
"But one year later, the tax credit is gone, the EV9 GT is postponed indefinitely, and the EV6 is, seemingly, the one EV that didn't set a sales record in the second quarter, even as buyers rushed to claim tax credits. And as a South Korean company, Kia has been vulnerable to new tariffs. The car market is now very different from what it was a year ago. But Kia's competency in all three powertrain types means that it can lean into choice, executives said."
"The Telluride was a smash hit for the company, breaking through to a wealthy and young audience with a ravenous appetite for three-row SUVs. At the LA Auto Show, Kia revealed a second-generation Telluride with a new hybrid powertrain. It sits well alongside the EV9, which just set its own sales record, and models like the Carnival and K5, which just saw 48% and 85% sales growth, respectively."
Kia is on track for a fourth consecutive year of U.S. sales growth, driven by increases across gas, hybrid and electric vehicles. Recent shifts include loss of a federal tax credit for some models, postponement of the EV9 GT, and the EV6 failing to set a second-quarter sales record amid a rush for tax credits. South Korean ownership has exposed Kia to new tariffs. Strong sellers include the Telluride, now offered with a hybrid powertrain, and growth from the EV9, Carnival and K5. Kia is emphasizing giving dealers and customers choices across powertrains.
Read at insideevs.com
Unable to calculate read time
Collection
[
|
...
]