2011 KIA SPORTAGE ALG RESIDUAL VALUE RATING BEST IN CLASS
All-New Sportage CUV Base Model Leads Industry for 36-Month Residual Value Index
IRVINE, Calif., Jul 21, 2010 Kia Motors all-new 2011 Sportage compress application vehicle, a brands longest-running nameplate in a U.S., leads a compress CUV shred for residual value ratings from ALG, a attention benchmark for residual values and a heading provider of information and consulting services to a automotive industry. The critical rating of 61-percent of strange manufacturers suggested sell cost (MSRP) for 36 months of tenure is a full 20 points aloft than a stream 2010 indication year residual, and Kia Motors top ever rating from ALG. Kia, along with BMW and Subaru, achieved a industrys top particular rankings with a symbol of 66 for a Sportage Base trim.
Kia Motors design-led mutation is pushing some-more and some-more buyers to Kia dealerships for renouned new models like Soul, Forte, Sorento and shortly a new Sportage, as evidenced by a best-ever initial half year sales, pronounced Tom Loveless, clamp president, sales, Kia Motors America (KMA). The best ALG rating for a Kia code and for Sportage strengthens a Kia value tender and consumer certainty by providing aloft resale value and good leasing options that advantage a buyer.
Available after this month, a new 2011 Kia Sportage adds world-class pattern and cutting-edge technologies to an already successful value-packed CUV equation. A sleek, complicated and confidant character with new proportions and a totally new demeanour for a princely Sportage assistance rouse a Kia code serve as a universe pattern personality and loyal tier-one automotive nameplate. New for a 2011 indication year, Sportage offers some-more energy (176 hp) and softened fuel economy along with a options of a breathtaking sunroof, push-button start, back camera display, navigation, LED daytime using lights and an air-cooled drivers chair (a compress CUV shred first). Also approaching to be accessible in late 2010 is a UVO powered by Microsoft1 in-vehicle communication and party complement formed on a Windows Embedded Automotive platform.
Pricing for a energetic compress CUV will start during $18,2952 for a bottom trim, charity such customary preference facilities as atmosphere conditioning, energy windows, doorway thatch and mirrors, SIRIUS Satellite Radio capability with 3 months nominal service3, Bluetooth4 wireless record and MP3 connectivity.
Kia Motors is in a midst of a dramatic, design-led transformation, that has been delivering boldly styled vehicles in several critical segments during accurately a right time, contributing to a brands continued gains in U.S. marketplace share. With 3 new car introductions and several other pivotal initiatives designed for 2010, Kia is staid to continue a movement and build a code by pattern innovation, quality, value, reserve facilities and with new record such as UVO powered by Microsoft1, an modernized hands-free in-car communication and party complement (expected to be accessible in name Kia models in a U.S. after this year).
About Kia Motors America
Kia Motors America (KMA) is a selling and placement arm of Kia Motors Corporation formed in Seoul, South Korea. KMA offers a finish line of vehicles by some-more than 700 dealers via a United States. For 2009, KMA accessible a 15th uninterrupted year of increasing U.S. marketplace share. Kia Motors subscribes to a truth of building high value, high quality, protected and energetic vehicles. Kia Motors prides itself on producing vehicles that are sparkling and enabling and elicit a Kia tagline The Power to Surprise.
Kia Motors America is a Official Automotive Partner of a NBA. Information about Kia Motors America and a full car choice is accessible during a Web site www.kia.com. For media information, including photography, revisit www.kiamedia.com.
About ALG (www.alg.com)
Based in Santa Barbara, California, ALG is a attention benchmark for residual values and a heading provider of information and consulting services to a automotive industry. ALG publishes a “Automotive Lease Guide” — a customary for Residual Value projections in North America, and has been forecasting automotive residual values for over 40 years in both a U.S. and Canadian markets. ALG is a association of Dealer Track Holdings, Inc. (Nasdaq:TRAK).
1 Microsoft is a purebred heading of Microsoft Corporation in a United States and/or other countries.
2 MSRP is manufacturers suggested sell price, and excludes $695 end and doing charges, taxes, title, license, additional options and tradesman charges. Actual prices are set by play and might vary.
3 SIRIUS, XM and all associated outlines and logos are trademarks of SIRIUS XM Radio Inc. and a subsidiaries. SIRIUS Radio
requires a subscription, sole alone after 3-month hearing subscription enclosed with car purchase. Prices and programming
are supposing by SIRIUS and are theme to change. Subscriptions governed by SIRIUS Terms Conditions accessible at
sirius.com. SIRIUS Radio U.S. use accessible usually to those during slightest 18 years of age in a 48 constant United States,
D.C. and Puerto Rico (with coverage limitations).
4 The Bluetooth word symbol and logos are purebred trademarks owned by Bluetooth SIG, Inc. and any use of such outlines by Kia is underneath license. Other trademarks and tradenames are those of their particular owners.