KiaSubaru, Mitsubishi small crossovers top new crash test 12:01 am U.S. ET | May 16, 2013 The Subaru Forester and Mitsubishi Outlander Sport have won top honors from the Insurance Institute for Highway Safety, becoming the only small SUVs to ace the group's new "small overlap" crash test.... Read More »
Hyundai mulls 4th China plant, vice chairman says 2:31 am U.S. ET | May 10, 2013 Hyundai Motor is considering building a fourth car plant in China, its vice chairman said today, as the company seeks to increase production overseas to counter the effect of a firm local currency, a falling yen, and labor issues.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Kia Europe boss sees growth despite tough marketMay 9, 2013 06:01 CET Kia Europe President Brandon Yea believes the brand will continue its growth in the region this year despite tough economic conditions. Kia is sticking to its target of boosting annual sales to 420,000 by 2016 in the EU and EFTA markets from 338,000 last year. The brand's vehicle sales were up 3.5 percent in the first quarter in a market down nearly 10 percent.... Read More »
LATEST LAUNCHES Kia aims to conquer with new CarensMay 8, 2013 06:01 CET Kia aims to break European automakers' leadership in the medium minivan segment with its new Carens... Read More »
Hyundai chief blunts talk of new U.S. plant 1:22 pm U.S. ET | May 6, 2013 Hyundai Motor Group does not immediately plan to build a new car factory in the United States, Chairman Chung Mong-koo said today, downplaying speculation that the South Korean automaker would soon announce production facilities in the key market.... Read More »
Kia Q1 profit tumbles 35% on reduced production, won 9:10 am U.S. ET | April 26, 2013 Kia posted a 35 percent drop in first-quarter profit after production at its main domestic factories fell and the won strengthened against the yen.... Read More »
Kia prices Cadenza large sedan at $35,900 4:19 pm U.S. ET | April 19, 2013 Kia has set the starting price of its new range-topping Cadenza sedan at $35,900, including shipping, to target the high-end of the large sedan segment.... Read More »
Hot Hyundai-Kia hit icy patch in first quarter 12:01 am U.S. ET | April 15, 2013 Hyundai-Kia U.S. retail sales, excluding fleet sales, totaled about 248,900 vehicles in the first quarter, down 9 percent from last year. Meanwhile, major competitors all increased sales to retail customers.... Read More »
Hyundai-Kia raises fleet sales as retail sales slide 12:01 am U.S. ET | April 15, 2013 To counteract slumping U.S. retail sales, Hyundai-Kia Automotive ratcheted up deliveries of vehicles to fleet buyers in March.... Read More »
As Korea gets hot, automakers remain cool 12:01 am U.S. ET | April 8, 2013 The expressway from downtown Seoul to the city's auto show venue is lined with tank traps, barbed wire and guard towers. Mounting tensions with North Korea are a chilling reminder why. Automakers there have long factored this into their business plans.... Read More »
ASIA As Korea gets hot, carmakers stay coolApril 8, 2013 06:01 CET The expressway from downtown Seoul to the city's auto show venue is lined with tank traps, barbed wire and guard towers. Mounting tensions with North Korea are a chilling reminder why. Automakers there have long factored this into their business plans.... Read More »
Refining the Hyundai-Kia brand plan 12:01 am U.S. ET | April 8, 2013 Only two months into his new job as the first joint global design chief of Hyundai and Kia, Peter Schreyer is guarded about his burgeoning makeover plans. But this much, he says, is clear: The sibling brands need more distinct identities.... Read More »
Dealership regroups after the murder of a sales manager on the job 3:26 pm U.S. ET | April 5, 2013 Florida dealer A.J. Hiers and his staff are coming to terms with the violent death of a colleague killed on the job on March 30. John Pratt, 64, was murdered while test driving a vehicle.... Read More »
Kia eyes BMW, Audi; aims to add technologyApril 5, 2013 06:01 CET Not only is Kia benchmarking BMW and Audi; it is crawling out of the shadow of its bigger corporate sibling, Hyundai. Its new goal: model its own brand identity after Volkswagen's as it seeks to be mass-market yet one notch above the pack in terms of quality and flair.... Read More »
Hyundai to take 'global action' to fix brake light switchApril 4, 2013 06:01 CET Hyundai and its affiliate, Kia, will take "global action" to fix a potentially faulty brake light switch, after they said they planned to recall almost 1.9 million cars in the United States. The move may mean the world's fifth-biggest automaker ends up recalling even more vehicles than that number, Hyundai's U.S. record, and is a stark warning that it may have sacrificed quality standards for rapid expansion.... Read More »
Hyundai, Kia recall 1.7M vehicles for faulty brake switch 8:35 am U.S. ET | April 3, 2013 Hyundai Motor and Kia Motors are recalling vehicles in the United States to replace a faulty switch that can prevent brake lights from illuminating and trigger other problems. About 1.7 million vehicles are involved. It is the second major recall involving the stop lamp switch, following the callback of more than 500,000 Hyundai vehicles in 2009.... Read More »
Kia down again; March sales fall 15% 3:46 pm U.S. ET | April 2, 2013 Kia Motors America’s March sales tumbled 15 percent from the all-time monthly sales record set in March 2012, the company said today.... Read More »
Kia aims to add technology, protect quality 12:01 am U.S. ET | April 1, 2013 Not only is Kia benchmarking BMW and Audi; it is crawling out of the shadow of its bigger corporate sibling, Hyundai. Its new goal: model its own brand identity after Volkswagen's as it seeks to be mass-market yet one notch above the pack in terms of quality and flair.... Read More »
NEW YORK AUTO SHOW Some dazzled N.Y.; some blew their noses 12:01 am U.S. ET | April 1, 2013 As West Coast Editor Mark Rechtin considered the vehicles unveiled at the New York auto show, he encountered a design trait we're destined to see more of: Sleek, sloping hoods are being replaced with bulkier snouts and corners.... Read More »
2013 NEW YORK AUTO SHOW Kia bares its new Soul in New York 10:55 am U.S. ET | March 27, 2013 The redesigned Soul introduced by Kia today at the New York auto show has new sheet metal, a stiffer body, a longer and wider chassis and powertrains that deliver more torque. Kia also unveiled the 2014 Forte Koup, a two-door variant of Kia’s compact car, and a freshened Optima.... Read More »
RYAN BEENE Kia's challenge: Keep the heart in the Soul 12:01 am U.S. ET | March 26, 2013 It's an age-old problem: how not to screw up a smash hit when you design the successor. Thus close attention will be paid to the second-generation Kia Soul at the New York auto show this week.... Read More »
NEW YORK AUTO SHOW PREVIEW Show to star a cavalcade of crossovers and SUVs 12:01 am U.S. ET | March 25, 2013 A parade of new and redesigned crossovers and SUVs will headline the New York auto show this week. The list includes the Jeep Cherokee, which replaces the Liberty, and new renditions of the Acura MDX, Toyota Highlander and Range Rover Sport. Subaru will debut a hybrid version of its XV Crosstrek.... Read More »
FINAL ASSEMBLY Kia's challenge: Keep the heart in the Soul 12:01 am U.S. ET | March 25, 2013 It's an age-old problem: how not to screw up a smash hit when you design the successor. Thus close attention will be paid to the second-generation Kia Soul at the New York auto show this week.... Read More »
Detroit 3, Hyundai-Kia capturing larger share of youth market 3:04 pm U.S. ET | March 20, 2013 U.S. automakers and South Korean affiliates Hyundai and Kia are boosting their share of sales to younger U.S. buyers at the expense of Japanese brands, according to a pair of market researchers.... Read More »
U.S. fuel economy posts biggest gain since 1975 1:19 pm U.S. ET | March 15, 2013 The fuel economy of vehicles sold in the United States last year had the sharpest gains in almost four decades, with Honda Motor, Volkswagen AG and Mazda producing the most efficient fleets. An annual report by the EPA showed new cars and trucks had a 16 percent gain in fuel efficiency in the past five years, to 23.8 miles per gallon.... Read More »
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