Wednesday, June 30, 2021

KIA AMERICA ANNOUNCES BEST-EVER FIRST-HALF YEARLY SALES AND BEST-EVER JUNE SALES IN COMPANY HISTORY

Fourth Consecutive Month of All-Time, Record-Breaking, Year-Over-Year Sales Figures

IRVINE, Calif., June 30, 2021 – Kia America today announced its highest ever first-half yearly sales of 378,511 units. After posting three consecutive monthly sales records in March, April and May, June was also a record-breaking month with 68,486 units sold – a 43.1-percent increase over June 2020. Through the first six months of 2021, Kia’s U.S. sales were up 43.7-percent year-over-year. Standout June sales performances include:

  • Best-ever first-half sales performances for Forte, Seltos, Sportage and Telluride
  • Seltos sales up 6-percent and Telluride up 79-percent vs. first half of 2020
  • Kia’s light truck line-up now represents 64-percent of overall vehicle sales in 2021

Also, as Kia America introduces its EV line-up, a limited run of 1,500 First Edition EV6 all-electric vehicles were fully reserved within hours of becoming available on Kia.com, with delivery to local dealers expected in Q1 2022.

“Kia closed the first-half of the year with incredibly strong sales, and this unprecedented momentum will continue as we further implement our growth strategy to gain market share even in light of industry-wide supplier issues and delayed production,” said Sean Yoon, president and CEO of Kia North America and Kia America. “Kia is taking more and more market share in the United States. We are increasing sales of fuel-efficient sedans and our SUV sales are growing based on the strength of our light trucks, including the innovative and award-winning Sorento and the all-new Carnival MPV.”

Complementing June’s record-breaking sales, the month also saw Kia recognized with prestigious industry awards and accolades, including:

  • Being named the Best Certified Pre-Owned Non-Luxury Program of 2021 by Autotrader, which also singled out the 2021 Kia Soul as one of the “10 Best Cars for College Graduates”
  • Telluride was named as one of the “Best SUVs of 2021” according to CNET and was also counted among the “10 Best SUVs with Self-Driving Features for 2021” by Autobytel

Kia America – about us

Headquartered in Irvine, California, Kia America continues to top quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the "Official Automotive Partner" of the NBA and offers a complete range of vehicles sold through a network of more than 750 dealers in the U.S., including cars and SUVs proudly assembled in America.*

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.

 

 

MONTH OF JUNE

YEAR-TO-DATE

Model

2021

2020

2021

2020

Rio

3,590

1,706

16,673

11,747

Forte

11,482

6,260

62,159

39,444

K5/Optima

8,641

5,732

51,120

38,825

Cadenza

32

65

225

670

Stinger

1,404

1,527

6,498

6,351

K900

3

23

70

125

Soul

7,103

7,439

38,780

34,041

Niro

2,633

1,185

11,817

8,252

Seltos

3,568

3,636

32,185

14,078

Sportage

11,828

8,021

53,374

39,618

Sorento

7,405

8,193

48,313

37,796

Telluride

7,613

2,864

45,438

25,376

Sedona/Carnival

3,184

1,219

11,859

7,014

Total

68,486

47,870

378,511

263,337

 

# # #

 

Press Release Information Accuracy Disclaimer

Information posted in press releases on the Kia Media website was accurate at the time of posting but may be superseded by subsequent releases or other information.

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Tuesday, June 22, 2021

KIA AMERICA ANNOUNCES 2022 SOUL

IRVINE, Calif., June XX, 2021 - With sales of Kia’s iconic Soul up nearly 20 percent year-on-year, the 2022 model arrives largely as a carryover with minor visual enhancements, the most apparent being the bold new Kia badge on the hood, liftgate and wheel center caps.

Updates to the S, X-Line and GT-Line include a standard 10.25-inch display screen with navigation, dual automatic climate control, push-button start with engine immobilizer, wireless smartphone charger and dual USB chargers.

The LX with manual transmission variant is discontinued. The new LX Technology Package adds 16-inch alloy wheels and bundles several advanced driver-assistance systems, including: Blind Spot Collision Warning, Rear Cross-Traffic Collision Avoidance Assist, Lane Change Assist, Forward Collision Avoidance Assist, Lane Keeping Assist and Driver Attention Warning.1 Additionally, for the LX, the standard screen on the head unit is now eight inches (up one inch from last year’s model).

Steel Gray replaces Sparkling Silver on LX, S and EX variants.

Trim Levels/Pricing2 – MSRP (excludes $1,175 destination):
I4 (A/T) $19,190
I4 (A/T) $21,490
  • X-Line 2.0L
I4 (A/T) $22,590
  • GT-Line 2.0L 
I4 (A/T) $22,590
I4 (A/T) $23,490
  • Turbo 1.6T 
Turbo I4 (A/T) $27,790
 
Engines:
  • 2.0-liter I4:
147 horsepower/132 lb.-ft. torque
  • 1.6-liter turbocharged I4:
201 horsepower/195 lb.-ft. torque
 
Fuel Economy – EPA-est. MPG: (city/highway/combined)3:
  • 2.0L I4 (A/T):
28/33/30 (16- & 18-in. wheels)
  • 2.0L I4 (A/T):
29/35/31 (17-in. wheels)
  • Turbo 1.6T Turbo I4 (A/T):
27/32/29 (18-in. wheels)
 
Available Driver Assistance Features:
  • Forward Collision Avoidance Assist
    • Std: S, X-Line, GT-Line, EX, Turbo
  • Lane Keeping Assist
    • Std: S, X-Line, GT-Line, EX, Turbo
  • Driver Attention Warning
    • Std: S, X-Line, GT-Line, EX, Turbo
  • Blind Spot Collision Warning
    • Std: S, X-Line, GT-Line, EX, Turbo
  • Lane Change Assist
    • Std: S, X-Line, GT-Line, EX, Turbo
  • Rear Cross Traffic Collision Avoidance Assist
    • Std: S, X-Line, GT-Line, EX, Turbo
  • Forward Collision Avoidance Assist – Pedestrian
    • Std: Turbo
 
Dimensions: (in.):
  • Overall Length:
165.2
  • Overall Width:
70.9
  • Overall Height:
63
  • Wheelbase:
102.4
  • Cargo Capacity:
62.1 cu.-ft. (max)

Kia Motors America – about us

Headquartered in Irvine, California, Kia Motors America continues to top quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the "Official Automotive Partner" of the NBA and offers a complete range of vehicles sold through a network of more than 750 dealers in the U.S., including cars and SUVs proudly assembled in America.*

For media information, including photography, visit https://ift.tt/2Up8eFN receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.

*The Telluride, Sorento and K5 are assembled in the United States from U.S. and globally sourced parts.

# # # 

1These systems are not substitutes for proper and safe driving, parking, and/or backing-up procedures. These systems may not detect every object behind or alongside the vehicle or in the vehicle’s blind spot or direction of travel.  No system, no matter how advanced, can compensate for all driver error and/or driving conditions.  Always drive safely and use caution.

2 MSRP excludes destination and handling, taxes, title, license fees, options and retailer charges.  Actual prices set by retailer and may vary.

3 Based on EPA estimates.  Actual mileage will vary with options, driving conditions, driving habits and your vehicle’s condition.

Press Release Information Accuracy Disclaimer

Information posted in press releases on the Kia Media website was accurate at the time of posting but may be superseded by subsequent releases or other information.

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Monday, June 21, 2021

Hyundai Motor Group Completes Acquisition of Boston Dynamics from SoftBank

  • Hyundai Motor Group acquires a controlling interest in Boston Dynamics from SoftBank, following regulatory approvals and other conditions
  • The Group expects synergy between the companies to accelerate the development of cutting-edge robotics featuring advanced mobility, manipulation and vision capabilities
  • With Boston Dynamics, the Group will create a robotics value chain, from robot component manufacturing to smart logistics solutions

BOSTON/SEOUL/TOKYO, June 21, 2021 – Hyundai Motor Group (the Group), Boston Dynamics, Inc. and SoftBank Group Corp. (SoftBank), today announced the completion of the Group’s acquisition of a controlling interest in Boston Dynamics from SoftBank, following the receipt of regulatory approvals and other customary closing conditions. The deal valued the mobile robot firm at $1.1 billion.  Additional financial details were not disclosed.

Post-closing, the Group holds an 80 percent stake in Boston Dynamics and SoftBank, through one of its affiliates, retains the remaining 20 percent stake.

Boston Dynamics is the established leader in developing agile, mobile robots that have been successfully integrated into business operations of many of the world’s leading industrial firms. Advanced robotics offer opportunities for rapid growth with the potential to positively impact society by making work safer and more productive.

By acquiring Boston Dynamics and securing a leading presence in the field of robotics, the Group takes another major step toward its strategic transformation into a Smart Mobility Solution Provider. To propel this transformation, the Group has invested substantially in the development of future technologies, including autonomous driving, artificial intelligence (AI), Urban Air Mobility (UAM), smart factories and robots.

In the field of robotics, the Group aims to develop advanced technologies that enhance people's lives and promote safety, thereby realizing the progress for humanity.

The deal is also expected to allow the Group and Boston Dynamics to leverage each other’s respective strengths in manufacturing, logistics, construction and automation. Together, the Group and Boston Dynamics will create a robotics value chain, from robot component manufacturing to smart logistics solutions. Additionally, the Group will support Boston Dynamics’ continued expansion of its product line and global sales and service footprint. 

Boston Dynamics launched sales of its first commercial robot, Spot® in June of 2020 and now has hundreds of robots operating in a variety of industries, including power utilities, construction, manufacturing, oil and gas, and mining. The company also recently unveiled Stretch™, its first commercial robot specifically designed for warehouse facilities and distribution centers.    

About Hyundai Motor Group 

Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel, and construction, as well as logistics, finance, IT, and service. With about 250,000 employees worldwide, the Group's mobility brands include Hyundai, Kia, and Genesis. Armed with creative thinking, cooperative communication and the will to take on any challenges, we strive to create a better future for all. More information about Hyundai Motor Group, please see: www.hyundaimotorgroup.com

About Boston Dynamics

Boston Dynamics is the global leader in developing and deploying highly mobile robots capable of tackling the toughest robotics challenges. Our robots are equipped with advanced mobility, dexterity and intelligence, enabling automation in unstructured or hard-to-traverse spaces, from industrial plants and construction sites, to distribution centers and warehouses. We have three robots in our portfolio - Spot®, Stretch™ and Atlas® - as well as Pick™, a computer vision-based robotics solution for logistics. For more information on our company and our technologies, please visit www.bostondynamics.com

About SoftBank 


The SoftBank Group invests in breakthrough technology to improve the quality of life for people around the world. The SoftBank Group is comprised of SoftBank Group Corp. (TOKYO: 9984), an investment holding company that includes stakes in telecommunications, internet services, AI, smart robotics, IoT and clean energy technology providers; the SoftBank Vision Funds, which are investing more than US$100 billion to help extraordinary entrepreneurs transform industries and shape new ones; the US$5 billion SoftBank Latin America Fund, the largest venture fund in that region, and the SB Opportunity Fund, a US$100 million fund dedicated to investing in enterprises founded by entrepreneurs of color in the U.S. To learn more, please visit https://global.softbank.

Contacts: 

Hyundai Motor Group
Jin Cha, Global PR Team

sjcar@hyundai.com

+82 2 3464 2128

 

Boston Dynamics

Nikolas Noel

Media@bostondynamics.com

 

SoftBank Group

Japan:

sbpr@softbank.co.jp

+81 3 6889 2300

United States:

Sard Verbinnen & Co

Benjamin Spicehandler / Hannah Dunning

SoftBank-SVC@sardverb.com         

Press Release Information Accuracy Disclaimer

Information posted in press releases on the Kia Media website was accurate at the time of posting but may be superseded by subsequent releases or other information.

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Wednesday, June 16, 2021

KIA ANNOUNCES 2022 TELLURIDE

2022 TELLURIDE INTRODUCED WITH ADDITIONAL CONVENIENCE AND SAFETY FEATURES ACROSS TRIMS; MINOR DESIGN ENHANCEMENTS

IRVINE, Calif., June 16, 2021 – The hot-selling Telluride, with year-on-year sales up 68 percent, maintains its bold style and adds the new Kia badging and slightly redesigned radiator grille. Inside, Kia’s award-winning SUV adds a larger 10.25-inch navigation display, fully automatic temperature control and highway driving assist to the LX and S trims, as well as Navigation Based Smart Cruise Control-Curve to all trims.

Pricing1 – MSRP (excludes $1,225 destination):

·         LX FWD

$32,790

·         LX AWD

$34,790

·         S FWD

$35,290

·         S AWD

$37,290

·         EX FWD

$37,790

·         EX AWD

$39,790

·         SX FWD

$42,690

·         SX AWD

$44,590

·         SX-P

$46,890

Engine: 

·         3.8L, V6, GDI Lambda-II: 291 hp/262 lb.-ft. of torque

 Fuel Economy2 – EPA-est. MPG: (city/highway/combined):

·         FWD: 

20/26/23

·         AWD: 

19/24/21

Highlighted Kia Drive Wise Advanced Driver Assistance Features3:

  • Driver Attention Warning:
      • Std: All trims
  • Blind-Spot Collision Avoidance Assist:
      • Std: All trims
  • Rear Cross-Traffic Collision-Avoidance Assist:
      • Std: All trims
  • Forward Collision Avoidance Assist:
      • Std: All trims
  • Lane Keeping Assist:
      • Std: All trims
  • Lane Following Assist:
      • Std: All trims

Dimensions:

·         Overall Length:

196.9 in.

·         Overall Width:

78.3 in.

·         Overall Height (with roof rails):

69.3 in.

·         Overall Height (w/o roof rails):

68.9 in.

·         Wheelbase:

114.2 in.

Kia Motors America – about us

Headquartered in Irvine, California, Kia Motors America continues to top quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the "Official Automotive Partner" of the NBA and offers a complete range of vehicles sold through a network of more than 750 dealers in the U.S., including cars and SUVs proudly assembled in America.*

For media information, including photography, visit https://ift.tt/2Up8eFN receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.

*The Telluride, Sorento and K5 are assembled in the United States from U.S. and globally sourced parts.

# # # 

1 MSRP excludes destination and handling, taxes, title, license fees, options and retailer charges.  Actual prices set by retailer and may vary.

2 Based on EPA estimates.  Actual mileage will vary with options, driving conditions, driving habits and your vehicle’s condition.

3 These systems are not substitutes for proper and safe driving, parking, and/or backing-up procedures. These systems may not detect every object behind or alongside the vehicle or in the vehicle’s blind spot or direction of travel.  No system, no matter how advanced, can compensate for all driver error and/or driving conditions.  Always drive safely and use caution.

Press Release Information Accuracy Disclaimer

Information posted in press releases on the Kia Media website was accurate at the time of posting but may be superseded by subsequent releases or other information.

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Hyundai Motor Group Chairman Euisun Chung Visits U.S. to Review Future Mobility Strategies

  • Chairman Chung visited Motional and Boston Dynamics to discuss the future of the business and strengthen Hyundai Motor Group’s resolve to provide human-centered mobility
  • The Chairman discussed with executives and employees of Motional about joint projects, such as IONIQ 5 autonomous car development, during his first-time visit since the Group’s investment announcement
  • On his visit to Boston Dynamics, the Chairman also reviewed developments in the robot industry and experienced various robot technologies firsthand 

SEOUL, June 16, 2021 – Hyundai Motor Group Chairman Euisun Chung is visiting the U.S. to review the Group’s strategies for future mobility and the direction of technological development.

Chairman Chung has met executives and engineers of Motional Inc., the Group’s autonomous driving joint venture (JV), in Boston, Mass., as well as Boston Dynamics in Waltham, Mass. The Chairman will also visit Motional’s R&D facility in Pittsburgh, Penn.

During his visit to Motional, Chairman Chung discussed the business direction of autonomous technology with the JV’s executives in Boston and will tour its R&D site in Pittsburgh where the next-generation system is being developed. It is the first time that Chairman Chung is visiting Motional since the Group announced its investment in the JV with Aptiv in 2019.

Chairman Chung also visited the headquarters of Boston Dynamics, of which the Group announced its intent to acquire a controlling interest in December 2020 and going through regulatory approvals. There, the Chairman met with company executives to discuss the future of the business and trends in the robotics industry.

Chairman Chung’s visit to both companies reaffirms the Group’s aim to make future mobility business into a new growth engine, as he emphasized in his New Year’s message earlier this year. In that message, the Chairman presented his vision for transforming the Group by strengthening business competitiveness in innovative mobility technologies, such as autonomous driving and robotics.

By pursuing this strategy, the Group plans to develop and innovate human-centered mobility for a better future for the humanity.

At Motional: IONIQ 5 autonomous car tests, robotaxis and more

During his visit to Motional, Chairman Chung discussed ways to collaborate as well as the direction and advancement plan of future business. At Motional’s R&D facility, the Chairman will take a tour of the facility and meet with researchers.

Among various collaborative projects, Chairman Chung inspected the autonomous Hyundai IONIQ 5 battery electric vehicle (BEV), which is equipped with Motional’s next-generation autonomous driving platform. Motional is currently testing the self-driving BEV on roads in the U.S.

Last year, Motional obtained the industry’s first unmanned autonomous driving test license in the state of Nevada, and it plans to commercialize a robotaxi service using unmanned autonomous vehicles with Lyft in 2023.

Headquartered in Boston, Motional has offices in Pittsburgh, Las Vegas, Santa Monica and Singapore, and has opened an additional office in Seoul, which will serve as another core technology hub and will test autonomous driving technologies.

At Boston Dynamics: Robotics on the rise

Chairman Chung also visited the headquarters of Boston Dynamics, which is in the process of being acquired by the Group, and had discussions with its executives about the future of the business and trends in the robotics industry.

He also experienced firsthand Boston Dynamics' various cutting-edge robotic technologies, such as the its first commercial quadrupedal robot, Spot as well as Atlas, a research robot that walks upright like a human, and Stretch, the company’s newest box-moving robot aimed at warehouse automation. Stretch will be Boston Dynamics’ second commercialized product and is scheduled to be release next year.

“In the future, I think robots will play the role of assistants who help people at all times,” said Chairman Chung at a town hall meeting held for Group employees in March this year. “While robots charge themselves and manage schedules, people will be able to focus on more productive and creative work.”

In addition to improving its own robot development capabilities, the Group plans to actively seek synergies with autonomous vehicles, Urban Air Mobility (UAM) and smart factory technologies. Amid the global megatrend of aging populations and non-contact, the robot’s role in public service, such as safety, security, health and disaster relief, is also expected.

About Hyundai Motor Group

Hyundai Motor Group is a global enterprise that has created a value chain based on mobility, steel, and construction, as well as logistics, finance, IT, and service.

With about 250,000 employees worldwide, the Group's mobility brands include Hyundai, Kia, and Genesis. Armed with creative thinking, cooperative communication and the will to take on any challenges, we strive to create a better future for all.

Disclaimer: Hyundai Motor Group believes the information contained herein to be accurate at the time of release. However, the company may upload new or updated information if required and assumes that it is not liable for the accuracy of any information interpreted and used by the reader.

Contact:

Jin Cha
Global PR Team / Hyundai Motor Group

sjcar@hyundai.com

+82 2 3464 2128

Press Release Information Accuracy Disclaimer

Information posted in press releases on the Kia Media website was accurate at the time of posting but may be superseded by subsequent releases or other information.

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Wednesday, June 9, 2021

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KIA AMERICA “FIRST EDITION” EV6 ALL-ELECTRIC VEHICLE PROGRAM FULLY RESERVED

Advanced Reservations at Kia.com Overwhelmed by “Charged up” Demand for 1,500 All-New EV6s

IRVINE, Calif., June 8, 2021 – The limited run of 1,500 First Edition EV6s have been fully reserved the day the offer became available on Kia.com. Delivery to local dealers is expected in Q1 2022.

The First Edition was offered with a choice of three gifts - an at-home vehicle charger, a 1000 kWh credit within a national charging network, or an Apple Watch for connecting to the EV6’s suite of Kia Connect services.  Over 81% of pre-order registrants chose the at-home charger.

The First Edition was made available in three color combinations - Urban Yellow with black seats, Glacier (white) with dark green seats, and Steel Gray Matte with black seats, with the Urban Yellow exterior color and dark green seats on the Glacier variant being exclusive to the First Edition.  On the inside, the special edition features Illuminated door sills with “First Edition” designation, a numbered interior badge highlighting the limited production volume, Augmented Reality Head-Up Display1, Remote Smart Parking Assist2, sunroof, 20-inch wheels, premium 14-speaker Meridian audio system, dual-motor AWD3 power delivery and a 77.4 kWh battery.

“Kia welcomes the first EV6 buyers who join us in this historic movement.” said Sean Yoon, president and CEO of Kia North America and Kia America. “Kia’s ‘electric lifestyle’ delivers a unique combination of luxury, performance and technology and the First Edition EV6 will provide owners with an experience all of their own.”

Kia America – about us

Headquartered in Irvine, California, Kia America continues to top quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the "Official Automotive Partner" of the NBA and offers a complete range of vehicles sold through a network of more than 750 dealers in the U.S., including cars and SUVs proudly assembled in America.*

For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.

*The Telluride, Sorento and K5 are assembled in the United States from U.S. and globally sourced parts.

1 Augmented Reality Head-Up Display is available on select trims. Failure to pay attention to travel conditions and vehicle operation could result in loss of vehicle control. Always drive safely and use caution. 

2 It is the driver’s responsibility to ensure it is safe to use the Remote Smart Parking Assist feature.  RSPA is not a substitute for safe driving and may not detect all objects around or behind the vehicle. 

3 No system, no matter how advanced, can compensate for all driver error and/or driving conditions. Always drive safely.

Press Release Information Accuracy Disclaimer

Information posted in press releases on the Kia Media website was accurate at the time of posting but may be superseded by subsequent releases or other information.

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