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September 19, 2017 - Industry News

Summit Place Kia Waterford Moves to Auburn Hills

Michigan’s No. 1 import dealership has moved into a new, state-of-the-art facility in Auburn Hills, Mich. The 27,000-square-foot facility sits on 10 acres and has the capacity to sell and serve more than 500 cars per month.

Tags: facility upgrades, Kia, New Dealership, Richard Lalonde, Summit Place Kia

September 5, 2017 - Industry News

KBB: Average New-Car Price Rises Nearly 1% in August

The average transaction price rose despite mixed results for major automakers, with Fiat Chrysler topping the list with a 6.1% year-over-year increase in the brand’s average price.

Tags: Fiat Chrysler, Hyundai, Kelley Blue Book, Kia, transaction prices

August 9, 2017 - Industry News

N.J.’s Top Kia Dealer Acquires Additional Store in Toms River

Motivated by the success of his Kia dealership in New Jersey's Egg Harbor Township, Roy Greenblatt has acquired a second location in the state, the former Toms River Kia. The store has been renamed Matt Blatt Kia of Toms River.

Tags: Dealership, Kia, Matt Blatt Kia, merger and acquisition

February 15, 2017 - Industry News

No Sedans Among KBB’s Top 12 Family Cars

The 2017 Honda CR-V is the top seller among the two-row SUVs Kelley Blue Book included in its latest list of top family vehicles. Photo courtesy American Honda Motor Co. Inc.

Kelley Blue Book’s list of the best family vehicles for the 2017 model year includes eight SUVs, four minivans, and no sedans.

Tags: Chevrolet, Chrysler, Honda, Kelley Blue Book, Kia, Nissan, Subaru, Toyota

January 17, 2017 - Industry News

Hyundai-Kia to Invest $3.1B in U.S.

Sister South Korean automakers Hyundai Motor Co. and Kia Motors Corp. will invest $3.1 billion in the U.S. in the next five years and may build a new assembly plant in the United States, Hyundai Motor's president told reporters on Tuesday.

Tags: Donald Trump, Hyundai, Kia, Vehicle Manufacturing

December 20, 2016 - Industry News

Wheel's Automotive to Service Kia Canada's CPO Marketing Needs

On Jan. 12, 2017, Wheel’s Automotive Dealer Supplies Inc. will begin servicing the certified pre-owned merchandising and marketing needs of Kia Canada’s network of dealers.

Tags: Canada, CPO, Kia, Wheel's Automotive Dealer Supplies Inc.

December 1, 2016 - Industry News

KBB: New-Car Transaction Prices Rise Nearly 2% in November

The estimated average transaction price for light vehicles in November was $34,948, a 1.7% increase from a year ago, according to Kelley Blue Book. An analyst with the firm attributed the increase to a shift in consumer preference from cars to more expensive trucks and SUVs.

Tags: Average Transaction Price, Fiat Chrysler, Hyundai, KBB, Kia, Nissan North America

November 16, 2016 - Industry News

IntelliChoice Names Kia's CPO Program 'Best Popular Program'

For the second year in a row, IntelliChoice has named Kia Motors America’s certified pre-owned program the 'Best Popular Program.'

Tags: Award, CPO, Kia, used vehicles

November 15, 2016 - Industry News

KBB Announces 2017 Best Buy Awards

Kelley Blue Book announced the winners of its 2017 Best Buy Awards. The big winner was Honda. Not only did it take home four awards, its 2017 Honda Civic was named the Overall Best Buy of 2017.

Tags: Audi, Awards, Best Buy, Chevrolet, Chrysler, Ford, Honda, KBB, Kia, Mercedes-Benz, Porsche, Toyota

June 22, 2016 - Industry News

J.D. Power: Initial Quality Shows Largest Improvement in Seven Years

Kia ended the 27-year reign of premium brands by ranking highest among all nameplates in J.D. Power’s annual study. Overall, new-vehicle quality improved 6%, which was double last year’s 3% improvement.

Tags: General Motors, Hyundai, Initial Quality Study, J.D. Power, Kia, Toyota, Volkswagen

May 12, 2016 - Industry News

GM Replacing 88% of Lineup By 2020

General Motors should gain market share by replacing 88% of its light-duty lineup by 2020, while Volkswagen and Korean automakers are relying too heavily on cars with consumer demand shifting toward SUVs and trucks, a Bank of America Merrill Lynch analyst has said.

Tags: Bank of America, Chevrolet, Fiat Chrysler, Ford, General Motors, Hyundai, Kia, Merrill Lynch, Nissan, Toyota, Volkswagen

April 27, 2016 - Industry News

ChannelNet to Build Customer Management Portals for Hyundai Capital Canada

ChannelNet announced this week it will begin building customer lifecycle management programs and dealer portals for Hyundai Motor Finance and Kia Motors Finance in Canada as part of its new contract with Hyundai Capital Inc.

Tags: Canada, Hyundai, Kia, Online Buying

November 11, 2014 - Industry News

Kia Adds Dealertrack’s PaymentDriver to Kia.com

Shoppers on Kia.com can now explore finance options side-by-side using PaymentDriver. Those options can include current Kia incentives and interest rates, as well as the trade-in value of the customer’s current vehicle.

Tags: Dealertrack, Finance, Kia, PaymentDriver

June 25, 2014 - Industry News

Rick Case Appointed First South Fla. Alfa Romeo Dealer

To celebrate the unveiling of the new store, the group will donate the first 2015 Alfa Romeo 4C to live auction, with 100% of the bid price over MSRP being donated to charity.

Tags: Acura, Audi, charity giving, Chrysler, Donation, Fiat, Honda, Hyundai, Kia, Mazda, Volkswagen

March 5, 2014 - Industry News

Kia Renews Deal With JM&A

Reporting a 19% increase in F&I product sales last year, Kia renews deal with JM&A to continue providing and administering its line for F&I products.

Tags: JM&A Group, Kia

January 14, 2014 - Industry News

Below-Prime Car Buyers Less Loyal Than Average Car Buyers

A new brand loyalty report from CarFinance.com found that below-prime car buyers are less loyal than the average car buyer. Kia topped the list of brands this group is most loyal to.

Tags: brand loyalty, CarFinance.com, Chevrolet, Dodge, Ford, Kia, Nissan, subprime, trade-in vehicles

January 7, 2014 - Industry News

Automakers Post Big Gains in 2013 Sales

December sales were in line with last year’s total, while annual sales increased nearly 8% to 15.6 million units.

Tags: Autodata Corp, BMW, Chrysler, Ford, General Motors, Honda, Hyundai, Kia, Mazda, Mitsubishi, monthly sales, Nissan, SAAR, Subaru, Toyota, Volkswagen

November 26, 2013 - Industry News

J.D. Power: Lender Service Determines Customer Satisfaction With Financing

Lenders that provide excellence in the servicing and onboarding experiences from the beginning of the loan or lease process set the stage for customer satisfaction throughout the financing duration, according to the J.D. Power 2013 U.S. Consumer Financing Satisfaction Study.

Tags: Auto Loans, consumer financial habits, customer satisfaction, JD Power and Associates, Kia, Lincoln, Study

November 21, 2013 - Industry News

Multicultural Marketing Faces New Challenges

Advertising experts at this week's J.D. Power Western Automotive Conference discussed how dealers and automotive marketers can increase sales through multicultural marketing and media.

Tags: Acura, Gen Y, Honda, Hyundai, Infiniti, J.D. Power and Associates, Kia, marketing, Nissan, television advertising

October 3, 2013 - Industry News

September’s SAAR Second Lowest of 2013

Manufacturers attribute the drop in the SAAR to fewer selling days in September and Labor Day sales being included in August sales totals. One manufacturer attributes the drop to troubles in Washington, D.C.

Tags: BMW, Chrysler, Ford, General Motors, Honda, Hyundai, Kia, Mazda, Mitsubishi, monthly sales, Nissan, Subaru, Toyota, Volkswagen

July 11, 2013 - Industry News

Latest Car Technology is Affordable, Says Edmunds

Technologies like pilot parking, easy-fill tire alert, Wi-Fi hotspots, and hydrophobic windows will be available to most mainstream drivers a lot sooner than they might expect, Edmunds.com predicts.

Tags: Audi, Chrysler, Edmunds, Edmunds.com, Ford, Kia, Nissan, technology, Toyota

June 4, 2013 - Industry News

May Sales Up 8.2 Percent, SAAR at 15.31 Million Units

Year-to-date sales in May were up 7.3 percent, according to AutoData Corp., while the SAAR was up 1.36 million units from a year ago. Several manufacturers also reported record-breaking Mays.

Tags: Autodata Corp, BMW, Chrysler, Ford, General Motors, Honda, Hyundai, Kia, Mazda, Mitsubishi, new-vehicle sales, Nissan, Porsche, Subaru, Toyota, Volkswagen, Volvo

January 15, 2013 - Industry News

Experian Automotive: Ford Takes Top Spot in Brand Loyalty

In the third quarter 2012, the Ford Focus took top honors in Experian Automotive’s brand loyalty study, while Toyota, Kia, Hyundai and Honda rounded out the Top 5.

Tags: brand loyalty, consumer loyalty, Experian Automotive, Ford, Ford Focus, Honda, Hyundai, Kia, Toyota

November 15, 2012 - Industry News

Kia, Scion Partner With Cars.com on CPO Programs

Kia and Scion to promote CPO vehicles on Cars.com's online marketplace.

Tags: Cars.com, CPO, Kia, Scion

November 6, 2012 - Industry News

Hyundai, Kia Overestimated Fuel Economy

Hyundai and Kia voluntarily reduced their fuel economy rating after an audit by the EPA found that the carmakers overestimated their fuel ratings for new models. The company has agreed to reimburse vehicle owners to cover the additional fuel costs.

Tags: Environmental Protection Agency, EPA, Fuel Economy, Hyundai, Kia, mileage, overestimate, reimbursement

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