Plug-in hybrid concept uses similar technology to Chevy Volt
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Hyundai Motor sales in Russia plunged 54% year on year to about 7,700 cars last month. Its January sales had fallen 48% to 6,567 units, local media reports said.
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AutoNation Inc. rolled out a new incentive program today that covers up to six months of car payments on new or used vehicles for consumers who lose their jobs.
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Hyundai Motor is considering producing affiliate Kia's vehicles at the assembly plant currently being built in St. Petersburg, Hyundai Motor CIS' general director Karry Cho said.
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Hyundai Motor CIS still targets sales of about about 137,000 cars in Russia this year, managing director Denis Petrunin has said.
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Back when the SUV was bought primarily for its four wheel drive, actually having four wheel drive was considerably more important. If you didn't need it, there was always the minivan. Now, things are slightly more complicated. People now buy SUV's to satisfy a far broader set of needs. Be it an eco-warrior, a sports car or a street-smart status symbol, in many regards, four wheel drive just isn't as relevant here anymore.
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Back when the SUV was bought primarily for its four wheel drive, actually having four wheel drive was considerably more important. If you didn't need it, there was always the minivan. Now, things are slightly more complicated. People now buy SUV's to satisfy a far broader set of needs. Be it an eco-warrior, a sports car or a street-smart status symbol, in many regards, four wheel drive just isn't as relevant here anymore.
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The downward spiral carries on in February for most automakers, as total Canadian light vehicles sales are down by 27.7% compared to the same period in 2008. Only 8 out of 26 brands saw their sales numbers go up.
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General Motors has hinted it may copy an incentive programme launched by Hyundai Motor America that allows buyers to return their new vehicles if they suddenly lose their income but is not keen on taking vehicles back itself.
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Hyundai expects to boost its European market share this year as its product line-up reflects demand for cheaper and smaller cars in a cost and fuel-conscious market, a top executive said.
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To take advantage of the fast-growing hatchback segment in Europe, Hyundai is adding a three-door i20 to its product portfolio.
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General Motors is studying a new marketing or incentive program to address slumping consumer confidence. But the automaker's top sales executive says GM won't copy Hyundai's Assurance program.
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Hyundai expects to boost its European market share this year as its product line-up reflects demand for cheaper and smaller cars in a cost and fuel-conscious market, a top executive said.
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Hyundai Motor's UK sales chief has picked the middle ground from a 200,000-unit variation in forecasts for this year and ruled out US- or Kia-style incentives to win business.
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Hyundai started production of the i30 station wagon at its plant in Nosovice, Czech Republic this week, a month ahead of schedule.
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According to local media reports in South Korea, Samsung Group and Hyundai-Kia are going in opposite direction on corporate jets - a subject that is sparking heated debate as the country's companies strive to cut costs.
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In a world where gaps in product lines are filled as quickly as they open, Hyundai--yes, Hyundai--has found a new one. Let's call it the semi-affordable, pretty-good-looking, rear-wheel-drive performance-coupe segment.
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