Kia Motors Corp. says it is increasing prices in export markets, including the U.S., by an average of 2.5% and domestic prices by an average 2.0%, a spokesman tells Ward’s. “(The increase) will differ from market to market and model to model,” he says. “We are not saying which models will be affected or by how much. The price increase is necessary because of substantially higher costs in fuel, raw materials and transportation services. Additionally, the won has been pushed back a bit and ...

Premium Content (PAID Subscription Required)

"Kia to Hike Vehicle Prices" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.