Kia New Zealand is slashing prices up to 20%, targeting both new and used vehicle import buyers. General Manager John Keenan says the strength of the New Zealand dollar against its American equivalent is allowing the price cut, aimed at increasing Kia’s share of a booming new-vehicle market. The reduction follows Kia’s move to buy out its New Zealand distributorship, which Keenan says also is a factor in enabling sticker prices to come down. The price of the Kia Rio 4-door 1.5L ...

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