Cars
Following in the footsteps of Ford, Audi and Bentley, Kia has announced that it will be raising prices across its UK range in response to the weakening pound on international currency exchange. Effective from April 1, an increase of approximately three per cent will apply across the Korean firm's range with the exception of the recently launched Soul and Magentis facelift models.
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The continuing devaluation of the British pound against the Euro (more than 30 per cent since 2007) is to blame for Ford's decision to increase prices by an average of 2.7 per cent across most of its UK range from all orders received after November...
- Ford Raises Uk Prices By Nearly 4% Due To Weakening Pound
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- Falling Pound Forces Bentley To Increase Uk Pricing By A Hefty 5%
Driven by the falling value of the British Pound against the Euro, Bentley has announced a significant 5-percent increase in the price of all its models within the UK from the start of April 2009. The VW Group owned British firm said that the increase...
- Audi Uk Announces 2 Percent Price Increase Across The Range Due To Weaker Pound
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Cars
Kia Increases UK Prices by Three-Percent
Following in the footsteps of Ford, Audi and Bentley, Kia has announced that it will be raising prices across its UK range in response to the weakening pound on international currency exchange. Effective from April 1, an increase of approximately three per cent will apply across the Korean firm's range with the exception of the recently launched Soul and Magentis facelift models.Commenting on the company's decision, Paul Philpott, Managing Director Kia Motors (UK) Limited said: "We have held off on an increase for as long as possible and did not make any pricing changes during the first quarter. The increase we are making now will be kept to an absolute minimum and still maintains Kia's competitive position in the market.
"This has come about purely as a response to the weakness of the pound, and strength of the Euro and Dollar which have impacted on Kia Motors (UK) Limited and the whole industry in recent months," he concluded.
- Kia Records 53% Increase In Global Sales In November, 17.3% Plus Ytd
Crisis, what crisis? The global recession doesn't seem strong enough to stop Kia's momentum as the South Korean automaker announced today that global sales figures for passenger cars and commercial vehicles for November 2009 have recorded a total...
- Ford Uk Announces 2.7% Avg. Price Increase Across The Range Due To Weak Pound
The continuing devaluation of the British pound against the Euro (more than 30 per cent since 2007) is to blame for Ford's decision to increase prices by an average of 2.7 per cent across most of its UK range from all orders received after November...
- Ford Raises Uk Prices By Nearly 4% Due To Weakening Pound
As if the ongoing economic turmoil hasn't stirred enough troubles, automakers in the UK now have to deal with the continued weakness of the British Pound against the Euro, which this week edged even closer to parity. To deal with this problem Ford...
- Falling Pound Forces Bentley To Increase Uk Pricing By A Hefty 5%
Driven by the falling value of the British Pound against the Euro, Bentley has announced a significant 5-percent increase in the price of all its models within the UK from the start of April 2009. The VW Group owned British firm said that the increase...
- Audi Uk Announces 2 Percent Price Increase Across The Range Due To Weaker Pound
The weaker pound has prompted Audi to increase prices across its UK range by an average of 2 percent for any orders placed on or after February 23rd, 2009. The German automaker said that the decision was a "direct result of increased financial pressure...