Automotive News reports both Hyundai and Kia have stepped up fleet sales in an attempt to offset disappointing first quarter results. The Korean automakers saw their sales decline by nine percent compared to last year, while all major competitors managed to increase their sales. That situation marks an inversion of two years ago, when both gained ground after Japanese rivals suffered production and inventory shortages after the country's earthquake and tsunami tragedies.
Hyundai's news that it would be producing a new Re:Mix edition of the Veloster was passingly interesting, at least for fans of the sprightly hatchback. But that wasn't the only Veloster we saw at the SEMA show this year... far from it.
During an event in Park City, Utah today, Hyundai Motor America President and CEO John Krafcik confirmed to Autoblog that the funky Veloster hatchback will be getting a new summer tire option. "We could do better in terms of tires [and] we had always planned to have a summer option," Krafcik told us.
The 2012 Hyundai Veloster has plenty of hot hatch potential, but its frugal, 1.6-liter, direct-injected four-cylinder just isn't going to cut it for those more concerned with speed than fuel economy. While a turbo model has long been rumored, we've now got confirmation – sort of.