KIMTF News and Press, Kia Motors Corp Ord

2023-05-10 06:24:08 ET Summary Global electric car sales for March 2023 were up 28% YoY to 16% share. China sales up 23% YoY to 34% share. Europe up 29% YoY to 23% share. EV market news - EPA proposes auto pollution limits to aggressively boost EV sales. IEA says "nearly one in fi...

2023-05-03 12:06:55 ET Summary ON Semiconductor Corporation reported Q1 2023 earnings with automotive revenue increasing 38% YoY, consistent with other semiconductor company reports. ON Semiconductor doubled its market share in the silicon carbide chip market. The company also...

2023-05-02 12:39:53 ET Summary Unlike China and Europe, the U.S. is a growth market for battery electric vehicles, or BEVs, with a very small number of significantly over-catered segments. Vehicle sales statistics indicate very strong trends by Tesla's BEV rivals: predominantly Lu...

2023-04-25 05:42:20 ET To  boost electrification efforts in its largest market, Hyundai Motor ( OTCPK:HYMTF ) had finalised a $5B electric vehicle (EV) battery joint venture in the U.S., Reuters reported Tuesday. Hyundai and its partner SK On, a battery company of SK Innov...

2023-04-08 05:29:00 ET Summary Global electric car sales Feb. 2023 were up 49% YoY to 14% share. China sales up 56% YoY to 33% share. Europe up 14% YoY to 20% share. EV market news - EV demand sentiment was weighed on by some automakers in China heavily discounting ICE vehicles in...

2023-04-03 05:44:47 ET Kia Motors America ( OTCPK:KIMTF ) kicked off 2023 with a record Q1 sales of 184,136 units, a 15% increase over the previous high set in 2021. March sales of 71,294 units (+19.8% Y/Y) were the company's second-highest monthly performance in history, and the ...

2023-03-31 08:00:00 ET Summary This note takes a brief look at Ford’s data, examines EVs from a thematic ETF perspective, and looks deeper into profitability issues from an ex sell-side analyst perspective. U.S. battery electric vehicle sales grew 65.8% in 2022, according t...

2023-03-24 07:15:47 ET Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify U.S. prepared to take more actions to ensure deposits are safe, Janet Yellen says (00:50). Deutsche Bank ( DB ) shares tumble as cost of defa...

2023-03-04 06:31:40 ET Summary Global electric car sales Jan. 2023 were up 10% YoY to 11% share. China sales down 8% YoY to 26% share. Europe up 3% YoY to 17% share. EV market news - Rho Motion forecasts over 14 million global BEV and PHEV sales in 2023. No more fossil-powered tax...

Kia Motors America ( OTCPK:KIMTF ) reports sales rose 3.9% over the previous October sales record set in 2020, and an 11.9% improvement Y/Y to 58,276 units, driven by the Sportage family of SUVs, including the Sportage HEV and PHEV models, which were up 118% ov...