Automotive industry company news
As the auto industry embraces advanced technologies in connectivity and active safety, the prospect of automated driving is being brought cl...
Kia is set to launch its fourth generation Sportage, which made its global debut at the 2015 Frankfurt show, across European markets in this...
Among those traditional automakers taking space at this year’s consumer electronics show (CES) – and stealing much of the limelight - were Audi, BMW, Ford, GM, Mercedes-Benz, Toyota, Hyundai-Kia and VW. Presentations from new names such as Faraday Future and potential disrupters Google and Apple gave the show an extra buzz. The accent was on personalisation of the driver experience via cloud connectivity, shared autonomous vehicles and even drone technology. In this month’s management briefing – the first of two parts – we draw on automakers’ plans for partial- and fully-autonomous cars to see what we can learn from it all. Our second part turns the spotlight on supplier ADAS innovations - from Autoliv to ZF TRW - that caught our eye in Vegas and Detroit over the past few weeks.
The really interesting stuff all happened as this week drew to a close - yesterday Volkswagen 'fessed up over the 'dieselgate' scandal and, today, Tata Motors' English luxury vehicle unit Jaguar Land Rover finally confirmed the location for its new manufacturing plant.
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.
"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.
Hyundai Motor Group has recently (re)merged separately run Hyundai and Kia units into one in China, according to a Korean report.
Domestic sales by South Korea’s five main automakers jumped by 20% to 145,815 units in May, from 121,497 units in the same month of last year, according to data released individually by the vehicle manufacturers.
Kia Motors America said the 2017 Sportage and 2016 Optima, when equipped with a compatible navigation system or UVO3, will be offered with Apple CarPlay compatibility during this second quarter of 2016.
Domestic sales by South Korea’s five main automakers continued to rise in April, up 4.2% year on year to 139,617 units from 133,935, according to data released individually by the vehicle manufacturers.
Domestic sales by South Korea’s five main automakers continued to grow strongly in March, by 11.7% to 148,848 units from 127,216 units a year earlier, according to data released individually by the vehicle manufacturers.
Kia Motors America (KMA) has launched a new generation of its UVO infotainment and telematics system, known as UVO Luxury Services.
Kia Motors and Total Lubrifiants have renewed their partnership agreement for another five years with Total remaining Kia's "preferred" aftermarket lubricants supplier exclusively across a network of 5,500 dealers in 180 countries - including west European markets from 1 January, 2017.
Kia Motors is planning to enter the Indian car market and supply it from a new car plant in India, according to media reports in India.
Hyundai Steel is ready to start operations at a new US$44m steel plant in Mexico this month.
The new vehicle market in Vietnam continued to expand in February, by over 16% to 11,168 units from 9,604 units a year ago, according to data released by the Vietnam Automotive Manufacturers Association.
An expected slowdown in new vehicle registrations did not materialise in New Zealand which saw a record 10,313 February new vehicle registrations last month, up 4.4% year on year.
As just-auto reported earlier, Kia Motors is to introduce Android Auto and Apple CarPlay for its entire European model range over the next 18 months.
New vehicle sales in China rose 7.7% year on year to 2.5m units in January, according to data released by the China Association of Automobile Manufacturers (CAAM).
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.
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....
Automotive Manufacturing in South Korea
Automotive Manufacturing in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2009-13, and forecast...
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