The Truth About Cars

FEBRUARY 1, 2024

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges.

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Dealers Auto Durango Tax Credit 104

Teslarati

JULY 11, 2023

For context, dealers have about 54 days’ worth of inventory for gasoline-powered cars. The Kia EV6, Hyundai Ioniq 5, and Nissan Ariya are also seeing their inventories stacking up. The Ford Mustang Mach-E is a bit of an outlier since it qualifies for the federal tax credit, but it still has a surplus of inventory anyway.

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Tax Credit Hummer Highlander Tesla 145

Green Car Congress

JANUARY 22, 2011

In fact, Hans Flick, national tax leader for KPMG’s automotive practice noted that executives appear to indicate that the idea of entry level cars may not have met expectations. Sixty-two percent also think M&A will increase for tier-one suppliers versus 71% in 2010, tier-two suppliers (47%) and dealers (46%). Investments.

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Global Auto Fuel 2010 218

Baua Electric

MARCH 28, 2024

Kia’s first three-row electric SUV is off to a good start. However, Kia will accelerate EV9 momentum with plans to begin US production by May. Kia expects the EV9 will qualify for the full $7,500 EV tax credit by early next year. Starting under $55,000, Kia calls its electric family move an “industry wake-up call.”

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Tax Credit Kia Tax Production 52

Teslarati

OCTOBER 23, 2023

Texas is one of a handful of states that prohibits direct vehicle sales, meaning that Tesla is not allowed to sell its EVs in the state without doing so through a franchise, dealer or third-party retailer. The funding is set to replace revenue lost from EV owners not paying road maintenance taxes normally charged at the gas pump.

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Texas Grant Alternative Fuels Maintenance 137

Green Car Congress

JANUARY 8, 2014

More mainstream models will come from Kia, Mahindra, Škoda, and Volkswagen. Possibilities include dramatic reductions in the cost of EV batteries that lead to more cost- competitive vehicles, greater state or federal incentives, or increasing taxes on fossil fuels. Tesla Motors will have a bumpy year.

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2014 Global Sale Motorcycles 346

EV Adoption

JUNE 21, 2022

Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. And buyers in some states may qualify for further incentives including rebates or no sales tax, along with some utilities also providing rebates. Cost Parity?

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Available Tax Credit Tax Dealers 75

Baua Electric

DECEMBER 27, 2024

The updated 2025 Kia Sorento PHEV is already being recalled, due to possible fuel leaks that present a fire risk. 2025 Kia Sorento plug-in hybrid This issue was discovered during crash testing of 2026 Sorento PHEVs, which have the same front subframe design as the 2025 model. Kia’s reference number for this recall is SC328.

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PHEV Kia Fuel Tax Credit 52

Baua Electric

JULY 11, 2024

Kia sold more electric vehicles in the US in Q2 than its sister company, Hyundai. After EV sales more than doubled in the second quarter, Kia looks to keep up the momentum as its new EV9 helps gain market share. Kia’s first three-row electric SUV is already fueling a sales spike. Kia 135% 5.4% Kia 135% 5.4%

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Kia Hyundai Tax Credit Electric Vehicles 52

Baua Electric

SEPTEMBER 4, 2024

Kia just set another US sales record in August, with more cars sold than in any month in company history. As demand for its first three-row electric SUV, the EV9 , continues to build, Kia’s EV sales climbed 27% from last year. With over 75,200 vehicles sold in August , Kia broke its US sales record for the second consecutive month.

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Kia SUV Sale Tax Credit 52

Baua Electric

APRIL 5, 2024

Ho-Sung Song, the global president and CEO of Kia expects the Indian market to remain flat in 2024. Kia aims to achieve a sales volume of 277k units, with 13% growth year on year, and a market share of 6.8%.” Additionally, we plan to expedite new dealer recruitment to rapidly build our sales growth capabilities,” he said.

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Kia Global Market India 52

Baua Electric

DECEMBER 3, 2024

Kia is making its presence known in the US. After setting a new November sales record, Kia has “no plans of slowing down.” While Kia’s current EV models, including the EV6 and EV9, are building momentum, even more exciting electric cars are coming soon. A new set of lower-cost EVs are also expected to launch in the US.

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Kia Sale Tax Credit SUV 52

Baua Electric

SEPTEMBER 24, 2024

Kia issued a recall for 12,400 EV9 models due to a software glitch that could cause the remote smart parking feature to fail to stop as intended. Kia first noticed the issue earlier this month after an EV9 model in Korea using the feature collided with a parked car. Kia’s recall number is SC324.

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Baua Electric

APRIL 22, 2024

Kia and Genesis are two of the latest to slash EV prices with generous deals. The Kia EV9 and several Genesis EVs are now $7,500 off with new discount offers. Kia and Genesis are offering significant EV discounts Genesis is rapidly expanding in the US, outpacing most luxury brands with sleek all-electric vehicles.

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Kia Price Tax Credit Lexus 52

Charged EVs

OCTOBER 21, 2024

After a seven-year wait, the high-style 3-row box on wheels will hit dealerships in November and December—with priority going to those dealers who sold higher numbers of VW’s ID.4 Look up “chicken tax” for the reason why.) The 2025 Volkswagen ID.Buzz, an electric reinvention of VW’s 1960s Microbus, is finally here. save Los Angeles.

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North America Electrical Electric Minivan 110

Baua Electric

JANUARY 21, 2025

In a sudden reversal, Hyundais new IONIQ 5 and IONIQ 9 EVs no longer qualify for the $7,500 US tax credit. Hyundai EVs lose US federal tax credit in 2025 After setting another new US retail sales record last year, its fourth straight, Hyundai expected 2025 could be even bigger. Genesis, Hyundais luxury brand, also lost eligibility.

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Tax Credit Hyundai Tax Kia 52

Baua Electric

JULY 3, 2023

Kia’s Strong point sedan is also doing neatly because of city consumers, who nonetheless favor smaller, extra cost-efficient automobiles. ” “Our production is up and we’ve been able to sell that because our sales are up year over year, but we’re not building dealer stock,” he stated.

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Kia San Francisco Los Angeles Re-Charge 52

Baua Electric

JUNE 24, 2024

After a record 2023, Hyundai and Kia are not slowing down this year. With new tariffs on Chinese EVs, Hyundai and Kia look to gain an edge over their overseas rivals. Hyundai Motor, including Kia, generated a record over $9 billion (KRW 12.27 Kia opened orders for its EV3 in Korea earlier this month, starting at $30,700 (KRW 42.08

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Kia Hyundai Affordable Boston Consulting Group 52

Baua Electric

JANUARY 3, 2025

2026 Hyundai IONIQ 9 (Source: Hyundai) South Koreas auto giants, Hyundai and Kia, are making their presence known in the US after another record sales year in the US in 2024. With new EVs launching in key segments, Hyundai and Kia expect even more growth this year. A big reason behind the growth is Kias growing EV lineup.

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Baua Electric

NOVEMBER 21, 2024

2025 EV6 Kia has debuted its updated EV6 with several updates including a bigger battery, a NACS charging port, and a fake gear shifter for the GT model. Better yet, the model will now be produced in Kia’s plant in Georgia, offering easier access to US tax credits. If nothing else, it is a fun party trick. Get started here. –

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Kia Tax Credit Batteries Battery 52

Electric Auto Association

FEBRUARY 7, 2023

“I assumed I was facing mandatory market adjustments,” she said, explaining that she had recently paid $4000 in “mandatory add-ons” in the form of a required premium security system when she purchased a new KIA EV6. Go online, build the car you want, print the price out, and present it to the dealer’ is what they told me.” “It

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Tax Credit Dealers Purchase Chevrolet 91

Clean Fleet Report

JUNE 4, 2022

These big price reductions, $5,900 for the Bolt EV and $6,300 for Bolt EUV, makes them more competitive as Chevrolet no longer qualifies for the federal $7,500 tax credit. At this price point the Bolt will be able to be positioned against other small EVs—such as the Kia Niro and Nissan Leaf, rather than its brand siblings.

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Chevrolet Price Tax Credit 2020 105

Baua Electric

MAY 21, 2024

2024 Kia EV9 (Source: Kia) CarsDirect is busy hunting down the best Memorial Day EV deals – here are three standouts from Tesla, Kia, and Ford. CarsDirect reported earlier in May that the $7,500 federal tax credit can make the Model Y $9,000 cheaper than a Model 3. Lease prices are currently unchanged.

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F-150 Tax Credit Kia Solar 52

EV Central

DECEMBER 31, 2024

A 50kW charger installed at a Noosa hotel charges a Kia EV6 GT. MTAA is grateful that the Australian government worked with the MTAA to deliver a targeted incentive for dealers and repairers. Government announces scheme to slash the cost of buying new and used electric vehicles. But there are conditions READ MORE: Plug pulled!

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Smart Charger EV Smart Installation Plug-in 98

Baua Electric

MAY 23, 2024

2024 Kia EV9 (Source: Kia) CarsDirect is busy hunting down the best Memorial Day EV deals – here’s the latest from Tesla, Kia, Ford, and now Mercedes. Click here to find a local dealer that may have the 2023 Mercedes-Benz EQB-Class in stock. Click here to find a local dealer that may have the Tesla Model Y in stock.

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F-150 Kia Tax Credit Mercedes 52

Drive Electric

JANUARY 6, 2021

Financial incentives for battery electric vehicles will remain, including a rate of just 1% Benefit in Kind (BIK) company car tax from April 2021 for a period of 12 months.

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Electric Vehicles Vehicles Petrol Land Rover 98

Baua Electric

JUNE 10, 2024

After a record start to 2024, Hyundai and Kia accounted for 11.2% Hyundai and Kia have been on a roll with some of the most affordable, fuel-efficient electric cars in the US. Hyundai has six of the top ten most fuel-efficient EVs on the market (by trim) in 2024, while Kia’s EV6 also made the list. in 2020, 3.4% in 2021, 10.6%

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Kia Hyundai Market Tax Credit 40

Electric Vehicles India

MARCH 7, 2023

23 KIA Motors 27 46 – 0.0 -41 BMW, Hyundai Motors, Volvo, Mercedes-Benz, KIA Motors have sold a decent number of e-cars and the values can be seen in the table above. E-car manufacturer Feb’ 23 Jan’ 23 Feb’ 22 YoY% MoM% TATA Motors 3,776 2,426 2,316 63.04 56 MG Motors 345 425 38 807.89 -19 BYD India 228 132 12 1800.0

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Electric Cars Sale India Cars 89

Clean Fleet Report

SEPTEMBER 11, 2024

Scheduled to be in dealers in fall 2024, it will be eligible for a $3,750 U.S. tax credit at start of sale. Observations The Hyundai Group (Hyundai, Kia and Genesis brands) continues to be a design leader and a major player in bringing electrified vehicles to market.

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Hyundai Tucson Los Angeles Tax Credit 98

Baua Electric

JULY 2, 2024

After selling over 5,000 EVs for the third straight month, Kia looks to keep the momentum going in the second half of 2024. Kia’s EV sales hit new record in first half of 2024 Kia is on a roll in the US with affordable, long-range models like the three-row EV9 and EV6, reaching buyers. The 2024 Kia EV6 starts at just $42,600.

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Affordable Range Sale Kia 52

EV Adoption

JANUARY 22, 2022

While it is common for OEMs to NOT report sales of its models by powertrain — including PHEVs and in some cases BEVs like the Kia Niro and Hyundai Kona — both Toyota (RAV4 Prime and Prius Prime) and Mitsubishi (Outlander PHEV) do publish sales of their PHEVs.

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Baua Electric

JANUARY 17, 2024

Hyundai Motor Group (including Kia) overtook Ford and GM to take second in US EV sales last year, behind only Tesla. Hyundai and Kia accounted for around 8% of passenger EVs handed over in the US in 2023 with around 117,000 models handed over. You can use our link to find a great deal on the new Hyundai Kona EV at a dealer near you.

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Hyundai Design Tax Credit Electrical 95

Baua Electric

FEBRUARY 14, 2025

A rebate is powerful finance tool that helps dealers overcome obstacles like negative equity, poor credit, down payment requirements, and interest rate objections and, ultimately, get a deal done. Jeep dealers have $7,000 to help you get behind the wheel of one of those, too,and (again) thats before the negotiations begin.

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PHEV Jeep Dodge Kia 52

Baua Electric

SEPTEMBER 4, 2024

The Honda Prologue EV set a new US sales record as it rolls out to dealers nationwide. 2024 Honda Prologue Elite (Source: Honda) Honda Prologue EV sets new US sales record in August All Honda Prologue models qualify for the $7,500 EV tax credit, bringing prices down to as low as $39,900 (before destination).

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Tax Credit Sale Acura Honda 52

EV Central

AUGUST 30, 2024

The Volkswagen ID.Buzz is priced from $87,990 plus on-road costs That LCT threshold includes dealer delivery but excludes additional government costs such as stamp duty and registration. That means dealer delivery on the ID.Buzz will have to be below $3397.

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Australia Price Tax Dealers 59

Baua Electric

SEPTEMBER 24, 2024

We found that current factory lease offers on 22 different EV models dispel that myth with terms that pass the entire commercial clean vehicle Federal tax credit to the lessee, enabling the lessee to eventually own the vehicle for thousands of dollars less than paying cash upfront or taking out a loan. Lease-to-own savings: $15,366.

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Tax F-150 Lexus Dealers 52

Baua Electric

MARCH 1, 2025

Rival Hyundai Motor India said it dispatched 47,727 units to dealers in the domestic market last month, a drop of 5 per cent as compared with 50,201 units in February 2024. The company dispatched 26,414 units to its dealers in the domestic market and exported 2,000 units. Kia India also reported a 23.8

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Suzuki Hyundai Sale India 52