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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. November prices rose 0.9% ($422) month over month from October 2022 and were up 4.4% ($2,250) from year-earlier levels. in October.

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Kia EV9, Genesis EV prices cut with generous $7,500 discount offer

Baua Electric

Kia and Genesis are two of the latest to slash EV prices with generous deals. The Kia EV9 and several Genesis EVs are now $7,500 off with new discount offers. Kia and Genesis are offering significant EV discounts Genesis is rapidly expanding in the US, outpacing most luxury brands with sleek all-electric vehicles.

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Kia slashes EV6, EV9 prices by up to $10K in Korea to boost demand

Baua Electric

In what Kia is calling “EV Festa,” the automaker is slashing prices on its all-electric models, including the EV6, EV9, and Niro EV in Korea, by up to $10,000 (KRW 13.56 Kia cuts EV prices in South Korea Kia revealed it will hold what it’s calling “EV Festa” to boost electric vehicle output and give additional benefits to shoppers.

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Kia bumps up 2024 EV9 discount with massive $5,000 customer cash offer

Baua Electric

If you’ve been waiting to buy Kia’s first three-row electric SUV, the perfect opportunity may have just landed. Kia is now offering a $5,000 customer cash discount on all 2024 EV9 models. That’s more than Kia’s first dedicated EV, the EV6, with 2,522 units sold. Kia is offering $7,500 in lease cash on the EV9.

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Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. The collective dismay was probably best reflected in the question: “Is the Biden administration pushing the industry to move too fast on EVs?”

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Kia is recalling certain EV9 electric SUVs after a hot start in the US

Baua Electric

After Kia’s first three-row electric SUV made an impressive debut in the US market this year, a new recall is being issued for certain models. The recall, over inadequate headliner protection, affects 2,401 Kia EV9 models. Kia sold 2,187 EV9s in the US in May, for a total of 7,766 through the first five months of 2024.

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Indian market to remain flat in 2024, Kia to grow by 13% – Kia global CEO Song | Autocar Professional

Baua Electric

Ho-Sung Song, the global president and CEO of Kia expects the Indian market to remain flat in 2024. On his expectations for India, Song said, “The industry demand for India is expected to be around 4.1 Kia aims to achieve a sales volume of 277k units, with 13% growth year on year, and a market share of 6.8%.”

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