The valuation analysts at Kelley Blue Book reported the estimated average transaction price for a light vehicle in the United States was $38,393 in November.
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Kia Motors America sold 39,954 certified pre-owned vehicles through the first half of 2018, marking a record high for the company.
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The company sold 7,698 CPO vehicles through the month, representing a 2.5% year-over-year increase. One of the strongest performing vehicles for Kia was its Forte sedan, which experienced a 20.2% rise in sales.
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David Alfonso, a remarketing manager at Kia Motors America, has announced he will retire from the company on Jan. 3.
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GE has signed an agreement to sell a 23.3-percent stake of Hyundai Capital Services (HCS) to Hyundai Motor Company and Kia Motors as part of a broader deal to exit its entire 43.-percent ownership in HCS over the following months.
Read More →LAS VEGAS - The National Auto Auction Association (NAAA) has recognized three individuals as Warren Young, Sr., Fellows for their personal achievements and professional contributions to the auto auction industry.
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