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Ram 1500

Is Hyundai about to repeat the mistakes of Toyota and Nissan? PickupTrucks.com reports that Hyundai has been showing off a modified Dodge Ram pickup at some consumer clinics to gauge interest in such a product. This wouldn't be the first time the Koreans have looked down this road. A midsize pickup based on the new Kia Sorento had been considered before being killed off two years ago. Tackling the full-size truck market could be an even more perilous endeavor.

Nissan never made a significant dent in the big truck segment with the six-year-old Titan. The enormous resources that Toyota has poured into the development and production of the Tundra are considered by some analysts to be one of the causes of the automaker's recent spate of quality problems and recalls. While many of Hyundai's recent introductions have done well, not everything has been a hit. The Veracruz hasn't been particularly successful in the larger CUV segment and the Genesis Coupe, while getting good reviews, is still very much a niche player against the likes of the Ford Mustang and Chevrolet Camaro.

[Source: PickupTrucks.com]

Is Hyundai really considering full-size pickup truck? originally appeared on Autoblog on Sat, 08 May 2010 21:05:00 EST. Please see our terms for use of feeds.

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Ford Motor Co. isn't as optimistic as it was a few months ago. In a new filing with the U.S. Securities and Exchange Commission, the company announced on Tuesday that it was lowering its worldwide market share prediction for 2006, saying it is likely market share will decline for the year. Previously Ford had forecast improved market share for the year.

Without giving specific market share predictions, Ford  blamed challenges in a key market - full-size trucks and SUVs - caused by rising fuel prices and new-product launches by its competition. Ford also highlighted challenges created by the new CAFE fuel economy standards, and the possibility that those standards could become even more stringent after the federal courts rule on challenges to the new standards for light trucks, which a number of states, led by California, believe to be too lenient.

In the same SEC filing, the company stated that it plans to close seven North American plants between 2010 and 2012, as part of its "Way Forward" restructuring plan.

[Source: Reuters]

Ford changes forecast, expects 2006 global market share to drop originally appeared on Autoblog on Tue, 09 May 2006 17:24:00 EST. Please see our terms for use of feeds.

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