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Kia President and CEO checks out New Zealand operation
Kia President and CEO checks out New Zealand operation

NZ Autocar

time19-05-2025

  • Automotive
  • NZ Autocar

Kia President and CEO checks out New Zealand operation

Kia Corporation President and CEO, Mr Song Ho-Sung, visited New Zealand recently. He dropped in on Kia's head office and the country's number one selling Kia dealership. Mr Song's journey here was an opportunity to hear firsthand how Kia is doing in New Zealand. He also saw visited the first dealership in the country that is sporting the new Kia corporate identity. The Managing Director of Kia New Zealand, Todd McDonald commented: 'Mr Song's visit provided a forum to discuss strategic alignment and highlight our shared vision of business-orientated goals.' He added 'Global support of our local direction – especially with Tasman Ute and new EV models waiting in the wings – is critical to our ongoing success. 'His visit reinforced to our staff, dealer network as well as customers that the Kia Corporation values and appreciates New Zealand. It is an illustration of their commitment to our market.' Kia NZ releases Tasman pricing here. 'In addition to invaluable time with Mr Song, it was also an excellent opportunity to gain insight into future products and exciting innovations we can expect to see in the not-too-distant future.' Giltrap Group Executive Directors, Michael and Richard Giltrap, were on hand to greet Mr Song and introduce him to the staff at the Group's North Shore location. Read our news item on Kia EV4 here. 'Kia is an integral part of the Giltrap Group's new model portfolio, especially in the EV space and also with the new Tasman Ute. So it was a privilege to host Mr Song while he was in Auckland,' said Michael Giltrap. 'It's a real sign of belief in the product that the President and CEO decided to come to our showroom. It also provided a great confidence boost for our team.' Mr Song's visit followed Kia New Zealand's inaugural EV Day. It is a precursor to the impending launch of the Tasman Ute and upcoming release of the EV4. Both new models will go on sale here in Q3.

Kia reports record EV sales in Europe in first quarter
Kia reports record EV sales in Europe in first quarter

Korea Herald

time06-05-2025

  • Automotive
  • Korea Herald

Kia reports record EV sales in Europe in first quarter

Kia Corp., South Korea's second-biggest carmaker, sold a record number of electric vehicles in Europe in the first quarter, data showed Tuesday. Kia sold 27,761 EVs during the January-March period in the European market, a 17 percent increase from the previous record set in the third quarter of 2023, according to the data provided by the company. The proportion of EVs in the company's overall vehicle sales in Europe also surpassed the 20 percent mark for the first time. The boost in EV sales was spearheaded by the Kia EV3, a compact electric sport utility vehicle model, which sold 17,878 units in the first quarter, accounting for 64 percent of the company's total EV sales in the cited period. Sales of EVs are rapidly increasing in Europe, with 573,500 cars sold in the first quarter alone, up 28 percent from the same period last year, according to data from the European Automobile Manufacturers' Association. The South Korean automaker plans to beef up its EV lineup with the launch of the new EV4, EV5 and PV5 models in Europe this year. (Yonhap)

Kia reports record revenues, higher deliveries in Q1
Kia reports record revenues, higher deliveries in Q1

Yahoo

time03-05-2025

  • Automotive
  • Yahoo

Kia reports record revenues, higher deliveries in Q1

South Korean automaker Kia Corporation reported a 6.9% increase in global revenues to KRW 28.02 trillion in the first quarter of 2025, representing its highest-ever quarterly revenue. The improvement was underpinned by strong global sales, higher average selling prices and favorable exchange rates. Kia said its operating profit fell by 12.2% year-on-year to KRW 3.01 trillion in the three-month period, equivalent to an operating margin of 10.7%, which it attributed to incentives carried through from 2024 and slowing demand growth. This offset the benefits of its strong product mix, which is increasingly focused on high-margin and high-value-added models, as well as stable raw material costs and favorable exchange rates. Kia pointed out that the first quarter of 2025 was the tenth consecutive quarter with an operating profit margin of over 10%, since the fourth quarter of 2022. Net profit dropped by 14.8% to KRW 2.39 trillion, including non-controlling interests. Kia reported a 1.6% increase in first-quarter global vehicle deliveries to 772,648 units from 760,514 a year earlier, with sales in South Korea falling by 2.4% to 134,564 units while overseas sales increased by 2.5% to 638,084 units. Global sales of electrified vehicles, including battery electric vehicles (BEVs) and hybrids, increased by almost 11% to 174,000 units, accounting for around 23% of its total vehicle sales. Hybrid electric vehicle (HEV) sales rose by 10.6% to 104,000 units, while plug-in hybrid (PHEV) sales rose by 26% to 14,000 units and BEV sales increased by 27% to 56,000 units. The company reported a strong sales performance in North America, driven by continued strong demand for hybrid (HEV) models including the Carnival Hybrid and Sportage Hybrid. Sales also increased in India, driven by the recent launch of the Syros SUV, as well as in markets including the Middle East and Central and South America. In Europe, sales were down slightly due to deferred demand ahead of the launch of the Sportage PE, scheduled for the second quarter. Outlook Kia said that as global market uncertainties continue, including heightened geopolitical tensions and weakening consumer purchasing sentiment, it will continue to react flexibly and closely manage its inventories while implementing incentive strategies centered on profitability and customer value. In its domestic market, volumes are expected to be supported by the launch of the EV4 and EV5 BEVs and hybrid models, as well as the launch of new commercial vehicle models such as the PV5 PBV and the Tasman pickup truck. In the US, sales in 2025 will be supported by the launch of the EV6 and EV9 BEVs and hybrid versions of the Sorento and Sportage SUVs and the Carnival MPV. In Europe, the company plans to launch the EV4 and EV5 models this year as well as the PBV5, following the recent launch of the EV3. "Kia reports record revenues, higher deliveries in Q1" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio

2026 Kia EV4 first look: Affordable style redefines compact EVs at the NY Auto Show
2026 Kia EV4 first look: Affordable style redefines compact EVs at the NY Auto Show

USA Today

time25-04-2025

  • Automotive
  • USA Today

2026 Kia EV4 first look: Affordable style redefines compact EVs at the NY Auto Show

2026 Kia EV4 first look: Affordable style redefines compact EVs at the NY Auto Show Show Caption Hide Caption New York International Auto Show celebrates its 125th anniversary The New York International Auto Show is celebrating its 125th anniversary this year. "The New York Auto Show really got things started for the auto industry back in 1900 at the old Madison Square Garden," said Show president Mark Schienberg. The regulatory climate surrounding EVs might be in flux, but Kia is pressing forward with an aggressive expansion of its electric vehicle offerings regardless. And why not? Kia doesn't seem to need government help building appealing EVs such as the big new EV9 three-row SUV, sporty EV6 crossover or forthcoming EV5 compact SUV. Next to be flushed down the product pipeline — er, zapped across the wire? The super affordable (and small) EV3 SUV, though it might not make it stateside, and these, the all-new 2026 EV4 sedan and hatchback models. The EV4 made its official debut at what Kia is calling its "2025 EV Day," an EV-focused event in Spain, with the U.S.-spec version landing at the 2025 New York auto show. And while we were also shown the EV4 hatchback, we'll pop your balloon up front: Only the sedan is coming here in early 2026 . The bigger news, however, is the expected price: Kia suggests the EV4 sedan will cost about $37,000 bucks when it lands stateside — and it made no carve-out for the $7,500 EV tax credit in that price, which we're taking to mean $37,000 will be the MSRP. Any government incentives would just be gravy on top, if they're still around in a year, of course... Trust us, it's mostly conventional In case you're staggered by the EV4's wild, concept-car looks, allow us to ground you somewhat with its (actual) size. The EV4 is a compact car, though it's notably smaller than the Ioniq 6 electric sedan built by Kia's corporate cousin, Hyundai, measuring a few inches shorter in length, about an inch narrower, and half an inch shorter in height, with a significant 5.1-inches-shorter wheelbase. This does not mean the EV4 is "small," though — it simply places it in line with conventional compact cars you're familiar with, namely the Honda Civic and Toyota Corolla, as well as Kia's own gas-fed K4. 2025 New York Auto Show: Highlights of every new car and SUV reveal Another differentiator? The EV4 is front-wheel drive, with a single front-mounted motor spinning out 150 kW of power (that's 201 hp); the Ioniq 6 is offered in both single- and dual-motor (all-wheel drive) configurations, but the two-wheel-drive version has its more powerful (225 hp) motor mounted arrears, driving the rear wheels. Other than their arrangement beneath the EV4's bodywork, the primary electric components — drive motor, battery, etc. — are shared with other E-GMP platform cars, including the Ioniq 6, Kia's own EV6 and EV9 and others. In America, the EV4 will come in three trim levels to start: EV4 Light, EV4 Wind and EV4 GT-Line. The Light model comes with the smaller of the EV4's two battery options, a 58.3-kWh unit good for a claimed 235 miles of range. The larger 81.4-kWh unit comes with the EV4 Wind and EV4 GT-Line models. Range estimates for the GT-Line (which also rides on larger 19-inch wheels than the Light or Wind, both of which use more modest 17-inchers) are TBD, for now, but Kia says the Wind, with its large battery and normal-sized wheels, should deliver 330 miles of range, best of the EV4 bunch. With either battery, the EV4 utilizes a 400-volt setup, a step down from the Ioniq 6's 800-volt architecture; this impacts charging times, if only slightly. The EV4 Light can be DC fast-charged from 10 to 80 percent in 29 minutes, while the big-battery Wind and GT-Line need 31 minutes. Equivalent Ioniq 6s can do the same deed in as little as 18 minutes. Interestingly, the EV4 Light's battery pack is smaller than the equivalent Ioniq 6's, while its bigger pack is larger, though the Ioniq 6 still beats the EV4 either way — small-battery 6s are good for 240 miles on the low end while big-battery models net 361 on the high end. But that stuff's boring — look at it! When the EV4 goes on sale next year, unless another automaker debuts a wilder-looking compact car, the EV4 will be the show-stealer in its segment. It even makes the Hyundai Ioniq 6, itself a vaguely Porsche-esque design with lots of crazy aerodynamic add-ons and wings — recently jazzed up for 2026, too — look normal. A Tesla Model 3 will fast become automotive wallpaper. After first seeing the EV4 in photos, we thought it seemed interesting, if a little awkwardly detailed. In person, the EV4 tries stealing the glances of everyone nearby with its angularity, snub-nose posture, and wide-set vertical LED lighting. We bet Cadillac designers are eating their hearts out right now — that's how successful the EV4's tall headlights are. Approach the EV4 from the front, and those LED slashes placed way out at the corners and the stubby, plunging hood make the car seem very wide. Walk around to the sides, and the Kia seems to stretch on and on — a clever visual trick of the tapered rear end, since, again, the EV4 is about the same size as a Civic. There is still a lot going on in the details, with intersecting cut lines, odd mixes of body-color and black-painted elements — especially around the roof — but the effect is more successful here than on Kia's conventionally powered K4 sedan, which is essentially this EV's gas-fed analogue. 2025 New York Auto Show: Hyundai's bold 2026 Palisade SUV debuts in New York City While some might lament the hatchback's exclusion from the U.S. market (for now), we think the sedan wears this styling better. The hatch is over eight inches shorter than the sedan, with all of that chopped from behind its rear wheels. As such, it suffers a severe case of pancake butt, and its T-shaped taillights seem ripped off the newest Chevy SUVs. And the sedan's long booty affords it a roomy boot, er, trunk — while the hatch's stunted length leaves its cargo hold relatively shallow front-to-back, though of course there is more vertical space than in the sedan. Eyeballing the two cargo areas, they seem about the same in size, just with the sedan's laid down and the hatch's standing upright. The hatchback also loses the EV4 sedan's more interesting double-bubble roof spoiler — yes, the four-door has winglets over the rear glass! — and width-emphasizing vertical taillights. Kia also claims the sedan wears the more slippery shape, slick enough for a super low 0.23 drag coefficient. Clever parts sharing While in Spain to meet the EV4, Kia let us loose on local roads in the new EV3 — which we previously drove in Korea — giving us a great opportunity to preview the EV4's cabin, as the two models share a lot. The centerpiece is a pair of 12.3-inch digital displays sandwiching a vertical 5-inch screen for climate controls, combined into one unit and perched atop the dashboard. It's the same as the gear installed in the EV3 (and a host of other recent Kia products), and it both looks great and works well (aside from the smaller HVAC screen's visual blockage by the steering wheel rim). But peer closely at the photos of the EV4's cabin here, then check out the EV3's — and you'll notice a lot of the same bits, just arranged on a slightly different canvas of door panels and dashboard components. Perhaps because all of these pieces look and operate so well, you won't notice or care that they also appear in other Kias. In fact, you'll appreciate the economies of scale they bring to the EV4's price tag, which Kia is claiming will be around $37,000 to start when it goes on sale here in America. With no mention of asterisks like "with the $7,500 EV tax credit included," we're taking that to mean the actual MSRP will be $37,000 and up. That's mega affordable for an EV in this class, with this much style. Hyundai's Ioniq 6 costs a little more, as does Tesla's Model 3 (though it qualifies for the tax credit, for now). We're genuinely excited to drive this EV4, and to see whether Kia eventually adds a second motor to the mix. Hey, it showed off the car in regular and sportier-looking GT-Line trim, though for now that GT-Line gets no extra performance, and we'd love to see the EV6 GT's 576-hp dual-motor arrangement in this smaller, lighter and even wilder-looking EV4. Photos by MotorTrend

Kia EV4 delivers sedan comfort with SUV versatility
Kia EV4 delivers sedan comfort with SUV versatility

Korea Herald

time23-04-2025

  • Automotive
  • Korea Herald

Kia EV4 delivers sedan comfort with SUV versatility

Kia debuted the EV4, its first full-electric sedan, aiming to shake up the automotive market dominated by sport utility vehicles. This sleek, extended vehicle, the company's fourth EV model following the EV6, EV9 and EV3, combines comfort with dynamic performance, well-equipped for city driving as well as leisure activities. 'The sales volume of SUVs takes up approximately 60-70 percent in Korea. However, we thought there should be a battery-powered sedan to address specific market demands,' said a Kia official during a media session in Gwangju, Gyeonggi Province, Wednesday. 'Although it is challenging to share a precise sales target -- especially for the domestic market — the EV4 will likely attract those in their 30s and 40s, who look to purchase an all-rounder EV for city driving.' In a single charge, the EV4 boasts a driving range of 533 kilometers, the longest among Hyundai Motor Group's EVs, the official added. 'This range is enough for commuting between Bundang in Seongnam, Gyeonggi Province, and Seoul for two weeks, while also allowing for one or two round-trips to nearby destinations on weekends. The driver will only need to charge the vehicle twice a month.' In addition to Korea, the key markets for the new sedan include Europe and North America. Notably, Kia offers the EV4 in a five-door hatch variant in Europe, catering to the region's penchant for hatchbacks. The annual EV4 sales target is similar to the EV3: 30,000 units for the domestic market and 200,000 units for overseas, according to the official. The Korea Herald got the chance to drive the long-range EV4 model on a 66-kilometer round trip through Hanam and Gwangju in Gyeonggi Province. The most distinctive feature of the sedan was how it maneuvered seamlessly on rough roads, minimizing vibration and outside noise. In sports mode, it roared like a high-performance sedan with a light touch on the accelerator and smoothly navigated over speed bumps without dramatically reducing its speed. Kia attributes the EV4's exceptional driving experience to its aerodynamic design, leveraging the sedan's lower air resistance. Compared to the EV3, which shares its battery and platform, the EV4 offers a smoother ride and better aerodynamics, extending its range beyond the EV3's 501 kilometers. When switched to normal mode, the vehicle maintains a well-balanced center of gravity, allowing for stable handling on winding courses. Other driving modes include eco, snow and customized options. Installed with LG Energy Solution's 81.4 kilowatt-hours battery, the EV4 also provides the highest energy efficiency among Kia's electric car lineups, achieving 5.8 kilometers per kilowatt-hour. Starting with a 92 percent battery charge in Hanam, the vehicle returned with 80 percent remaining after a 65.3-kilometer journey. The EV4 carries Kia's signature 'Tiger Face' design, blending vertical headlamps and star map lighting on the front. The car's sleek side silhouette flows smoothly from the low-slung hood to the edge of the trunk. With an extended wheelbase and a larger rear, the sedan's increased length offers spacious legroom and second-row space, comparable to an SUV. The mesh headrest in the front row also provides additional comfort during the drive. Available in three trims — Air, Earth and GT-line — the EV4 offers standard and long-range models. Prices start from 40.4 million won ($28,300) after applying the eco-friendly tax credit.

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