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Us Market

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Kia Sets Sights on U.S. Midsize Pickup With Hybrid and Extended-Range EV by 2030
automotive1 day ago

Kia Sets Sights on U.S. Midsize Pickup With Hybrid and Extended-Range EV by 2030

Kia announced plans to offer a U.S. midsize body-on-frame pickup by 2030 with conventional hybrid and extended-range EV powertrains; a teaser image hints at a double-cab design, though EV specifics aren’t confirmed in the latest statement. The plan supports CEO Ho Sung Song’s goal of roughly 90,000 yearly sales and 7% market share in the segment by 2034, and Kia’s broader aim to reach about 1 million EVs by 2030. The truck would be Kia’s first body-on-frame model in the U.S. since the Borrego and would compete with Tacoma, Colorado, and Ranger.

Kia eyes U.S. midsize pickup with hybrid lineup by 2030
business2 days ago

Kia eyes U.S. midsize pickup with hybrid lineup by 2030

Kia plans to introduce a U.S.-specific midsize pickup with hybrid variants by 2030 as part of a broad growth push, aiming to reach about 1.02 million U.S. sales and 6.2% market share by 2030, with at least one hybrid variant possibly built in the U.S.; the company targets around 90,000 pickups per year in North America and 7% of the midsize pickup segment by 2034, while continuing its global electrified-vehicle push.

Motorola raises US prices across the Moto G (2026) lineup
technology2 days ago

Motorola raises US prices across the Moto G (2026) lineup

Motorola hiked US prices for the Moto G (2026) lineup overnight, lifting the Moto G Play 2026 from $179.99 to $249.99, the Moto G (2026) from $199.99 to $299.99, and the Moto G Power (2026) from $299.99 to $399.99, with the Moto G Stylus (2026) at $499.99 as a benchmark. The increases are attributed in part to rising memory chip costs, and Motorola is pushing promotions on the official store while suggesting third-party retailers may still show the old pricing for now. The piece notes that these hikes could foreshadow further increases for Razr/Edge mid-rangers as well.

Nintendo Switch 2 digital games to be cheaper than physical copies in US from May 2026
gaming16 days ago

Nintendo Switch 2 digital games to be cheaper than physical copies in US from May 2026

From May 2026, new Switch 2 titles released in the US will have lower digital MSRPs than physical copies, starting with Yoshi and the Mysterious Book (digital $59.99 vs physical $69.99). Older titles aren’t affected. Nintendo says the difference reflects format production and distribution costs, digital prices won’t rise overall, and future pricing will consider profitability, installed base, and market conditions amid ongoing cost pressures.

Samsung Halts Galaxy Z TriFold Sales as Stock Dries Up
technology22 days ago

Samsung Halts Galaxy Z TriFold Sales as Stock Dries Up

Samsung confirmed it will stop selling the Galaxy Z TriFold after selling through existing stock in Korea and then the US. The $2,899 device is already out of online stock in the US, with a few brick-and-mortar stores still offering limited units; buyers may need to visit Samsung Experience Stores, though stock there is not guaranteed. Samsung is expected to shift focus to upcoming foldables (potential Galaxy Z Fold 8 and Galaxy Z Flip 8) amid broader cost pressures on its mobile business.

Volvo pulls EX30 from the U.S. lineup as focus shifts to bigger EVs
business26 days ago

Volvo pulls EX30 from the U.S. lineup as focus shifts to bigger EVs

Volvo has canceled the EX30 for the U.S. market and will stop selling the EX30 and EX30 Cross Country after the 2026 model year, citing a combination of tariff-driven price pressure, a late-quality/price misalignment (roughly $50k), and reliability/software issues; production moved to Europe helped the decision. Volvo says it will continue electrification with upcoming models like the EX90 and EX60, signaling a shift away from this small urban EV despite ongoing demand for EVs overall.

Mercedes-Benz Bets on a Luxury Electric Minivan with the US-bound VLE
technology1 month ago

Mercedes-Benz Bets on a Luxury Electric Minivan with the US-bound VLE

Mercedes-Benz is bringing the all-electric VLE luxury minivan to the U.S.—a 'grand limousine' with configurable rear seating, a 31.3-inch 8K theater screen, and a 115-kWh battery with 409 hp. It uses 800-volt tech, air suspension, and four-wheel steering to deliver luxury and comfort in a van, with a WLTP range around 434 miles and a real-world EPA estimate closer to 350 miles.

Kia Delays US Arrival of 2026 EV6 GT Amid Slump in EV Sales
business1 month ago

Kia Delays US Arrival of 2026 EV6 GT Amid Slump in EV Sales

Kia has postponed the 2026 EV6 GT for the U.S. market “until further notice,” citing weak EV6 sales after the federal tax credit ended. The GT, the lineup’s most expensive trim and imported from Korea (subject to a 15% tariff), has been removed from the US configurator, while other trims produced in West Point, GA remain on sale. Kia notes the delay reflects changing market conditions and does not affect the rest of the EV6 lineup. The 2025 EV6 GT boasted up to 641 hp and 3.4-second 0–60 mph performance, and the EV3/EV4 are also delayed in the U.S.

CVC to acquire Marathon Asset Management, expanding its US credit platform
business2 months ago

CVC to acquire Marathon Asset Management, expanding its US credit platform

CVC agreed to acquire Marathon Asset Management for up to $1.2 billion in a cash-and-equity deal to expand its US credit capabilities and broaden its multi-asset credit platform. The base consideration is $400 million in cash and up to 45 million SubCo Units exchangeable for CVC shares, plus up to $800 million in CVC equity, with earn-outs of up to $200 million cash and $200 million in SubCo Units. Marathon’s minority partner will receive $280 million in cash. The deal is expected to close in Q3 2026 and be EPS neutral in 2027 and accretive from 2028. Marathon will be rebranded CVC-Marathon, with co-heads Bruce Richards and Lou Hanover leading the combined credit business. Post-close, CVC’s Fee-Paying AUM is targeted at about €61 billion, supporting plans to reach €200 billion by 2028 across Private and Public Credit and multiple client channels.

Honda's Hybrids to Get Louder to Appeal to American Tastes
automotive3 months ago

Honda's Hybrids to Get Louder to Appeal to American Tastes

Honda is developing a new hybrid system for the US market that will feature a louder, more appealing exhaust sound, catering to American preferences for louder cars. The new hybrid will sound better than the Prelude and will be implemented in popular models like the Accord, Civic, and CR-V, with potential for sportier trims and future V-6 engines. This move highlights Honda's focus on enhancing the driving experience for American consumers, even as the industry shifts toward electric vehicles.