SEOUL, Feb. 13 (Korea Bizwire) — Kia Motors Corp., South Korea’s second-largest carmaker by sales, said Tuesday it is aiming to sell 150,000 units of the all-new K3 compact globally this year. Kia Motors said its target is to sell 50,000 units domestically and to export 100,000 vehicles to places like the United States and [...]
SEOUL, May 31 (Korea Bizwire) – Kia Motors Corp., South Korea’s second-largest automaker, posted record sales in Latin America this year, whose growth surpassed that of the Middle East and Eastern Europe, which are grappling with the economic slowdown, its report showed Tuesday. A total of 57,495 Kia cars were sold in Central and South [...]
“By 2016, Hyundai Motor will launch the Avante electric car and a hybrid model. Kia Motors will also unveil a K3 electric car by almost the same time.” “To become one of top-3 global brands, Korean automotive industry needs to step up its efforts to boost the domestic demand for the environmentally-friendly vehicles – as well as [...]
SEOUL, Oct. 8 (Korea Bizwire) – Hyundai and Kia Motor Group announced the cumulative car sales in China since 2002, when South Korea’s largest automotive group entered the world’s most populous country, recorded nine million units. According to the fifth largest motor group in the world, Beijing Hyundai and Dongfeng Yueda Kia, joint ventures with China’s local companies, sold [...]
SEOUL, Sept. 20 (Korea Bizwire) – Kia Motors’ “Soul” which was rated “poor” in a collision test last year drastically improved its crash-safety rating this year with new Soul 2015 model to “good.” The Insurance Institute for Highway Safety (IIHS) of the U.S. announced on September 16 the recent result of the small overlap test of [...]