article thumbnail

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

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. Honda and Kia showed the most price strength in the non-luxury market, transacting between 6% to 8% over sticker price in November.

Price 210
article thumbnail

Hyundai, Kia invest additional US$250M in Grab; pilot EV projects

Green Car Congress

Southeast Asia’s leading O2O (online to offline) mobile platform, announced an agreement under which Hyundai Motor Company and Kia Motors Corporation will invest an additional US$250 million into Grab and establish a partnership to pilot EV programs across Southeast Asia. Hyundai Motor Group and Grab Holdings Inc., billion raised.

Hyundai 236
article thumbnail

Hyundai and Kia surge past Ford, GM to take second in US EV sales in 2023

Baua Electric

Hyundai and Kia placed second in the US EV market behind Tesla after a record sales year in 2023. Hyundai and Kia take second in US EV sales According to Kelley Blue Book estimates, a record 1.2 Hyundai capped off a record year with nearly 47,000 IONIQ 5 and IONIQ 6 EVs sold, while Kia sold almost 19,000 EV6 electric crossovers.

Kia 52
article thumbnail

MapmyIndia wins Rs 400 crore business from Hyundai and Kia | Autocar Professional

Baua Electric

MapmyIndia has bagged a major automotive OEM business contract from Hyundai Autoever Corporation for licensing of CE Info (MapmyIndia) map and connected services contents to Hyundai Motor India and Kia India for the India market. The contract, valued at around Rs 400 crore (US$ 50 million), is for the next five years, starting this year.

Kia 40
article thumbnail

MapmyIndia wins Rs 400 crore business from Hyundai and Kia | Autocar Professional

Baua Electric

MapmyIndia has bagged a major automotive OEM business contract from Hyundai Autoever Corporation for licensing of CE Info (MapmyIndia) map and connected services contents to Hyundai Motor India and Kia India for the India market. The contract, valued at around Rs 400 crore (US$ 50 million), is for the next five years, starting this year.

Kia 40
article thumbnail

2024 Hyundai Creta: Official images of India’s most-awaited SUV revealed

Baua Electric

The 2024 Hyundai Creta is looking to build on the enormous success of the model and will come with very noticable design updates on the outside, more features as well as a turbo petrol motor under the hood. 2024 Hyundai Creta: Bookings Bookings for Hyundai Creta were opened earlier this month for a token amount of ₹ 25,000.

Hyundai 52
article thumbnail

Report: Vehicle Supplies Are Climbing Back Up

The Truth About Cars

new-vehicle average transaction price in January was $47,401, down nearly 4 [percent] from a year ago and down almost 3 [percent] from December 2023, according to Kelley Blue Book. regulators have tied emissions rules to vehicle footprints has also incentivized companies to build increasingly massive and expensive products over the years.

Supplies 116