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New Kia Rio 3-door arrives
Thu, 26 Jan 2012New Kia Rio 3-door arrives for £600 less than the 5-door The new Kia Rio three-door sees the Rio arrive in three door guise for the first time. Same engines and options as the five-door only a bit cheaper. Kia revealed the three-door Rio at the Frankfurt Motor Show in September, and has now announced its arrival in the UK, with expectations the sportier-looking three-door Rio will account for up to 25 per cent of sales.
Hyundai to badge premium cars as ‘Genesis’?
Wed, 08 Feb 2012Will Hyundai's premium cars - like the Equus (pictured) - get a Genesis badge? Reports from the US say that Hyundai is considering badging their premium cars as ‘Genesis’, although there will be no Genesis ‘Brand’. The rumours that Hyundai want to move in to Lexus and Infiniti territory by creating a luxury sub-brand – Genesis being the favoured moniker – have been doing the rounds for years.
All used up: Pre-owned sales rise as consumers seek new-car alternatives
Fri, 22 May 2009Used-car sales took a leap upward in April, and the trend is expected to continue at least until midyear as pent-up demand for affordable pre-owned vehicles jacks up at least one segment of the car marketplace. Sales of new cars continued an unabated slide toward what analysts say is a 30-year low in the United States, but used-car sales showed strength as buyers unable to finance new cars shifted their sights to less expensive used models. As a result, retailers such as the large Penske Automotive Group reported that despite an overall decline in sales in the first three months of 2009, improving used-car sales kept them in the black.