Kia Motors to accelerate diversification of global mobility services

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Kia Motors Corporation plans to expand its partnerships with global mobility companies to meet the needs of a diverse range of customers worldwide. Kia’s President and CEO Ho Sung Song shared the company’s strategy for global mobility during his visit to the company’s Sohari plant in Korea to review launch preparations for the new fourth-generation Kia Carnival. In Europe, Kia will collaborate with global partners to provide a customized mobility service for the region.

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Tesla Model 3 Europe’s best-selling pure EV in February in its first full month on the market

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The hotly anticipated car excelled during its first full month on the European market and became the best-selling BEV. Overall, the European car market registered its sixth consecutive month of decline in February 2019, as 1.14 The Swedish and Finnish markets also saw declines of 15% and 11%, respectively, as the two countries continued to struggle to come to grips with the introduction of WLTP.

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Euro Big 5 auto markets up 8.6% in April, SUVs continue to dominate; shift in segment shares

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Led by strong growth in Spain and Italy, new car registrations in Europe’s Big 5 markets grew by 8.6% million, April produced further gains across the top five European markets with SUVs driving higher volume and counting for 24.4% Germany continued to lead the market, with volume up by 8.4% However, the largest growth figures were recorded in Italy and Spain, where April’s volumes grew by 12.3% market share at 116,400 units. market share (vs.

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JATO: electrified vehicles 13% of new car reg in Europe in January 2020; electrified vehicles only growth-driver

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After a large increase of new vehicle registrations in Europe in December 2019, volumes for January decreased, marking another month of transition for the complex new car market. The European market is still showing signs of strength despite a tough environment. We believe that the market is capable of adapting to meet new regulations and impending challenges. Electrified vehicles provided the only driver of growth for the market in January.

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JATO: US demand for pickups remains strong despite price increases

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market share in 2010, pickups have grown to claim a 16.8% market share in 2019. In contrast, pickups globally have had a significantly smaller market share—approximately 3.7% million), and Italy (17 million). This is such a strong performance, that if the F-150 were its own brand, it would have been the 9 th best-seller, slotting between Kia and Subaru (5.4 —Donald Smith, Vice President Sales & Marketing at JATO.

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Total new car sales in Europe drop 2% in July; SUV sales up 12.5%

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New car registrations in Europe’s Big 5 markets dropped by 2% in July, as market conditions halted the positive trend that had dominated over the previous 15 months, according to figures from JATO Dynamics. In terms of segments, SUVs continued to grow their market share, with their registrations in July accounting for more than a quarter of the total market (25.8%). to 108,769 units and sales in Italy were up 2.6%

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VM Motori Awards CGI Block and Bedplate Contracts for New 3.0L Diesel to Tupy

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Independent engine manufacturer VM Motori SpA of Italy has awarded. Following pre-machining of the cylinder blocks and bedplates at Tupy, final machining and engine assembly is performed in a purpose-built manufacturing facility at VM Motori in Cento, Italy. The Euro 5 compliant engine is capable of 240 hp (59 kW/liter) and 550 N·m (406 lb-ft) of torque and will be available in the 2011 model year vehicles in the European market.

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