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.... 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 »
Hyundai apologizes for U.K. commercial that depicts suicide attempt 3:37 pm U.S. ET | April 25, 2013  Hyundai apologized for a spot, created by the agency Innocean Europe for use in the United Kingdom, showing a suicide attempt failing because the vehicle, the ix35 crossover, did not produce any harmful emissions. Hyundai removed the commercial from YouTube today after criticism of it spread rapidly through social media.... Read More »
Hyundai Q1 net profit falls on home output drop, currenciesApril 25, 2013 08:32 CET  Hyundai posted a 15 percent fall in quarterly net profit as it was hamstrung by weekend production stoppages and unfavorable currency moves.... Read More »
2013 SHANGHAI AUTO SHOW Hyundai Mistra previews a new sedan for ChinaApril 20, 2013 06:01 CET  Hyundai unveiled the Mistra concept for a mid-sized family sedan at the Shanghai auto show Saturday. The production car will go on sale later this year only in China.... Read More »
Kia prices Cadenza large sedan at $35,900 4:19 pm U.S. ET | April 19, 2013  Kia has set the starting price of its new range-topping Cadenza sedan at $35,900, including shipping, to target the high-end of the large sedan segment.... Read More »
HyundiMobis says it has $530 million lamp order from Chrysler 12:01 am U.S. ET | April 16, 2013 South Korea's Hyundai Mobis said on Tuesday it won a $530 million order to supply automotive lamps to U.S. automaker Chrysler Group LLC -- its biggest lamp deal ever.... Read More »
Suppliers hustle to fill orders 12:01 am U.S. ET | April 15, 2013  As automakers in North America crank up production, suppliers that chopped capacity during the recession have become a critical bottleneck. Asked to boost production, many suppliers say they finally are making money again and are loath to take risks.... Read More »
Hyundai puts growth on hold 12:01 am U.S. ET | April 15, 2013  Hyundai Motor Co.'s limited global production capacity is capping the company's growth, a top executive says. The company is squeezing nearly every unit possible from its assembly plants.... Read More »
Hot Hyundai-Kia hit icy patch in first quarter 12:01 am U.S. ET | April 15, 2013  Hyundai-Kia U.S. retail sales, excluding fleet sales, totaled about 248,900 vehicles in the first quarter, down 9 percent from last year. Meanwhile, major competitors all increased sales to retail customers.... Read More »
Hyundai-Kia raises fleet sales as retail sales slide 12:01 am U.S. ET | April 15, 2013 To counteract slumping U.S. retail sales, Hyundai-Kia Automotive ratcheted up deliveries of vehicles to fleet buyers in March.... Read More »
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