KiaDetroit 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 »
Hyundai agrees to settle U.S. lawsuits over fuel efficiency 6:04 pm U.S. ET | Feb. 26, 2013 Hyundai has agreed to settle consumer lawsuits stemming from overstated fuel economy ratings for some 600,000 Hyundai vehicles sold in the United States. Financial terms of the tentative deal were not disclosed in a filing made by consumer attorneys in U.S. District Court in Los Angeles on Tuesday.... Read More »
Forte offers better ride, upscale touches 12:01 am U.S. ET | Feb. 18, 2013 Kia is banking on eye-catching looks, upscale features and major leaps in ride quality to give its redesigned 2014 Forte more of an edge in the cutthroat compact segment.... Read More »
MAKE MEETINGS -- KIA The key word at Kia meeting was 'more' 12:01 am U.S. ET | Feb. 18, 2013 Kia told a full house of dealers that more models, more advertising and more sales and service business are headed their way in the coming years.... Read More »
EPA looks to audit more mpg claims 3:54 pm U.S. ET | Feb. 13, 2013 A senior EPA engineer says he expects the government to more closely monitor automakers’ fuel economy ratings after Hyundai and Kia overstated mileage claims on some nameplates. Speaking at a University of Michigan conference today about the government’s 2025 fuel economy standards, Jeff Alson said the agency has always performed “routine audits” of the tests, which automakers conduct themselves.... Read More »
To beat DVR dodgers, Kia turns to sports 12:01 am U.S. ET | Feb. 11, 2013 If you're a sports fan, you're probably seeing a lot more TV advertising from Kia these days. The Korean brand has made sports a key part of its marketing plans in the last two years.... Read More »
CHICAGO AUTO SHOW Kia: 7-seater 'would fit very nicely' (and might look like this) 12:01 am U.S. ET | Feb. 11, 2013 The Kia Cross GT concept shows what a Kia seven-seater might look like. And it offers a glimpse of the brand's new design direction.... Read More »
DEALER COUNCIL LEADERS Fresh products will buoy Kia 12:01 am U.S. ET | Feb. 11, 2013 Kia dealers will face a more competitive marketplace in 2013 as Japanese and domestic brands ramp up marketing.... Read More »
Kia to dealers: Get ready for more 2:37 pm U.S. ET | Feb. 10, 2013 Kia asked dealers at its make meeting during the National Automobile Dealers Association convention here to “take a longer term view” of Kia's growth plans and get ready for bigger volumes.... Read More »
Q&A: DON HOBDEN -- KIA NATIONAL DEALER COUNCIL Kia dealer: 'We can sell everything that we can get' 12:01 am U.S. ET | Feb. 10, 2013 Despite a quiet year for new-product launches and some limited vehicle availability, Kia set another sales record in 2012. This year, things will be tougher. A more competitive marketplace where bigger brands are spending more on incentives will put pressure on Kia to maintain its sales momentum and market share.... Read More »
2013 CHICAGO AUTO SHOW Kia plans sporty, turbocharged Forte hatch 10:45 am U.S. ET | Feb. 7, 2013 Kia will add a 201-hp turbocharged engine in a new high-line trim to the five-door variant of its redesigned Forte compact when the hatchback arrives stateside in the third quarter.... Read More »
2013 CHICAGO AUTO SHOW Kia studies bigger crossover with Cross GT concept 10:45 am U.S. ET | Feb. 7, 2013 Kia's Cross GT concept revealed today at the Chicago auto show signals the brand's interest in offering a premium crossover larger than the Sorento.... Read More »
RYAN BEENE Sorting the winners, losers in Super Bowl commercial derby 4:28 pm U.S. ET | Feb. 6, 2013 Unless you’ve been living under a rock this week, you know the Baltimore Ravens won the Super Bowl. But which automakers’ commercials won the battle for the most eyeballs?... Read More »
VINCE BOND JR. How Twitter-verse viewed the auto industry’s Super Bowl spots 3:12 pm U.S. ET | Feb. 4, 2013 Automakers spent millions of dollars last night to be memorable. Automotive News’ 30,000-plus Twitter followers were eager to praise some commercials, while shredding others like wild dogs on fresh steak.... Read More »
Chicago Auto Show preview 12:01 am U.S. ET | Feb. 4, 2013 Toyota will make a big splash at the Chicago Auto Show this week with the introduction of its redesigned Tundra pickup. The full-sized truck will be positioned upscale, avoiding a direct face-off with the Detroit 3 pickups, say company sources.... Read More »
Super spots 12:01 am U.S. ET | Jan. 28, 2013 The 2013 Super Bowl next week will be super for automotive advertisers. As of late last week, eight auto industry players had confirmed plans to air 11 commercials during the big game for a total cost of an estimated $60 million. Advertisers are trying new ways to build buzz.... Read More »
REMARKETING Certified-used sales hit record in 2012 12:01 am U.S. ET | Jan. 28, 2013 Franchised dealers of all brands sold a record 1,834,746 certified used cars and trucks, a 5 percent increase over 2011, according to data compiled by the Automotive News Data Center and Autodata Corp. And certified-used programs aim to push forward this year.... Read More »
Hyundai, Kia earmark funds for mpg tab 12:01 am U.S. ET | Jan. 28, 2013 Hyundai Motor Co. said it set aside 240 billion won, or about $225 million, and its affiliate Kia Motors Corp. said it has set aside $187.1 million, to reimburse customers after saying in November that the companies overstated the fuel efficiency of some models in the United States, Bloomberg reported... Read More »
Kia Motors earmarks $187 million in costs on false U.S. mileage claims 8:06 am U.S. ET | Jan. 25, 2013 Kia Motors has set aside provisions of about 200 billion Korean won ($187.13 million) to compensate drivers in North America for its overstated fuel-economy claims, Joo Woo-jeong, a director at the automaker, said today.... Read More »
Hyundai Motor profits fall 5.5% in Q4 11:28 am U.S. ET | Jan. 24, 2013 Hyundai reported a 5.5 percent drop in quarterly net income after the won appreciated more than any major currency, reducing the value of overseas sales. Hyundai also said today it's setting aside 240 billion won ($225 million) as provisions to reimburse customers after announcing in November that the company and its Kia affiliate overstated the fuel efficiency of some models in the United States.... Read More »
Auto marketers flocking to Super Bowl 12:01 am U.S. ET | Jan. 21, 2013 Hyundai and Kia each will have two spots during the Super Bowl, the companies said here last week during the auto show. They join a pack of auto brands eager to reach the game's huge audience. So far Lincoln, Mercedes-Benz, Toyota and Volkswagen also have confirmed that they will advertise during the Super Bowl on Feb. 3.... Read More »
NORTH AMERICAN INTERNATIONAL AUTO SHOW Sizing up Detroit 12:01 am U.S. ET | Jan. 21, 2013 West Coast Editor Mark Rechtin -- our tireless chronicler of such things as "micro-cheese-grater" interiors and front ends that evoke "a dachshund snorting a gopher hole" -- walked the floor of the Detroit auto show gathering first impressions of new cars and concepts. Here's his take on the winners, losers and everything in between.... Read More »
NORTH AMERICAN INTERNATIONAL AUTO SHOW New Kia flagship targets top end of sedan market 12:01 am U.S. ET | Jan. 21, 2013 Kia hopes its new Cadenza flagship sedan will attract a growing number of buyers shopping in between mainstream and luxury segments. Pricing wasn't announced, but the Cadenza is likely to start above $30,000 when it goes on sale in the second quarter.... Read More »
Kia picks new agency to improve digital presence 1:52 pm U.S. ET | Jan. 17, 2013 Kia Motors America said today it has picked a new digital ad agency to revamp its online presence while the brand boosts spending on Internet and mobile marketing. Kia tapped Publicis Groupe-owned Denuo as its digital agency of record after bidding that took six months... Read More »
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Toyota's Lentz: Camry in a 'three-horse race'Toyota's Jim Lentz says the Camry will fend off main rival Honda Accord and upstarts such as the Ford Fusion... Mon., May 20» Watch the Video |
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