Search result for Kia
S. KOREA’S AUTOMOBILE EXPORTS ROSE TO 53% IN APRIL
Highlights –
- S. Korea’s automobile exports rose to 53% in April.
- In April, S. Korea’s outbound shipments of automobiles reached 188,293 units.
- Hyundai Motor Co. saw its exports jump 40.3 percent in April.
- SsangY...
CHIP SHORTAGE LEADS HYUNDAI & KIA TO SUSPEND FEW ASSEMBLY LINES
Highlights –
- Chip shortage leads Hyundai & KIA to suspend few assembly lines.
- Hyundai Motor said that it will halt the No. 5 Ulsan plant that produces Tuscon and Nexo.
- KIA will suspend the No. 2 Sohari plant that makes Stonic.
HYUNDAI, KIA ESTIMATES COMBINED Q1 NET PROFIT TO RISE
Highlights –
- Hyundai, KIA estimates combined Q1 net profit to rise.
- The two carmakers estimate solid earnings over robust sales of SUV and high-end models.
- Hyundai expects a net profit of US$1.18 billion in the first quarter. <...
KIA CORP. LAUNCHES NEW K8 SEDAN IN SOUTH KOREA
Highlights –
- Kia Corp. launches new K8 sedan in South Korea.
- The car company also showed its new brand logo.
- The new K8 sedan is said to be equipped with advanced safety features.
- The company is said to have received 24,000...
HYUNDAI TO ESTABLISH HIGH-SPEED CHARGING EV CHARGING STATIONS
Highlights –
- Hyundai to establish high-speed charging EV charging stations.
- The charging infrastructure will be under the name of “E-pit”.
- The charging stations will be able to charge 80% of their EV battery capacity in 18...
S. KOREA’S EXPORTS OF AUTOMOBILES INCREASE BY 35 PERCENT IN FEBRUARY
Highlights –
- S. Korea’s exports of automobiles increase by 35 percent in February.
- In February, outbound shipments of automobiles were 161,886 units.
- Hyundai saw overseas sales increase by 40.4 percent in terms of units. ...
RETAIL SALES OF KIA MOTORS INDIA GREW BY 45 PERCENT IN JAN 2021
HIGHLIGHTS
- In JAN 2021, Kia Motors India retailed the Kia Carnival, Kia Seltos, and Kia Sonet.
- In New Delhi, the starting price of Kia Sonet is priced between Rs 6.79 hundred-thousand.
- The Kia Seltos has a starting price of Rs 9.89 hundred-...
6 UPCOMING CARS IN INDIA ARE NOT SUVS
HIGHLIGHTS
- India is a strong market for cars especially SUVs.
- Six new cars are releasing in India but they are not SUVs.
Along with the craze, the market for Sports Utility Vehicles (SUVs) is increasing in India. However, India is st...
S. KOREAN COLLECTIVE CARMAKER’S SALES ON SUVs ROSE 4.8 PERCENT IN JANUARY 2021
Highlights –
- S. Korean collective carmaker’s sales on SUVs rose 4.8 percent in January 2021.
- The data is by Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung Motors Corp., and SsangYong Motor Co.
- Domestic sales of the ...
3 KIA CARS COMING TO INDIA IN 2021
HIGHLIGHTS
- Three Kia cars are releasing in India in 2021.
- The new cars have been named as Kia Carnival, Kia Sorento, and Kia Seltos EV.
In the New Year 2021, three new Kia cars are going to be launched in India. The description of th...
HYUNDAI AND KIA EXPECT TO POST DOUBLE-DIGIT GROWTH IN Q4 OPERATING PROFIT
Highlights –
- Hyundai and Kia expect to post double-digit growth in Q4 operating profit.
- Hyundai is likely to post an operating profit of 1.71 trillion won in Q4.
- Kia is reportedly expected to post 4.4 percent to 16.82 trillion won.
KIA CORP. BY 2027 PLANS TO LAUNCH NEW 7 ELECTRIC VEHICLE PLATFORMS
Highlights –
- Kia Corp. by 2027 to launch electric vehicle platforms.
- The new EV platform is called the electric-global modular platform (E-GMP) and will be released in the first quarter.
- The company plans to boost its EV lineup with 1...
HYUNDAI AND AFFILIATE KIA MOTOR REPORTS FALL IN U.S VEHICLE SALES IN 2020
Highlights –
- Hyundai and affiliate Kia Motor reports fall in U.S vehicle sales in 2020.
- Hyundai and Kia combined sold 1,208,374 vehicles in 2020.
- The carmakers' overall sales fell by 12 percent to 6.35 million units from 7.19 mill...
KIA MOTOR UNION WORKERS AGREE TO ACCEPT NEW THE ANNUAL WAGE DEAL
Highlights –
- Kia Motor union workers agree to accept the new annual wage deal.
- The company has also agreed to restore the 25-minute extra work system.
- Around 58.6 percent of the union workers agreed to the management’s proposals...
KIA MOTOR UNION AGREE ON TENTATIVE WAGE DEAL DUE TO THE PANDEMIC
Highlights –
- Kia Motor union agree on a tentative wage deal due to the pandemic.
- The company had proposed the wage system, and its 30,000 labor union members accepted the proposal.
- The tentative deal will be put up for a vote next Tue...
KIA MOTORS RECALL 295,000 U.S. VEHICLES FOR ENGINE FIRE RISKS
Highlights
• The recall covers some 2012-2013 model year Sorento, 2012-2015 Forte and Forte Koup, 2011-2013 Optima Hybrid, 2014-2015 Soul, and 2012 Sportage vehicles
• The engine compartment for fuel or oil leaks will be inspected by the dealers along with performing...
HYUNDAI MOTOR CO. AND KIA MOTORS ASSUME FOURTH PLACE IN GLOBAL EV SALES
- Hyundai Motor Co. and KIA Motors Corp. have been placed fourth in global electric vehicles in the January-September period of 2020.
- Market Research Company SNE Research said on Nov. 23 that Hyundai and Kia sold an aggregate total of 130,000 electric vehicles, including pure ele...
KIA MOTOR’S ‘e-NIRO’ BECOMES BEST-SELLING ELECTRIC CAR IN UNITED KINGDOM
Highlights:
- The e-Niro model of the Kia Motors company becomes the best-selling electric car in the month of October 2020 in United Kingdom
- The company Kia Motors has announced that, the company has recorded its best-ever quarterly sales during the th...
KOREAN INDUSTRIES TIGHT-LIPPED TO OUTCOME OF US PRESIDENTIAL ELECTIONS
- As the world elatedly watches the razor-sharp US presidential election unfold to a lot of uncertainty ahead, Democrat candidate Joe Biden appears to have the upper hand, as of Thursday here.
- South Korean industries have remained pensive for either scenario, with prospects gyrat...
HYUNDAI ELECTRIC TO DIG DEEPER INTO SUSTAINABLE ENERGY MARKET WITH PACIFICO ENERGY KOREA
- Hyundai Electric & Energy Systems Co. said Wednesday it will dig deeper into the renewable energy market in cooperation with Pacifico Energy Korea, a South Korean unit of US Pacifico Energy.
- Under the preliminary deal with renewable energy developer Pacifico Energy Korea, H...