Sime Darby Kia Taiwan Co (台灣森納美起亞) yesterday introduced three Kia models, marking the re-entry of the South Korean brand to the local market after Taikoo Motors Ltd (太古運通) stopped distribution in 2008.
The company, a local unit of Malaysia-based Sime Darby Motors Sdn Bhd, hopes to sell 4,000 Kia cars in Taiwan by the end of next year.
“As a new brand, our first goal is to increase the visibility of Kia cars in Taiwan,” Sime Darby Kia Taiwan managing director Eau Chian-boon (游劍文) said at a launch ceremony in Taipei for the 1.2-liter Kia Morning subcompact, the 2-liter Kia Soul crossover and the 2.36-liter Kia Optima sedan.
The Kia Morning is priced between NT$479,800 (US$15,650) and NT$549,800, the Kia Soul at NT$869,800 to NT$969,800 and the Kia Optima at NT$1.2 million.
Sime Darby Kia Taiwan plans to launch a locally manufactured diesel and gasoline-powered Kia Caren compact multipurpose vehicle next month, Eau said, adding that the vehicle is now undergoing certification.
Sanyang Industry Co (三陽工業), which assembles Hyundai cars in Taiwan, will also produce Kia cars, chairman Dennis Ho (何國文) said.
Ho said the company aims to sell 3,000 locally made Morning and Caren cars, and 1,000 imported cars by the end of next year.
Over the next five years, the company hopes to sell 10,000 cars a year in Taiwan, he said.
“Kia is a different brand now compared with five years ago when it exited Taiwan,” especially after the South Korean firm hired Peter Schreyer — who designed the Audi TT two-door sports car — in 2006, Ho said.
Kia Motors was the world’s eighth-largest automaker last year, with sales of 2.83 million cars, according to figures provided by Sime Darby Kia Taiwan.
In the first nine months of the year, Kia Motors sold 2.26 million cars worldwide, up 8.8 percent year-on-year. It is forecast to sell 3 million by the end of this year, Sime Darby Kia Taiwan said.
Sime Darby Kia Taiwan has set up 10 showrooms in Taiwan, including two brand centers in Taipei’s Beitou (北投) and Neihu (內湖) districts. It has no plans for further showroom expansion at present, so it can focus on service quality, Ho said.
CHIP RACE: Three years of overbroad export controls drove foreign competitors to pursue their own AI chips, and ‘cost US taxpayers billions of dollars,’ Nvidia said China has figured out the US strategy for allowing it to buy Nvidia Corp’s H200s and is rejecting the artificial intelligence (AI) chip in favor of domestically developed semiconductors, White House AI adviser David Sacks said, citing news reports. US President Donald Trump on Monday said that he would allow shipments of Nvidia’s H200 chips to China, part of an administration effort backed by Sacks to challenge Chinese tech champions such as Huawei Technologies Co (華為) by bringing US competition to their home market. On Friday, Sacks signaled that he was uncertain about whether that approach would work. “They’re rejecting our chips,” Sacks
NATIONAL SECURITY: Intel’s testing of ACM tools despite US government control ‘highlights egregious gaps in US technology protection policies,’ a former official said Chipmaker Intel Corp has tested chipmaking tools this year from a toolmaker with deep roots in China and two overseas units that were targeted by US sanctions, according to two sources with direct knowledge of the matter. Intel, which fended off calls for its CEO’s resignation from US President Donald Trump in August over his alleged ties to China, got the tools from ACM Research Inc, a Fremont, California-based producer of chipmaking equipment. Two of ACM’s units, based in Shanghai and South Korea, were among a number of firms barred last year from receiving US technology over claims they have
It is challenging to build infrastructure in much of Europe. Constrained budgets and polarized politics tend to undermine long-term projects, forcing officials to react to emergencies rather than plan for the future. Not in Austria. Today, the country is to officially open its Koralmbahn tunnel, the 5.9 billion euro (US$6.9 billion) centerpiece of a groundbreaking new railway that will eventually run from Poland’s Baltic coast to the Adriatic Sea, transforming travel within Austria and positioning the Alpine nation at the forefront of logistics in Europe. “It is Austria’s biggest socio-economic experiment in over a century,” said Eric Kirschner, an economist at Graz-based Joanneum
OPTION: Uber said it could provide higher pay for batch trips, if incentives for batching is not removed entirely, as the latter would force it to pass on the costs to consumers Uber Technologies Inc yesterday warned that proposed restrictions on batching orders and minimum wages could prompt a NT$20 delivery fee increase in Taiwan, as lower efficiency would drive up costs. Uber CEO Dara Khosrowshahi made the remarks yesterday during his visit to Taiwan. He is on a multileg trip to the region, which includes stops in South Korea and Japan. His visit coincided the release last month of the Ministry of Labor’s draft bill on the delivery sector, which aims to safeguard delivery workers’ rights and improve their welfare. The ministry set the minimum pay for local food delivery drivers at