Kia sizes up record sales year in 2011

October 18th, 2011 by Darren Cottingham

Kia is on target to achieve a year of record sales both in New Zealand and globally as it continues to ship more vehicles to customers around the world.

With Kia sales increasing in growth markets like China (40.9% up in August) and the United States (up 37% in September), Kia Motors is on course to push past the 2 million vehicles sold in all markets in 2010. Global sales were already ahead by 13.8% at the end of August, reaching in excess of 1.6 million units. At the beginning of the year Kia said it hoped to achieve a 12% increase by the end of 2011 and it’s now clear that target will be reached, barring a major sales slump.

Whilst year-to-date sales of Kia vehicles here in New Zealand to the end September are 15% ahead of the same nine-month period last year, they could have been higher if the local company had been allocated more cars and light commercials.

“There is no doubt that our sales have been hampered by a shortage of key models, particularly during the beginning and middle part of the year, but supply issues are now starting to ease and we are hoping to end 2011 with a hiss and a roar and we’re looking forward to an even better 2012,” says Todd McDonald, General Manager of Kia Motors New Zealand. Continue reading “Kia sizes up record sales year in 2011” »

Four-cylinder cars keep gaining popularity in U.S market

July 27th, 2011 by Darren Cottingham

For many years in the States the main decision facing car buyers was to choose a six- or eight-cylinder engine in their favoured vehicle, but those days are now gone. The rising cost of fuel is a key factor in the shift to smaller engines also advancements in technology and more power from 4-cylinder motors has eased the change.

This huge swing in popularity to four-cylinder engines has been highlighted by a recent report from IHS Automotive. According to its findings, in the first half of 2011 more than 43% of passenger vehicles sold in the US were equipped with four-cylinder engines, compared to just 30% five years ago. In 2006, V6s had a 43% market share but four cylinders’ sales rose and those of six-cylinders declined, with four-pots becoming the most popular engine type for the first time in 2009.

So where does that leave the mighty V8? Well, in terms of new car sales it’s not looking good. Now V8-power only accounts for one in every six new cars sold, in 2005 that number was one in every three. Continue reading “Four-cylinder cars keep gaining popularity in U.S market” »