and assessed 37 IT service providers.

Hexaware’s key rankings in the study include:

#1 in Value for Money, reflecting strong value-for-money delivered to clients#2 in Overall Satisfaction and #2 in IT service provider performance satisfaction for Financial Services#3 in Application Services (IT Services Tower) and #3 in Service Delivery (KPI)

The results reflect continued client confidence in Hexaware’s AI-first, client-centric approach to technology services. Clients pointed to Hexaware’s strength in application services, its domain expertise in insurance, strong executive engagement, and a cooperative, team-oriented approach to account management. As enterprises in the UK and Ireland focus on cost efficiency, modernization and service resilience, Hexaware continues to help clients improve performance across technology operations, transformation and digital engineering programs.

“Client feedback is the clearest measure of service quality,” said R. Srikrishna, CEO & Executive Director, Hexaware. “These rankings validate our success in deploying AI at scale and driving continuous innovation to optimize key customer levers and deliver superior business outcomes.”

“The UK and Ireland remain a priority market for Hexaware, and this recognition reflects the confidence clients place in our teams,” said Parameshwaran Iyer, EVP & Head – Europe & UK, Hexaware Technologies. “We will continue to strengthen local capability and AI-led delivery across the region.”

“The Whitelane study is built on direct customer opinion across major sourcing relationships,” said Jef Loos, Head of Research, Europe, Whitelane Research. “Hexaware’s rankings point to competitive performance in areas clients assess closely, including overall satisfaction, service delivery, and price level.”

These results build on Hexaware’s strong performance in the previous UK & Ireland study, where the company ranked #1 in Overall Client Satisfaction and Application Services.

To learn more about the Whitelane Research UK & Ireland 2026 IT Sourcing Study, click here.

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose; to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes.

Learn more about Hexaware at https://hexaware.com.

 

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ATFX Brings Q3 2026 Trader Magazine into Focus on the Next Market Shift

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HONG KONG, July 2, 2026 /PRNewswire/ — ATFX Trader Magazine returns for Q3 2026 with a forward-looking analysis of the major themes expected to shape global financial markets in the coming months. As investors navigate a more complex and selective environment, this edition explores how geopolitical developments, shifting monetary policy expectations, and evolving market leadership are creating new opportunities and challenges across asset classes.

Q3 2026 Trader Magazine explores the balance between resilience and risk, helping traders understand the key forces influencing market sentiment, capital flows, and market direction.

Key Themes in the Q3 Edition

The Q3 Trader Magazine highlights several important developments expected to influence trading activity and investor behaviour throughout the quarter, including:

Middle East geopolitical developments, supply disruptions, and their impact on energy prices, inflation expectations, and broader market volatilityCrude oil market outlook, including inventory trends, supply constraints, demand dynamics, and potential scenarios for the quarter aheadPrecious metals analysis, with a focus on gold and silver as changing inflation expectations, interest-rate outlooks, and geopolitical risks reshape market sentimentDiverging central bank policies and their influence on currencies, interest-rate expectations, and global market sentimentGlobal equity market developments, including continued AI-driven growth, narrowing market breadth, valuation concerns, and the ongoing balance between bullish and bearish scenarios

Together, these themes provide a connected view of how macroeconomic developments and global events may shape market conditions in Q3.

“We expect that, at this critical juncture between bull and bear markets in Q3, we will require both analytical rigour and flexible strategic thinking, said Martin Lam, ATFX Chief Analyst for Asia Pacific.

From Market Analysis to Trading Perspective

The Q3 edition explores how changing market conditions may influence trading activity across asset classes by combining macroeconomic developments with technical analysis. Through an examination of market structure, prevailing trends, and potential scenarios, the magazine provides readers with a broader view of the factors shaping market conditions in the quarter ahead.

Download a copy of the Q3 2026 Trader Magazine here to explore the full analysis and insights across global financial markets.

About ATFX

ATFX is a leading global fintech broker with a local presence in 24 locations and holds 10 regulatory licences and authorisations, including the UK’s FCA, Australia’s ASIC, Cyprus’ CySEC, the UAE’s CMA, Hong Kong’s SFC, South Africa’s FSCA, Mauritius’ FSC, Seychelles’ FSA, Cambodia’s SERC and Colombia’s SFC. With a strong commitment to customer satisfaction, innovative technology, and strict regulatory compliance, ATFX delivers exceptional trading experiences to clients worldwide.

For further information on ATFX, please visit ATFX website https://www.atfx.com.

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SOURCE ATFX

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Daniel Hilkert Takes on Additional Role as Chief Product Officer at zvoove Group

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MUNICH, July 2, 2026 /PRNewswire/ — zvoove, the market leading software and AI solution provider for the temporary staffing, private security, and cleaning industries, today announced that Daniel Hilkert, Chief Commercial Officer, has taken on the additional role of Chief Product Officer (CPO). In his expanded position, Daniel will bridge commercial strategy and product development to accelerate zvoove’s AI-driven growth agenda.

 

The appointment reflects a new chapter in the value zvoove creates for its customers. For every euro a staffing or workforce company spends on software, it typically invests a multiple of it in the human work around it – from recruiting and payroll to scheduling and compliance. zvoove now addresses that full equation: AI agents that automate these workflows, alongside Business Process Outsourcing (BPO) services that deliver fully managed outcomes. Together, they give customers a direct path to higher revenue and stronger margins. Daniel will lead the product strategy to scale this model across the Group.

As the Chief Product Officer (CPO), Daniel will work closely with the zvoove CEOs and entrepreneurial teams across the zvoove club-of-entrepreneurs model, ensuring that commercial insight and product direction reinforce each other. His mandate spans guiding the portfolio of companies to capitalise on AI agent deployment, moving zvoove from selling tools to delivering measurable business outcomes for its 9,000 customers.

“This opportunity is the most significant growth lever we have in front of us”, says Oliver Muhr, CEO, zvoove Group. “Software has historically captured a fraction of the value it creates – AI changes that equation fundamentally. Daniel has both the commercial sharpness and the product instinct to lead this shift across our entire group.”

Daniel Hilkert, CPO, zvoove Group, adds: “We are at an inflection point where the value of AI in staffing and workforce management is no longer theoretical. The shift from human-operated software to AI agents that deliver outcomes – placing a candidate, generating a pay check, building a schedule – is happening now. I am thrilled by the chance to shape that future together with our entrepreneurs and product teams.”

About zvoove Group

zvoove Group is the industry leading provider of software and AI solutions for the temporary staffing, cleaning services and personal security industries. In the dynamic ecosystem of agencies and service providers, talent, and enterprises, zvoove digitizes and optimizes processes for more efficiency and competitive advantages. Through end-to-end digitalization for agencies and service providers, more job offers and career opportunities for talent and reliable workforce for enterprises zvoove improves the world of work. 

More than 9,000 customers trust zvoove Group. Today, they manage over 3 million workers, EUR 24 billion in annual payroll, and over 3 million applications per year via their platform. zvoove employs over 1000 people at 28 locations across Europe and Latin America. www.zvoove.com

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