Sunday, January 22, 2006

KIA Motor fats rising car in Europe

Stupid Eddy made me giam that the car's price had plunge to a new low due to low COE bidding last month, even bro went out to trade in his Nissian Sunny. Well, while taking curiosity therapy by heading to some local car's web site for pricing. KIA offers the best price for 1.6 litre car. But i expect more people rushing out for new car.

I'd rather wait since i have no hurry getting a car or i have to wait for something else to happen to decide. Anyway, US economy now is in a melting pot now and going thru deep deficits and Baby Bush is brewing his war against Iran. I'd only see Europe as one of the rising money chip trader, story goes around why US attack Iraq because Saddam switched to Euro dollar for oil trading, hard to swallow?

Anyway, this caught my attention while reading Cars blog. KIA has just garnered to be one of the growing car markers in West Europe for three straight years.

That's a very good effort by the Korean.

Quick snipe below.

(SEOUL) January 17, 2006 -- Kia Motors Corporation continues its record
breaking growth in the Western European market. According to the ACEA'S
(European Automobile Manufacturers Association) 2005 New Passenger Car
Registrations, Kia achieved 39% year-on-year sales growth with 230,743
units sold in 15 EU member countries plus 3 EFTA countries in 2005, thereby
cementing its position as the fastest growing automaker in the Western
European market for three years in a row.

Kia was the region's fastest growing automaker in both 2003 and 2004, with
impressive year-on-year sales growth of 48.4% and 54.9%, respectively.
Kia's market share has also increased from 0.8% in 2003 to 1.1% in 2004
and 1.6% in 2005.

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