Consumers don’t want to buy a car totally online, according to Jaguar Land Rover (JLR) UK managing director Rawdon Glover. “Less than 10% of customers want a completely digital experience,” he said. “Manufacturers that will win in this space will make the car-buying journey as easy as possible.” JLR is one of a number of car… Continue reading Jaguar Land Rover UK boss: buyers don’t want digital-only car sales
Tag: Hyundai
Kia Motors India to begin trial production at Anantapur plant in January 2019
Kia Motors India to begin trial production at Anantapur plant in January 2019
Hyundai plans low-wage plant in bid to slash costs
Carmaker sparks anger with plan for factory that will pay workers half as much as peers Go to Source
Hyundai Motor’s South Korean workers to strike Thursday: union source
SEOUL (Reuters) – Hyundai Motor’s South Korean union will stage a four-hour strike on Thursday to protest against the automaker’s move to set up a low-cost carmaking joint venture, a union source told Reuters. The decision was made during a meeting of union representatives on Wednesday, he said. A union spokesman confirmed the plan. Reporting… Continue reading Hyundai Motor’s South Korean workers to strike Thursday: union source
Hyundai partners with AI start-up to make HD maps for autonomous cars
(Image: Hyundai) Hyundai Mnsoft will collaborate with AI startup Netradyne for the development of high definition maps for next-generation vehicles, the companies announced. Hyundai Mnsoft, a subsidiary of Hyundai Motor Group focused on navigation solutions, will leverage Netradyne’s crowd-sourced deep vision technologies for the development of HD maps. Netradyne, founded in 2015, specialises in using… Continue reading Hyundai partners with AI start-up to make HD maps for autonomous cars
Kia Motors America anuncia sus ventas de noviembre
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Top Automotive Industry News for Week of October 15 – October 21, 2018
Here is the most important news associated with the automotive industry
identified by the AEA for the week October 15, 2018 – October 21, 2018.
We hope it helps you stay up to speed on the key developments in our
industry:
-AEA Membership News-
AEA Reception is tonight in Las Vegas. See you there!
-Automotive Manufacturing News-
Audi slapped with a $930 million fine by German prosecutor for its
diesel cheating scandal
(CNBC)
Daimler Cuts Earnings Estimates as Outlook Gets Tougher
(The Detroit Bureau)
Ford's new 'Proud' ad campaign features Bryan Cranston from
'Breaking Bad
(USA Today)
Ford and Volkswagen flirting with relationship possibilities and
joint projects
(USA Today)
Ford boosts production of its $400,000 GT supercar as demand
outpaces supply six-to-one
(CNBC)
Ford seeks to allay dealers’ worries with ‘comeback story’
(The Detroit News)
Frustrated GM investors ask what more CEO Barra can do
(Reuters)
GM Offers Extended Warranties As Reliability Ratings Improve And
Scammers Surge
(Forbes)
Hyundai's Nexo Stands Out As The First Truly Complete Fuel Cell
Electric Vehicle
(Forbes)
Judge approves Elon Musk settlement with SEC
(The Detroit News)
New Chips Improve Tesla Autopilot “500% to 2000%,” Musk Says
(The Detroit Bureau)
Porsche denies speculation that it's planning to go public
(CNBC)
Tesla buys new plot for China factory for $140 million
(CNBC)
Tesla, GM in line for EV boost under U.S. Senate bill
(Automotive News)
VW's Porsche expects to repeat record vehicle sales this year
(Reuters)
-Automotive Evolution News-
Clutch Looks To Increase the Number of OEMs, Dealers on Its
Subscription Platform by Year’s End
(Auto Finance News)
Future of electric-car tax credit up in the air
(The Detroit News)
Google’s Waze expands carpooling tool throughout U.S.
(The Detroit News)
How car subscription app Fair wants to disrupt the market for car loans
using subscriptions
(CNBC)
Kids' Ride Service Race Heats Up As Zūm Expands To Take On Kango,
HopSkipDrive
(Forbes)
Not everyone is ready to ride as autonomous vehicles take to the
road in ever-increasing numbers
(CNBC)
The Computer Chauffeur Is Creeping Closer
(The New York Times)
Waymo details how emergency services should deal with self-driving
incidents
(autoblog)
-Automotive Retail News-
Assurant Launches Mechanic 2.0
(Auto Dealer Monthly)
Best budget-friendly small cars include Kia, Honda, Hyundai and
Mazda sedans
(USA Today)
Black Book Valuation Data Now Integrated With CDK’s Lightspeed EVO
(Auto Dealer Monthly)
CarMax pinpoints where its sales of manual transmissions are
rarest, most common
(Auto Remarketing)
Change Is Coming to Automobile Dealerships
(Forbes)
Equifax: Vehicle Sales Down, Borrowing Up
(Auto Dealer Monthly)
GM Rolls Out Optional Extended Warranty
(Auto Dealer Monthly)
-Automotive Wholesale News-
5 trends surface as wholesale-price softening accelerates
(Auto Remarketing)
Weekly Vehicle Values Fall Precipitously
(Vehicle Remarketing)
-Automotive Enthusiast News-
These Are the Most Valuable Cars Jerry Seinfeld Has Featured on
Comedians in Cars Getting Coffee
(Car and Driver)
-Automotive Servicing News-
Goodyear offers replacement tires at consumers' homes
(Automotive News)
Safety administration investigates Ford pickup tailgates opening
unexpectedly
(Detroit Free Press)
-General Business & Executive News-
Auto Classified Industry Veterans Skip Dowd and Ernie Blood Launch
MautoSearch
(Medium)
Car-shopping company Shift seeks to follow Carvana with 2020 IPO
(Automotive News)
Cox to shed staff as it restructures
(Automotive News)
Dealer Inspire Expands in Canada Offering New Digital Marketing Options
for Automotive Dealers
(Cars.com)
Google Adds EV Charging Stations to Google Maps
(Cars.com)
Report: Uber, Lyft each looking to go public in 2019 as rivalry
heads to Wall Street
(USA
Today)
Walmart to team with Advance Auto Parts for online store, lowers FY
2019 earnings forecast
(USA Today)
U.S. retail sales increase modestly; consumer spending strong
(Reuters)
-AEA Reminder-
Did we miss something? Let us know via our
Contact Us Page >>
. If you have specific important news going public soon that you would like
to share with your fellow AEA Members, submit your
PR Distribution Request >>
Have a great week,
Member Services
memberservices@automotiveexecutives.com
Automotive Executives Association
www.automotiveexecutives.com
Here’s why Kia Soul EV and Kia Niro EV both get big 64-kwh battery packs
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2020 Kia Soul EV
One key specification in the 2020 Kia Soul EV that was revealed at the LA Auto Show this week was a bit unexpected: its inclusion of a large, 64-kwh battery pack.
That leaves two vehicles—the Soul EV and the 2019 Kia Niro EV—with the same big battery. And both will be arriving at U.S. dealerships in the first quarter of 2019.
Based on earlier hints, we expected Kia to fit the more city-focused, lease-oriented Soul EV with the company’s 39-kwh pack. So we asked Kia why it decided to go big on battery for both of these high-utility hatchbacks.
Simply put, according to Kia, it’s what existing Soul EV drivers want. And the Soul EV and Niro EV don’t really compete with each other.
DON’T MISS: 2019 Kia Niro EV rated at 239 miles, on sale soon
“The plan all along was to maximize range, because that’s what our customers want,” said Steve Kosowski, the manager of long-range strategy and planning at Kia Motors America.
2020 Kia Soul EV
When, in late 2015, the company surveyed its customers about what range they wanted in a next vehicle, they were a bit surprised about how high the range they wanted was. “The median range was 208 miles,” said Kosowski. “So from this we learned that 200 miles is sort of a magical number.
CHECK OUT: 2020 Kia Soul EV has more punch, faster charging, and a lot more battery
The 39-kwh pack couldn’t meet that, so it was ruled out at that point in the development process. “It was very telling, we got a lot of very valuable information from that survey,” said Kosowski. “One of the engineers asked, why do you want to carry all this weight around if you only use a portion of the battery most of the time; but I think the industry has shown, and consumers have shown, that 200 is the new floor.”
That happens to be quite close to what Honda describes as the process in deciding why it didn’t need significantly more range in its Clarity Electric, versus its former Fit EV (by surveying owners). Honda settled on just 25.5 kwh and an EPA-rated 89 miles of range. So apparently not everyone agrees.
READ MORE: 2019 Kia Soul EV drops most affordable trim
Kia says that, despite the similarities, very few if any shoppers will consider both the Soul EV and the Niro EV. Soul EV customers want the car to be more vibrant and youthful—thus the brighter color palette—with the capability to take along a bike, surfboard, or dogs, Kosowski said, while Niro EV buyers are more understated and more likely to have kids.
2019 Kia Niro EV
The Niro is the flagship eco-car for Kia, so it will be the somewhat higher-priced, more premium offering in the lineup than the Soul EV.
At a current estimated cost, according to the Union of Concerned Scientists, of more than $200 per kilowatt-hour, including manufacturing costs and ancillary pieces like the pack case and cooling system, the 64-kwh battery pack could cost several thousand dollars more than the 39-kwh one, even when considering the economies of scale. But if more existing owners re-up for the new model because of it, and Kia is able to sell more Soul EVs rather than unload them via lease deals, the range bump may pay off handsomely.
Top Automotive Industry News for Week of October 22 – October 28, 2018
Here is the most important news associated with the automotive industry
identified by the AEA for the week October 22, 2018 – October 28, 2018.
We hope it helps you stay up to speed on the key developments in our
industry:
-Automotive Manufacturing News-
Consumer Reports: Tesla's reliability tumbles to near the bottom in
latest survey
(USA Today)
Dyson vacuum cleaner company to build electric vehicle factory in
Singapore
(USA Today)
Eight Essential Questions For GM’s Mary Barra
(Forbes)
Feds defend voluntary robot car regulations
(The Detroit News)
Fiat Chrysler's Manley makes mark with $7B deal to sell Magneti Marelli
(Detroit Free Press)
Ford CEO says restructuring is 'a massive undertaking' that must be
'very thoughtfully orchestrated'
(CNBC)
Ford hires new China chief to tackle daunting turnaround task
(Reuters)
Ford seeks to allay dealers’ worries with ‘comeback story
(The Detroit News)
Ford shares jump after strong truck sales help third-quarter results
beat expectations
(CNBC)
Ford talks with VW to help reverse losses overseas
(The Detroit News)
GM Calls For National Electric Vehicle Policy, Says EVs Should Be 25%
Of All New Cars By 2030
(Forbes)
GM earnings: No. 1 U.S. auto maker needs to show it has a strategy to
boost ailing share price
(MarketWatch)
Here Are The Most- And Least-Reliable Rides On The Road For 2019
(Forbes)
Hyundai Motor posts big profit miss on U.S. recalls; shares dive
(Reuters)
Losing Money, Ford Shakes Up Struggling Chinese Operations, Appoints
New CEO
(The Detroit Bureau)
Report: FBI conducting criminal investigation into Tesla
(The Detroit News)
Smart brand might be doomed
(autoblog)
Tesla's Elon Musk made four big assertions — with asterisks
(LA Times)
Tesla Makes Good On Elon Musk’s Promise As Model 3 Drives $312 Million
Profit
(CNBC)
Tesla says has not received subpoena on Model 3 production
(Reuters)
The giant trucks Chevy, Ford, Ram really want to sell
(Detroit Free Press)
Which new technologies make vehicles unreliable?
(Detroit Free Press)
-Automotive Evolution News-
18 Automotive Startups and Their Chances of Survival
(Car and Driver)
Apple Files Patent Linked to AV Driving
(The Detroit Bureau)
Driverless Cars May Increase Cases Of Motion Sickness
(Forbes)
How Jaguar Land Rover Is Getting Ready For The 4th Industrial
Revolution: AI and Autonomous Cars
(Forbes)
GM’s multibillion-dollar driverless car gamble hits some bumps
(autoblog)
Tesla 'obviously' plans to take on Uber and Lyft, says CEO Elon Musk
(CNBC)
Waymo is testing what it should charge for its robotaxi service
(TechCrunch)
-Automotive Retail News-
Auto classified industry veterans roll out new dealer advertising
platform
(Auto Remarketing)
DAS Releases Dealer Social Media Study
(Auto Dealer Monthly)
Edmunds: Used-car sales this month look a lot like September's
(Auto Remarketing)
New Vehicle Sales Expected to Cool in October
(The Detroit Bureau)
Survey: Many Dealers Unaware of NCFC Tax Concerns
(Auto Dealer Monthly)
-Automotive Wholesale News-
Typical October wholesale price movements take hold
(Auto Remarketing)
Used Values Returning to Normal Levels
(Vehicle Remarketing)
-Automotive Enthusiast News-
30 fun and useful car gifts auto enthusiasts will love — according to a
car collector
(Business Insider)
-Automotive Servicing News-
AAA: Enhanced Safety Enhances Repair Costs
(Auto Dealer Monthly)
BMW expands recall to 1.6 million vehicles worldwide over fire risk
(USA Today)
Ford recalls 1.5 million Ford Focus cars that could stall with fuel
tank problem
(USA Today)
Mitsubishi, Dealer-FX launch digital service platform for dealers
(Auto Remarketing)
-General Business & Executive News-
Cox: Mobility Will Reduce Dealership Count
(Auto Dealer Monthly)
Rate hikes are already squeezing these businesses
(CNN)
TIME And Ally Financial Honor Auto Dealers
(PR Newswire)
-AEA Reminder-
Did we miss something? Let us know via our
Contact Us Page >>
. If you have specific important news going public soon that you would like
to share with your fellow AEA Members, submit your
PR Distribution Request >>
Have a great week,
Member Services
memberservices@automotiveexecutives.com
Automotive Executives Association
www.automotiveexecutives.com
Hyundai Kona Electric Charging Rates Compared: 39-kWh vs 64-kWh
41 M BY DOMENICK YONEY Bigger is better! The Hyundai Kona Electric is available in some markets with either a 39-kWh or a 64-kWh battery. The biggest difference is the range each will travel on a charge, but there are other aspects buyers should be aware of. One of those is charging speed while connected… Continue reading Hyundai Kona Electric Charging Rates Compared: 39-kWh vs 64-kWh