Automotive industry company news
Kia is set to launch its fourth generation Sportage, which made its global debut at the 2015 Frankfurt show, across European markets in this...
The really interesting stuff all happened as this week drew to a close - yesterday Volkswagen 'fessed up over the 'dieselgate' scandal and,...
The Volkswagen group 'emissions scandal' rumbled on this week as more skeletons were rattled out of closets. There's bound to be a few more when the automotive equivalent of the Spanish inquisition starts internally, following this week's report that "around 50" employees have come forward just ahead of the deadline to testify in the group's internal investigation into the emissions controls cheating scandal. Employees had been given until Monday to come forward to testify without fear of repercussions - on the part of VW.
There are lots of things going on within the major car corporations that the public is not really meant to hear about – and for once we are not talking about the Volkswagen emissions scandal.
Frankfurt. Lots of new cars to read about. Lots of industry news to be told. So what did you ghouls read most? Natch, the report about the poor old BMW chief keeling over at their press conference, of course.
Kia will post a seventh successive record year for sales in Europe in just over two months’ time, with every confidence that there is more to come. We received an update on Kia’s Europe strategy at Frankfurt.
"In future, all energy will come as electricity." Those words are not from some environmental activist or soundbite politician, but from a senior figure within the auto industry, which perhaps makes them all the more surprising.
When Kia opens its new factory in Mexico next year it will have all the production capacity it needs for its short- and medium-term new model plans, says the company’s vice-president of overseas marketing, Soon Nam Lee.
Leading South Korean carmakers Hyundai Motor and Kia Motors said their combined sales in China fell by over 22% year on year to 122,486 units in January, according to preliminary data released by the companies.
Kia UK has announced specifications and prices for its new, expanded Sportage crossover range, reviewed by just-auto last week. The model is the automaker's top seller in the UK and the extent of the model line shows the options available to the various national sales companies operating across Europe.
Kia Motors began sales of the second-generation K7 full-size passenger car this week, following its official launch in South Korea earlier this month.
Kia has introduced a new sub-brand, ‘DRIVE WISE’, designed to encompass its future Advanced Driver Assistance Systems (ADAS) leading to autonomous drive vehicles.
Hyundai Motor and affiliate Kia Motors have set a combined global sales target of 8.13m units for 2016.
Hyundai Motor and Kia Motors last month were ordered to sell a combined 6.6% stake in affiliated steelmaker Hyundai Steel, worth around US$376m, to comply with local chaebol (family conglomerate) ownership regulations.
Hyundai Motor affiliate Kia announced on Tuesday it had shipped 15m vehicles to other markets, 40 years after starting exports.
Kia Motors has announced the completion of construction on its first manufacturing plant in Latin America located in the municipality of Pesquería in the state of Nuevo León, Mexico. The construction took just 13 months.
Kia has set out a new strategy for green cars that it says will expand its green car line-up from four to 11 models by 2020. It is also aiming to improve average fuel efficiency by 25% over 2014 levels.
Kia has announced its plans to introduce an all-new low emissions vehicle to its growing model line-up. It says the ‘Niro’ – labelled a Hybrid Utility Vehicle (HUV) – represents a new concept from the Korean car brand, and marks the development of Kia’s first dedicated eco-car platform.
Sales of new passenger vehicles in China jumped by over 13% year on year to 1.94m units in October, lifted by a sales tax cut at the end of September, according to the China Association of Automobile Manufacturers. The data covers sales of passenger cars, SUVs and MPVs but not commercial vehicles.
Vietnam’s new vehicle market continued to expand rapidly in October, with deliveries to dealers rising by 44% to 19,181 units from 13,324 units a year earlier according to data released by the Vietnam Automotive Manufacturers Association.
Hanon Systems, a provider of thermal solutions in automotive, plans to start production at a new plant in Monterrey, Mexico, to support the company's growth strategy and support major customer Kia.
Kia Motors America is recalling certain model year 2011-2013 Kia Sorento vehicles manufactured 19 October 2009 to 31 January 2013. In the affected vehicles, if excessive force is applied to the gear shift lever, the brake-shift interlock mechanism may chip or crack allowing the transmission being able to be shifted out of 'Park' without the brakes being depressed. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard (FMVSS) number 114, 'Theft Protection.'
Vietnam’s new vehicle market continued to steam ahead in September, with the Vietnam Automotive Manufacturers Association reporting a rise in deliveries to dealers of almost 49% year on year to 19,256 units compared with 12,948 units a year earlier. Sales in the first nine months of the year increased by close to 61% to 144,674 units, from 90,139 units previously, reflecting continued strong economic growth - driven by buoyant domestic consumption and manufacturing investment.
The Russian car market is continuing to decline sharply in the face of Russia's sharp economic recession. Sales of new passenger cars and LCVs in Russia decreased by 28.6 % in September 2015 to 140,867 units, according to data released by the Moscow-based AEB Automobile Manufacturers Committee.
Following the successful launch of the Soul EV late in 2014 in California, along with sales beginning in Georgia, Texas, Oregon, Washington and Hawaii earlier in 2015, Kia Motors America (KMA) has announced that it is expanding availability of its fully charged urban runabout into four new states: New York, New Jersey, Connecticut, and Maryland, bringing the total number of states selling the Soul EV to 10.
Hyundai Motor and affiliate Kia Motors have been fined US$28.9m by a US court for patent infringements related to hybrid engine technology. The complaint was made by Paice LLC, a Baltimore-based technology company established in 1992 by Russian native Alexander Severinsky.
Hyundai Motor is looking to strengthen its global dealer and distribution networks in response to slowing global sales this year. Volume fell by over 2.8% to 3,143,384 units in the first eight months of the year, mostly reflecting weakening demand in emerging markets - including China and Russia.
Kia will introduce nine all-new models between now and 2018 as it seeks to continue the momentum which will this year see it break the 3m sales barrier for the first time, including a record 385,000 in Europe.
Domestic sales among South Korea’s five main automakers increased by 14.6% to 120,400 units in August, from weak year-earlier sales of 105,085 units, according to data released individually by the vehicle manufacturers and compiled by just-auto.
E-hailing taxi company Uber is reportedly negotiating cheaper deals for new vehicles with Kia to boost its number of drivers fivefold in the Nigerian city of Lagos.
We're well used to China-only models from the long-established foreign automaker players there like Volkswagen and General Motors but now even the (relative) newcomers are getting in on the act.
A tale of Kia thievery in the papers today.
Kia Motors Corporation (000270) - Financial and Strategic SW
Kia Motors Corporation (Kia) is a Korean automobile manufacturer. It manufactures, and markets wide variety of motor vehicles including sport utility vehicles (SUVs), multi-purpose vehicles (MPVs), pa...
Kia Motors Corporation (Korea)
This report presents quick facts about Kia Motors Corporation, which is principally involved in the Manufacture and Distribution of Automobiles....
New Cars in Colombia
New Cars in Colombia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2009-13, and forecast to 2018). The prof...
- THE WEEK THAT WAS - Scion and Ford workers' chop
- Analysis - Bull market for Lamborghini
- F23 2 Series Convertible & future BMWs
- Q&A – Delphi Chief Technology Officer, Jeff Owens
- Interview with Harman Connected Car division
- New Ford plant for Mexico & Prius rival - report
- Geneva premieres list - 6.6-litre BMW world debut
- Auto vacancies due to UK skills shortage - report
- GM's Opel promises Europe a "revolutionary" EV
- VW Group quality chief leaves