Hyundai, Kia face $5 billion hit from US-Korea auto tariff deal
Hyundai Motor Co. and affiliate Kia Corp. could face as much as $5 billion in additional costs this year under ...
Tag: Kia Motors
Kia reshapes US sales strategy, cuts incentives over tariffs
Kia Corp. will adjust its business operations in the US and cut incentives for retail customers, joining carmakers globally in ...
EVs sitting longer on Texas lots
Some car dealerships in Texas are reporting slowing electric vehicle and hybrid sales and supply sitting for longer, citing disappearing ...
June auto complaints dip at CFPB, but reflect coronavirus hardships
Complaints reported to the CFPB last month totaled 435, down from 442 during the same month in 2019, a drop ...
Reduced incentives dampen new vehicle sales in July
July’s projected 2.9% decline in new light vehicle sales to 16.6 million units at a seasonally adjusted annualized rate (SAAR) ...
Fleet, SUV Sales Buoy November SAAR
Courtesy of Unsplash November's seasonally adjusted annual rate of ...
Auto Finance Feels the Pressure of Fed’s Rate Hikes
© Can Stock Photo / alphaspirit Major automakers are reporting declines for U.S. sales as signs of tightening credit conditions ...
Chinese Ride-Hail to Raise $1.6B ABS for Lease Partners
© Can Stock Photo / tab62 Chinese ride-hailing company Didi Chuxing received approval this week from the Shanghai Stock Exchange ...
