Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Kia Accelerates New Model Roll-outs

Kia Accelerates New Model Roll-outs

Kia is set to accelerate the pace of new model introductions by launching 51 all-new or updated models internationally over the next five years.

The new model roll-out began this month with the New Zealand launch of the new Kia Sorento R, which comes with an all-new chassis, suspension, revised styling and greater specification levels, yet with prices up to $500 lower than the previous model.

At least five brand new Kia models are planned for 2013, along with refreshes to existing models, with several earmarked for release in New Zealand.
Todd McDonald, General Manager of Kia Motors New Zealand, says the pace of new models coming in the next five years is “breathtaking”.

He adds: “The health of any car company is often measured by its ability to create exciting new models that resonate with buyers and Kia has been among the leaders in this respect over recent years, but the latest launch strategy takes the company into a different league”.

“I am continually impressed at Kia’s capacity to re-invigorate so many models in its line-up in such a short time. It’s a real tribute to the innovation, energy and the significant investment made by Kia into its R&D programmes and advanced manufacturing systems at its factories around the world.”
Mr McDonald says the past year has probably seemed slow by Kia’s standards, with only one new model launched in New Zealand and a handful of others internationally and in its domestic market. But that was just the calm before the new product storm.

Among new vehicles in the pipeline are an all-new mid-size sedan, new compact people mover, new crossover vehicle and new three-door sports model. Kia is also looking to introduce its first all-electric car for export markets as part of its environmental initiatives.

Kia is increasing its R&D budget in 2013 to US$2.52billion to support its new model programme, with the development of improved technologies and greater efficiencies. At around 6% of sales revenue, Kia’s R&D spend ratio is among the highest of any car manufacturer in the world.

That investment is one of the keys to the strong growth achieved by Kia Motors in markets around the world, even during tough economic times.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Shocking Dairy Footage: MPI Failing Our Animals And Damaging Our Reputation

Greens “Nathan Guy needs to urgently look into how his ministry is enforcing animal welfare standards, how these appalling incidents happened under its watch and what it’s going to do prevent similar incidents happening again in the future." More>>


Land & Water Forum: Fourth Report On Water Management

The Land and Water Forum (LWF) today published its fourth report, outlining 60 new consensus recommendations for how New Zealand should improve its management of fresh water and calling on the Government to urgently adopt all of its recommendations from earlier reports. More>>



Welcome Home: Record High Migration Stokes 41-Year High Population Growth

New Zealand annual net migration hit a new high in October as more people arrived from than departed for Australia for the first time in more than 20 years. More>>


Citizens' Advice Bureau: Report Shows Desperate Housing Situation Throughout NZ

CAB's in-depth analysis of over 2000 client enquiries about emergency accommodation shows vulnerable families, pregnant women and children living in cars and garages, even after seeking assistance from the Ministry of Social Development and Housing New Zealand. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news