No Reserve 5 Speed Runs Great Clean 1 Owner Good Tires Everything Working on 2040-cars

Auto blog

Why BMWs are cheaper than Hyundais in Korea

Bloomberg reports shifting tariff regulations have upended the traditional automotive pecking order in Korea. Thanks to cheaper import taxes, foreign brands have seen market share jump from 28 percent to 41 percent over the last two years. BMW, Mercedes-Benz and Audi have all capitalized on the shift, with domestics like Hyundai and Kia suffering at the hands of their German rivals.
Taxes on European imports have fallen from 8 percent in 2011 to just 3.2 percent today. Over the next few years, tariffs will all but be eliminated for most imports, and taxes on US-made vehicles are expected to fall to just 4 percent in 2014. By 2016, that number will be zero. Needless to say, Hyundai and Kia are concerned about the shift.
Hyundai has seen profit fall by 15 percent last quarter, and the company says it is on pace to see the slowest sales growth since 2007. The company's shares have fallen by 12 percent. In order to stem the losses, Hyundai has discounted its midsize sedans and started working on diesel engine options.

Kia, Hyundai working on wireless charging with Mojo Mobility

Last month, Kia started expanding US sales of its Soul EV electric vehicle outside California and into Texas, Georgia, Oregon, and Washington. Now, the South Korea-based automaker is making it a little easier for residents of those states to charge up those cars. Much of the early focus, naturally, is on the always-green-minded Pacific Northwest. Kia Motors America is working with a company called Greenlots to build Level 2 and fast-charging stations at Kia dealerships. Specifically, about 30 fast-charging stations will be deployed at 21 dealerships throughout those four states. Those stations can get a Kia Soul EV 80-percent charged in about a half hour. The EVs can go about 93 miles on a full charge. Including Level 2 stations, about 40 stations will be added in the Pacific Northwest alone. The idea is to make sure folks in both the Seattle and Portland areas feel secure about their ability to charge their cars throughout the region. Additionally, Kia and its sister automaker Hyundai are working with another company called Mojo Mobility to develop a wireless plug-in vehicle charging system, Hybrid Cars reports. The companies received funding from the US Department of Energy's Vehicle Technologies Program, and have so far found that those wireless stations can charge at about 92-percent efficiency. No timeline has been disclosed as far as when those stations will start being available to the public, but folks in the Pacific Northwest are sure to welcome them, perhaps in time for the Soul EV 2.0. Related Video: Show full PR text KIA MOTORS AMERICA RAMPS UP SOUL EV INFRASTRUCTURE IN WASHINGTON AND OREGON Soul EV coming to a total of 20 dealers in the Pacific Northwest; 12 in Washington1 and eight in Oregon2 Kia increases fast-charger network in the region with 10 new chargers IRVINE, Calif., July 8, 2015 – Kia Motors America (KMA) is continuing its progressive launch of the Soul EV and adding to the electric vehicle ecosystem in the Pacific Northwest with 20 Soul EV-certified dealers and a robust charging network. Of the 20 dealers in the region, 12 will be located in Washington and eight in Oregon. In addition to each being equipped with two Level-2 chargers (40 total in the PNW region), 10 of the dealers will also be up-fitted with DC fast chargers, increasing Kia's overall network of fast-charging stations. As an added value, select Kia dealers will allow Soul EV owners to charge their electrified urban runabout at no cost3.

UPDATE: Kia K900 revealed, first in leaked shots, now in official photos

We have been posting sketches and teaser images of the upcoming Kia K900 sedan, but photos of the real thing are already available in South Korea. Some presentation slides of the car, wearing the name "K9" (that's what it's called over there), are now online on Kia's own website and in the photo gallery above. The restrained appearance conveyed in the sketches is present in the final car. There's still something German about it, with detail choices reflecting current BMW and Mercedes offerings: The front grille is certainly about as big as BMW 7-series' kidneys these days. The lights' LED accents are clearly visible in all photos. Fitting the car with real-life wheels definitely makes it lose something striking that the sketches had, but that is the case with all concept design sketches. The interior ambience depicted in the penned sketch has translated well to the photograph-like render: it will be interesting to see how the promised mood lighting modes will affect the interior. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Earlier, screenshots of the slideshow have made it online on a Korean motoring site, as well as this "Job #1" style photo taken at a manufacturing facility. They showed March 20th as a date for the online unveiling, and the K9 microsite came online today. Kia has also published this commercial of the new car on YouTube. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Kia announced that the car will be shown officially at the New York International Auto Show, but the date on the slideshow already promises something, perhaps local, for tomorrow. Related Video: Featured Gallery 2019 Kia K900 official images Spy Photos Kia Luxury Sedan kia k900