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0Report: Hyundai to halve fleet sales, aims for 100,000 more retail units 1334061780
A sale is a sale, right? Well, at least in the automotive world, that's not entirely true. A sale to a regular consumer is, generally speaking and for a number of reasons, much more attractive to an automaker than a sale to a fleet company (sales to companies or the government, for ...
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Report: Even with thin inventories and growing demand, Hyundai not looking for second U.S. plant 1321461060
Why is this man smiling? Well, it could be because hotcakes only wish they were selling as well as Hyundais. Or perhaps that grin says he knows something we don't – like when and where his company plans to build a second North American assembly plant. Yet Hyundai CEO John Krafcik told ...
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Report: Hyundai boosting output in hopes of 600,000 U.S. sales in 2011 1308231060
Hyundai is making a serious sales push in 2011. Last year, the automaker delivered 538,228 new vehicles to buyers in the United States, but Hyundai's New Year's resolution was apparently to make a run at the 600,000 mark. To accomplish this feat, Hyundai will boost production at its Alabama and ...
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Report: Hyundai/Kia will likely top Toyota/Lexus for No. 3 sales spot in May 1306873740
If forecasts from TrueCar.com are accurate, Hyundai and Kia will be the only automakers to post sales gains in the month of May. Mildly interesting news in itself, but the real shocking nugget is that the Korean conglomerate is expected to pass Toyota (including its Lexus luxury brand) as the ... -
Hyundai announces 5 million units sold in Europe 1306611360
It's official: five million Hyundai vehicles have been paired with paying customers in Europe since 1977. It began with a Hyundai Pony sent home with a UK buyer, and the latest milestone was achieved with the sale of an i30 (pictured). Although it works out to roughly 147,000 cars per year over ...
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Report: Hyundai quarterly profit up 46% to $1.75B 1304002560
Hyundai has had a big year, and the results are showing in the form of healthy profits. According to BusinessWeek, the Korean automaker earned $1.75 billion in the first quarter, up 46 percent versus the first quarter of 2010. Overall revenue was up 21 percent to $17 billion. Sales volume was ...
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Hyundai CEO Krafcik warns against price war, short-term thinking 1297612860
Hyundai Motor America President and CEO John Krafcik believes that some automakers are starting a price war, which would be an unwise move that focuses solely on short-term sales. General Motors had strong sales in January 2011, but its 23-percent gain was due to increased incentives and ...
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Hyundai hits 500,000 sales in U.S. for first time ever 1292340660
2011 Hyundai Sonata 2.0T – Click above for high-res image galleryIt should hardly come as news to anyone reading Autoblog that Hyundai is in the midst of a hot streak. New models are coming out left and right, the automaker's quality is reaching new heights and there are no signs of ... -
One market where Hyundai sales aren't white hot? Home. 1278360840
2011 Hyundai Sonata – Click above for high-res image galleryIt seems that Hyundai is having a very similar problem to Buick in its home market. Overseas customers can't get enough of its products, but buyers at home are rather ho-hum. Just as Buick is huge in China, Hyundai models are ... -
Ward's obtains Hyundai doc detailing plan to split off luxury cars in dealerships 1262444100
2010 Hyundai Equus - Click above for high-res image galleryBefore the Hyundai Genesis arrived in showrooms, there was talk of the car launching under the aegis of its own brand, much like the debut of the Lexus LS400 back in 1990. That didn't happen, and premium Hyundai models like the Genesis ...

