Sharp Lx Certified~automatic~new Tires~white/tan~cd~32 Mpg's~warranty~11 12 13 on 2040-cars
Fort Myers, Florida, United States
Body Type:Sedan
Vehicle Title:Clear
Engine:1.6 liter
Fuel Type:Gasoline
For Sale By:Dealer
Make: Kia
Model: Rio
Warranty: Vehicle has an existing warranty
Trim: Base Sedan 4-Door
Options: CD Player
Drive Type: 2WD
Safety Features: Driver Airbag, Passenger Airbag
Mileage: 50,654
Power Options: Air Conditioning
Sub Model: FL RUST FREE
Exterior Color: White
Interior Color: Tan
Disability Equipped: No
Number of Cylinders: 4
Kia Rio for Sale
- 2004 kia rio, no reserve
- 2009 kia 5sx 56,000 miles perfect(US $7,300.00)
- 5 speed power brakes 4 cylinder power steering
- Priced right! sporty and economical!(US $5,995.00)
- 2009 kia rio 5 hatchback lx fla driven 5 pass only 35k mi. a/c! automatic 4-door(US $9,800.00)
- 2006 kia rio5 sx hatchback 4-door 1.6l
Auto Services in Florida
Z Tech ★★★★★
Vu Auto Body ★★★★★
Vertex Automotive ★★★★★
Velocity Factor ★★★★★
USA Automotive ★★★★★
Tropic Tint 3M Window Tinting ★★★★★
Auto blog
Insider trading ahead of Hyundai-Kia MPG debacle suspected
Fri, 21 Dec 2012Reuters is reporting that large-scale insider trading may be at the heart of some particularly fishy stock-selling behavior, just prior to the original announcement about the Hyundai-Kia fuel economy ratings debacle.
On November 1st, Hyundai-Kia shares traded roughly 2.2 million times (the single highest-volume day of the year), and the stock price fell by about four percent. For reference, a standard daily trading volume for the stock in 2012 saw about 600k shares trading hands. On November 2nd, the company made public the bad news about the dropping fuel economy ratings for many of its models. In other words: No one outside of the company (and only a smallish group inside the company, we'd imagine) should have known anything about the impending bad news as of the first day of November. After the announcement, the stock price tanked, as you'd expect, and trading volume was way down as well.
Experts seem fully aware that the whole thing reeks of leaked information and subsequent insider trading. If chicanery on this sort of scale seems wacky to you, you'd be inline with the experts who report to Reuters that the level of trading is absolutely suspicious.
Hyundai closes the books on fuel economy litigation
Wed, 25 Dec 2013Hyundai-Kia ended up with a lot of kimchi on its face in 2012 when it admitted it had mistakenly exaggerated fuel economy estimates on several 2012 and 2013 model-year offerings like the Hyundai Accent, Veloster and Elantra and Kia Soul. Before the admission a lawsuit had been filed by an entity called Consumer Watchdog, afterward there were "approximately 53" lawsuits filed in federal court that were eventually consolidated into one case in a California Central District court.
The companies apologized profusely and gave customers prepaid gas cards that they could refill with funds for as long as they own their vehicle, as well as perks like free car washes and routine maintenance services. The company has just announced that it has reached a preliminary settlement of the case by adding another method of reimbursement, a lump sum payment that would free drivers from having to go back to the dealership to have their mileage verified for debit card refills.
Assuming the preliminary agreement is approved by the judge, customers could choose the lump sum or the cards. The settlement's value could be as much as $210 million, but the exact number depends on which program plaintiffs choose. On average, affected customers will receive $353. Approval could come in "early 2014," after which Hyundai will notify customers. You'll find more particulars on the potential settlement in the press release below.
Feds investigating Kia Sorento over shattered sunroofs
Sun, 27 Oct 2013The National Highway Traffic Safety Administration has opened an investigation into 64,000 Kia Sorento crossovers due to complaints from owners that the sunroof can shatter unexpectedly. This probe affects Sorento models from the 2011, 2012 and 2013 model years.
According to The Detroit News, NHTSA has received 15 complaints from Sorento owners citing sunroofs that shattered, 13 of which reportedly happened while the vehicle was in motion. No crashes have been reported from this problem, but one complaint did cite minor injuries - cuts from the shattered glass.
The automaker told The Detroit News that it "has been evaluating the performance of its panoramic sunroof as part of ongoing vehicle monitoring activities conducted as a standard practice on all Kia models." Kia's corporate cousin, Hyundai, recently had similar sunroof problems with its Veloster hatchback.