Cooper Standard Automotive has acquired USi from Ikuyo of Japan, effective immediately. USi, based in Rockford, Tennessee, provides an exclusive hard coating process for use in automotive and industrial applications, including bright trim assemblies on vehicles produced by a number of global automakers, including Ford, General Motors, Honda, Hyundai, Nissan Motor and Toyota. Terms of the sale were not disclosed.
Labour problems have hit Hyundai's Ulsan factory in South Korea, slowing production and hitting domestic and export vehicle shipments.
Last year, South Korean automakers Hyundai and Kia, represented locally by two Brazilian groups (CAOA and Gandini, respectively) imported 138,000 vehicles, second in Latin America only to Argentina, which has an auto industry well integrated with Brazil's, and twice Mexico's volume.
Hyundai Motor has launched its midsized Mighty truck in Brazil, using its established importer and assembler to tap into South America's largest commercial vehicle market.
Affordable, attractive, 40-mpg cars have been rolling into showrooms, and more are on the way. The key word is "affordable," with prices ranging from just above $15,000 to slightly less than $20,000 for a 2011 Ford, Chevy, Hyundai or Smart.
Affordable, attractive, 40-mpg cars have been rolling into showrooms, and more are on the way. The key word is "affordable," with prices ranging from just above $15,000 to slightly less than $20,000 for a 2011 Ford, Chevy, Hyundai or Smart.
GM Inside News revealed an image today of a vehicle that, they say, is a Kia version of the Hyundai Genesis Coupe. It's reportedly set to be unveiled in the very near future, and for the moment, only the grille would be replaced by the one now adorning every new product of the Korean automaker.
Fallout from the Japan earthquake is hitting neighboring South Korea, leading General Motors and other carmakers to reassess production schedules amid supply worries.
Both Hyundai and Kia gained on their rivals in China last month with Hyundai taking the No 3 sales slot for the first time, behind Shanghai-Volkswagen and Shanghai-GM while Kia was the ninth best-selling brand.
These are Hyundai's glory days in the United States, with sales far outpacing the industry as a whole since 2008. But in at least one crucial category -- dealer profitability -- the Hyundai franchise still lags behind its competitors.
Hyundai Motor Co. recalled more than 190,000 Elantra sedans in the United States and Puerto Rico due to a defect that could allow the passenger side airbag to malfunction.
Lee Hyun-soon, the veteran vice chairman of randd at Hyundai who developed the automaker's first in-house engine, has resigned from the company for personal reasons.
Lee Hyun-soon, the veteran vice chairman of randd at Hyundai who developed the automaker's first in-house engine, has resigned from the company for personal reasons.
EXECUTIVE EDITOR--AUTOWEEK.COM BOB GRITZINGER: This is a fine large luxury sedan, sadly saddled with a meat-of-the-market moniker.
Products of a rare elegance have been emerging from Hyundai's design studio over the past few months. One of them is the Elantra, a small sedan that builds on the successfully-styled Sonata... or is it the new Accent? Hum, tough to tell.
Delivery to dealerships of most of Hyundai's initial Sonata Hybrids has been delayed until at least late March because the brand is altering the carand#8217;s device that emits an artificial engine noise at low speeds.
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