Kia Builds 1 Millionth Car in Slovakia
The 1 millionth car rolled off the assembly line at Kia’s Zilina plant in Slovakia just a little over five years since the factory opened.
The milestone model was a white, diesel-engined Kia Cee’d SW that was handed over to a Slovakian children’s charity called the Red Nose Clowndoctors.
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Kia Makes a Record Number of Cars and Engines in Europe
Last year, Kia made production records in Europe with 252,000 cars and more than 359,000 engines rolling off the assembly lines at is Zilina plant in Slovakia. Kia’s European arm built 10 percent more cars and posted a 12 percent increase in engine production.
Kia said that it is planning to further raise output in Slovakia, aiming to produce 285,000 vehicles this year, while the opening of a second engine shop in 2011 will allow the company to build as much as 450,000 engines annually.
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NHTSA closes probes into Kia Sorento
The Detroit News reports that the National Highway Traffic Safety Administration has concluded its investigations into the Kia Sorento without ordering either automaker to issue a recall. NHTSA had received 18 complaints of fuel spilling from the filler port on certain 2003-2004 Kia Sorento models. Kia found the vehicles’ fuel evaporation system featured a canister filter that could become clogged over time. As a result, excess pressure could build up in the fuel tank, causing gasoline to regurgitate back out of the filler neck. The canister requires regular service, but isn’t mentioned in the owner’s manual. According to The Detroit News, Kia has agreed to conduct a service campaign involving around 86,000 2003-2004 Sorento models.
Hyundai Invest $12.2 Billion in 2012
Hyundai Motor Group, the owner of Kia brand, announced that it will invest $12.2 billion this year in research and development as well as on improving its facilities. Hyundai announced last October that their target for 2012 was 7 million units, up from 6.5 million in 2011. They also estimate that their growth could have been even larger had it not been limited by their plants’ output, many of which are operating at or near their maximum capacity.
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Kia Moves Production of Venga to Slovakia
Kia Motors it has begun assembly its Venga at its factory in Slovakia, which also builds the Cee’d family and the Sportage SUV. Up until now, Venga was produced at sister company’s Hyundai Motor in the Czech Republic.
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2012 Kia Rio 5-Door Hatch Priced
The all-new 2012 Kia Rio 5-door hatchback priced in the United States with a base price of $13,600 for the manual gearbox model, w/o $750 destination and handling fee (*total $14,350). The an automatic transmission model starts from $15,450, while the range-topping SX trim will set you back $18,750.
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Kia Clarifies that All Picantos have ESC as Standard
After Euro NCAP released the results of its latest crash tests, the Kia Picanto was the only one out of the 10 cars tested that was awarded four, and not five, stars. The reason being that the electronic stability control system (ESC) was not standard across its range, as the Euro NCAP tests mandate.
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New Three-Door Picanto for Britain
The new Kia’s Picanto is available with a three-door body style in Britain. The new Picanto will go on sale in the UK from the 1st of September with prices starting from £7,795 for the base:
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Kia’s Sales Increase by 36% in the II Quarter
Kia’s global sales increased by 21% during the last quarter compared to the same period in 2010. Kia sold 621,000 cars in that period, largely due to the increase in US sales. Kia’s progress in the U.S. market was impressive as it recorded a 67% increase in profits and 36% in sales. Deliveries in the U.S. will keep rising this quarter while Kia’s market share may slip as Japanese automakers return production to normal levels after the March earthquake, said Yim Eun Young, an analyst at Dongbu Securities Co.
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Put Money In Your Pocket by Saving on Your Car Insurance
With the economy in the state that it is currently in people are constantly looking for ways to save money and stretch their paychecks further. One place to save money is on your car insurance. There are several things that you can do in order to qualify for low cost car insurance rate quotes. One of the easiest things that you can do is to drive safely. Most companies will offer a safe driver discount to individuals that have not had any accidents or tickets.
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