Subaru, 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 »
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 »
Kia expects Slovakia output to dip after record 2012Jan. 10, 2013 14:01 CET  Kia said it plans to make 290,000 cars in Slovakia this year, which would be below its record of 292,000 units produced in 2012.... Read More »
How Kia plans to keep beating headwinds in EuropeNov. 26, 2012 06:01 CET  The weak European market is slowing Kia's growth plans in the region. A target of 3 percent market share, originally set for 2013 and then delayed to 2015, has been postponed to 2016 or 2017. Nevertheless, Kia Europe head of marketing Benny Oeyen expects the brand's European sales to rise 13 percent to a record 340,000 units this year.... Read More »
FROM THE CURRENT ANE PRINT ISSUE Are Korean automakers winning the right way in Europe?Nov. 14, 2012 06:01 CET  While struggling European carmakers reduce production and consider plant closures, Hyundai and affiliate Kia are reporting record sales. The Korean brands attribute buoyant sales to their lean organizations and modestly priced, desirable new cars. Others disagree.... Read More »
Kia profit misses analyst estimates as marketing costs riseJuly 27, 2012 11:49 CET  Kia reported second-quarter profit that missed analysts' estimates after the company increased marketing costs for new vehicles. Net income fell 2.8 percent to 1.1 trillion won ($965 million), compared with a revised 1.13 trillion won a year earlier.... Read More »
|
