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Tag Archives: kia
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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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 →