@Hyundai: Kia Announces Global Sales Record for 2024 and Shares 2025 Targets

Kia’s global sales in 2024 reached 3.1 million units, setting annual global record for the second year in a row Outside of Korea, Kia sold 2,543,361 units, up 1% Y/y In Korea, Kia sold 540,010 units, down 4.2% Y/y Kia targets sales of 3.22 million units globally in 2025 Kia aims to solidify EV leadership… Continue reading @Hyundai: Kia Announces Global Sales Record for 2024 and Shares 2025 Targets

Hyundai Motor India transports 26% of domestic sales by rail in 2024

Hyundai Motor India transported 26% of its domestic wholesale volume or 1,56,724 units through rail freight in 2024. This led to a reduction of 18,352 tons of CO2 emissions, the company said. It utilized Indian Railways’ extensive network to optimize its logistics, including 100% rail dispatches to the North-East region. Over the past four years,… Continue reading Hyundai Motor India transports 26% of domestic sales by rail in 2024

Hyundai Motor India transports 26% of domestic sales by rail in 2024

Hyundai Motor India transported 26% of its domestic wholesale volume or 1,56,724 units through rail freight in 2024. This led to a reduction of 18,352 tons of CO2 emissions, the company said. It utilized Indian Railways’ extensive network to optimize its logistics, including 100% rail dispatches to the North-East region. Over the past four years,… Continue reading Hyundai Motor India transports 26% of domestic sales by rail in 2024

Hyundai and Kia now qualify for the federal EV tax credit

/ However, the program could come to an end soon under the new Trump administration. By Umar Shakir, a news writer fond of the electric vehicle lifestyle and things that plug in via USB-C. He spent over 15 years in IT support before joining The Verge. Share this story Photo by Andrew J. Hawkins /… Continue reading Hyundai and Kia now qualify for the federal EV tax credit

Tesla shares slide after it reports first drop in annual deliveries

watch now Tesla posted its fourth-quarter vehicle production and deliveries report on Thursday. Here are the key numbers: Total deliveries Q4 2024: 495,570 Total production Q4 2024: 459,445 Total annual deliveries 2024: 1,789,226 Total annual production 2024: 1,773,443 Results for the quarter represented the first annual drop in delivery numbers for Tesla, which reported 1.81 million deliveries… Continue reading Tesla shares slide after it reports first drop in annual deliveries

TMS Motor Group acquires Loughborough Kia

TMS Motor Group has acquired Loughborough Kia and strengthened its presence in Leicestershire. Oli Johnson hands over the keys from one family to another. The service offered by Kia Loughborough is now bolstered by the enhanced offerings and greater choice of vehicles from TMS Motor Group. Len Hallows, MD, said: “We are thrilled to welcome… Continue reading TMS Motor Group acquires Loughborough Kia

Kia Concerned That Employee Forgot to Bolt Seats Down in Potentially Tens of Thousands of Cars

Hold onto your butts. Bolt from the Blue The sophomore year of Kia’s three-row electric SUV has come to a pretty inauspicious conclusion. This week, the Korean automaker issued a recall for nearly 23,000 EV9 electric cars for the 2024-25 model year after discovering that some of them had seats that weren’t fully bolted down… Continue reading Kia Concerned That Employee Forgot to Bolt Seats Down in Potentially Tens of Thousands of Cars

Tesla reports its first-ever annual drop in deliveries

Tesla has reported its first-ever decline in annual deliveries. The total number of deliveries for 2024 hovers at around 1.78 million, but the company delivered 1.81 million vehicles in 2023. Company shares fell by as much as seven percent at the news, but has since rallied a couple of points. This follows similar news from… Continue reading Tesla reports its first-ever annual drop in deliveries

BizzyCar End of Year Recall Report Shows 27 Million Vehicles Recalled in 2024, Tesla Leading in Recalls for the Year, and a Turn Around Story for Ford

ST. PETERS, Mo., Jan. 2, 2025 /PRNewswire/ — BizzyCar, a leading recall management platform for car dealerships that exponentially increases service revenue, today released their Q4 and Year-End Recall Report noting the dominant recall trends that closed out 2024. While 2024 saw a notable decline in recall numbers (27 million) from 2023 (33 million), when… Continue reading BizzyCar End of Year Recall Report Shows 27 Million Vehicles Recalled in 2024, Tesla Leading in Recalls for the Year, and a Turn Around Story for Ford