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.
Kia Motors America sold 39,954 certified pre-owned vehicles through the first half of 2018, marking a record high for the company.
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.
Because of more stringent criteria from the Insurance Institute for Highway Safety, the number of vehicles qualifying for the group's most prestigious award falls to just 15. Video courtesy of IIHS. For the full story, click here.
David Alfonso, a remarketing manager at Kia Motors America, has announced he will retire from the company on Jan. 3.
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.
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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