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Kia to launch a new range-topping V8 saloon dubbed K9
Tue, 22 Mar 2011Kia will build their rumoured rear-wheel drive V8 saloon - but it won't come to the UK, sources in Korea have confirmed to CAR.Following the domestic badge hierarchy, this new range-topper would logically be called the K9. Perhaps that dog-inspired badge may explain why the car won’t come to Europe, but US sales are expected. Kia’s new range-topper: the ‘K9’ The new large Kia saloon was scheduled to be shown in 2011, but it has now been pushed back to a 2012 launch. The new saloon would sit above the front-drive 3.5-litre V6 K7/Cadenza saloon in the Kia line-up. CAR understands the new exec will be ready by May 2012. The K9 represents the first application of sister brand Hyundai's rear-drive technology from the Genesis and Equus. Expect Hyundai's 'Tau' V8 engine under the bonnet, along with the upcoming eight-speed automatic transmission which arrived in the Genesis R-Spec saloon at the 2011 Chicago auto show.
Ram, large SUVs boost Chrysler's May sales 11 percent
Mon, 03 Jun 2013Rising demand for Ram pickups, large SUVs and cars helped Chrysler Group's sales increase 11 percent in May. The company's car sales rose 16 percent while light truck deliveries advanced 9 percent, Chrysler said Monday. It marked the 38th consecutive month that the automaker's U.S.
Ferrari black: Prancing Horse turns a profit in first quarter
Wed, 06 May 2009Ferrari racers have always worn red. But black has been the standard-bearer for the company so far this year, as the Prancing Horse turned a $72 million trading profit in the first quarter. Making money amid the global economic crisis is no small feat--and Ferrari posted the gain despite a slip in sales and revenue.