Kia | Jotup

EQS-News: Allane Mobility Group records growth in consolidated operating revenue and contract portfolio in 2023

Retrieved on:

Wednesday, April 10, 2024

Retail, Annual, Fleet vehicle, Tax, EBT, Growth, Fleet, Fleet management, Sale, Kia, Annual report, Depreciation, Hyundai, Marketing, Airline

Pullach, 22 March 2024 – Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, has grown both in the Group contract portfolio and in consolidated operating revenue* in the 2023 financial year – according to preliminary calculations – despite macroeconomic challenges.

Key Points:

Pullach, 22 March 2024 – Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, has grown both in the Group contract portfolio and in consolidated operating revenue* in the 2023 financial year – according to preliminary calculations – despite macroeconomic challenges.
The Group contract portfolio increased by 8.6% year-on-year to 125,800 contracts, with the largest growth being generated in the Leasing business unit.
Despite the tense overall global situation, we achieved our guidance for 2023 and generated increases in both the contract portfolio and consolidated operating revenue.
Consolidated revenue, which includes consolidated operating revenue* and sales revenue**, therefore increased by 8.1% to EUR 637.7 million.

Newsweek Announces Third Annual “World’s Greatest Auto Disruptors”

Retrieved on:

Tuesday, March 26, 2024

Mercedes-Benz G-Class, Volvo, One World Trade Center, Subaru, Science, Intelligence, Transport, Life, A.I, Subaru of America, Mercedes-Benz Group, Safety, Car, Kia, Management

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Newsweek, the modern global digital news organization, proudly presents its third annual compilation of the "World's Greatest Auto Disruptors."

Key Points:

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Newsweek, the modern global digital news organization, proudly presents its third annual compilation of the "World's Greatest Auto Disruptors."
During the ceremony, the Newsweek Autos team will discuss how artificial intelligence is pushing automakers to be more disruptive than ever.
Winners were chosen through a nomination process and discussions by the Newsweek Autos editorial team.
To view the full article and details of the World's Greatest Auto Disruptors Awards, please visit: https://www.newsweek.com/auto-disruptors-2024

KUMHO TIRE U.S.A. DRIVES THE FUTURE OF ELECTRIC VEHICLES WITH LAUNCH OF TWO ADVANCED TIRE OPTIONS

Retrieved on:

Tuesday, April 9, 2024

EV, Innovation, Noise, SUV, EVS, OE, Majesty, Originality, Kia, Torque, Kumho Tire, Hyundai, Marketing, Fireworks

ATLANTA, April 9, 2024 /PRNewswire/ -- Kumho Tire U.S.A., one of the world's leading tire manufacturers, has introduced two new options in its expanding EV tire lineup: the Majesty 9 Solus TA91 EV and Crugen HP71 EV. Featuring Kumho Tire's proprietary K-Silent technology, which can help to reduce cabin noise and enhance comfort, the Majesty 9 Solus TA91 EV is ideally suited for drivers of EV coupes, sedans, and CUVs, while the Crugen HP71 EV offers a top-tier feel and quiet ride specifically for CUVs and SUVs with an added level of all-weather performance.

Key Points:

ATLANTA, April 9, 2024 /PRNewswire/ -- Kumho Tire U.S.A. , one of the world's leading tire manufacturers, has introduced two new options in its expanding EV tire lineup: the Majesty 9 Solus TA91 EV and Crugen HP71 EV.
With more than 60 years of tire experience and more than ten premium Original Equipment (OE)-trusted fitments, Kumho Tire offers unparalleled advanced EV options, at a competitive price.
"Kumho Tire is at the forefront of EV tire technology," said Shawn Denlein, president of sales and marketing, Kumho Tire U.S.A. "Innovation never stops at Kumho Tire, as we continue to evolve our EV tire offerings while offering consumers durable and affordable options for the unique demands of today's various EV models."
The Majesty Solus TA91 EV tire is available in 18-inch to 21-inch tire sizes, and the Crugen HP71 EV tires are available in 19-inch to 22-inch tire sizes.

Automakers’ Record Number of EV Demos At Electrify Expo Indicates EV Demand is Hot

Retrieved on:

Monday, March 18, 2024

Mustang, Volvo, Lexus, EVS, Thrill, State Farm Stadium, Hare, Ford, Kia, BMW, Hankook Tire, Super Bowl, Super73

Rivian’s all-new R2 SUV was a major draw for attendees as the vehicle made its East Coast debut.

Key Points:

Rivian’s all-new R2 SUV was a major draw for attendees as the vehicle made its East Coast debut.
In addition, Kia and Volvo returned to the festival with some of their much anticipated EVs including Kia’s EV9 and Volvo’s EX30.
Ford returned to the Thrill Zone offering festival goers the opportunity to take a hot lap in the Mustang Mach-E® GT with a professional driver.
“The turnout in Orlando was massive and it's evidence that EV demand is growing fast,” said BJ Birtwell, CEO and founder of Electrify Expo.

Haig Partners releases the Q4 2023 Haig Report®, which tracks trends and their impact on dealership values

Retrieved on:

Tuesday, March 26, 2024

Haig Partners LLC , released its closely followed Haig Report® for Q4 2023, which tracks trends in auto retail and their impacts on dealership values.

Key Points:

Haig Partners LLC , released its closely followed Haig Report® for Q4 2023, which tracks trends in auto retail and their impacts on dealership values.
(Graphic: Business Wire)
In 2023, Haig Partners advised on two record-setting deals, fetching the highest price for Toyota and Stellantis dealerships.
Average estimated profits per dealership were 78% higher in Q4 2023 compared to Q4 2019, before the pandemic hit.
Alan Haig , President of Haig Partners, shared, “We are seeing mixed trends in auto retail today, which are pushing down dealership profits and dealership values.

Wallbox and Bidirectional Energy Awarded Funding from the California Energy Commission

Retrieved on:

Thursday, March 21, 2024

Wallbox (NYSE:WBX), a global leader in electric vehicle (EV) charging and energy management solutions, and Bidirectional Energy , a bidirectional EV energy management startup, today announced Phase 1 of their Bidirectional Residential V2X Demonstration Project had been awarded $2.2M in funding from the California Energy Commission ( CEC) REDWDS grant .

Key Points:

Wallbox (NYSE:WBX), a global leader in electric vehicle (EV) charging and energy management solutions, and Bidirectional Energy , a bidirectional EV energy management startup, today announced Phase 1 of their Bidirectional Residential V2X Demonstration Project had been awarded $2.2M in funding from the California Energy Commission ( CEC) REDWDS grant .
The project will install and operate Wallbox’s bidirectional charger, Quasar 2, in 120 residential locations across California.
The bidirectional chargers will be managed by Bidirectional Energy’s virtual power plant (VPP) platform to provide home energy backup, utility bill reduction, and additional financial rewards.
Bidirectional Energy and Wallbox estimate that Quasar 2 together with the Bidirectional Energy VPP platform can potentially earn users over $1,000* every year when combined with utility Demand Response programs and time-of-use utility rates.

Angeion Group (Hyundai Theft Settlement Administrator) Announces Proposed Settlement in In re: Kia Hyundai Vehicle Theft Marketing, Sales Practices, and Products Liability Litigation

Retrieved on:

Thursday, April 4, 2024

Failure, Theft, Documentation, Notice, District court, Vexatious litigation, Upgrade, Class, JVS, Death, Settlement, Kia, OEM, Court, Hearing, Common Fund for Commodities

Exclude Yourself or Object:Unless you exclude yourself in writing as described in the Notice, available at www.HyundaiTheftSettlement.com, you will be treated as part of the Settlement Class and unable to sue, continue to sue, or be part of any other lawsuit against Defendants, or other related entities or individuals listed in the Settlement Agreement, arising from the legal issues in this case -- primarily relating to the lack of engine immobilizers as alleged in this case (except for death or personal injury claims). If you want to keep your right to sue Hyundai separately, you must exclude yourself by MAY 3, 2024.

Key Points:

PHILADELPHIA, April 4, 2024 /PRNewswire/ -- A settlement has been reached in a product liability class action lawsuit, in California federal court titled, In re: Kia Hyundai Vehicle Theft Marketing, Sales Practices, and Products Liability Litigation, No.
To receive a benefit under the Settlement, you must file a Claim Form as well as all required supporting documentation.
Completed Claim Forms must be submitted no later than January 11, 2025, and required supporting documentation can be mailed to Hyundai Theft Settlement, P.O.
The Court may also decide how much to pay Class Counsel and whether to approve the Class Representatives' service awards.

Republic of Korea's No.1 car-rental company 'LOTTE rental' is expanding used-cars export to Arabic Middle East region

Retrieved on:

Thursday, April 4, 2024

Online, Food, Hyundai, Kia, Lotte World Tower, Car, Transport, Online auction

LOTTE Auto Global's in-house vehicle evaluator inspects all vehicles according to strict standards.

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LOTTE Auto Global's in-house vehicle evaluator inspects all vehicles according to strict standards.
Above all, the biggest advantage is that convenient and transparent purchasing is possible through the LOTTE Auto Global website ( https://www.lotte-autoglobal.net/ ).
In addition, professional counselors in each overseas region provide customized consultation online regarding purchase procedures, vehicle information, transaction options, etc.
One of its major subsidiaries is LOTTE Auto Care, which provides comprehensive mobility management from automobiles to construction equipment.

Hyundai Motor and Kia's DAL-e Delivery Robot Arrives, Ready to Revolutionize Indoor Autonomous Delivery Services

Retrieved on:

Wednesday, April 3, 2024

F&B, Coffee, Hyundai Motor Company, Transport, Robotics, PND, IGIS Asset Management, Kia, Restaurant, Hyundai, Multimedia, Delivery

This robot, based on the delivery robot introduced in December 2022, is expected to improve delivery performance, particularly in complex settings, such as offices and shopping malls.

Key Points:

This robot, based on the delivery robot introduced in December 2022, is expected to improve delivery performance, particularly in complex settings, such as offices and shopping malls.
Drawing from the insights gained from Hyundai Motor and Kia's previous conveyance pilot project, DAL-e Delivery has undergone significant improvements in both design and performance for swift and dependable delivery services in complex indoor environments.
"DAL-e Delivery offers efficient and reliable F&B and parcel dispatch services to ensure customers receive goods promptly," said Dong Jin Hyun, Vice President and Head of Robotics Lab at Hyundai Motor and Kia.
DAL-e Delivery is based on four Plug & Drive (PnD) modules, a mobility solution that combines a motor with steering, suspension, braking systems and environmental recognition sensors.

Hyundai Motor and Kia's DAL-e Delivery Robot Arrives, Ready to Revolutionize Indoor Autonomous Delivery Services

Retrieved on:

Wednesday, April 3, 2024

F&B, Coffee, Hyundai Motor Company, Transport, Robotics, PND, IGIS Asset Management, Kia, Restaurant, Hyundai, Delivery

This robot, based on the delivery robot introduced in December 2022, is expected to improve delivery performance, particularly in complex settings, such as offices and shopping malls.

Key Points:

This robot, based on the delivery robot introduced in December 2022, is expected to improve delivery performance, particularly in complex settings, such as offices and shopping malls.
Drawing from the insights gained from Hyundai Motor and Kia's previous conveyance pilot project, DAL-e Delivery has undergone significant improvements in both design and performance for swift and dependable delivery services in complex indoor environments.
"DAL-e Delivery offers efficient and reliable F&B and parcel dispatch services to ensure customers receive goods promptly," said Dong Jin Hyun, Vice President and Head of Robotics Lab at Hyundai Motor and Kia.
DAL-e Delivery is based on four Plug & Drive (PnD) modules, a mobility solution that combines a motor with steering, suspension, braking systems and environmental recognition sensors.