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Kia, Car Buying, Automotive News
#26 of 58 Re: Kia is far from dead... [lemko]
by MrShift@Edmunds HOST
Mar 08, 2011 (8:36 pm)
KIA is doing better than I ever expected, but I do wonder about the low resale value. This is not a good thing for future buyers.
#27 of 58 good news ... for the competition
by Stever@Edmunds HOST
May 22, 2011 (5:55 am)
This may slow the seeming Juggernaut down a bit:
"Hyundai Motor Co. said Sunday that labor strife at engine-parts maker Yoosung Enterprise Co. is disrupting automobile production for it and affiliate Kia Motors Corp., and warned a prolonged production halt at Yoosung could deal a major blow for several South Korean car makers"
Labor Strife Disrupts Hyundai, Kia Production (WSJ)
#29 of 58 Re: we need a name change [steve_]
Jun 02, 2011 (5:17 pm)
And they are opening a dealership here in town. Right where the Chevy dealership died.
Jun 02, 2011 (5:58 pm)
Yeah, I think the death watch is over. When there's a Kia that I would seriously consider if I was shopping in the car's given class, that says something
Jun 02, 2011 (6:30 pm)
Well no "death watch", but it is a company that trades in price and style over technology and quality, so we'll have to see if that strategy works or not. Kia obviously wants the entry-level market on a number of starting levels.
Jun 02, 2011 (7:59 pm)
2012 Kia Rio hatchback
That I really do like and would find a test drive to be cool.
#33 of 58 Re: . [Mr_Shiftright]
Jun 03, 2011 (5:53 am)
Well to be fair, even 5 years ago they didn't have any of the style, and the Koreans have been advancing in engine technology. As purchasing power and real incomes decline, along with their product improving (who says massive federal subsidies and bailouts can't work?), they have some future.
Jun 03, 2011 (6:11 am)
Well they've surprised me. I think my comments were directed more toward the idea that not only is competition fierce on the lower end but profits are smaller.
You remember the old joke about one merchant asking another how he could sell his products at a loss?
"I make it up in volume!"
#35 of 58 Re: . [Mr_Shiftright]
Jun 03, 2011 (6:13 am)
Wasn't that GMs slogan for a generation or so?
The margins are lower for sure. I doubt Kia has to worry though, Koreans are very proud of their industry and their feds will step in again if the ship takes on any water.