Username or Email Address
Do you already have an account?
Forgot your password?
  • Log in or Sign up

    VWVortex


    The Car Lounge
    Page 1 of 5 12345 LastLast
    Results 1 to 25 of 110

    Thread: dailyfinance.com predicts the KIA brand will disappear.

    1. Geriatric Member BRealistic's Avatar
      Join Date
      Dec 16th, 2005
      Location
      Tennessee
      Posts
      67,108
      Vehicles
      88 F150, 04 RX8, 96 T&C LXi
      06-17-2010 10:11 AM #1
      Really? I agree with the other brands on the list, but KIA?

      http://www.dailyfinance.com/investin.../?ncid=webmail

      BRANDS THAT WILL DISAPPEAR

      Kia Motors Corp.
      Kia Motors Corporation is one of the two car brands of Hyundai of South Korea. It has always been a marginal brand. Its stable mate, Hyundai USA, has a reputation for high quality cars like the Sonata and Genesis. Kia sells “low rent” cars and SUV nameplates like the Sorento and Rio. As GM and Ford have already discovered, it is expensive to maintain multiple brands and storied car names, including Pontiac, Saturn, and Mercury, are disappearing.

      Most Kia cars sell for $14,000 to $25,000. Hyundai has several cars in the same price range. Hyundai’s Sonata has quickly become one of the best-selling cars in America, and its Genesis flagship model competes with mid-sized BMWs and Mercedes. The parent company will take a page from several other global car companies and dump its weakest brand.


      See full article from DailyFinance: http://247wallst.com/2010/06/15/247-...ppear-in-2011/



      [
      “Travel is fatal to prejudice, bigotry, and narrow-mindedness, and many of our people need it sorely on these accounts. Broad, wholesome, charitable views of men and things cannot be acquired by vegetating in one little corner of the earth all one's lifetime.”

    2. Member sandiegan's Avatar
      Join Date
      May 25th, 2005
      Location
      LA Section 8 Housing
      Posts
      4,587
      Vehicles
      A bicycle.
      06-17-2010 10:16 AM #2

    3. Member Volvo_D's Avatar
      Join Date
      Jan 19th, 2009
      Posts
      3,408
      Vehicles
      2006 Volvo XC90 2.5T, current demo: 2015.5 XC60 T5 AWD
      06-17-2010 10:23 AM #3
      Lazy journalism strikes again. Did the guy do ANY research on how well KIA is doing?
      What I do for a living? This is a small part of it www.lehmanvolvo.blogspot.com ...and now, so is this: www.infinitiofmechanicsburg.blogspot.com

    4. Banned patrikman's Avatar
      Join Date
      May 10th, 2008
      Location
      44.5 North, 88 West
      Posts
      32,232
      Vehicles
      EJ251, EJ255, EZ30D(R)
      06-17-2010 10:30 AM #4
      Patrikman predicts dailyfinance.com will disappear first.

    5. Geriatric Member ByronLLN's Avatar
      Join Date
      Jul 29th, 2004
      Location
      Annapolis, MD
      Posts
      38,401
      Vehicles
      '15 5.0, '13 Focus, '97 Wrangler, '90 Miata
      06-17-2010 10:57 AM #5
      Quote Originally Posted by patrikman View Post
      Patrikman predicts dailyfinance.com will disappear first.
      This.
      www.leftlanenews.com
      @SSLByron, @leftlanenews
      Domestic Muscle Owners Not-So-Anonymous
      Quote Originally Posted by atomicalex View Post
      Can we just have more boob pics, please?

    6. Banned Fritz27's Avatar
      Join Date
      Mar 8th, 2003
      Location
      Brickell
      Posts
      26,435
      Vehicles
      1986 Legs and/or 2014 Blue Non-MANual European Turbo Hatch
      06-17-2010 11:01 AM #6
      Yes, the brand new factory built in Georgia is an obvious sign that Kia is going under.

    7. Member Jordan 191's Avatar
      Join Date
      Nov 6th, 2000
      Location
      St. Paul, MN
      Posts
      5,139
      Vehicles
      2007 Mazdaspeed3
      06-17-2010 11:03 AM #7
      LOL. More like dailycrackhabit.com. I'm seeing Souls everywhere now; I've almost stopped noting them to myself.

    8. Senior Member You'reDrunk's Avatar
      Join Date
      Nov 13th, 2009
      Location
      Vegas Bitches!
      Posts
      30,810
      Vehicles
      00' VR6T 12' V6 TDI 72' 914-6
      06-17-2010 11:10 AM #8
      the story is full of FAIL

      this thread is full of WIN
      Larry
      Demokratikally Elekted Minister of Shekels of the Independent People's Republik of Offtopikstan
      Quote Originally Posted by atomicalex View Post
      The boobs. I am waiting on the boobs here.

    9. Member Chris_V's Avatar
      Join Date
      Jun 18th, 2009
      Location
      Pikesville, MD
      Posts
      14,892
      Vehicles
      '01 BMW 740i Sport, 2014 Mini Cooper, '02 Suburban 2500LT
      06-17-2010 11:36 AM #9
      Quote Originally Posted by patrikman View Post
      Patrikman predicts dailyfinance.com will disappear first.
      Actually, it's just a set of excerpts from an article by Douglas A. McIntyre at 24/7 Wall Street..

      http://247wallst.com/2010/06/15/247-...ppear-in-2011/

      24/7 Wall St. regularly compiles a report of brands that are likely to disappear in the near-term. Last April, and again in December, we published our findings. Usually, it would take a full year before such a list could be compiled again. However, the current economic climate has accelerated this process and a majority of the brands on the first two lists are either gone, have been acquired, or have filed for bankruptcy. Last April, 24/7 Wall St. identified twelve brands that our analysis showed would disappear, including Saturn, Borders, Palm, AIG and Eddie Bauer.

      We also accurately identified brands that would disappear in our December list.
      Still don't think they know what they are talking about with Kia, however.
      I love cars, but the problem is they are like schroedinger's hobby. They're always in a quantum superstate of being both awesome and a huge waste of time and money... until observation momentarily forces them into one state or another.

    10. Member sdpauly's Avatar
      Join Date
      Apr 3rd, 2004
      Location
      San Diego
      Posts
      2,093
      Vehicles
      2015 981 GTS, 2008 Taco
      06-17-2010 11:38 AM #10
      ...in other news, there is a Kia that costs $25k?? And people actually buy them?
      "Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats." -H. L. Mencken

    11. Member sandiegan's Avatar
      Join Date
      May 25th, 2005
      Location
      LA Section 8 Housing
      Posts
      4,587
      Vehicles
      A bicycle.
      06-17-2010 11:39 AM #11
      Quote Originally Posted by sdpauly View Post
      ...in other news, there is a Kia that costs $25k?? And people actually buy them?
      Selling them in droves

    12. 06-17-2010 11:40 AM #12
      Quote Originally Posted by article
      As GM ... already discovered, it is expensive to maintain multiple brands and storied car names, including Pontiac, Saturn, and Mercury, are disappearing.
      Since joining forces, Hyundai/Kia have apparently adopted a simple strategy: Kia will be the lower cost value brand, allowing Hyundai to move slightly upmarket and offer more sophistication, luxury, etc. This is pretty easy to do when you're only dealing with two car brands--witness Honda/Acura, Toyota/Lexus, etc--and it can make solid sense to the typical consumer.

      Then there is GM. Back in the day, they thought it would be swell to make one platform/model and then spinoff five or six different versions of it--Chevy, Olds, Pontiac, Buick, Cadillac, Saturn, Saab, GMC. There was so little differentiation from brand to brand, most consumers couldn't see the point.

      Kia isn't going anywhere.
      Dempsey Bowling
      Sales Consultant at Doug Smith Dodge/Chrysler/Jeep/Ram/Subaru/Kia/used
      My fleet: 91 Miata, 98 Wrangler Sport, 01 Suburban 2500 8.1L, 14 Impreza Limited, 80 Grand Prix LJ

    13. Banned Fritz27's Avatar
      Join Date
      Mar 8th, 2003
      Location
      Brickell
      Posts
      26,435
      Vehicles
      1986 Legs and/or 2014 Blue Non-MANual European Turbo Hatch
      06-17-2010 11:40 AM #13
      Quote Originally Posted by sdpauly View Post
      ...in other news, there is a Kia that costs $25k?? And people actually buy them?
      Says the guy that bought a 1-Series.

      Have you ever looked at your car?

    14. Member oloniccolo's Avatar
      Join Date
      Nov 16th, 2009
      Location
      ATL suburbia
      Posts
      3,075
      Vehicles
      volvo wagon bullet
      06-17-2010 12:26 PM #14
      Quote Originally Posted by Fritz27 View Post
      Says the guy that bought a 1-Series.

      Have you ever looked at your car?
      hehehehhe

      i like kia, and they arent going anywhere but up

    15. Member warren_s's Avatar
      Join Date
      Apr 26th, 2009
      Location
      Taranna.
      Posts
      5,158
      Vehicles
      2015 Audi A3
      06-17-2010 12:29 PM #15
      Quote Originally Posted by Fritz27 View Post
      Says the guy that bought a 1-Series.

      Have you ever looked at your car?
      Hey now, be nice, maybe he likes cheap plastic interiors.

    16. Moderator the brit's Avatar
      Join Date
      Jun 23rd, 2003
      Location
      Pottstown, PA
      Posts
      21,654
      Vehicles
      VW Fox 16v
      06-17-2010 12:29 PM #16
      I (not so) secretly dream of owning a Kia Sedona.
      | œ Orchid Euro Importation œ |

      Currently driving or working on too many cars...
      | '93 Fox 16v - PVW | '99 Greenland Polo Diesel | '89 Rallye Golf | '83 Golf GTi RHD | '75 Swallowtail |
      | '82 Caddy 1.9D | '85 VW LT Car Transporter | Mk2 Jetta Limo | '90 Jetta 8V | '96 VW LT35D | '03 SpintLT35 | '02 GTI 337 | '03 GTI 20v |
      | '09 Aprilia RS125 | '81 Kawasaki AR80 | '59 NSU Quickly | '64 Honda Cub C65 + '65 C105 | Trek Emonda SLR9 | Trek Crockett 9 |

    17. Senior Member PowerDubs's Avatar
      Join Date
      Jul 22nd, 2001
      Location
      NWNJ
      Posts
      24,324
      06-17-2010 12:46 PM #17
      haha.. cheap plastic interiors.

      My brother in law got rid of his Passat for a BMW X3 that the wife talked him into.. and the first thing I did when I got in it was stroke the dash and say to him "WTF is this ****? Nice Kia".

      He has had it now for over a year and readily admits he liked the Passat better and misses it.


      -Josh
      Current VAG collection- 08 TT coupe 3.2 MT | 06 Phaeton 4-seater 6.0 W12 | 04 VW R32 | 03 GTI VR6 - all of them 24v VR6 based.
      Current other- 00 M Roadster | 12 Kia Soul 1.6 stick |01 ZRX1200R | 03 KLX400R | 00 XR200R

    18. Member
      Join Date
      Nov 10th, 2008
      Location
      Hollywood, CA
      Posts
      3,926
      Vehicles
      2006 Gallardo Spyder, 2001 Miata LS, 2006 Corvette-Sold, 2008 Kawasaki Ninja 650R (RIP)
      06-17-2010 12:51 PM #18
      I doubt they'll disappear, but they really don't need to be in existence. Kia is probably the only brand I wouldn't buy a car from just because of the name. The name and the Kia logo on the grille are extremely undesirable in my opinion. I know I should be past the point of caring about a brand name, and for the most part I don't, but Kia is the one brand that absolutely turns me off to the point where I wouldn't consider buying a car from them. I'd happily buy a Suzuki, Hyundai, even a Daewoo (if they were still on sale) if they made a car I liked, but I really can't see myself willingly purchasing a Kia

      Not to mention that they don't have very many (any?) offerings that aren't also offered by Hyundai.

    19. Member Harpoon's Avatar
      Join Date
      Jan 5th, 2008
      Location
      Connecticut
      Posts
      15,567
      Vehicles
      '02 Accord Coupe V6 EX
      06-17-2010 12:57 PM #19
      Quote Originally Posted by the brit View Post
      I (not so) secretly dream of owning a Kia Forte Koup.

    20. Member
      Join Date
      May 15th, 2007
      Location
      Wilmington, DE
      Posts
      13,874
      Vehicles
      2012 Jeep Wrangler
      06-17-2010 12:58 PM #20
      Is that really the plan for Hyundai/Kia? I don't see it being at all like the Toyota/Lexus relationship. It seems more like two mass market brands (Honda/VW), with one brand selling a handful of higher priced cars. Other than that, I don't think anyone views Hyundai as the "Lexus" of the Hyundai/Kia marriage. There are still plenty of products in Hyundai's line-up that overlap Kia's pricing. And Kia is also due to get a version of the Genesis sedan. Overall, I doubt if the Kia brand is going anywhere, anytime soon.

      Quote Originally Posted by TurboMinivan View Post
      Since joining forces, Hyundai/Kia have apparently adopted a simple strategy: Kia will be the lower cost value brand, allowing Hyundai to move slightly upmarket and offer more sophistication, luxury, etc. This is pretty easy to do when you're only dealing with two car brands--witness Honda/Acura, Toyota/Lexus, etc--and it can make solid sense to the typical consumer.

      Then there is GM. Back in the day, they thought it would be swell to make one platform/model and then spinoff five or six different versions of it--Chevy, Olds, Pontiac, Buick, Cadillac, Saturn, Saab, GMC. There was so little differentiation from brand to brand, most consumers couldn't see the point.

      Kia isn't going anywhere.

    21. Member 200HP4dr's Avatar
      Join Date
      Nov 21st, 2001
      Location
      SW KS
      Posts
      9,120
      06-17-2010 01:20 PM #21
      Quote Originally Posted by thetopdog View Post
      I know I should be past the point of caring about a brand name, and for the most part I don't, but Kia is the one brand that absolutely turns me off to the point where I wouldn't consider buying a car from them. I'd happily buy a Suzuki, Hyundai, even a Daewoo (if they were still on sale) if they made a car I liked, but I really can't see myself willingly purchasing a Kia

      Not to mention that they don't have very many (any?) offerings that aren't also offered by Hyundai.
      You would buy a Daewoo? Those cars were the crappiest of the crappy. A Kia is a Hyundai, and if you can't see past the badge on the grille, then it's your loss. What do they call it when someone chooses to remain ignorant even when given the opportunity not to? I'll let you figure that out.

      Chris

    22. Member cockerpunk's Avatar
      Join Date
      May 17th, 2010
      Location
      Twin Cities MN
      Posts
      4,766
      Vehicles
      Mr2, 951, NA6
      06-17-2010 01:26 PM #22
      why would any car company follow the model of an american car company? thats just asking for failure.

    23. Member sdpauly's Avatar
      Join Date
      Apr 3rd, 2004
      Location
      San Diego
      Posts
      2,093
      Vehicles
      2015 981 GTS, 2008 Taco
      06-17-2010 01:32 PM #23
      Quote Originally Posted by Fritz27 View Post
      Says the guy that bought a 1-Series.

      Have you ever looked at your car?
      really? have you ever been near a 1 series? like a Kia? LMAO!!!! Good one.





      ^^yeah, those sure look the same to me.
      Last edited by sdpauly; 06-17-2010 at 01:36 PM.
      "Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats." -H. L. Mencken

    24. Member Mike!'s Avatar
      Join Date
      Jun 17th, 2002
      Location
      Ontario & Ohio
      Posts
      14,722
      Vehicles
      2010 Mazda6 GT-I4
      06-17-2010 01:33 PM #24
      Quote Originally Posted by whitejeep1989 View Post
      Is that really the plan for Hyundai/Kia? I don't see it being at all like the Toyota/Lexus relationship. It seems more like two mass market brands (Honda/VW), with one brand selling a handful of higher priced cars. Other than that, I don't think anyone views Hyundai as the "Lexus" of the Hyundai/Kia marriage. There are still plenty of products in Hyundai's line-up that overlap Kia's pricing. And Kia is also due to get a version of the Genesis sedan. Overall, I doubt if the Kia brand is going anywhere, anytime soon.
      More like Chev/Buick or Dodge/Chrysler than Toyota/Lexus, but I think there is a definite distinction between the two companies that they are trying to develop.

      Kia is at something like 18 months of consecutive sales growth in Canada. I don't think they're going anywhere. The world is a lot bigger than just the US, and I imagine they're even doing well there.

    25. 06-17-2010 01:34 PM #25
      Finance companies/blogs should stick to what they'd do best, let the automotive folks take care of their own field. Thanks!

    Page 1 of 5 12345 LastLast

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •