Hyundai needs more factory capacity in the U.S. and will announce plans to expand production within the next month or so, John Krafcik, CEO of Hyundai Motor America, said today.
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Hyundai's entire U.S. vehicle lineup will achieve an average of 50 mpg by 2025, Hyundai Motor America CEO John Krafcik pledged today. Speaking here at the Management Briefing Seminars, Krafcik said Hyundai's U.S.
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Kia's quarterly net profit rose 61 percent, beating estimates as the No. 2 automaker in South Korea enjoyed brisk sales of newly launched models. Kia, an affiliate of the country's top carmaker, Hyundai Motor Co., announced a 557.8 billion won ($470.
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Hyundai Motor Company sold 1,764,254 units of which domestic & exports were 855,140 units and overseas plants, 909,114 units, worldwide in the first half of this year, a 27% increase from a year earlier.
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Hyundai Motor Company sold 1,764,254 units of which domestic & exports were 855,140 units and overseas plants, 909,114 units, worldwide in the first half of this year, a 27% increase from a year earlier.
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Nissan Motor Co. and Hyundai Motor Co's forecast-beating quarterly profits may prove tough to match in the second half as robust sales in China and elsewhere start to slow. A patchy recovery in the U.S.
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Hyundai expects car demand in Europe to shrink in the second half as government incentives for new cars are phased out.
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The Korean automaker plans to market the Equus as a 'value alternative' to the Lexus LS, BMW 7 series, Mercedes-Benz S class and Audi A8 sedans. Many of those sedans are priced above $60,000.
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Wow, are things ever heating up in the small car category. Having driven the Toyota Yaris, Nissan Versa, Volkswagen Polo, Kia Rio, Hyundai Accent, Mazda2 as well as smart fortwo within the last two years and, most recently, the Ford Fiesta, I can tell you with certainty that if you plan to be in the market for a new subcompact vehicle in the next 12 to 18 months, you will have more to chew on than ever.
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Management and unions at Hyundai Motor in South Korea have agreed on a new wage deal without a strike for the second year running.
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SK Energy, South Korea's top crude oil refiner, will expand its local manufacturing capacity to supply rechargeable batteries for Hyundai's and Kia's future electric vehicles.
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NEWS EDITOR GREG MIGLIORE: Before I was even out of the gate at One AutoWeek Tower, the guard was drooling all over this Sonata, comparing it to a Mercedes-Benz.
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Kia Motors Corp. said on Wednesday its first-half output in Slovakia rose by more than 67 percent, driven mainly by a launch of the Kia Sportage and ix35 from sister brand Hyundai.
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Apollo Tyres' new Chennai 'greenfield' factory on Tuesday despatched its first OEM shipment of passenger cars to Hyundai Motor India's plant which is an 'export hub' for entry-level models such as the i10 and i20.
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Apollo Tyres' new Chennai 'greenfield' factory on Tuesday despatched its first OEM shipment of passenger cars to Hyundai Motor India's plant which is an 'export hub' for entry-level models such as the i10 and i20.
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A hybrid variant is the cost of entry in the mid-sized sedan segment these days. Hyundai is joining the fray with the next stage of hybrid technology, both in terms of battery power and in how the power is delivered to the wheels.
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