Hyundai

Hyundai succumbs to pressure, scraps $8.8 billion revamp

6:45 am U.S. ET | May 21, 2018

Hyundai Motor Group has shelved a restructuring plan that would have given the son of its aging chairman more control of the conglomerate.... Read More »

Hyundai overhaul plan gets more opposition

8:07 am U.S. ET | May 15, 2018

Two influential proxy advisers joined Elliott Management in opposing a nearly $9 billion deal between two Hyundai Motor Group units.... Read More »

VIDEO: First Shift: Marchionne chided PR chief for denying diesel cheating

8:00 am U.S. ET | May 15, 2018

Marchionne chided PR chief for denying diesel cheating; Tesla driver: Autopilot on during crash; Appeal of smaller auto shows; Kia's diesel mild hybrid; NBA players take Waymo ride.... Read More »

BUILDING AND REBUILDING BRANDS

The long and painful birth of Genesis

12:01 am U.S. ET | May 14, 2018

As thorny as Genesis' retail rework has been, the U.S. dealer showdown is just one of many trials testing global brand chief Manfred Fitzgerald as he births a luxury brand. Zoom out to the global scale, and Genesis is clearly a work in progress on other measures, too.... Read More »

Inside Hyundai heir's plan to fend off activist investor's attack

11:20 am U.S. ET | May 11, 2018

With one of the most tenacious activist investors breathing down his neck, Hyundai's crown prince is preparing to defend his family's dominance of the world's fifth-largest automotive empire.... Read More »

Automotive News Europe names the 2018 Rising Stars winners

May 7, 2018 06:01 CET

Seventeen young and talented automotive executives have been named as Rising Stars within the automotive industry by Automotive News Europe.... Read More »

AUTOMOTIVE NEWS EUROPE MONTHLY MAGAZINE

Check out the ANE monthly magazine for May

May 7, 2018 06:01 CET

The latest issue of the Automotive News Europe monthly magazine is ready to view. The new edition looks at how PSA Group CEO Carlos Tavares' integration of Opel/Vauxhall is progressing.... Read More »

Course correction for Genesis' 'misguided missile'

12:01 am U.S. ET | May 7, 2018

Is Hyundai’s Genesis a make or a “model?” The question is at the heart of the lingering confusion surrounding the luxury brand’s retail strategy.... Read More »

EDITORIAL

Can Hyundai dealers believe in Genesis?

12:01 am U.S. ET | May 7, 2018

Given the history we've cataloged, we'd caution them to consider their options very carefully.... Read More »

AUTOMOTIVE NEWS EUROPE MONTHLY MAGAZINE

Hyundai Nexo leads eco charge

May 2, 2018 12:35 CET

Hyundai sees Europe as a key market for its Nexo fuel cell car because the region has more advanced plans than other global markets to expand its refueling infrastructure.... Read More »

HYUNDAI/KIA: Hyundai, Kia and Genesis all drop

4:08 pm U.S. ET | May 1, 2018

Hyundai Motor America's U.S. sales were down 11 percent from the year-earlier period to 56,063 units.
... Read More »

VIDEO: AutoNews Now: Jeep, VW rise in a down month for U.S. sales

3:45 pm U.S. ET | May 1, 2018

Jeep, VW rise in a down month for U.S. sales; Hyundai to offer Genesis to all its U.S. dealers; Shakeup at Ford-dealer JV; 17 states suing EPA over plan to scrap emissions targets.... Read More »

Genesis changes its mind on retail network -- again

1:11 pm U.S. ET | May 1, 2018

Genesis General Manager Erwin Raphael told Hyundai's dealer council last week that the opportunity to sell the brand would now be offered to all Hyundai dealers in the United States -- a complete shift from the brand's previous thinking.... Read More »

In the beginning ... many dealers helped establish Genesis

12:01 am U.S. ET | April 30, 2018

Hyundai's luxury journey has been a long, confusing road for dealers, who put in the work on the ground to help establish the automaker's upscale credentials. Many of them will be watching from the sidelines as the Genesis brand takes flight.... Read More »

A luxury roller-coaster ride

12:01 am U.S. ET | April 30, 2018

Hyundai's journey into luxury has been a bumpy, tortuous ride for its dealers, thanks to a strategy that was unclear from the start.... Read More »

Hyundai's first-quarter profit halves on bleak U.S., China sales

April 26, 2018 10:11 CET

Hyundai's first-quarter net profit halved as bleak U.S. and China sales, a strong South Korean currency and labor union strikes dragged on the automaker's earnings.... Read More »

Activist investor turns up heat on Hyundai

6:27 am U.S. ET | April 23, 2018

Activist hedge fund Elliott Management dismissed Hyundai Motor Group's restructuring plan as insufficient on Monday and called on the South Korean conglomerate to adopt a holding company strategy and appoint more independent board members.... Read More »

VIDEO: First Shift: Hedge fund pushes Hyundai to add board seats

8:30 am U.S. ET | April 23, 2018

Fund seeks Hyundai board changes; GM Korea averts bankruptcy; Toyota raises Avalon base price $2K; Independent monitor blasts VW; Ford nixes GM 9-speed; Standing by stick shifts.... Read More »

AUTOMOTIVE NEWS EUROPE MONTHLY MAGAZINE

Hyundai makes Santa Fe more family-friendly

April 19, 2018 06:01 CET

Hyundai hopes more advanced safety and comfort features, better styling and a more refined interior will attract more families and additional female buyers to its new Sante Fe SUV.... Read More »

CAR CUTAWAY

Suppliers to the new Hyundai i30

12:01 am U.S. ET | April 19, 2018

Assembly of the third-generation Hyundai i30 began in December 2016 at Hyundai's plant in Nosovice, Czech Republic. Output peaked at more than 140,000 units in 2017, according to IHS Markit.... Read More »

FTC warns against warranty-voiding policies

4:58 pm U.S. ET | April 13, 2018

Hyundai Motor America was one of six companies selling cars, cellphones and video gaming systems which received FTC warning letters about illegal warranty-voiding practices.... Read More »

Kia Europe names Herrera new COO

April 12, 2018 21:29 CET

Kia Europe has appointed the head of its Spanish operations, Emilio Herrera, to the position of chief operating officer following the promotion of Michael Cole.... Read More »

Kia Motors America COO Michael Sprague leaving company

11:14 am U.S. ET | April 6, 2018

Michael Sprague, the former Ford executive who notched a steady series of promotions in nearly a decade at Kia Motors America, is leaving the Korean automaker. Sprague, 52, Kia's COO since 2015, will step down April 17, Kia said in a statement. No successor has been appointed.... Read More »

Hyundai group under pressure from U.S. activist hedge fund with $1 billion stake

7:32 am U.S. ET | April 4, 2018

A unit of activist hedge fund Elliott Management revealed that it holds more than $1 billion worth of shares in key affiliates of Hyundai Motor Group and called for more rapid reform of the auto giant's governance.... Read More »

U.S. MARCH AUTO SALES

Sales rise 6.4% as spring season starts with a bang

9:00 am U.S. ET | April 3, 2018

U.S. light-vehicle deliveries, behind higher discounts and fleet shipments, a surge in light-truck demand and an extra weekend of sales, rose 6.4 percent in March, topping expectations as the critical spring-selling season started off with a bang.... Read More »

 
VW Group's new CEO Diess may have too much power

Christiaan Hetzner
12:01 am U.S. ET | May 24 2018

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Former BMW executive Herbert Diess now heads both VW Group and its core VW brand, which may be conce ...
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BMW envisions its iNext as an SUV

Christiaan Hetzner
12:01 am U.S. ET | May 23 2018

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BMW looks likely to follow Audi's e-tron and Mercedes's EQC with its own battery-powered full-size S ...
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Can autonomous vehicles be developed without risking lives?

Dave Guilford
12:01 am U.S. ET | May 14 2018

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It's easy to become enamoured of the accident-free future with autonomous cars, but before that time ...
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Porsche wants Chinese buyers to love the 911

Christiaan Hetzner
4:31 am U.S. ET | May 11 2018

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China may be Porsche's biggest market but sales of its 911 sports car are poor. ...
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Lessons learned from DaimlerChrysler

Richard Johnson
8:50 am U.S. ET | May 9 2018

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Conventional wisdom is that the combining of Daimler-Benz with Chrysler failed because of a clash of cultures, but that's an oversimplification. ...
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VW hopes marketing overhaul will banish diesel stain

Christiaan Hetzner
12:01 am U.S. ET | May 1 2018

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VW will support the launch of its I.D. ...
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Renault's push to grow outside Europe is off to a mixed start

Peter Sigal
8:50 am U.S. ET | April 27 2018

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Carlos Ghosn is betting that Renault's sales outside of Europe will drive revenues over the next six years. ...
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Why it won't be easy for global automakers to part with Chinese partners

Yang Jian
12:01 am U.S. ET | April 23 2018

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The Chinese government will phase out restrictions on foreign ownership of joint ventures with domes ...
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Schaeffler looks beyond ball-bearings with future urban mobility ideas

Peter Sigal
4:52 am U.S. ET | April 19 2018

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Schaeffler is looking toward the future of mobility with new products that include the Mover, a comp ...
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Key takeaways from VW's wild week

Christiaan Hetzner
7:13 am U.S. ET | April 13 2018

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Audi loses, Porsche wins and why VW Group parted ways with Matthias Mueller were among the key takea ...
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VW Group's China sales rose 12% in April on Audi, Skoda demand
Volkswagen Group's China sales rose nearly 12 percent in April, led by demand at the Audi and Skoda ...
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VW, Toyota, Dacia rise as Europe sales rise 10% in April
VW, Toyota and Dacia all saw their European sales rise sharply in April, outpacing a market that gre ...
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Russian sales rise 18% as buyers try to beat price hikes
New-car sales in Russia rose 18 percent in April, as consumers hastened purchases anticipating that ...
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UK sales increase 10% amid diesel slump
UK registrations rose 10 percent in April, reflecting a poor performance in the same month last year ...
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VW brand continues to recover in German market up 8%
VW brand continued to recover in its German home market last month with a 15 percent increase in reg ...
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Toyota, Hyundai and Kia among winners as Spanish sales rise 12%
New-car registrations in Spain increased 12 percent in April, with Toyota, Hyundai and Kia among the ...
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Private demand drives Italy's 7% growth
New-car sales in Italy rose 6. ...
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Hyundai, Fiat, Dacia gain as French sales rise 9%
French registrations rose 9 percent in April, led by strong gains at Dacia, Hyundai, Kia, Fiat and D ...
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Mercedes leads China luxury car sales despite Audi surge
Mercedes brand retained its lead as China's top-selling luxury brand so far this year despite a surg ...
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Premium automakers add drivetrains, body styles to stabilize midsize sales
Europe's premium automakers are diversifying drivetrain and body style choices in the core midsize s ...
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Europe's automakers invest in sedans despite SUV surge
Automakers in Europe are continuing to invest in sedans even though the body style has been losing c ...
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Hyundai, Seat add body styles to spice up key sector
Automakers such as Hyundai, Ford, Kia and Seat are experimenting with new compact-car body styles in ...
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Audi, BMW forecast to give key SUV sector a lift with new flagships
A two-year slump in the demand for premium large SUVs in Europe is expected to end in 2019 as BMW an ...
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Tesla Model S outsells German luxury flagships in Europe
Germany's premium brands are under pressure to accelerate their plans for electric cars after Tesla' ...
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Europe's luxury compact car segment forecast to decline for second year
Aging models such as the BMW 1 series and Audi A3 as well as the continued rise of SUV alternatives ...
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Europe's EV sales expected to top 200,000 this year
Sales of full-electric cars are set to surge to 200,000 this year, helped by the arrival of the new ...
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VW, Peugeot, Seat propel compact SUV sector toward new record
Strong demand for new entries from VW, Peugeot and Seat helped to increase European sales in the com ...
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Premium midsize SUVs overtake sedans, wagons in key European segment
Last year for the first time premium SUV models such as the Volvo XC60, Audi Q5 and BMW X3 were more ...
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Renault, Mercedes, Fiat give new life to pickup segment
Renault, Fiat, Mercedes, and soon PSA, are all launching pickup trucks to take on market leader Ford ...
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Porsche Canada gets new marketing director with digital focus
Porsche Canada has tapped Colas Henckes to be its new marketing director. ...
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Tesla hires Snapchat exec to head engineering
Tesla hired Snapchat maker Snap's vice president of monetization engineering, Stuart Bowers, as head of engineering to work on its Autopilot software and other projects. ...
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Continental appoints chief technology officer for China
Continental has named veteran executive Ming Jing to fill the newly created post of head of innovati ...
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Ex-AvtoVAZ CEO Bo Andersson is reborn as a supplier
Bo Andersson has been dispatched by the president of Japan's giant family-owned wiring supplier, Yaz ...
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Seating supplier Adient promotes veteran exec Fleischer to lead Europe business
Seating supplier Adient has promoted veteran executive Ingo Fleischer to head its business in Europe ...
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PSA has new heads for Russia, purchasing; sends sales expert to Opel
PSA has appointed executives to accelerate growth in Russia, boost sales at Opel, and improve purcha ...
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Russia ties stall Wolf's entry on to Porsche board
U.S. economic sanctions imposed on Russia will postpone former Magna International boss Siegfried Wo ...
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Aston Martin recruits veteran VW Group exec to lead exterior design
Aston Martin has recruited Tobias Suehlmann from VW Group's Bugatti brand as its chief exterior desi ...
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Mazda names Americas head Marumoto next CEO
Mazda named Americas chief Akira Marumoto its new CEO as the automaker -- with its limited r&d budge ...
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Rolls-Royce's former engineering chief joins Borgward
Borgward appointed Philip Koehn, former director of engineering at Rolls-Royce, as its chief technol ...
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VW takes Touareg upscale with high-tech features
VW has packed its new Touareg with the latest high-tech equipment available, including thermal imagi ...
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VW takes Touareg upscale with high-tech features
VW has packed its new Touareg with the latest high-tech equipment available, including thermal imagi ...
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Hyundai Nexo leads eco charge
Hyundai sees Europe as a key market for its Nexo fuel cell car because the region has more advanced ...
 Read More ›
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Hyundai makes Santa Fe more family-friendly
Hyundai hopes more advanced safety and comfort features, better styling and a more refined interior ...
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BMW aims sporty X2 at young buyers
BMW's is aiming its all-new X2 at young and young-at-heart customers.The X2 is a sporty variant of t ...
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With the 720S, McLaren makes a more practical supercar
McLaren has added practical features to its 720S supercar in response to research that showed that m ...
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Nissan Leaf gets big tech, range upgrades
Nissan is counting on its sleeker, more technologically advanced, longer-range Leaf electric car to ...
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Mitsubishi expands reach in compact SUV sector with Eclipse Cross
The arrival of the Mitsubishi Eclipse Cross compact crossover gives the automaker three models that ...
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Jaguar expects to lure new customers with E-Pace
Jaguar sees the new E-Pace SUV as a conquest vehicle for the brand, with 80 percent of buyers new to ...
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With DS 7, PSA gets upscale flagship
PSA says the DS 7 Crossback will stand out from the competition because of its focus on technology, ...
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Suppliers to the new Seat Ateca
Assembly of the all-new Seat Ateca began in April 2016 at parent Volkswagen Group's plant in Kvasiny ...
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Suppliers to the new Porsche 718 Cayman
Assembly of the third-generation Porsche Cayman began in July 2016 at parent Volkswagen Group’ ...
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Suppliers to the new Nissan Micra
Assembly of the fifth-generation Nissan Micra began in December 2016 at alliance partner RenaultR ...
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Suppliers to the new Hyundai i30
Assembly of the third-generation Hyundai i30 began in December 2016 at Hyundai's plant in Nosovice, ...
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Suppliers to the new Opel/Vauxhall Insignia
Assembly of the third-generation Ope/Vauxhall Insignia began in March 2016 at the automaker's plant ...
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Suppliers to the new Ford GT
Assembly of the second-generation Ford GT began in October 2016 at Ford's plant in Markham, Canada. ...
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Suppliers to the new Audi A5
Assembly of the second-generation Audi A5 began in June 2016 at the Volkswagen Group subsidiary's pl ...
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Suppliers to the new Honda Civic
Assembly of the 10th-generation Honda Civic began in July 2016 in at Honda's plant in Swindon, Engla ...
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Suppliers to the new Ford Fiesta
Assembly of the seventh-generation Ford Fiesta began in May 2017 in at Ford's plant in Cologne, Germ ...
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Suppliers to the new Citroen C3
Assembly of the third-generation Citroen C3 began in September 2016 in at PSA's plant in Trnava, Slo ...
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