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Posts Tagged ‘hyundai news’

2019 Veloster: Hyundai Heats Up Its Hot Hatch

Quirky - and proud of it.

by on Jan.08, 2018

Hyundai's distinctive Veloster hatchback is getting a makeover for the 2019 model-year.

There’s something endearingly odd about the Hyundai Veloster.  The Korean carmaker’s hot hatch was a quirky visual standout when it made its debut seven years ago, and it gained momentum with a turbocharged performance post a few years later.

Now, Hyundai’s giving us a sneak peek at the second-generation Veloster ahead of its official debut at the North American International Auto Show later this month. And while it retains some of the quirky and endearing touches of the original – including the unusual asymmetric door layout – it gets a more aggressive look that Hyundai designers like to call a “city rally car.”

Hot Hatches!

Both the base and turbo models are back for 2019. And word has it we just might also see a true performance model, part of Hyundai’s new “N” line, that could deliver as much as 271 horsepower.


Hyundai Fuel Cell Concept Hitting CES Stage

No name for the FCEV concept, possible Tucson replacement?

by on Jan.04, 2018

Hyundai will reveal the name of this FCEV crossover next week at CES.

The stages are going to be crowded with automakers at next week’s CES show as Hyundai has added its name to the list of makers looking to make splash.

The South Korean maker plans show a new fuel cell electric vehicle in Las Vegas that utilizes the company’s new Advanced Driver Assistance System (ADAS) technologies. Not only will we learn more about the vehicle, we’ll actually learn its name as well.

Product News!

The new fuel cell EV is the newest edition to the Hyundai’s eco-vehicle portfolio and it will help to fulfill Hyundai’s vision to offer clean mobility to the world. (more…)

Hyundai, Kia See Pressure on Sales in 2018

South Korean automakers predicting tough sales year ahead.

by on Jan.02, 2018

Hyundai's efforts to expand into new market segments comes as sales growth is expected to get tougher.

Hyundai Motor and Kia Motors expect only limited growth in 2018 as global auto sales slow perceptibly during the new year, the company’s senior executives said in a “New Year’s Day” message to employees.

The South Korean auto giant, which ranks fifth by global sales, is targeting sales of 7.55 million vehicles. However, Hyundai-Kia is likely to have missed its sales target for the third consecutive year in 2017 as it sold 7.25 million units this past year, according to estimates by analysts.

Market Trends!

“Global auto demand growth is expected to stagnate this year, with demand seen shrinking in major markets like the U.S., China and Europe,” Yoon Yeo-chul, Hyundai’s vice chairman, said in a New Year’s speech to employees. (more…)

First Drive: 2018 Hyundai Elantra GT Sport

A worthy competitor in an increasingly crowded segment.

by on Dec.28, 2017

The new Hyundai Elantra GT Sport is ready to run with the others in the "hot hatch" segment.

As a challenger brand, Hyundai has never been shy about pushing into new segments so the fact the South Korean automaker elected to take one of the company’s most popular models and turn it into a “hot hatch” should not come as a big surprise.

The result of the effort is the Hyundai Elantra GT Sport, a nifty hatchback that I thought clearly lived up to the GT nomenclature that has been hung on the car.

Product News!

The fact is the 2018 Elantra GT Sport spices up the Hyundai’s strong and popular Elantra line. (more…)

Fiat Chrysler Eyes Alliance with Hyundai

Marchionne says no merger in the works.

by on Dec.04, 2017

FCA CEO Sergio Marchionne said an alliance or a partnership with Hyundai would make sense for FCA.

After seemingly laying off talking about potential deal, Fiat Chrysler Automobiles CEO Sergio Marchionne is at it again, talking up the possibility of a partnership with Hyundai on technical projects.

Marchionne, during an appearance in Milan over the weekend, was careful to rule out any kind of merger with Hyundai after a flurry of reports this summer that FCA as eager to find merger partners for its automotive business.

Global Auto News!

“We already buy components from (Hyundai) … let’s see if we can agree on other points, especially for the development of transmissions and hydrogen,” Marchionne told journalists, adding there was “nothing to announce for the moment.”  (more…)

Hyundai Ups its Game With New Kona Crossover

Little ute, big expectations.

by on Nov.29, 2017

Hyundai is looking to close a big gap in its product portfolio with the new Kona crossover.

Hyundai has a big gap in its small-car line-up, one it aims to fill with the debut of its new Kona crossover making its debut at the Los Angeles Auto Show.

One of eight new or substantially refreshed CUVs Hyundai plans to launch by 2020, the Kona fills a yawning gap below the current Tucson and Santa Fe models. And it finally lets Hyundai Kona take on competitors like the Jeep Renegade, Honda HR-V and the upcoming Ford EcoSport in what is expected to be one of the U.S. market’s fastest-growing segments over the next few years.

News Now!

“We’re confident it will set new standards for its segment, with appealing design, cutting-edge connectivity and class-leading available safety features,” said Mike O’Brien, vice president of Product, Corporate and Digital Planning for Hyundai Motor America. (more…)

Union Strike Could Short-Circuit Critical Launch of Hyundai Kona

Workers protest anticipated job cuts.

by on Nov.28, 2017

The debut of the Hyundai Kona in the U.S. could be in jeopardy due to a strike by workers in South Korea.

At a time when SUVs dominate the American automotive market and are gaining traction across the globe, Hyundai has been caught short. The Korean carmaker is hoping to regain momentum with the launch of an all-new third utility vehicle, but the launch of the 2018 Kona could be off to a bad start as workers in Seoul shut down production.

Union leaders called for a walkout to challenge what they believe are job cuts coming on the assembly line at Hyundai’s big home market assembly plant. And they’re warning that the strike could get even bigger, according to the Reuters news service.

Global Auto News!

Relations have traditionally been tense between Korean workers and management, though after some relatively peaceful times there have been a number of confrontations during the last two, including shutdowns at plants run by both Hyundai and its sibling brand Kia. (more…)

Hyundai Planning to Add, Update 8 CUVs by 2020

Kona model will kick off ute assault.

by on Nov.15, 2017

The Hyundai Kona made its official public debut at the 2017 Frankfurt Motor Show.

Struggling to adapt to rapid changes in the U.S. new vehicle market, Hyundai plans to introduce eight all-new or significantly updated crossover-utility vehicles by 2020, the automaker revealed during a media briefing on Wednesday morning.

The wave of new models will range from a sub-compact, or A-segment ute up to a three-row, eight-passenger offering. The Hyundai Kona, set to be unveiled at the upcoming Los Angeles Motor Show, will become the first of the new products to go on sale.

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“CUVs are what’s really driving growth in the U.S. market,” said Mike O’Brien, Hyundai Motor America’s vice president of corporate planning, and the lack of a full range of utility vehicles is a key reason why analysts say Hyundai has lost momentum over the last several years after a decade of rapid growth.


Hyundai May Build New Pickup, SUV in U.S.

Move would require expansion of Alabama plant.

by on Nov.10, 2017

Hyundai won raves for the Santa Cruz concept, a car-based pickup, which it sorely needs in its U.S. line-up.

Slow to adapt to the shift from passenger cars to light trucks, Hyundai Motor Co. is racing to add new SUVs, as well as its first pickup truck, to its line-up, and it is giving serious consideration to producing them in its Alabama assembly plant.

Hyundai was one of the fastest-growing brands coming out of the American economic recession, but its growth has stalled over the last few years, analysts largely pointing to the Korean carmaker’s limited SUV options — the Santa Fe and the Tucson – at a time when light trucks account for nearly two-thirds of the American automotive market.

Product News!

Hyundai officials have confirmed plans to expand the mix, with at least one, and likely two more SUVs coming. A version of the wildly popular Santa Cruz pickup is also nearing production and expected to be launched as early as the 2019 model-year.


Hyundai Quarterly Profits Down — Again

Sales up globally, except in China and U.S. market.

by on Oct.26, 2017

Hyundai's delay in expanding its SUV and crossover line-up continues to haunt the automaker.

Hyundai Motor continues to pay for its slow acceptance of the move away from sedans and into sport-utilities and crossovers by U.S.  and Chinese consumers as it reported its third-quarter profits dropped 20%.

The South Korean automaker’s profits have fallen each quarter since 2013. Hyundai’s overall vehicle sales actually increased about 7% thanks to the popularity of its new products, Hyundai Kona and Genesis G70.

Global Auto News!

However, that wasn’t enough to counter the sales declines the company’s two biggest markets: the U.S. and China. In the U.S., the company is still lagging its competitors in the breadth of its utiliy vehicle offerings.  (more…)