Hyundai Motor Co., buoyed by market-share gains during this year's sales crash, confirmed plans to launch its Equus luxury sedan in the United States in late 2010.
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The Korea Export Insurance Corporation (KEIC) reportedly plans to provide US$255m of loan guarantees to Hyundai for the construction of a car assembly plant in the St Petersburg area.
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South Korea's Hyundai-Kia Automotive Group, has overtaken Ford to become the fourth largest global automotive manufacturer, according to the latest figures from the Automotive News Data Centre.
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Hyundai is shaking things up at the annual Pebble Beach
Concours d'Elegance by announcing its intention to launch its most premium luxury sedan in the U.S. next
year.
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When the XG350 hit the road in 2001, it started a trend that Hyundai's carrying on to this day. Like the Azera and Genesis that came after it, the XG350 aimed to give shoppers a cut-price taste of the automotive high-life.
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Hyundai Motor America CEO John Krafcik is by all indications a brilliant car executive.
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Hyundai Motor America CEO John Krafcik is by all indications a brilliant car executive.
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NEW YORK, - Bumpers on 2009 models of the Honda Accord, Hyundai Sonata, Mazda 6, and Nissan Maxima performed better than their 2007 predecessors in low-speed crash tests conducted by the Insurance Institute for Highway Safety.
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Hyundai India is concerned at the possible effects on its exports to the continent if a free trade agreement (FTA) between the European Union and South Korea goes ahead.
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Hyundai Motor making a decision on a third factory in China, following a local internet report, citing an unnamed industry source, that said it was talking with Chinese companies about the plant.
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Just as Dennis Hyundai learns how to handle the surge of customers wanting to swap clunkers for new cars, showroom traffic has begun to slow down.
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Just as Dennis Hyundai learns how to handle the surge of customers wanting to swap clunkers for new cars, showroom traffic has begun to slow down.
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Hyundai Auto Canada Corp. continued its
record-breaking sales trend for 2009 by producing another tremendously strong
month of sales for July. With sales of 10,488 units, Hyundai recorded its best
July on record, surpassing July 2008 by over 37 per cent.
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Hyundai Motor saw sales jump 37% in July helping South Korean car companies to their first sales increase in nine months.
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Hyundai Motor saw sales jump 37% in July helping South Korean car companies to their first sales increase in nine months.
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Fifteen years later, the new Genesis Coupe with the turbo 2.0-litre engine also offers interesting performance at an affordable price. But an important distinction between it and its predecessor is that Hyundai builds much better cars now.
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Hyundai Motor Co. is likely to struggle to replicate its record quarterly profit as the benefits from a weaker won and government stimulus fade but the popularity of its small, cheap vehicles will help it gain share in a weak global market.
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Hyundai Motor Company has posted a record quarterly net profit up 48% year on year to 811.8bn won (US$648.4m dollars).
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