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Kia Motors stated on Thursday that it prepares to launch a small sport utility vehicle in South Korea in 2017, in a bid to go into the booming sector.
Kia, an affiliate of Hyundai Motor, informed in an earnings presentation that the model is going to be a “crossover utility vehicle (CUV)” formed on its Pride (Rio) sedan, without explaining further.
Kia Motors presently sells a small SUV called Niro, however it is a gasoline-electric hybrid model.
Kia Motors also informed is also preparing to introduce a small SUV in Europe this year, although didn’t discussed further.
