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Kia is paying dealers to sell EVs – that could mean deals for buyers

Baua Electric

Photo: Kia Kia is paying its dealers up to $1,500 in flat payments for each EV sold in April, so buyers, there may be good prices to be had. Through April 30 , the Kia April 2024 Dealer Flat Cash Program will pay dealers $1,500 for every EV6 GT sold and $1,000 for every 2023 Kia EV6 sold. Get started here. –

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. Hyundai’s second dedicated EV, the IONIQ 6, saw sales surge 1,542% in Q1 to 3,646.

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Kia has its first customer for its funky Duplo-like EV: Uber

Baua Electric

Kia’s new modular electric vehicle concept – that goes from micro-car to minivan to small truck to full-sized van – introduced at CES has its first customer: Uber. Kia and Uber have signed a memorandum of understanding to use Kia’s new vehicles for ride-hailing. FTC: We use income earning auto affiliate links.

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April auto gross sales defy financial hesitancy

Baua Electric

Stated Zack Krelle, an analyst with TrueCar: “Interest rates on vehicle loans appear to be plateauing as manufacturers offset higher financing costs with increased APR-based relief.” Hyundai and Kia each posted beneficial properties for the ninth-straight generation. Honda Motor Co., building up in April.

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Toyota overtakes Kia in unedited rating of U.S. stock potency

Baua Electric

The index’s April effects display Toyota overtaking Kia to say the manage spot. Kia have been the constant business chief in stock potency for greater than a day, in keeping with Rick Wainschel, Cloud Concept vp for knowledge science and analytics. with Kia touchdown in 2d park at 153.8. Toyota earned a rating of 156.9,

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Rivian (RIVN) R1S cracks top 5 best-selling EVs in Q4 just as EV leasing heats up

Baua Electric

According to data from auto research firm Kelley Blue Book , Rivian handed over nearly 24,800 R1S models in 2023. New data from Xperian’s State of the Automotive Finance Market Report Q4 2023 shows Rivian’s electric was the fifth best-selling EV in the US last quarter. FTC: We use income earning auto affiliate links. a year ago.

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2024 Hyundai Ioniq 6 undercuts Tesla Model 3 by more than $9,000

Baua Electric

A dealer bulletin shows that all versions of the 2024 Ioniq 6 are eligible for $7,500 in “retail bonus cash”—a rebate that can essentially be applied only to purchases, and not with Hyundai’s current low-interest financing, CarsDirect notes. and starts at $40,380 including destination.

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