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Hyundai & Kia take second place after Tesla in US EV sales

Teslarati

South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which holds the fourth-largest share in the US car market.

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Kia reveals plans for an all-new modular vehicle at CES 2024

Teslarati

Kia revealed its plans to release an all-new modular vehicle at CES 2024. At CES 2024, the automaker presented the Kia Concept PV5. The Kia Concept PV5 is a modular van based on videos of the vehicle. Kia’s presentation revealed that the Concept PV5 is a versatile van with many uses, including ride-sharing services.

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Hyundai Metaplant America to boost its EV sales in the US 

Teslarati

Hyundai Motor Group’s Metaplant America (HMGMA ) in Georgia will likely boost its electric vehicle (EV) sales in the United States. Hyundai Motor Group is investing $7.59 Hyundai Motor Group was second in EV sales last year thanks to its Hyundai and KIA brands. billion in HMGMA.

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GM becomes top automaker in the US, but its EV sales lag competitors

Teslarati

General Motors (GM) has announced its Q4 auto sales, showing that it has become the top automaker in the United States for 2022. As the company has become the largest auto seller in the United States, it has finally begun its electrification process with more gusto.

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April auto gross sales defy financial hesitancy

Baua Electric

.” Regardless of buying groceries process, affordability extra a priority. Chris Hopson, most important analyst at S&P World Mobility, stated the “unsteadiness” within the economic system shall be mirrored in auto gross sales, and volatility is most probably within the coming months. Honda Motor Co.,

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Hyundai sets massive sales growth target propelled by new EV offerings

Teslarati

Over the past two decades, Hyundai Motor Group has become a sizable competitor in the automotive industry. It is now a leader in affordable offerings and electric vehicles, along with the likes of Ford. According to Reuters , Hyundai Motor Group is already a massive seller of vehicles globally, selling 6.85

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Mitsubishi Mirage to Be Discontinued by 2025

The Truth About Cars

Despite fuel prices and an economy that seems poised to bolster the sale of value-focused cars, the United States is losing another one. liter (making just 78 horsepower and 74 pound-feet of torque), still makes the little hatchback incredibly affordable to own. Mitsubishi is reportedly discontinuing the Mirage by 2025.