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.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors