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Kia CUB revealed: Seoul Motor Show 2013

The Kia CUB Concept has been revealed at the 2013 Seoul Motor Show as a four door coupe powered by Kia’s 1.6 litre Turbo. Still, the CUB is a concept so a little bending of reality is the norm, and the CUB seems a perfectly sensible concept for Kia to be delivering,  tapping as it does in to car buyers’ penchant for funky urban crossovers. Although we’re not entirely sure there’s a country mile in intent between the CUB and the Kia Provo we saw at Geneva.

Ford to slash price of Focus Electric by $4,000 for 2014

Ford will be reducing the price of its Ford Focus electric by $4,000 for the 2014 model year, InsideEVs.com is reporting. The 10 percent price cut will lower the starting MSRP from $39,995 (including a $795 destination charge) down to $35,995. This move by Ford is seen as an attempt to keep the electric car competitive since its release back in 2011.

BMW leads Audi, Mercedes-Benz in June global luxury-sales race

BMW AG's core brand topped rivals Audi and Mercedes-Benz, selling 134,432 cars worldwide in June, a rise of 12.3 percent over 2010 figures, the company said today. Mercedes sold a record 120,510 units in June, a rise of 6.4 percent, topping Audi, which saw June sales grew 19 percent to 117,650 cars last month. BMW brand's global deliveries, boosted by sales of the new 5-series sedan and X3 SUV, rose 17.8 percent to 689,861 units in the first six months of the year, ahead of Audi's 17.7 percent rise to 652,950 cars.