Close Menu
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

What's Hot

Chinese PCB underneath Nvidia AI chip raises security concerns in US

June 3, 2026

Rhode Island senator weighs in on Taylor Swift and Travis Kelce’s wedding

June 3, 2026

Sellers are delisting homes at the fastest pace since 2020

June 3, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
  • Home
  • AI
  • Entertainment
  • Finance
  • Sports
  • Tech
  • USA
  • World
  • Latest News
BWE News – USA, World, Tech, AI, Finance, Sports & Entertainment Updates
Home » Kia Motors plans to launch pickup truck in the US by 2030
Finance

Kia Motors plans to launch pickup truck in the US by 2030

adminBy adminApril 10, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email


Kia Motors plans to launch a pickup truck for U.S. consumers in the next few years as the South Korean automaker seeks continued growth domestically and globally.

The company announced Thursday that it will add pickup trucks, including a hybrid version, by 2030, in a major expansion of the brand into the lucrative U.S. market. At least one hybrid model will be produced in the United States, according to Kia’s CEO investor presentation.

car manufacturers in detroit general motors, ford motor and Chrysler’s parent company Stellantis Full-size pickup trucks account for the majority of sales in the U.S., but Kia Motors is reportedly planning to make its pickup trucks into small, medium-sized models.

That would put the car up against industry-leading Toyota Tacoma, as well as rivals such as the Ford Ranger, GM’s Chevrolet Colorado and GMC Canyon.

“The U.S. pickup market accounts for approximately 20% of total demand and represents an important strategic segment. Considering its strategic importance, Kia Motors is launching a new body-on-frame pickup model to expand its customer base,” Kia Motors CEO Ho Sung Sung said in a presentation.

According to Automotive News, Kia expects to sell 90,000 pickups a year in North America and account for 7% of midsize pickups by 2034.

Kia Motors entered the global pickup truck market last year with a vehicle called the Tasman. It was not immediately clear whether the company would use that name or parts for its planned “U.S.-spec” pickup truck, or how much the U.S.-bound vehicle would cost.

Kia Motors did not immediately respond to a request for comment about its sales goals and whether all variants of its planned pickup trucks will be produced in the United States.

The company’s pickup truck plans were announced at the company’s 2026 CEO Investor Day, where it said it expects annual U.S. sales to increase to 1.02 million units and reach 6.2% of the market by 2030. By comparison, last year it sold more than 850,000 units, with a market share of about 5%.

Kia Motors CEO Heo Sung Sung at Kia Motors CEO Investor Day held in South Korea on April 9, 2026.

Provided by: Kia

The United States is key to Kia Motors’ global growth. According to the company, global sales jumped from less than 2.8 million units in 2021 to 3.14 million units last year. Kia Motors is the world’s eighth largest automaker on its own, but together with its parent company Hyundai Motors it ranks third.

Kia Motors announced on Thursday that it aims for global sales of 4.13 million vehicles and a market share of 4.5% by 2030. This exceeds the forecast for this year’s global sales of 3.35 million units and market share of 3.8%.

The company also announced plans to continue launching new fully electric vehicles as well as make a significant push into hybrid and electric long-range vehicles (EREVs), including a pickup truck planned for the United States.

Never miss the most trusted news moments in business news when you choose CNBC as your preferred source on Google.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleAfter the Iran War, what’s next for technology?
Next Article Stalking victim sues OpenAI, claiming ChatGPT fueled her abuser’s delusions and ignored warnings
admin
  • Website

Related Posts

Sellers are delisting homes at the fastest pace since 2020

June 3, 2026

Leveraged ETF assets double in two months as investors bet on AI

June 3, 2026

Traders expect Bitcoin to hit new lows after recent selloff

June 3, 2026

Human resources department reduced by almost a quarter

June 3, 2026
Leave A Reply Cancel Reply

Our Picks

Newly freed hostages face long road to recovery after two years in captivity

October 15, 2025

Former Kenyan Prime Minister Raila Odinga dies at 80

October 15, 2025

New NATO member offers to buy more US weapons to Ukraine as Western aid dwindles

October 15, 2025

Russia expands drone targeting on Ukraine’s rail network

October 15, 2025
Don't Miss
Entertainment

Rhode Island senator weighs in on Taylor Swift and Travis Kelce’s wedding

By adminJune 3, 20260

Family is everything to Taylor and Travis, so VIP automatically includes their respective parents and…

Jessica Simpson shares lessons she learned about pain during her sobriety journey

June 3, 2026

Who is Zac Georgiou from Love Island? Charlie Georgiou’s brother in season 8

June 3, 2026

David Harbor believes 11 people died in ‘Stranger Things’ finale

June 3, 2026
About Us
About Us

Welcome to BWE News – your trusted source for timely, reliable, and insightful news from around the globe.

At BWE News, we believe in keeping our readers informed with facts that matter. Our mission is to deliver clear, unbiased, and up-to-date news so you can stay ahead in an ever-changing world.

Our Picks

Chinese spies use online recruitment platforms to recruit talent, Five Eyes coalition warns

June 3, 2026

Death of handcuffed student sparks uproar in Britain, far-right accused of stoking tensions

June 3, 2026

Cuban doctors are the country’s biggest exporter of soft power. Several countries in Latin America have severed diplomatic relations.

June 3, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 bwenews. Designed by bwenews.

Type above and press Enter to search. Press Esc to cancel.