MPG scandal will cost $362M to Hyundai and KIA

by loubeat | Nov 6, 2012 | All News, Hyundai, Kia

According to South Korean economy analyst Nam Kyeong Moon, Hyundai and KIA will spend an estimate $362 million to compensate the 900,000 owners affected by the erroneous fuel consumption figures claimed by both automakers in the States since 2010. However, Hyundai and...

Hyundai and KIA to adjust fuel economy figures in the US, KMA's CEO apologizes

by loubeat | Nov 2, 2012 | All News, Hyundai, Kia

Hyundai and KIA are lowering the fuel economy rates on most 2011-2013 models due to a exaggerate declared mileage that affects to a vast majority of both makers lineup. Today, KIA Motors America (KMA)’s CEO Byung Mo Ahn reported a corporative message apologizing...

KMA Records 24th Consecutive Monthly Sales Record in August

by loubeat | Sep 6, 2012 | All News, Kia

Kia Motors America’s (KMA) scorching summer momentum continued in August and delivered the brand’s 24th consecutive monthly sales record with 50,028 units sold. Sales over the same period last year were up 21.5 percent, and Kia is significantly ahead of...

Kia named Quoris his K9 Flagship Sedan for Export Markets [w/videos]

by loubeat | Jul 18, 2012 | All News, Kia

Kia’s K9 flagship rear-wheel drive sedan was first unveiled in February this year, before making its market debut in South Korea in May. For obvious reasons, the K9 name has to be dropped in English speaking markets. Today, Kia Motors announced that Kia will...

KMA Completes Best First Half Sales with Record June Performance

by loubeat | Jul 4, 2012 | All News, Kia

Kia Motors America’s (KMA) unprecedented momentum and growth reached new heights last month with best-ever June sales of 51,326 units, a 13.9-percent increase over the same period last year, contributing to the brand’s best quarter ever of 150,647 units – topping more...