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Kia, Car Buying, Automotive News
#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.
Jun 03, 2011 (6:16 am)
That's probably true. Many of the Asian economies work on systems that would scare American economists---but then, we seem to have operated on systems that failed to scare our own economists enough.
Well, pot, meet kettle. The US gov'mint certainly seems to have kept GM and Chrysler out of the grave these last few years, and successfully so---
#37 of 58 And for an even scarier thought...
Jun 03, 2011 (7:50 pm)
our Federalees don't even know where their own money is going to...remember that CSPAN of a month or so ago where the woman in charge didn't know how this huge chunk of Federal money was being allocated when she was asked that particular question? Scary, but true.
We're not doomed but we're always ready to make a bailout...I...I mean a bankruptcy...ooops...I...I mean another ride in the NYC Cashcab or the CHI Cashcab...a reality.
Now that America's problems are all solved I'm gonna go witness another Seattle Mariner's victory on the tube. I've got more important ventures to pursue.
#38 of 58 Re: And for an even scarier thought... [iluvmysephia1]
by MrShift@Edmunds HOST
Jun 04, 2011 (5:52 am)
Oh that's probably more scare tactic than true...most government loans have very strict accounting and require lots of accountability. You'll hear all kinds of bad info on economics from the mouths of media.
Fact is, bailouts of the car companies seems to have worked, at least for now.
I doubt most car companies in the world would still exist were it not for some form of government assistance, either financial or regulatory or protective.