KIA

Hyundai and Kia See Accelerating Sales in September

Hyundai and its stablemate Kia have been taking U.S. auto market share gradually for more than two decades. Lately, though, those chunks have gotten bigger. The South Korean car makers' sales are expected to surge almost 25% in September compared to the same month year ago, according to research firm Truecar.

Why Wall Street Is Betting Against General Motors

Short sellers have significantly increased their bet that GM shares are going to drop: Short interest in the No.1 U.S. car company jumped 26.5% to 41.5 million shares in the two-week period that ended May 15.

February's Sales Put Carmakers in the Fast Lane

It was a good month for auto sales despite inclement weather across much of the country and surging oil prices. Cars sold near an annual pace of 13 million vehicles. That would make February the best on record since the "cash for clunkers" rebate program in 2009.

How Hyundai Turned a Corner in the U.S.

Despite tepid industry sales last year, sister South Korean carmakers Hyundai and Kia set sales records, thanks to savvy designs and sophisticated engineering. They've come a long way from their early econo-box image. Now, if they could just do as well at home.

January Auto Sales Should Build on 2010's Momentum

A slowly brightening economy combined with low financing rates and generally stable fuel prices have put consumers in a buying mood. New models, particularly from Ford and GM, are also helping to keep U.S. auto sales on a positive trajectory as 2011 starts.

Upbeat Consumers Push Auto Sales Higher

The nation's automakers ended 2010 on an upbeat note with most reporting higher sales for December. Consumers seemed to put concerns about the U.S. economy on hold and more than offset reduced demand by fleet customers, such as corporations and rental-car companies.

December Auto Sales: Set to End 2010 in High Gear

The economy may be less robust than most Americans would like, but that didn't stop many of them from hitting car dealer showrooms in December, likely propelling auto sales in the final month of 2010 to 1.13 million units, the year's highest levels.

Hyundai/Kia and VW Top Latest Safety Ratings

Who makes the safest cars? Hyundai Motor and its sister make, Kia Motors, along with Volkswagen and its luxury brand, Audi, garnered the most awards in the recent vehicle crash tests conducted by an insurance industry testing group.

Hyundai and Kia Recall 9,500 SUVs for Brake Problem

South Korean automakers Hyundai and Kia are combined recalling about 9,500 vehicles to repair a brake component that may cause brake fluid to leak, impairing braking ability, according to federal safety officials.

U.S. November Auto Sales Show Plenty of Zip

It's traditionally one of the slowest months of the year for vehicle sales, but most automakers reported higher U.S. sales in November compared to a year ago, despite continued consumer caution about the slow economic recovery.

Trucks and SUVs Should Fuel November Auto Sales

Rising confidence among U.S. consumers is expected to translate into healthier numbers for the nation's automakers when they report November sales figures Wednesday. Domestic automakers fared better than their foreign counterparts as sales rebounded further from last year's anemic levels, according to analysts.

Kia Motors to Sell New Cars on eBay

Kia Motors Corp. (KIMTF) will start selling new vehicles through eBay Inc (EBAY) in a bid to expand U.S. sales. More than 300 of the company%u2019s 725 U.S. dealers are enrolled to list inventory on eBay and on kia.ebay.com, Bloomberg News reported.

October Car Sales Point to an Auto Rebound

Buoyed by consumers' increased confidence in the U.S. economy, automakers with few exceptions reported higher sales of cars and trucks in the U.S. during October compared to a year ago.

A Record U.S. Sales Month for Foreign Carmakers

Based on initial reports, foreign automakers appear to have had their best sales so far this year in October despite consumer wariness about the lackluster economy. Hyundai, Kia, Subaru and Volkswagen all turned in solid performances.

October Auto Sales: Is the Market Improving?

Automakers on Wednesday are expected to report a mixed picture for October: mostly better than a year ago, but down slightly from September. Still, the pace appears strong enough that the upper end of full-year sales forecasts of 11.5 million to 12 million units is reachable.

GM Vehicles Rise in Consumer Reports' Latest Quality Survey

Although Honda and Toyota remain the benchmark of reliability in the U.S. automobile industry, General Motors has made considerable strides in improving the quality of its cars and trucks, according to the magazine's 2010 Annual New Car Reliability Survey.

Auto Industry Cruises on Slow, Steady Demand

Though vehicle sales have underperformed some analyst expectations in recent months, results are much improved compared to those of a year ago. The industry is seeing a broad trend that is benefiting nearly all automakers.

Dogged By Weak Economy, August Auto Sales Slump

As expected, automakers Wednesday reported sluggish sales for August. The nation's anemic economic recovery kept consumers away from dealerships, despite generous end-of-model-year incentives on the part of many manufacturers.

Hyundai Shifts Santa Fe SUV to Kia Plant in Georgia

Next month, Korean automaker Hyundai will begin building its popular Santa Fe SUV at a Kia plant in West Point, Ga., where its sister company makes the Kia Sorrento SUV. The move is expected to boost the number of workers associated with the plant from 1,900 to 7,000.

South Korea's Kia Faces a Federal Safety Probe

Kia, however, may soon the face the sort of scrutiny directed at Toyota and Honda. The National Highway Safety Administration on Monday said it's begun a preliminary investigation into steering problems involving the 2010 Kia Soul.

Despite a Cooler Economy, Auto Sales Warm Up

Among domestic makes, Ford Motor, General Motors and Chrysler Group all reported total increases in the single digits, but Japanese giants Toyota and Honda slipped. Beyond those, carmakers in Asia and Europe pretty much all had a solid month.

U.S. Auto Sales May Have Revved Up in July

Analysts' expectations are that sales rose to the highest levels of the year last month, reaching an annualized rate of 11.9 million units. Eager to make room for 2011 models on dealers' lots, automakers have hiked incentives, drawing summertime bargain-hunters.

Car Sales Rise, but Signs of Slowing Emerge

Automakers reporting June sales results Thursday painted a mixed picture for the economy, one that show signs of weakening even as they moved more cars off dealers' lots.