Kia completes rollout of K-series line of vehicles inside KoreaSeptember 17, 2012 - 15:51 AMT PanARMENIAN.Net - Kia has announced that it completed the rollout of its K-series line of vehicles inside Korea, SlashGear reports. The last product in the K line was the refreshed K3 sedan. The new K3 has been in the works for six years and is the latest vehicle and Kia’s attempt to shed its bargain car image. The car was styled by Kia’s team led by former Audi designer Peter Schreyer. Schreyer and his design team also designed the Kia K7, K5, and K9, which are all radical departures from previous generation designs. The K3 sells in the United States as the Forte and is available in other markets as the Cerato. In the first half of the year, sales of this particular model were down 25%. Kia hopes that its K3 sedan will sell 410,000 units globally in 2013. Korean pricing for the K3 with 1.6-liter engine and a six-speed automatic transmission will equate to about $13,350 in the U.S. This year, Kia hopes to sell 2.71 million vehicles around the world, which would be a 9.5% increase compared to last year. Last week Kia union workers approved a new contract ending strikes at the automakers plants. To end the strikes, Kia agreed to end night shifts and shorten work hours. There have been 33 different strikes since July 13 by Kia workers. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |