Archive for the ‘Hyundai’ Category

Hyundai to recall Sonata sedan in US and SKorea

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

South Korea carmakers seek expanded US market

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

Hyundai Motor posts record quarterly net profit

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 with...
June 3rd, 2008 | Hyundai | Read More

Hyundai says it will mass produce hybrid in 2009

Hyundai Motor said Sunday it would begin mass producing hybrid cars next year amid growing demand for fuel-efficient and environmentally friendly vehicles. The first mass produced model will be a compact sedan, known as "Avante", the company said in a statement. The hybrid models will then...
March 23rd, 2008 | Hyundai | Read More

Hyundai Announces Company's First Super Bowl Advertising Effort

Hyundai Motor America announced plans to advertise during the nation's largest sporting event, the National Football League's Super Bowl. Hyundai's purchase of two 30-second spots during the third and fourth quarters marks the company's first Super Bowl advertising effort...
February 2nd, 2008 | Hyundai | Read More

Hyundai Unveils Genesis Premium Sports Sedan

  Hyundai aims to shatter premium automobile paradigms with the North American International Auto Show introduction of its new flagship, the all-new Genesis sports sedan on January 13. With capabilities and features comparable to $60,000 premium sedans, Genesis will be offered at a starting...
January 8th, 2008 | Hyundai | Read More

Hyundai Records Ninth Consecutive Sales Increase

Hyundai Motor America today announced its best-ever December with sales of 46,487 units and best ever annual sales of 467,009 for 2007. This marked the ninth year in a row of rising sales.   “We feel good closing the year with increased sales and market share over year-ago figures,”...
January 4th, 2008 | Hyundai | Read More

Hyundai Launches Scholars Pediatric Cancer Fellowship Program

Hyundai Motor America and its dealers announced the launch of the Hyundai Scholars Pediatric Cancer Fellowship Program at Children's Hospital of Orange County (CHOC) and presented a $150,000 check to the CHOC Cancer Institute. The Hyundai Scholars Fellowship Program will fund research...
December 18th, 2007 | Hyundai | Read More