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Hyundai CEO downplays Corvette competitor, warns of CAFE loopholes

Like nearly every other automaker these days, Hyundai is keenly focused on bringing fuel-efficient vehicles to market. That apparently means the automaker doesn't currently see a need for a halo sportscar to compete with the likes of the Chevrolet Corvette, though it recognizes it would be an exciting addition to the lineup. Hyundai's North American CEO, Jeff Glucker

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Hyundai adding 214 jobs in Alabama to build more engines

Hyundai has been on a consistent sales tear for many months, and that means additional production isn't far behind. Automotive News reports the Korean automaker will invest $173 million to modify and expand its Alabama engine plant. The expansion, which will make room for a new engine for the Hyundai Elantra, could be completed by March, 2012, and it will require Hyundai to add 214 much-nee