• Sign in to follow this  
    Followers 0

    July 2012 - Kia


    Kia Motors America Begins Second Half Of 2012 With Best-Ever July Sales

    America's Fastest-Growing Car Company1 Achieves 23rd Consecutive Monthly Sales Record; Annual Sales up 15.9 Percent

    IRVINE, Calif., Aug. 1, 2012 /PRNewswire/ -- Kia Motors America's (KMA) record-setting momentum and growth continued last month with best-ever July sales of 48,074 units, a 5.6-percent increase over the same period last year. Kia's streak of consecutive year-over-year sales records now extends to a remarkable 23 months as the brand marches into the third quarter of 2012 well ahead of last year's all-time annual sales record pace. KMA's year-to-date sales are up 15.9 percent over 2011 due in large part to strong retail sales performances by the U.S.-built Sorento CUV and Optima midsize sedan*, as well as the popular Soul urban passenger vehicle.

    The high-volume month of July also witnessed the Optima and Soul gain recognition as two of the most appealing vehicles amongst new car buyers in J.D. Power and Associates' Automotive Performance, Execution and Layout (APEAL) Study.

    "The story of Kia's extraordinary growth continues, and after capturing our 23rd straight monthly sales record, it is that of a brand which is moving forward on all fronts with significant strides in satisfying customers and building owner loyalty," said Byung Mo Ahn, group president and CEO of KMA and KMMG. "Our model line is designed to meet and exceed the high expectations of discerning car buyers who want quality and tremendous value in one package, as evidenced by our latest accolades from two major J.D. Power and Associates' studies – IQS and APEAL. And with a number of fresh products coming in the year ahead, we are confident that Kia will continue to attract new customers to our showrooms going forward."

    0


    Sign in to follow this  
    Followers 0


    User Feedback


    They are eating the lunch of Toyota and Honda...breaks my heart.

    Optima is a good car, and Kia Forte Koup is a billion times nicer than Scion TC...so we'll see what happens.

    0

    Share this comment


    Link to comment
    Share on other sites


    Your content will need to be approved by a moderator

    Guest
    You are commenting as a guest. If you have an account, please sign in.
    Add a comment...

    ×   You have pasted content with formatting.   Remove formatting

      Only 75 emoticons maximum are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor




  • Popular Stories

  • Similar Content

    • By William Maley
      The rivalry of the Chevrolet Camaro and Ford Mustang has been going for ages in the U.S. But now this fight has expanded into China.
      Automotive News reports that a growing group of Chinese buyers are being drawn towards to these models as the exude the no-apologies Americana attitude.
      "We're seeing the beginning of a muscle car culture here. Something that is uniquely American appeals to the Chinese consumer. The image that it relays to the automotive public is very positive," said James Chao, a China market auto analyst with IHS Markit.
      Sales of both models are small with Chevrolet only moving 2,000 Camaros since its launch 2011. Ford is doing slightly better with 6,200 Mustangs sold since its launch in 2015. In the first quarter, Mustang sales saw a 90 percent increase to 963 vehicles. Part of the reason for the slow sales comes down to the price. The Camaro starts about 399,900 yuan (about $58,000) - more than double of the base price of $26,900 in the U.S. The Mustang isn't that far behind, costing about $15 dollars less. Prices are increased due to a 25 percent import tariff on U.S. made vehicles, homologation and shipping fees, and Chinese buyers trending to splurge on higher-time models.
      But despite the low sales, the Camaro and Mustang are bringing buyers to dealers. These models act as eye candy to help draw shoppers into showrooms with the hope they'll purchase a vehicle, where it be the eye candy or something a little less exciting.
      Source: Automotive News (Subscription Required)

      View full article
    • By William Maley
      The rivalry of the Chevrolet Camaro and Ford Mustang has been going for ages in the U.S. But now this fight has expanded into China.
      Automotive News reports that a growing group of Chinese buyers are being drawn towards to these models as the exude the no-apologies Americana attitude.
      "We're seeing the beginning of a muscle car culture here. Something that is uniquely American appeals to the Chinese consumer. The image that it relays to the automotive public is very positive," said James Chao, a China market auto analyst with IHS Markit.
      Sales of both models are small with Chevrolet only moving 2,000 Camaros since its launch 2011. Ford is doing slightly better with 6,200 Mustangs sold since its launch in 2015. In the first quarter, Mustang sales saw a 90 percent increase to 963 vehicles. Part of the reason for the slow sales comes down to the price. The Camaro starts about 399,900 yuan (about $58,000) - more than double of the base price of $26,900 in the U.S. The Mustang isn't that far behind, costing about $15 dollars less. Prices are increased due to a 25 percent import tariff on U.S. made vehicles, homologation and shipping fees, and Chinese buyers trending to splurge on higher-time models.
      But despite the low sales, the Camaro and Mustang are bringing buyers to dealers. These models act as eye candy to help draw shoppers into showrooms with the hope they'll purchase a vehicle, where it be the eye candy or something a little less exciting.
      Source: Automotive News (Subscription Required)
    • By William Maley
      If the Volkswagen diesel emission scandal hasn't swayed you from wanting one, then you'll be happy to hear Volkswagen will once again be able to sell brand-new 2015 model year TDI models. Green Car Reports says near 11,000 TDI models will soon be back up for sale once they are updated with new software, making them legal.
      Volkswagen does caution those interested in picking up a new TDI to call their nearest dealership to see if they have any in stock.
      But that's not all. Volkswagen is offering some massive discounts on these models. CarsDirect reports that Volkswagen is offering 0% APR for up to 72 months and $5,000 cash bonus if you decide to buy. Interested in leasing one? Volkswagen will offer a cash bonus of $8,500. 
      There are a couple of caveats to this offer. First, you need to have an excellent credit history to qualify for either offer. Second is that Volkswagen isn't advertising this offer.
      "We will not be advertising the available incentives from our financing arm as they [sic] vehicle availability will vary per dealership," said Volkswagen spokeswoman Jeannine Ginivan.
      Source: Green Car Reports, CarsDirect

      View full article
    • By William Maley
      If the Volkswagen diesel emission scandal hasn't swayed you from wanting one, then you'll be happy to hear Volkswagen will once again be able to sell brand-new 2015 model year TDI models. Green Car Reports says near 11,000 TDI models will soon be back up for sale once they are updated with new software, making them legal.
      Volkswagen does caution those interested in picking up a new TDI to call their nearest dealership to see if they have any in stock.
      But that's not all. Volkswagen is offering some massive discounts on these models. CarsDirect reports that Volkswagen is offering 0% APR for up to 72 months and $5,000 cash bonus if you decide to buy. Interested in leasing one? Volkswagen will offer a cash bonus of $8,500. 
      There are a couple of caveats to this offer. First, you need to have an excellent credit history to qualify for either offer. Second is that Volkswagen isn't advertising this offer.
      "We will not be advertising the available incentives from our financing arm as they [sic] vehicle availability will vary per dealership," said Volkswagen spokeswoman Jeannine Ginivan.
      Source: Green Car Reports, CarsDirect
    • By William Maley
      The new Volkswagen Tiguan looks to solve some of the pressing issues of the current model such as its size that puts it between subcompact and compact crossovers. But that doesn't mean the current Tiguan is leaving anytime soon.
      Hendrik Muth, VW’s senior vice president for product marketing tells Car and Driver that the current Tiguan will stick around for 2018 and 2019, wearing the Tiguan Limited nameplate. Muth explained this model will be aimed at more budget-minded buyers and those who don't want the bigger footprint of the new Tiguan. Another reason mentioned in Car and Driver's story is the current Tiguan saw its best sales in 2015 and 2016.
      One item that could put some people off from buying the Tiguan Limited is will not get the  6-year/72,000-mile warranty announced for the 2018 Atlas and Tiguan crossovers. Expect pricing to be announced sometime in the fall.
      Source: Car and Driver
      Pic Credit: William Maley for Cheers & Gears

      View full article
  • Recent Status Updates

  • Who's Online (See full list)