Archive for the ‘Hyundai’ Category

Hyundai Pushing for 50 mpg by year 2025

According to various sources within Hyundai, it is shooting for the 50mpg barrier by year 2025. Today 50mpg is considered a safe range for clean diesels so Hyundai's goal shows how it keeps challenging itself. Apparently, with rising sales in US, Hyundai has the cash to invest in R&D now and that...

August 5th, 2010 | Hyundai | Read More

Hyundai Posts 19 Percent Sales Increase in July

Hyundai Motor America today announced sales of 54,106 vehicles in July, a 19 percent increase compared with the same period a year ago. This represents an all-time sales record for the month of July and marks only the fourth time Hyundai has surpassed 50,000 units in a month. The all-new Sonata produced...

August 3rd, 2010 | Auto Sales, Hyundai | Read More

Hyundai Releases Details on the New Equus

Hyundai revealed additional engineering and feature information for the all-new 2011 Equus today. The Equus will be offered in just two configurations, Equus Signature and Equus Ultimate, both lavishly contented. Equus Signature features the award-winning 385-horsepower Tau® V8 engine, a 608-watt Lexicon®...

July 26th, 2010 | Hyundai | Read More

Hyundai Equus to Include Free iPad

At the New York Auto Show this week, automaker Hyundai did the expected by announcing its 2011 models. But Hyundai surprised everyone by announcing it's 2011 Equus sedan will come with a free Apple iPad that will serve as the car's owners manual. "The plan is to have a complimentary iPad with each...

April 2nd, 2010 | Hyundai | Read More

Hyundai chairman’s son gets seat on the board

The only son of Hyundai Motor chairman Chung Mong-Koo was Friday appointed to the board of South Korea's top carmaker, fuelling speculation he is being groomed to succeed his 71-year-old father. Shareholders at their annual meeting approved the appointment of Chung Eui-Sun, 39, a company spokesman said. The...

March 12th, 2010 | Hyundai | Read More

Hyundai to recall Sonata sedan in US and SKorea

SEOUL: South Korea's top automaker Hyundai Motor said Wednesday it would recall its flagship Sonata sedan in the United States and the domestic market due to a door lock problem. The firm said in a statement that 1,300 Sonata sedans already sold in the United States and another 46,000 cars in South...

February 24th, 2010 | Hyundai, Recall News | Read More

South Korea carmakers seek expanded US market

After making solid gains in 2009, South Korean automakers Hyundai and Kia are predicting more gains in market share in 2010 as they roll out more new vehicles. John Krafcik, Hyundai Motor America's acting president and chief executive, said Thursday he expects car sales in the United States to grow...

December 3rd, 2009 | Hyundai, KIA | Read More

Hyundai Motor posts record quarterly net profit

South Korea's largest automaker Hyundai Motor Thursday reported its highest-ever quarterly net profit despite the global economic downturn. Hyundai said net profit in April-June was 811.8 billion won (648.4 million dollars), a 48 percent rise on 546.9 billion won for the same period in 2008. Operating...

July 23rd, 2009 | Hyundai | Read More

Hyundai Motor, union reach deal to end strikes

South Korea's largest automaker Hyundai Motor has reached a deal with its union to end a protracted dispute which has cost more than 600 million dollars in lost production, according to the company. Some 95 percent of the 45,000 union members voted on the deal covering working conditions and wages...

September 26th, 2008 | Hyundai | Read More

Hyundai Veracruz Wins 2008 AutoPacific Vehicle Satisfaction Award

The 2008 Hyundai Veracruz ranked above the competition in the Large Crossover Sport Utility Vehicle category in AutoPacific's 2008 Vehicle Satisfaction Awards (VSA). AutoPacific's VSA, based on owner survey results, is an industry benchmark for objectively measuring how satisfied owners are...

June 3rd, 2008 | Hyundai | Read More