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Kia appoints Oliver Samson and Seungmo Lim as heads of Global Design Centres in Europe, China | Autocar Professional

Baua Electric

Kia Corporation has announced the appointment of new senior chief designers Oliver Samson and Seungmo Lim as respective heads of its Europe and China Design Centers, effective April 1. I’ve always admired Kia for its talented and forward-thinking global design team,” said Samson.

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Toyota’s compact SUV gamble with the Taisor | Autocar Professional

Baua Electric

Their current share for FY24 rose to 5.3%, according to the latest figures from the Federation of Automobile Dealers Associations of India (FADA). With SUVs commanding a significant share of overall wholesales, Toyota faces immense pressure to deliver a compelling product that resonates with Indian consumers.

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Electric car and SUV sales jump 90% to 90,000 units in FY2024 | Autocar Professional

Baua Electric

It’s been an electrifying year for the EV industry in India. In tandem with the handsome growth of the e-two-wheeler and e-three-wheeler segment, the electric passenger vehicle segment, which comprises cars, SUV and MPVs, has also registered record retail sales. Hyundai’s sibling Kia registered sales of 429 e6 MPVs.

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Kia will push EV leasing to harvest tax credit score boon

Baua Electric

Kia The united states will incline aggressively into an Inflation Relief Office provision that permits it to go ailing a $7,500 federal incentive to electrical automobile shoppers who choose to hire as opposed to purchase, in line with Eric Watson, the automaker’s gross sales leading. now to 30 to 40 p.c, Watson stated.

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Rivian, Kia, and Mercedes see huge jump in new car registrations – a sign of what’s to come?

Baua Electric

S&P Global Mobility released its latest round of US data on new EV registrations for November 2023, and some surprising new trends are popping up – with very modest gains by Tesla and Ford, compared to bigger moves from smaller EV players Rivian and Kia, as well as luxury EVs from Mercedes and BMW. of the EV segment that month.

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Rising disposable income giving a thrust to connected cars in India – ET Auto

Baua Electric

Car variants that are connected feature-rich contribute as much as 45% of sales of a particular model, according to industry estimates. Given the robust demand, carmakers have started offering such features in all premium SUVs sold in the local market.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

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—Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. The high share of luxury sales helps to push the overall industry ATP higher. Honda and Kia showed the most price strength in the non-luxury market, transacting between 6% to 8% over sticker price in November. in October.

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