KIMTF News and Press, Kia Motors Corp Ord From 12/02/20

Kia Motors America (KIMTF) units sales down 5.2% Y/Y to 47,897.YTD Kia sales dropped 5.6% to 532,341 units.November also saw an uptick in midsize sedan sales performance, with the all-new K5 posting an 8.1% Y/Y increase in a segment that experienced an 11% decrease in sales Y/Y...

U.S. units of Hyundai (HYMLF) and Kia (KIMTF) agree to pay a record $210M in combined civil penalties after the National Highway Traffic Safety Administration said they failed to recall 1.6M vehicles for engine issues in a timely fashion.The NHTSA says the two affiliated Korean automakers agr...

With intention to work with President-elect Joe Biden, who has made boosting electric vehicles a top priority, General Motors ([[GM]] +4.4%) will no longer back the Trump administration’s effort to bar California from setting its own emissions rules in an ongoing court fight.GM Chief E...

EV bus maker Arrival is reported to be in talks to combine with blank check firm CIIG Merger Corp. Sources indicate that the enterprise value of the new company will be set at around $5B to $6B. BlackRock (BLK) is one of the investors in Arrival.The maker of electric commercial vans and buses...

Kia Motors America (KIMTF) reports October units sales rose 12.2% to 56,094, led by the award-winning Telluride SUV, which set an all-time monthly record of 9,697 units sold.YTD Kia sales down 5.7% to 484,444 units."Kia continues to outpace the industry, delivering record ...

Record global electric car sales for Sept. 2020, up 91% YoY, with 4.9% market share (3.4% YTD). Europe sales surged 166% YoY reaching 12% share, China sales rise 66% YoY. EV market news - New Jersey follows California in banning gas car sales by 2035. China sets sights on global EV do...

Kia Motors (KIMTF): Q3 Net income of KRW134B.Revenue of KRW16.322T (+8.2% Y/Y).Revenue Analysis (ex-China):Press Release For further details see: Kia Motors reports Q3 results

British electric vehicle startup Arrival discloses that it brought in $118M through investments by BlackRock (BLK). The maker of electric commercial vans and buses previously raised from $111M Hyundai Motor (HYMLF) and sister company Kia Motors (KIMTF), as well as an undisclosed amount from U...

Global electric car sales for August 2020 were up 58% YoY, with 3.8% market share (3.1% YTD). Europe electric car sales surged 171% with 11% market share in August. Wow! EV market news: California to ban new gasoline cars by 2035. Tesla Battery Day numbers were mind blowing. Forbe...

Kia Canada, a subsidiary of Kia Motors ( OTCPK:KIMTF )  sets a new record with 8,780 units sold in August +15% Y/Y, exceeding its best-ever July and record sales in June. More news on: Kia Motors Corporation, Consumer stocks news, Read more ...