Company Car

Your Independent source of fleet news, reviews & interviews

Round-up: Revised Rio, Volvo valet service, PSA Group EV cover

Revised Rio gets Kia’s first petrol mild hybrid

Kia Rio 2020Kia has given its Rio supermini a mid-life revision, with minor styling changes and the company’s first petrol mild hybrid powertrain in the form of the 100hp or 120hp 1.0-litre Smartstream 48-Volt-equipped unit. The new engine matches the power output of the previous unit, but is between 8.1-10.7% more efficient.

As well as the subtle styling changes, Kia has also added a new infotainment system and the availability of driver assistance systems including Lane Follow Assist, Smart Cruise Control, Forward Collision-Avoidance Assist and Blind Spot Collision-Avoidance Assist.

Volvo launches new valet service following UK trial

Volvo has launched a new service offering what is described by the company as “a safe and contact-free option to have their car serviced or repaired” without having to leave home.

Volvo Valet appUtilising an app that allows drivers to track their vehicle in real time and remain up-to-date with the progress of work, Volvo Valet has been trialled in recent weeks in the UK in the wake of a successful introduction in America.

“Along with our market-leading online sales platform and contactless car delivery service, this is another example of how we are adapting quickly to make our customers’ lives safer and easier,” said Volvo Cars UK managing director Kristian Elvefors.


Used car values set for ‘volatile period’

The used car value marketplace is set for a “volatile period”, according to Cap HPI. The valuations expert called on vendors to “hold their nerve and not rush to liquidate stock as lockdown ends”.

“For stability in the market, it will be down to vendors at every stage of the remarketing journey holding their nerve, as the majority of car dealers have done on price thus far,” said Cap HPI’s head of valuations Derren Martin. “If rental, fleet, leasing and finance houses choose to liquidate stock, there may well be an over-supply situation in a few weeks, especially as many franchised dealers will not be in the market to buy in volume for a number of weeks, as they clear the decks of March part-exchanges and come under pressure from manufacturers to take late-plate or unregistered cars.”


Volvo adds PHEV to XC40 range


Kia adds two new PHEVs to line-up