Kia: another Korean competitor takes aim at U.S. market.With scouts from his South Korean parent company Hyundai-Kia scouring scouring characterized by scour. scouring disease a colloquial name for secondary nutritional copper deficiency. the southern United States The Southern United States—commonly referred to as the American South, Dixie, or simply the South—constitutes a large distinctive region in the southeastern and south-central United States. seeking for space to plant its manufacturing roots, Kia North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Peter Butterfield has become a celebrity of sorts. His cell phone rings with calls from politicos, including Mississippi Governor Haley Barbour Haley Reeves Barbour (born October 22, 1947) is the current Republican governor of Mississippi. He gained a national spotlight in August 2005 after Mississippi was hit by Hurricane Katrina. Since then he has been mentioned as a possible 2008 vice presidential candidate. , who drops less-than-subtle reminders that their locale would be a perfect fit for Kia's first U.S. plant. The calls are just the beginning of what should pan out to be a busy few years for the former Ford Motor Co. marketing executive, who is leading one of the few growing auto brands in the country. [ILLUSTRATION OMITTED] Butterfield and his team have an aggressive plan in place to move Kia sales from their current pace of less than 300,000 units, to more than 600,000 by 2010. The brand will double the number of models to 12 within the same timeframe. All of this while domestic manufacturers, most notably Ford and G.M., announce plans to shutter plants and talk of reducing product offerings to provide improved product differentiation Product Differentiation A source of competitive advantage that depends on producing some item that is regarded to have unique and valuable characteristics. . Kia insiders say the automaker's future products include a body-on-frame pickup truck to compete against the Dodge Dakota The Dakota is a mid-size pickup truck from the Chrysler Corporation's Dodge brand. It was introduced in 1987 alongside the redesigned Dodge Ram 50. The Dakota was nominated for the North American Truck of the Year award for 2000. , Toyota Tacoma The Toyota Tacoma is a compact pickup truck manufactured by the Toyota Motor Company since 1995. It is essentially the Toyota Hilux modified and rebadged for North America. The second-generation Tacoma was Motor Trend Magazine's Truck of the Year for 2005. and Nissan Frontier The Nissan Frontier, which is also known as the Navara in other parts of the world such as Australia, is a model of pickup truck assembled by Nissan and sold under the Nissan brand. Nissan was the pioneer of the compact pickup truck market in 1959, joined in the 1960s by Toyota. . Larger SUVs also are in the plans, while freshenings of current products, including the Sedona minivan and Santa Fe SUV, are moving along at a rapid pace. The new '06 Rio/Rio5* just hit the market on the heels of the redesigned Spectra, which itself is reaping rewards thanks to its dramatic redesign. Sources also hint that Hyundai may transfer its Tiburon coupe over to Kia, as the brand shifts its focus to a more sporty, youthful buyer. Hyundai plans to build its volumes via more mainstream transportation. Butterfield and his team know they have a lot of work ahead to make U.S. consumers flock to Kia for their next car or truck, but the brand is making progress in gaining consumer awareness. A bold new marketing program will undoubtedly help when it comes to this issue. G.M., Ford and Chrysler beware (as well as Mitsubishi and Mazda), Kia has you in their sights. While that may not send Wagoner, LaSorda and Ford shaking in their boots just yet, they better pay close attention. Having a reputation to make changes quickly to adapt to consumer demands, Kia is ready to pounce. The big dogs better start peaking out of the dog houses to get a look before yet another player passes them by.--KMK *To read our impressions of the '06 Rio/Rio5, check out the review on our website's "Driven" section: http://www.autofieldguide.com/dp/auta/driven.cfm. Briefly, this car is one that is competitive with the likes of products from Volkswagen and Mazda--especially in terms of the driver-orientation of the interior and the overall craftsmanship and fit and finish. Seems like Kia designers and engineers spent time anticipating what the Rio would be up against in the market as regards to new product rather than benchmarking the old, as some domestic manufacturers seem to do. |
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