Official: 2014 Kia Soul priced from $14,700*

Filed under: Car Buying, Budget, Crossover, Kia

2014 Kia Soul

Kia has announced pricing on the refreshed 2014 Soul. At $14,700 (*plus a destination charge of $795), the new funky crossover undercuts its two primary competitors, the Scion xB and Nissan Cube, by $2,850 and $2,060, respectively. That base model includes 16-inch alloys, cruise control, wheel-mounted audio controls and a 1.6-liter, four-cylinder engine with 130 horsepower and 118 pound-feet of torque.

The mid-range model, the Soul Plus, demands $18,200 and adds a spate of exterior items, like 17-inch wheels and chrome trim, to class up the Soul’s look, not to mention a 164-horsepower, 2.0-liter, four-cylinder engine. Plus customers also have access to a number of option packages, including a $400 pack that adds Kia’s UVO infotainment system and a backup camera. A $1,400 Audio Package adds navigation, an eight-inch display, an Infinity stereo and automatic temperature controls. A $3,000 Primo Package adds a few notable luxury items, like a panoramic sunroof, heated leather seats, and push-button start. Finally, a $400 Eco Package adds stop-start technology and replaces the 17-inch wheels with 16s shod in low-rolling-resistance tires.

The top-of-the-line Soul Exclaim starts at $20,300 and comes with LED running lights, LED taillights, 18-inch wheels and the Plus’s UVO Package as standard. Buyers can opt for The Whole Shebang, a $2,500 option pack that apes the Primo Package from the Plus. Weirdly, the Audio Package from the Soul Plus is an extra $1,200 on the Exclaim, and has been rebranded the Sun and Sand Package. Feel free to peruse the press release below for more.

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2014 Kia Soul priced from $14,700* originally appeared on Autoblog on Wed, 28 Aug 2013 14:29:00 EST. Please see our terms for use of feeds.

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Report: GM to get $14 billion domestic tax break

Filed under: Government/Legal, GM

General Motors Tax BreakIt looks like General Motors will be able to skip out on around $14 billion worth of taxes domestically and another $19 billion in taxes overseas thanks to a deal with the U.S. government. According to Edmunds, 2010 will mark the first year since 2004 that the company has operated in the black, and while most companies are made to pay taxes on their revenue, GM will be able to skip its tax tab due to years of massive losses. Companies are typically forgiven a portion of future taxes due to their past losses, but that benefit is typically stripped after an organization goes through bankruptcy.

That’s not the case with GM, however. For reasons that aren’t entirely clear, The General has managed to hang on to its tax breaks despite shedding around $30 billion in debt during bankruptcy proceedings. According to CNN Money, both GM and the Treasury Department deny that the automaker has received any special deal, though Edmunds reports that GM may have gotten the break to help reduce the perceived cost of the auto industry bailout.

[Sources: Edmunds, CNN Money]

Report: GM to get $14 billion domestic tax break originally appeared on Autoblog on Wed, 23 Feb 2011 18:30:00 EST. Please see our terms for use of feeds.

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LA 2010: 2011 Hyundai Elantra offers 40 mpg from $14,830*

Filed under: Car Buying, Sedan, Hyundai

2011 Hyundai Elantra

2011 Hyundai Elantra – Click above for high-res image gallery

The rakish new 2011 Hyundai Elantra hits dealerships in the coming months and will be priced from $14,830 (*excluding $720 for destination) for the base GLS model with a six-speed manual transmission. This represents a $645 price increase versus the 2010 Elantra, though the 2011 model is $1,445 cheaper than a base Chevrolet Cruze and $1,440 less than a base 2012 Ford Focus – the Hyundai’s two main competitors.

All Elantras come equipped with a new 1.8-liter four-cylinder engine from Hyundai producing 148 horsepower and 131 pound-feet of torque, and the six-speed row-it-yourself gearbox is only available on the bottom-end GLS model – a new six-speed automatic is standard with all other GLS and Limited Elantras. What’s more, all Elantras are able to achieve 29/40 miles per gallon (city/highway).

Opting for the GLS Popular Equipment package adds things like 16-inch steel wheels, air conditioning, cruise control and a telescopic steering wheel, and the higher-end GLS Preferred pack adds alloy wheels and Bluetooth. The Elantra Limited starts at $19,980, and nets you standard equipment like heated leather seats (both front and rear), a leather-wrapped steering wheel and shift knob, foglamps and a sunroof. All Elantras are even available with an optional seven-inch navigation system, premium audio system and push-button start (for Limited models).

Full pricing and details are available in Hyundai’s press release, after the jump.

Gallery: LA 2010: 2011 Hyundai Elantra

Gallery: 2011 Hyundai Elantra

2011 Hyundai Elantra2011 Hyundai Elantra2011 Hyundai Elantra2011 Hyundai Elantra2011 Hyundai Elantra

Live photos copyright (C)2010 Drew Phillips / AOL
[Source: Hyundai]

Continue reading LA 2010: 2011 Hyundai Elantra offers 40 mpg from $14,830*

LA 2010: 2011 Hyundai Elantra offers 40 mpg from $14,830* originally appeared on Autoblog on Thu, 18 Nov 2010 12:55:00 EST. Please see our terms for use of feeds.

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