Korean manufacturer aims to build micro cheap motor in 2010
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Small wagons are pretty much a dying breed these days. Since U.S. consumers loathe this type of vehicle, most automakers have chosen to ignore wagons and instead focus on more popular albeit more conservative four-door sedans. Hyundai is one of the rare few that saw an interesting opportunity, which is why they introduced the Elantra Touring.
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Fiat, Hyundai and Dacia had sales increases in April thanks largely to government subsidies that reward people who buy inexpensive subcompact and compact cars. "Because of scrappage schemes, many people are rushing to buy affordable cars.
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Fiat, Hyundai and Dacia had sales increases in April thanks largely to government subsidies that reward people who buy inexpensive subcompact and compact cars. "Because of scrappage schemes, many people are rushing to buy affordable cars.
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Fiat, Hyundai and Dacia had sales increases in April thanks largely to government subsidies that reward people who buy inexpensive subcompact and compact cars. "Because of scrappage schemes, many people are rushing to buy affordable cars.
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Hyundai Mobis is in talks with BMW and Volkswagen which could result in the first supply deal between a South Korean company and German carmakers.
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Hyundai affiliate Kia Motors expects 2009 sales to match 2008's volume as demand grows for smaller cars, its president said on Tuesday.
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This is outstanding news for Korean automaker Hyundai, one that comes hot on the heels of record-breaking sales in the past few months.
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The strike by some employees of Hyundai India ended late last week following reconciliation talks between employee representatives and management, according to Indian media reports.
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Hyundai ranks highest among auto manufacturer Web
sites in satisfying Canadian new-vehicle shoppers, improving dramatically from
2008, according to the J.D. Power and Associates 2009 Canadian Manufacturer
Web Site Evaluation Study(SM) released today.
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Hyundai on Friday threatened to move production of its new i20 hatchback to Europe from India due to labour trouble, which would hinder the country's plan to become a global car export hub.
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Is latest TV a small-screen star?
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Hyundai UK says enquiries at the company's dealerships are up 400% following the government's scrappage incentive announcement last week.
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Hyundai Motor is after EUR250m (US$331.3m) to finance its new plant in Russia.
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Hyundai Motor Co., South Korea's top automaker, is seeking to borrow 250 million euros ($331.3 million) to finance a new plant in Russia, a company official said on Monday. "We visited some banks to discuss financing the Russsia plant.
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It has been a tough year for Huntsville, Ala., dealer Gary Linam. Since January, Linam has closed two Suzuki dealerships and one Hyundai dealership. He also surrendered new- and used-vehicle inventory to two finance companies.
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Hyundai Motor Co., one of the few automakers to boost U.S. sales in the first quarter, forecast further gains in U.S. market share as it reported a 43 percent drop in quarterly net profit.
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Hyundai Motor has posted a first quarter net profit down 43% to KRW225bn ($US167m) on sales down 23% to KRW6 trillion.
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