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Tag Archives: kia
Toyota Joins IONNA EV Charging Network in North America
IONNA and Toyota Motor North America (NYSE: TM) said today announced that Toyota has joined seven other automakers as an investor in IONNA* to support the build-out of its charging network for battery electric vehicles (BEVs) across North America. This … Continue reading
Posted in news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, BMW, general motors, honda, hyundai, IONNA, Ken Zino, kia, mercedes-benz, Stellantis, Ted Ogawa, toyota
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Seven Automakers to Build North American Charging Network
The awakened policy shift from partisanship toward cooperation in saving the planet for the pernicious effects of climate change, aka global warming, is the latest beneficial result of the Biden Administration’s Inflation Reduction Act, which in part is using once eschewed and mocked national industrial policy to effectively serve all – as in We the People – in the US. The socialist aspects of the policy also have larger global benefits as well. Continue reading
Hyundai Motor Group, SK On Approve US Battery Cell JV
In November 2022, the Group signed a memorandum of understanding (MOU) with SK On to secure EV battery supply for North America. The total investment amount for the joint venture is expected to be ~$5 billion, with the Group and SK On each holding a 50% stake. Continue reading
Hyundai Motor, Michelin MoU to Develop Tires for Premium EVs
It appears a prime motivator of the new research is on tire performance to accommodate the increases in vehicle weight that will occur as automakers rush to convert or spawn EVs in the utility vehicle and luxury segments, which generally speaking are larger and less efficient than their counterparts in the more modestly priced car segments. As the size, weight and range of EVs continue to increase, so do the demands placed on the tires. Continue reading
Hyundai Motor Group to Build EV and Battery Plant in Georgia
The new plant represents an investment of ~$5.54 billion. Commercial production to begin during the first half of 2025 with annual capacity of 300,000 units. With the additional EV and battery production capabilities, the Group aims to become one of the top three EV providers in the US by 2026. Continue reading
Hyundai Motor, Kia to build American-made Electric Vehicles
Hyundai Motor will offer a line of American-made electric vehicles to U.S. consumers starting next year. Hyundai and Kia will monitor the market conditions and U.S. government EV policy to finalize its plan to enhance its U.S. production facilities and gradually expand its local EV production. Continue reading
Kia Dealers Offer Three Months of Sirius on Used Vehicles
Sirius XM Radio and Kia dealers will give customers a three-month subscription when buying used vehicles equipped with satellite radio. Participating Kia dealers join more than 9,000 auto dealers across the country enrolled in the SiriusXM Pre-Owned Vehicle Program. Continue reading
Posted in aftermarket, auto news, marketing
Tagged auto informed, autoinformed.com, automotive news, Ken Zino, kia, satellite radio, siriusxm
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Toyota, Honda Post Huge September Sales Gains, Nissan Stalls
Worrisome for competitors were increases in market share of 2.6% at Toyota, and 1.2% at Honda year-over-year, according to AutoData. Each percentage point in share is worth roughly $1 billion dollars in profits, according to an old industry rule of thumb. Left as road kill was Nissan whose share dropped more than 1% with sales of 92% units. Continue reading
Posted in auto news, marketing, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, honda, hyundai, imports, Ken Zino, kia, nissan, results, september sales, toyota
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Japanese Big 3 – Toyota, Honda, Nissan – Sales Up in May
Toyota Motor came close to displacing Ford Motor from its assumed Number 2 spot in the U.S. by posting monthly sales of 202,973 – within a rounding error of Ford’s 215,699 and firmly putting Toyota in the Number 3 sales spot for the year-to-date. The other Japanese powerhouse members were also back in shape. American Honda posted sales of 134,000 (576,000 ytd) easily ahead of the Nissan at 92,000 (485,000 ytd). With a new Accord and Altima due this fall, the family car market is about to becomes more competitive than it has been in years, which is good for buyers but might leave weaker and older entries as road kill. Continue reading
Posted in auto news, marketing, results, sales
Tagged auto informed, autoinformed.com, automotive news, BMW, CX-5, honda, hyundai, Ken Zino, kia, lexus gs, may sales, mazda, mercedes-benz, nissan, results, Skyactiv, toyota, volkswagen
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Kia Adds Carfax Vehicle History Reports to Used Cars
Kia’s decision means that 32 manufacturer brands that have chosen Carfax for their Certified Pre-Owned vehicles. Continue reading
Posted in aftermarket, news analysis, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, carfax, Ken Zino, kia, kia used cars, used cars, vehicle history reports, zino
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President Obama and South Korean President Lee Defend Korean FTA at a Michigan General Motors Small Car Plant
President Barack Obama and South Korean President Lee Myung-bak toured the General Motors Orion Assembly Plant on Friday and spoke to several hundred workers and guests in support of the pending U.S-South Korean Free Trade Agreement. The rally came as U.S. long term unemployment remain at record post Great Depression levels. Korea is the fifth largest producer and fourth largest exporter of motor vehicles in the world, and – up to now – its car market has been closed. Continue reading
Posted in auto news, economy, labor issues, news analysis, people, results, sales
Tagged auto informed, autoinformed, autoinformed.com, chrysler, Ford, GM, hyundai, Ken Zino, kia, Korean free trade agreement, Korean fta, president obama, trade imbalances, u.s trade deficit, uaw, unemployment, zino
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Obama Administration Submits Controversial FTAs to Congress. Largest Loss of Jobs since NAFTA Coming?
The AFL-CIO said the “The Korea agreement is the largest offshoring deal of its kind since NAFTA. If enacted, it likely will displace 159,000 U.S. jobs, mostly in manufacturing. And its glaring loopholes would allow unscrupulous businesses to import illegally labeled goods from China and possibly even from sweatshops in North Korea—potentially without any tariffs at all.” Continue reading
Posted in auto news, economy, fools 'n frauds, labor issues, manufacturing, people, transportation
Tagged afl-cio, auto informed, autoinformed, autoinformed.com, cwa, eu korean fta, Ford, fta, hyundai, jobs, Ken Zino, kia, Korean free trade agreement, Korean fta, richard trumka, trade, trade imbalances, u.s trade deficit, uaw, unemployment, usw, zino
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Kia Recall on Sorento Passenger Airbag Trails Service Bulletin
A Kia recall is now active for model year 2007-2008 Sorento passenger cars manufactured from June 15, 2006 through November 27, 2007. The safety recall is prompted by a National Highway Traffic Safety Administration (NHTSA) analysis that showed complaints about the passenger side airbag were higher than those of other vehicles. The Korean maker Kia disagreed, but has recalled the Sorento to prevent a dispute with NHTSA and it obvious negative effects on its quality image.
Posted in auto news, quality, recalls, safety
Tagged airbag recall, auto informed, auto news, autoinformed, autoinformed.com, automotive news, computer recall, Ken Zino, kia, kia recall, kia sorento recall, zino
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IONNA Breaks Ground on So-Called Rechargery for EVs
IONNA, a charging network founded by eight automakers – BMW, General Motors, Honda, Hyundai, Mercedes-Benz, Kia, Stellantis and Toyota – announced today the ground breaking for the first IONNA ‘Rechargery.’ It is remaking a historic district gas station into an EV charging station in Apex, North Carolina. AutoInformed notes the irony, and also that the town was built around a railroad steam engine refill pond, which the workers dubbed Apex. Continue reading →