If there were any doubts about the 2010 Genesis coupe being the new leader in performance value, Hyundai is erasing those with the introduction of the R-Spec trim.
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The Automobile Journalists Association of Canada announced their Canadian Car of the Year and Canadian Utility Vehicle of the Year this morning at the Toronto Auto Show. The Hyundai Genesis luxury sedan beat out the Mazda6 and Toyota Corolla, while the Ford Flex captured the award away from the Mercedes-Benz M-Class and Subaru Forester.
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A new upscale luxury coupe will arrive in Hyundai showrooms later this year, and it's called the Genesis Coupe. Although it shares no body panels with the Genesis sedan, the coupe shares its rear-wheel drive layout. Power will come from a choice of two engines. The base Genesis Coupe will get a turbo 2.0-litre inline-4 that produces 223 horsepower and 217 lb-ft, while uplevel models get a 24-valve, 3.8-litre V6 that belts out 310 horses and 263 lb-ft.
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Hyundai is to unveil a new concept car at this year's Geneva motor show that previews a redesign of its Tucson small SUV and the similar Sportage model sold by affiliate Kia.
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Compact SUV concept set to debut in Geneva - previews next generation of off-roaders.
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Hyundai will unveil a concept for a new medium SUV at the Geneva auto show next month. Codenamed HED-6, the concept will preview Hyundai's IX-35 model, which will launch at the end of the year.
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A premium full-size sedan... from Korea? Most consumers will tell you there's something wrong with that sentence. Anyway, Kia launched the Amanti in 2003 and, since then, the company manages to attract hundreds of Canadian buyers who would have otherwise purchased a Buick Lucerne, Ford Taurus, Toyota Avalon, Chrysler 300 or even a Hyundai Azera.
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Strong sales of the Sonata sedan and Santa Fe crossover helped Hyundai stand with only two other brands in recording higher U.S. sales in January compared with January 2008. The other two gainers were Hyundai's sister brand, Kia, and Subaru.
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Hyundai Motor is increasing production of its recently launched compact car, the i20.
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Hyundai-Kia saw record sales in China in January, the firm has said.
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Hyundai Motor parts unit Hyundai Mobis more than doubled fourth quarter net profit compared to a year previously.
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Hyundai aims to pull out of its sales slump with a first-quarter marketing assault that makes use of several glitzy TV extravaganzas.
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For the first time in eight years, the Detroit 3 will sit on the sidelines rather than advertise during the Super Bowl telecast. Three import brands -- Hyundai, Audi and Toyota -- are buying ad time during Sunday's NFL championship game. So is Cars.
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Hyundai Motor is offering new customer incentives in Spain's depressed car market.
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Hyundai-Kia Automotive Group is the latest automaker to slash executive pay and expenses to weather the global industry meltdown. The South Korean automaker is cutting executive salaries by 10 percent, said Hyundai spokesman Oles Gadacz.
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Hyundai Motor has released details of its full year performance noting that, boosted by exchange rate gains and a more favourable product mix, it had reported a rise in 2008 sales. However, profitability fell as marketing and brand costs ate into margins.
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Hyundai has delayed the opening of its new Russian factory by a year after new-car sales slumped in the country. The Korean carmaker's plant in St Petersburg will now start producing cars from 2011 rather than 2010.
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Since Roseville Hyundai opened three years ago in metropolitan Sacramento, it has been the top-selling Hyundai dealership in California and one of the top 20 in the nation.
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