Carly Schaffner Reporter covering Honda, Hyundai, Kia and Mazda [email protected] 917-776-1255 See All Staff Page Recent Stories Mazda3, CX-30, CX-5 get new Carbon Turbo variants Mazda's Mazda3, CX-30 and CX-5 will offer new Carbon Turbo variants that get a turbocharged engine, standard all-wheel drive and distinct looks. Genesis GV70 production moves to the U.S. Genesis moved production of its top-selling GV70 to its factory in Alabama, making it the luxury brand's second model to be assembled in the U.S. Kia, Hyundai anti-theft software fixes a work in progress Kia and Hyundai have notified dealers that there are problems with a software fix that's being offered as a way to prevent vehicles from being hot-wired. Kia no longer just a value brand, says America CEO Sean Yoon Kia America CEO Sean Yoon said the company has gone through a transformative image overhaul, with new emphasis on crossovers and more disciplined incentive spending to improve consumer perception. Honda, Acura well positioned in 2023, says American Honda's Mamadou Diallo Mamadou Diallo, American Honda Co.'s senior vice president of auto sales, says Honda is on track to hit sales of 1.2 million in 2023 and Acura is aiming for 160,000 sales. Hyundai and Kia car theft fallout by the numbers The Korean automakers face a litany of legal and regulatory issues due to a wave of car thefts sparked by a TikTok video. Hyundai, Kia still under legal pressure after settling lawsuit over car thefts Despite Hyundai and Kia's agreement to a $200 million settlement in a class-action lawsuit, the automakers still face a heap of lawsuits and pressure from influential stakeholders. Hyundai and Kia settle lawsuit over vehicle thefts for $200 million Hyundai and Kia agreed to pay more than $200 million to owners of about 9 million vehicles that lack a crucial anti-theft device as part of a class-action lawsuit. Kia eyes Mexico factory expansion to build EVs, Nuevo Leon governor says The governor of Nuevo León, Mexico, claims Kia will invest $1 billion to upgrade its factory near Monterrey for production of two new EVs. Insurers sue Hyundai and Kia over costs of vehicle hot-wiring A crime wave targeting older Hyundai and Kia models not equipped with engine immobilizers could end up costing the insurance industry up to $600 million. April auto sales defy economic uncertainty Thanks to more inventory and rising incentives, consumers blew past higher interest rates and tightening credit to continue spending on cars and trucks. Fleet sales also played a large role in boosting April sales. Kia will push EV leasing to reap tax credit boon Kia will lean more aggressively into the Inflation Reduction Act provision that extends a $7,500 federal EV incentive to leasing customers. Lawyers, states bring more heat on Hyundai, Kia Attorneys representing Hyundai and Kia owners in a multidistrict lawsuit urge the Fed to pull the automakers in front of Congress to explain why it is not issuing a recall to install immobilizers on nearly 10 million vehicles on the road that lack the anti-theft devices. Car Pros dealership group emphasizes the human element of car sales Car Pros has a companywide training program centered around the human element of car sales. Hyundai, Kia plants could bring more EVs to U.S. ahead of Metaplant opening Hyundai Motor Group's production flexibility could be a key advantage to launching electric vehicles in the U.S. before its massive EV and battery plant in Georgia opens in 2025. Load More
Carly Schaffner Reporter covering Honda, Hyundai, Kia and Mazda [email protected] 917-776-1255 See All Staff Page