HyundaiSoon, waving a finger will switch radio stations 12:01 am U.S. ET | June 17, 2013 Gesture control, the use of hand gestures to control a vehicle's infotainment system, is gaining momentum. Suppliers are developing technologies that allow motorists and passengers to adjust a vehicle's audio, climate control or navigation system through motion sensors. The technology works like Microsoft's Kinect game system.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Chevrolet slumps in EuropeJune 10, 2013 06:01 CET Chevrolet -- General Motors' best-selling brand globally -- is falling further behind rivals in Europe as the region's buyers turn their backs on the marque's aging product lineup. Steep declines of Chevy's best-selling models in Europe pushed down the brand's sales in the region by 33 percent to 45,706 in a total market down 7 percent, according to industry body ACEA. Chevy's market share was 1.1 percent, down from 1.5 percent during the same period last year.... Read More »
Hyundai, Kia to ride out sales lull 12:01 am U.S. ET | June 10, 2013 Hyundai and Kia just turned in another lackluster sales report. The South Korean brands had become industry standouts in recent years, posting sales growth even amid the depths of the 2008-09 recession and drawing praise for their distinctive designs. But with production capacity maxed out, their U.S. growth has stalled.... Read More »
BMW makes gains in South Korea on free-trade dealJune 4, 2013 14:25 CET Sales of BMW vehicles in South Korea have tripled since 2009 with the help of a free-trade deal that will get even more advantageous for European carmakers next month. Under new rules, tariffs for some imported European vehicles will be reduced further, posing a small-but-growing threat to domestic carmaker Hyundai's ambition to sell more premium cars at home.... Read More »
Industry gets back on track in May, snuffs out slump concern 5:27 pm U.S. ET | June 3, 2013 The U.S. auto industry regained its early-2013 sales form in May, but the results were decidedly mixed among major automakers. The seasonally adjusted annual rate of sales rebounded to 15.3 million from April's 14.9 million, effectively halting worries of a downtrend after the previous five monthly SAARs had topped 15 million.... Read More »
2 brands declare crowd-funding a success 12:01 am U.S. ET | June 3, 2013 Two auto brands that are targeting young customers through pioneering "crowd-funding" initiatives are seeing vastly different results in terms of sales. Yet both are claiming success.... Read More »
THE DEALER SPEAKS: ANDREW DIFEO, HYUNDAI OF ST. AUGUSTINE Customer data, online tools are key to dealer's strategy 12:01 am U.S. ET | June 3, 2013 Andrew DiFeo opened his own store, Hyundai of St. Augustine, in Florida, in 2008. By focusing on Internet marketing and online reputation- and customer-relationship management, DiFeo has increased average monthly new-vehicle sales from about 50 in the first year to about 115 through April this year.... Read More »
Kia aims to conquest upscale shoppers 12:01 am U.S. ET | May 27, 2013 Kia's near-luxury Cadenza sedan -- priced from around $36,000 and equipped to swipe customers from the Acura TL and Lexus ES -- underscores how far the marque has come since its days as a value brand for used-car intenders. Where it goes from here is less clear.... Read More »
With Cadenza, Kia stakes out turf in near-luxury market 12:01 am U.S. ET | May 27, 2013 Kia loaded its new U.S. flagship Cadenza sedan with high-tech content and upscale touches, hoping to seize on the rising image of its brand to steal customers from competitors such as the Acura TL, Lexus ES and Toyota Avalon.... Read More »
German brands enjoy sales boom in KoreaMay 21, 2013 06:01 CET South Korea has become a growth market for BMW, Mercedes and Audi as lower tariffs make their cars cheaper and local buyers abandon a decades-long preference for domestic brands.... Read More »
Toyota overtakes BMW as most valuable global car brandMay 21, 2013 01:15 CET Toyota has overtaken BMW as the world's most valuable automotive brand, an annual ranking of the world's top brands shows. Toyota's 2013 brand value rose 12 percent to $24.5 billion largely because of its significant inroads in the hybrid market, according to the study.... Read More »
2 SCREENS BETTER THAN 1 Auto marketers want TV viewers to reach for another device 12:01 am U.S. ET | May 20, 2013 TV promotions still reach the biggest audiences, but auto marketers say the greatest untapped potential lies with consumers poised to use other devices to respond quickly to what they see on screen.... Read More »
Hyundai, Kia losing ground to luxury imports at home as tariffs fall 12:01 am U.S. ET | May 19, 2013 Foreign brands have seen their share of South Korea's market for premium vehicles surge to 41 percent from 28 percent in the past two years, according to Korean industry groups, as lower tariffs make their cars cheaper and local buyers abandon a decades-long preference for domestic brands.... Read More »
Subaru, Mitsubishi small crossovers top new crash test 12:01 am U.S. ET | May 16, 2013 The Subaru Forester and Mitsubishi Outlander Sport have won top honors from the Insurance Institute for Highway Safety, becoming the only small SUVs to ace the group's new "small overlap" crash test.... Read More »
Hyundai sets new TV spots to reggae beat 12:01 am U.S. ET | May 13, 2013 A remix of the Bob Marley song "Three Little Birds" will be the soundtrack for TV spots in a campaign touting the package of safety and maintenance services included with Hyundai's Blue Link telematics system.... Read More »
Hyundai, Mercedes, Nissan, Toyota join DOE in fuel cells push 4:07 pm U.S. ET | May 13, 2013 Hyundai Motor, Daimler AG's Mercedes-Benz unit, Nissan Motor and Toyota Motor have linked with the Department of Energy to prepare for the first major wave of hydrogen-powered cars, the department said today... Read More »
Domestic brands score well in owner-perception survey 8:00 am U.S. ET | May 13, 2013 Volkswagen Group and Ford fared well among automakers in an annual study released today measuring quality and how deeply consumers feel about a new car or light-truck purchase after several months of ownership.... Read More »
Hyundai-Kia boosts fleet sales, stops 2-month skid 12:01 am U.S. ET | May 13, 2013 A 67 percent increase in fleet sales helped Hyundai-Kia Automotive end a two-month streak of declining U.S. sales in April, making up for a 6 percent decline in retail volume. In contrast, overall fleet sales for the seven largest automakers rose just 3 percent.... Read More »
Hyundai mulls 4th China plant, vice chairman says 2:31 am U.S. ET | May 10, 2013 Hyundai Motor is considering building a fourth car plant in China, its vice chairman said today, as the company seeks to increase production overseas to counter the effect of a firm local currency, a falling yen, and labor issues.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Kia Europe boss sees growth despite tough marketMay 9, 2013 06:01 CET Kia Europe President Brandon Yea believes the brand will continue its growth in the region this year despite tough economic conditions. Kia is sticking to its target of boosting annual sales to 420,000 by 2016 in the EU and EFTA markets from 338,000 last year. The brand's vehicle sales were up 3.5 percent in the first quarter in a market down nearly 10 percent.... Read More »
LATEST LAUNCHES Kia aims to conquer with new CarensMay 8, 2013 06:01 CET Kia aims to break European automakers' leadership in the medium minivan segment with its new Carens... Read More »
Hyundai chief blunts talk of new U.S. plant 1:22 pm U.S. ET | May 6, 2013 Hyundai Motor Group does not immediately plan to build a new car factory in the United States, Chairman Chung Mong-koo said today, downplaying speculation that the South Korean automaker would soon announce production facilities in the key market.... Read More »
FINAL ASSEMBLY Suicide as marketing: Oops, says Hyundai 12:01 am U.S. ET | April 29, 2013 British advertising is famously edgy, but a Hyundai commercial crept over the edge, depicting a man trying to kill himself in his vehicle -- and failing because the emissions are so pristine.... Read More »
Kia Q1 profit tumbles 35% on reduced production, won 9:10 am U.S. ET | April 26, 2013 Kia posted a 35 percent drop in first-quarter profit after production at its main domestic factories fell and the won strengthened against the yen.... Read More »
Hyundai apologizes for UK ad that depicts suicide attemptApril 26, 2013 06:01 CET Hyundai apologized for an ad that sought to promote the zero carbon emissions of a fuel-cell powered ix35 by featuring a man failing to commit suicide using a hose attached to the exhaust.... Read More »
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Special Report
Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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