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...For Kia, only about 6 per cent of the vehicles traded in to purchase a new Kia are luxury models, according to Edmunds. But for the electric Kia EV6, 21 per cent of the trade-ins are luxury cars....
...Corporate earnings: Results are due from Samsung BioLogics, Kia Motors, LG Display, Indian Oil and Tata Steel....
...By focusing on sleeker sedans and compact SUVs that consumers can afford, the South Korean group and its sister brand Kia have together overtaken Ford and General Motors to claim second place in US electric...
...In South Korea, Kia Motors and LG Electronics publish third-quarter data, as do several large Chinese companies including Bank of Communications, China Merchants Bank, China Molybdenum, China National Nuclear...
...New York City on Tuesday sued Hyundai Motor and its affiliate Kia as the number of reported stolen cars made by the South Korean companies doubled last year due to their lack of anti-theft devices....
...New York City is suing Hyundai Motor and its affiliate Kia for negligence and creating a public nuisance over complaints about a “virtual explosion” of stolen cars blamed on a lack of anti-theft devices....
...In a US hybrid market mainly dominated by Toyota, Honda and the South Korean duo of Kia and Hyundai, domestic manufacturers are racing to catch up.Last month General Motors, which had largely phased out...
...Hyundai and its sister brand Kia have together overtaken Ford and General Motors to claim second place in US electric vehicle sales behind Tesla, with their market share set to grow once a new $7.6bn plant...
...Hyundai, which makes cars in China as part of a joint venture with state-backed BAIC Motor, declined to comment on its China business....
...Sung added that SK On stood to benefit from the rapid US growth of South Korean carmaker Hyundai, which together with sister brand Kia has overtaken Ford and General Motors to claim second place in US electric...
...Hyundai Motors on Wednesday raised its full-year earnings forecast after reporting a 42 per cent growth in second-quarter operating profit on robust sales of electric vehicles....
...Volkswagen has become the latest foreign carmaker to raise wages for US workers following significant pay gains won by the United Auto Workers in a six-week strike against Ford, General Motors and Stellantis...
...Made in KoreaKorean carmakers Hyundai and Kia are already major players in the affordable EV landscape internationally. Both have invested heavily in quality, electrification and design....
...General Motors chief executive Mary Barra said on Tuesday that the company’s EVs were priced correctly. Volkswagen declined to cut prices, as did Hyundai and Kia....
...South Korea’s Hyundai Motor, Kia Motors and Posco announce fourth-quarter results....
...There are at least a couple of international automakers in the lowest three tiers of investment grade that could be a source of concern (Hyundai and Kia, for example)....
...Hyundai Motor expects to post record earnings this year on strong sales of premium models including electric cars and sport utility vehicles, helped by the weaker local currency....
...Last year, EVs made up 15 per cent of all new car sales but those are skewed towards certain manufacturers, such as Tesla and Kia....
...New York is suing Hyundai Motor and Kia over a “virtual explosion” of car thefts after the companies failed to install immobilising devices on vehicles....
...“It’s chaos there now, with various factions pitted against one another,” said a fund manager who invests on behalf of the KIA....
...Hyundai Motor and affiliate Kia have taken over the number two spot, behind Tesla, in the US electric car market by sales volume this year....
...Although the Hyundai deal is by far the largest, Georgia’s Korean inflows gained speed in 2005, when Kia Motors announced a $1bn manufacturing plant in the small town of West Point, which acquired the nickname...
...In South Korea, it supplies all the local automakers including Hyundai, Kia and Edison Motors. Panasonic and LG meanwhile rub shoulders as Tesla’s main battery suppliers....
...Hyundai and its affiliate, Kia, have the second-highest share of the US electric vehicle market by sales volume, but they do not produce any EVs in the US, Canada or Mexico....
...Europe is no stranger to the breakthrough of Asian brands, having witnessed the arrival of Japan’s Toyota, Nissan and Honda in the 1990s, and then Korean labels Hyundai and Kia since 2000....
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