2014 Kia Sorento Sx Sport Utility 4-door 3.3l on 2040-cars

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Honda, Hyundai top car residual value / depreciation awards list

J.D. Power announced its 2022 U.S. ALG Residual Value awards Thursday, with Honda and Hyundai topping the charts at three models apiece in the industry-standard study. The term "residual" is an industry projection of how well a car will hold its resale value three years from the original purchase date – a key metric in calculating lease costs and projecting new-car depreciation.  Award winners included several enthusiast-friendly options, including the BMW 2 Series, Dodge Charger, Subaru WRX, Mercedes-AMG GT and Toyota Tacoma. Even the Ford Bronco was recognized, beating out the Jeep Wrangler in the Off-Road Utility segment. That may seem odd given the car's issue-plagued launch, but scarcity apparently trumps quality control issues over the longer term. Here's a scrolling complete list of winners broken down by segment: “Accurately forecasting residual values in the auto industry is a key factor in assessing an estimated $225 billion lease portfolio of vehicles in the United States,” said ALG VP Eric Lyman in the company's announcement. "The brands and vehicle models that rise to the top demonstrate that they score well across the award programÂ’s criteria, including manufacturersÂ’ superior design and quality." ALG looks at several factors to determine future value, which is especially tricky with new models. For 2022, 16 different brands were recognized across 29 segments. Behind Honda and Hyundai, Audi, Kia, Mercedes-Benz, Land Rover and Subaru all managed to chart with two different models. Here's the rundown of those who won in more than one category: Honda Civic Honda Passport Honda Odyssey Hyundai Accent Hyundai Kona Hyundai Kona EV Audi A6 Allroad Audi Q3 Kia K5 Kia Telluride Land Rover Range Rover Velar Land Rover Discovery Mercedes-AMG GT 4-Door Mercedes-Benz Metris:  Subaru  WRX and  Subaru Forester Toyota Tacoma  Toyota Tundra "The award process consists of evaluating 284 models through analysis of used-vehicle performance, brand outlook and product competitiveness," the announcement said. "Eligibility for a brand award requires a manufacturer to have model entries in at least four different segments. To account for differences across trim levels, model averages are weighted based on percentage share relative to the entire model line."   Audi Honda Hyundai Kia Land Rover Mercedes-Benz Subaru Toyota

Kia Sedona shows off new 'comfortable and futuristic' interior

Last month Kia coined a new, fourth-generation minivan and the term "Grand Utility Vehicle" to go with it. Known as the Carnival in its home market of South Korea, and as the Sedona here, Kia's given us a look at the "comfortable and futuristic" interior we can expect when the model goes on sale. We like the current Sedona, but the imminent upgrade is immediately clear and comprehensive even in photos. The automaker calls the interior design theme "Spatial Talents," which sounds like a superpower your home mover or the guy at U-haul has, but it refers to the how designers made the most of a slightly larger body and roomier interior. The minivan's wheelbase grows 1.2 inches, overall length extends by 1.6 inches, 1.2 of that being rear overhang, and width gets an extra pip of 0.4 inches. Depending on market, seating arrangements for seven, nine or 11 people will provide more room for every occupant in every row. The star draw is the instrument panel, where Kia placed the 12.3-inch digital gauge cluster and 12.3-inch infotainment screen in a cohesive enclosure under a single pane of glass. A full-width horizontal band separates the upper and lower areas of the instrument panel, vents tucked discreetly into the contrasting divider. Below that, dedicated buttons and another screen offer radio and climate controls, a shift-by-wire rotary knob set atop the transmission tunnel where a bulkier shift lever currently sits. More upscale materials are laid throughout the cabin. Second-row passengers benefit from new USB outlets on the front seatbacks, nets to hold electronic devices, and a storage drawer at the base of the rear console.     The only engine available in our Sedona is a 3.3-liter V6 with 276 horsepower and 248 pound-feet of torque. The next-gen Sedona will likely follow the powertrain lead of the new Sorento. That means a 2.5-liter turbocharged four-cylinder putting out around 277 horsepower and 310 pound-feet, and a 1.6-liter turbocharged four-cylinder hybrid with 227 hp and 259 lb-ft.   The Carnival goes on in South Korea in the third quarter of this year, with rollout to global market following that. Related Video:

Kia builds one millionth vehicle in the US

Kia Motors Manufacturing Georgia, Inc. (KMMG), the plant that produces the Kia Sorento crossover and Optima sedan, celebrated today as a Snow White Pearl 2014 Sorento SXL rolled off the assembly line at the 2,259-acre site, marking the one-millionth Kia to be produced on US soil.
Located in West Point, Georgia, KMMG was Kia Motors America's first manufacturing plant in the US and represented an initial investment of $1 billion. The plant started producing the 2011 Sorento on November 16, 2009 and is responsible for the creation of 11,000 jobs in West Point and the surrounding region. Production of the Optima sedan, Kia's best-selling car in the US for the past 18 months, started at the factory in 2011, and, in 2012, the completion of a $100 million expansion upped annual vehicle production capacity to 360,000.
"Building one million vehicles in less than four years is a tremendous achievement and one that each one of our more than 3,000 team members can take great pride in," said Byung Mo Ahn, Group President and CEO for Kia Motors America and KMMG.