Auto News 5

Hyundai Motor has postponed the construction of its assembly plant in St Petersburg, according to media reports. Full story...

The votes have been counted, and the Automobile Journalists Association of Canada has just announced the top finalists in each of the four main categories for the 2009 Car of the Year awards. This year's Car Of The Year field has been narrowed down to the Hyundai Genesis, Mazda 6 and Toyota Corolla- a wide spread of contenders ranging from luxurious and powerful to sensible and miserly. Full story...

Hyundai Motor is reported to have put expansion plans in Brazil on hold, postponing the building of a US$600m assembly plant announced last September due to the global economic slump. Full story...

Profit at Hyundai Motor Co. slid 8.9 percent in the fourth quarter, despite help from favorable exchange rates that lifted revenue from exports. Operating income sank to 581 billion won ($524.8 million) in the three months ended Dec. 31, from $576. Full story...

Hyundai Motor and affiliate Kia Motors have posted sharply lower operating profits. Full story...

Victoria, British Columbia - Last year, Hyundai took advantage of the Montreal International Auto Show to unveil the all-new 2009 Elantra Touring, a more family-oriented variant of their popular compact. Full story...

Hyundai Motor managed to boost sales in emerging markets last year despite the global slowdown. Full story...

Hyundai says smart consumers are looking for real pricing advantages in today's economy, and that they're gearing up to offer shoppers just that with a new program called Hyundai Smart Advantage. The new pricing program will see the Korean automaker offer shoppers lower cash prices and lower finance and lease rates on 8 of its most popular vehicles. Full story...

Let's face it; the Tiburon virtually has no more compact sports coupe competitors, a segment that's on the artificial respirator. Coupes seemed to have moved upmarket, and Hyundai must rethink its strategy. Full story...

Let's face it; the Tiburon virtually has no more compact sports coupe competitors, a segment that's on the artificial respirator. Coupes seemed to have moved upmarket, and Hyundai must rethink its strategy. Full story...

Hyundai's 'walkaway' finance deal that allow customers to return cars if they lose their jobs in the first year is attracting strong interest, according to Edmunds. Full story...

Hyundai Motor has cut its worldwide production target for the first quarter of 2009 by 17% year on year and switched its US plant to a three-day week. Full story...

Hyundai Motor affiliate Kia Motors delivered welcome good news to the industry today, reporting growth in its full year 2008 global sales, driven in particular by China, which offset declines in some western markets. Full story...

Trying to join the environmentally-friendly bandwagon, Hyundai shared some details of their Blue Drive program at the Montreal show today. Full story...

Trying to join the environmentally-friendly bandwagon, Hyundai shared some details of their Blue Drive program at the Montreal show today. Full story...

Trying to join the environmentally-friendly bandwagon, Hyundai shared some details of their Blue Drive program at the Montreal show today. Full story...

General Motors' Chevrolet brand kept its No.1 spot among foreign brands in Russia in 2008 despite a growing challenge from Hyundai. Full story...

Talk about ambitious. Hyundai is picking a fight with the likes of Lexus, Mercedes and BMW with their new Genesis sedan. It's a cut-price flagship designed to offer customers the best of the premium sedan world for a lot less money. Full story...

After the Hyundai Genesis and Ford F150 were named the North American Car and Truck of the Year (NACOTY), it was time for the folks at the International Car of the Year (ICOTY) to have their say. Full story...

For the past 16 years, a group of North American jurors has convened yearly to vote on the North American Car of the Year and North American Truck of the Year. The panel of some 50 automotive journalists has selected the Ford Flex, Hyundai Genesis and Volkswagen Jetta TDI as finalists for the 2009 North American Car of the Year- while the truck of the year finalists included the Dodge Ram, Ford F-150 and Mercedes-Benz ML320 BlueTEC. Full story...