Kia Rio

New-Vehicle Average Transaction Prices Retreat for Second Straight Month, According to Latest Kelley Blue Book Estimates

Retrieved on: 
Monday, March 11, 2024

ATLANTA, March 11, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in February 2024 held mostly steady, according to an analysis by Kelley Blue Book, falling less than one-tenth of 1% from the revised January ATP.

Key Points: 
  • ATLANTA, March 11, 2024 /PRNewswire/ -- New-vehicle transaction prices (ATP) in February 2024 held mostly steady, according to an analysis by Kelley Blue Book, falling less than one-tenth of 1% from the revised January ATP.
  • Incentive packages continue to be highest with Infiniti, Audi, Mini, and Polestar, all over 10% of average transaction price, according to Kelley Blue Book estimates.
  • Incentives at Land Rover averaged only 2.0% of ATP, according to the Kelley Blue Book estimates.
  • Model 3 transaction prices last month, at $43,614, were lower year over year by 12% and near the lowest level on record.

Standard Motor Products Releases 118 Numbers in February Announcement

Retrieved on: 
Tuesday, February 27, 2024

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (SMP®) is pleased to announce the introduction of 118 new part numbers in its February new number announcement. This recent release provides new coverage in 57 distinct product categories and 55 part numbers for 2023 and 2024 model-year vehicles.

Key Points: 
  • This recent release provides new coverage in 57 distinct product categories and 55 part numbers for 2023 and 2024 model-year vehicles.
  • Standard® introduced VVT Sprockets for Subaru, Hyundai and Kia vehicles through 2023 and VVT Solenoids for Mitsubishi vehicles through 2022.
  • Electronic vehicle safety systems become more complex with each passing year, and Standard® is committed to releasing new coverage in these high-tech categories.
  • When OE fails, technicians can trust Standard® for the highest-quality and best-performing parts available."

Average New-Vehicle Prices Down 1.4% Year Over Year in October, as Healthy Inventories, Higher Incentives Help Buyers

Retrieved on: 
Monday, November 13, 2023

New-vehicle incentives in October were down 2.2% from September, while new-vehicle incentives are higher year over year by 117%.

Key Points: 
  • New-vehicle incentives in October were down 2.2% from September, while new-vehicle incentives are higher year over year by 117%.
  • Compared to one year ago, when incentives were near historic lows, average new-vehicle transaction prices in October were lower by 1.4%, or approximately $670.
  • Year to date, new-vehicle transaction prices have fallen more than 3.5% as downward price pressure continues to favor buyers in the market.
  • Still, even with the gains in October, average EV prices are down more than $13,000 year over year.

Latest driver death rates highlight dangers of muscle cars

Retrieved on: 
Thursday, July 13, 2023

Eighteen of the 23 vehicles with the lowest driver death rates are minivans or SUVs, and 12 are luxury vehicles.

Key Points: 
  • Eighteen of the 23 vehicles with the lowest driver death rates are minivans or SUVs, and 12 are luxury vehicles.
  • “The muscle cars on this list highlight that a vehicle’s image and how it is marketed can also contribute to crash risk.”
    IIHS has been calculating driver death rates approximately every three years since 1989.
  • But three Dodge muscle cars with excessively high driver death rates also rank among the worst performers when it comes to other-driver deaths, suggesting these vehicles are driven in an aggressive manner.
  • Several of the luxury vehicles with the lowest driver and other-driver death rates pack nearly as much horsepower as some of the muscle cars that rank among the worst performers.

KIA VEHICLES RANKED HIGHEST ACROSS MULTIPLE CATEGORIES IN INAUGURAL "BEST AUTOS OF 2023" FROM MONEY MAGAZINE

Retrieved on: 
Friday, May 12, 2023

IRVINE, Calif., May 12, 2023 /PRNewswire/ -- Seven Kia vehicles received the highest honors from the editors of Money in the magazine's inaugural "Best Autos of 2023" awards. The Carnival MPV, K5, Soul, Sportage, Sportage Hybrid, Stinger, and Telluride each were named "Best Overall and Best Value" in their respective categories, and nine other Kia models were recognized as attribute winners. This is the first time that nearly every Kia model currently on sale was named to a single list of the automotive industry's top vehicles.

Key Points: 
  • Kia Vehicles Take 14 Attribute-Level Wins, Including Seven "Best Overall"
    IRVINE, Calif., May 12, 2023 /PRNewswire/ -- Seven Kia vehicles received the highest honors from the editors of Money in the magazine's inaugural "Best Autos of 2023" awards.
  • This is the first time that nearly every Kia model currently on sale was named to a single list of the automotive industry's top vehicles.
  • "Kia continues to deliver a lineup of the industry's best vehicles, driven by our goals to provide leading solutions in all segments," said Steven Center, COO & EVP, Kia America.
  • "By paying attention to the voice of the consumer, Kia has been able to develop desirable vehicles that offer unmatched value."

Standard Motor Products Releases 373 New Part Numbers in April

Retrieved on: 
Wednesday, April 26, 2023

NEW YORK, April 26, 2023 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) has released 373 new part numbers in its April new number announcement.

Key Points: 
  • NEW YORK, April 26, 2023 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) has released 373 new part numbers in its April new number announcement.
  • This most recent release provides new coverage in 87 different product categories, and more than 100 part numbers for 2022 and 2023 model-year vehicles.
  • SMP's latest release includes more than 100 part numbers for 2022 and 2023 model-year vehicles.
  • Four Seasons® has also introduced new Blower Motor Resistors, Suction Line Hose Assemblies, Heater Cores, and other popular products.

asTech Rules Engine Case Study #1

Retrieved on: 
Thursday, March 9, 2023

PLANO, Texas, March 9, 2023 /PRNewswire/ -- asTech, a Repairify company and global leader in remote diagnostics, calibrations, and programming for collision and mechanical repair, released its first industry case study that illustrates how its patented and proprietary Rules Engine determines the most cost-effective and comprehensive scan tool for repairing a vehicle.

Key Points: 
  • During the research and development phase of the Rules Engine, asTech technicians identified inconsistencies between the OEM diagnostic tool and a leading aftermarket tool — referred to as "Brand X" — when scanning a 2017 Kia Rio.
  • This case study demonstrates how the Rules Engine can help prevent a repairer from missing potential safety issues on a vehicle.
  • For the 2017 Kia Rio, the Rules Engine would recognize that Brand X's aftermarket tool would not correctly identify all DTCs.
  • Instead, the Rules Engine would offer a different, verified OEM Compatible aftermarket scan, or a remote OEM diagnostic scan.

KIA WINS 2023 VINCENTRIC BEST VALUE IN AMERICA AWARDS FOR 2023 SORENTO PHEV AND RIO

Retrieved on: 
Wednesday, February 8, 2023

IRVINE, Calif., Feb. 8, 2023 /PRNewswire/ -- Kia's 2023 Sorento PHEV and 2023 Rio have been named the winners of the 2023 Vincentric Best Value in America award in the Mid-Size SUV and Subcompact categories, respectively.

Key Points: 
  • IRVINE, Calif., Feb. 8, 2023 /PRNewswire/ -- Kia's 2023 Sorento PHEV and 2023 Rio have been named the winners of the 2023 Vincentric Best Value in America award in the Mid-Size SUV and Subcompact categories, respectively.
  • In addition to the Best Value in America awards, Vincentric has also identified the 2023 Kia Rio as having the lowest total cost of ownership in the Subcompact and Subcompact Hatchback segments for the second year in a row.
  • This is the 19th year of the Vincentric Best Value in America Awards, which celebrates the top vehicles based on value in each segment.
  • "Both the Sorento PHEV and the Rio had strong performances in this year's Vincentric Best Value in America Awards," said David Wurster, Vincentric President.

Prairie Band Casino & Resort and Soaring Eagle Gaming Are Latest Tribes to Join the Bingo Treasures™ Network

Retrieved on: 
Thursday, December 22, 2022

OMAHA, Neb., Dec. 22, 2022 (GLOBE NEWSWIRE) -- VKGS LLC ("Video King") is pleased to announce today the completion of two additional Managed Services Agreements with Prairie Band Casino & Resort ( www.prairieband.com ) and Soaring Eagle Gaming ( www.soaringeaglecasino.com ) for Bingo TreasuresTM.

Key Points: 
  • OMAHA, Neb., Dec. 22, 2022 (GLOBE NEWSWIRE) -- VKGS LLC ("Video King") is pleased to announce today the completion of two additional Managed Services Agreements with Prairie Band Casino & Resort ( www.prairieband.com ) and Soaring Eagle Gaming ( www.soaringeaglecasino.com ) for Bingo TreasuresTM.
  • Prairie Band Casino & Resort, is a premier Kansas casino destination, including fabulous accommodations, entertainment, spa, golf and gaming located in Mayetta, Kansas; and Soaring Eagle Gaming owner and operator of Soaring Eagle Casino & Resort, located in Mt.
  • Prairie Band and Soaring Eagle Casino & Resort are the latest tribal gaming enterprises to join Jamul Casino, as founding participants in the Bingo Treasures Network.
  • Tim Stuart, President & CEO commented that he is "delighted that Soaring Eagle and Prairie Band, two long-term customers of our core bingo business, see the value of becoming a part of the Bingo Treasures network and have decided to join Jamul Casino as founding members.

KIA RIO S RECEIVES VINCENTRIC 2022 BEST FLEET VALUE IN AMERICA AWARD

Retrieved on: 
Friday, May 13, 2022

IRVINE, Calif., May 13, 2022 /PRNewswire/ -- The Kia Rio S has been awarded the Vincentric 2022 Best Fleet Value in America Award for the Subcompact Hatchback segment, outpacing eight other competitors from top brands.

Key Points: 
  • IRVINE, Calif., May 13, 2022 /PRNewswire/ -- The Kia Rio S has been awarded the Vincentric 2022 Best Fleet Value in America Award for the Subcompact Hatchback segment, outpacing eight other competitors from top brands.
  • "We are proud to receive the Vincentric Best Fleet Value in America Award for the 2022 Kia Rio S," said Steve Center, COO & EVP, Kia America.
  • To determine the 2022 Vincentric Best Fleet Value in America Awards, Vincentric performed a cost of ownership analysis measuring over 2,000 vehicle configurations based on typical fleet use.
  • "The Kia Rio outperformed eight competitor trims to earn this first-time win for Best Fleet Value Subcompact Hatchback," said David Wurster, Vincentric President.