Kia

Q&A

Hyundai needs a design hierarchy, Schreyer says

12:01 am U.S. ET | Nov. 28, 2014
Hyundai Motor Group President Peter Schreyer gave Kia a fresh, familywide look after being hired from Volkswagen Group in 2006. Now he's doing the same for Hyundai, for which he took design responsibility in 2012. Schreyer, 61, wants to give Hyundai the equivalent of Kia's "tiger nose" grille so all of the brand's vehicles have a familiar face.... Read More »

 

Hyundai-Kia says it will sell record 8 million vehicles globally in 2014

6:22 am U.S. ET | Nov. 24, 2014
Hyundai and Kia said better-than-expected sales in Brazil, China and India will help them sell a record 8 million vehicles this year, even as a stronger won erodes profitability.... Read More »

 

Mercedes, Mini top J.D. Power sales satisfaction rankings

1:00 pm U.S. ET | Nov. 13, 2014
Mercedes-Benz ranked highest in sales satisfaction among luxury brands in the J.D. Power 2014 U.S. Sales Satisfaction Index Study released today. For a fifth consecutive year, Mini ranks highest among mass-market brands, with a score of 727.... Read More »

 

Automakers adopt protocols to handle, protect consumer data in connected car era

12:01 am U.S. ET | Nov. 13, 2014
Hoping to harness customer data to offer more services without eliciting an outcry over the misuse of personal information, major automakers today agreed to industry-wide principles to handle consumer data and safeguard individual privacy going forward.... Read More »

 

Hyundai Motor, Kia to spend $616 million to buy back shares

7:14 am U.S. ET | Nov. 11, 2014
Hyundai Motor and Kia Motors will buy back a combined 670 billion won ($616 million) of stock after their purchase of a Seoul property for three times the assessed price spurred a sell-off.... Read More »

 

Hyundai, Kia vow to raise mpg 25% by 2020

12:01 am U.S. ET | Nov. 10, 2014
Hyundai and affiliate Kia Motors aim to raise the average fuel economy of their vehicles by 25 percent by 2020.... Read More »

 

Fleets give October a big boost

12:01 am U.S. ET | Nov. 10, 2014
Fleet volume sharply outpaced retail sales in October, turning what would have been a below-par sales month into an above-average one.... Read More »

 

Hyundai, Kia aim to raise fuel economy by 25% by 2020

7:08 am U.S. ET | Nov. 6, 2014
Hyundai and its affiliate Kia said today they aim to raise the average fuel economy of their vehicles by 25 percent by 2020 to meet emissions regulations in South Korea, the United States and Europe.... Read More »

 

Hyundai, Kia agree to $350M U.S. settlement over inflated mileage claims

10:45 am U.S. ET | Nov. 3, 2014
Hyundai and Kia have agreed to a settlement worth more than $350 million to end the government's two-year investigation into the inflated fuel economy ratings of some 1.2 million Hyundai and Kia vehicles.... Read More »

 

Kia Motors says president resigned over prolonged wage disputes

7:11 am U.S. ET | Oct. 31, 2014
Kia Motors said its president, Lee Sam-ung, has resigned to take responsibility for "enormous" production losses caused by recent strikes by its South Korean union during wage talks.... Read More »

 

Hyundai Europe to add ix25 small SUV, source says

Oct. 28, 2014 15:36 CET
Hyundai will sell a version of the ix25 subcompact SUV in Europe and the U.S. starting in 2017, a company source told Automotive News Europe. The move would give Hyundai a competitor in Europe's booming small SUV segment.... Read More »

 

Kia to build production version of GT concept

12:01 am U.S. ET | Oct. 20, 2014
Kia's GT concept, a four-door luxury coupe that turned heads at the 2011 Frankfurt auto show, will be produced for sale in the U.S. The new Kia halo car is expected to appear in 2017, according to a person familiar with the company's plans.... Read More »

 

Hyundai on a quest for capacity

12:01 am U.S. ET | Oct. 20, 2014
Hyundai needs a new assembly plant to keep up with crossover demand, says U.S. boss Dave Zuchowski. Until then, Hyundai will likely get production from sibling brand Kia's factories in Mexico and Georgia.... Read More »

 

Kia scores LeBron James as first 'luxury ambassador'

4:48 pm U.S. ET | Oct. 16, 2014
NBA superstar LeBron James, following his high-visibility return to the Cleveland Cavaliers this season, has signed on with Kia Motors America as its first luxury ambassador.... Read More »

 

Hyundai Motor to use cash to fund $10 billion land deal

7:17 am U.S. ET | Oct. 16, 2014
Hyundai Motor and its two affiliates will use cash to fund their 10.6 trillion won ($10 billion) purchase for a land site in Seoul, raising concern the companies will reduce shareholder payouts.... Read More »

 

Fleet adds little to Sept. sales gain

12:01 am U.S. ET | Oct. 13, 2014
Among the seven largest volume automakers, light-vehicle sales through dealerships rose 11 percent, while fleet was a mere 3 percent higher.... Read More »

 

Dealers turn to governments for incentives

12:01 am U.S. ET | Oct. 13, 2014
A small but growing number of dealerships are obtaining tax breaks or government funds in connection with their facility improvements.... Read More »

 

Toyota remains most valuable automotive brand

2:02 pm U.S. ET | Oct. 9, 2014
Toyota was named the best automotive brand worldwide for the 11th straight year, followed closely by Mercedes-Benz and BMW, in Interbrand's ranking of the 100 most valuable brands.... Read More »

 

Hyundai reaches wage deal with union after work stoppages

11:30 am U.S. ET | Sept. 29, 2014
Hyundai Motor reached a tentative wage deal today with its South Korean labor union, a union spokesman said, potentially resolving disputes that had dragged on longer than expected and led to partial strikes.... Read More »

 

Hyundai unions plan more strikes to protest $10B land deal

6:44 am U.S. ET | Sept. 26, 2014
Workers at Hyundai Motor Group pledged more strikes as the two carmakers and their biggest supplier finalized a $10 billion purchase of plum real estate in Seoul's ritzy Gangnam district for a new headquarters.... Read More »

 

Hyundai, Kia unions plan partial strikes after $10 billion land deal

7:06 am U.S. ET | Sept. 23, 2014
Labor unions at Hyundai Motor and affiliate Kia Motors are planning partial strikes after a record $10 billion bid to buy property in Seoul's Gangnam district.... Read More »

 

GABE NELSON

Hyundai's hubris -- $10B land deal backfires

4:08 pm U.S. ET | Sept. 22, 2014
Chung Mong-Koo sought to imbue Hyundai with Gangnam style. Instead, Hyundai Motor Group's $10 billion bid for a nearly 20-acre plot in Seoul's prestigious Gangnam district backfired on the company that Chung has elevated into a global powerhouse.... Read More »

 

Hyundai directors kept in dark on size of $10 billion land bid, report says

10:56 am U.S. ET | Sept. 22, 2014
Hyundai Motor and two affiliates did not seek board clearance for the size of their record $10 billion bid for a plot of land in Seoul, more than triple its appraised value, four board members of the companies told Reuters.... Read More »

 

Hyundai Motor's record $10 billion bid for trophy property alarms investors

11:33 am U.S. ET | Sept. 18, 2014
Hyundai Motor Group will pay a record $10 billion for the site of its new headquarters in Seoul's high-end Gangnam district, out-bidding Samsung Electronics and sparking investor concerns that it is wasting cash on a trophy property.... Read More »

 

Hot August sales shrivel inventories

12:01 am U.S. ET | Sept. 15, 2014
Strong auto sales in August drained dealer lots, pushing U.S. inventories to the lowest level in months.... Read More »

 

 
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