KIMTF News and Press, Kia Motors Corp Ord From 07/01/21

Data by TrueCar estimates total new vehicle sales to reach 1.29M units in June (+16% Y/Y, -16% M/M), when adjusted for the same number of selling days.Excluding fleet sales, U.S. retail deliveries of new cars and light trucks is seen at 1.13M units (+11% Y/Y, -17% M/M); fleet sales ...

With more than 3 million people, Puerto Rico constitutes 0.65% of the overall U.S. new car market. Sales were down 11% in 2020, compared to 14% for the U.S. overall. The dominant brand in Puerto Rico is Toyota, which was down 13% and lost 0.7% market share. The biggest market shar...

The largest vehicle segment globally, and next after pickup trucks in the U.S., is the compact SUV, which has been led by the Toyota RAV4 in recent years. In the first quarter of 2021, Honda, Nissan, Kia+Hyundai and Ford all grew much faster than the segment’s 20% average, wher...

Commercial vehicle registrations in the European Union increased 51.3% to 165,363 units in May, followed by +179.2% in April.Spain saw the highest growth with +89.6%, followed by Italy +51.3%, Germany +46.4% and France +28.4%.On YTD basis, commercial vehicle registrations ...

Global electric car sales for April 2021 were up 249% YoY reaching 5.7% YTD share. Europe sales rose 136% YoY reaching 15% share, China sales rose 173% YoY reaching 10% share. EV market news - EV prices fall as battery technology improves, EV/ICE parity forecast by 2023. Consumers and...

Commercial vehicle registrations in the European Union expanded 179.2% to 171,283 units in April, followed by +95.3% in March.Low sales in April 2020 due to pandemic was the main reason for this triple digit growth.Three of the major EU markets posted triple digit growth in April, Italy ...

After Britain rejected Yellen’s call for a 21% minimum tax rate, the Treasury Department on Thursday officially proposed a radically lower global minimum corporate tax of 15%. Last week was a big week for housing statistics. Availability is tight, so the volume of sales is decl...

Kia Motors America (KIMTF) reports April sales growth of 121.3% to 70,177 units, surpassing the previous monthly high set in March 2021. "After a record-breaking first-quarter performance, Kia continued to outpace the industry in April as even more customers discovered our world-class and awa...

Global electric car sales for March 2021 were up 173% YoY, reaching 8.2% share. Europe sales rose 169% YoY, reaching 16% share, while China sales rose 244% YoY, reaching 11% share. EV market news - Forecast: Electric vehicle sales will crack 5 million in 2021 reaching 7% share. Joe Bi...

Apple is still expensive despite a $20 dip in the stock price. The company is forecast to resume growth below the 10% rate starting in FY22. Investors appear willing to assign far too much value to hyped products such as the Apple Car. Investors should avoid Apple above $125. ...