Hyundai

Kia Motors says president resigned over prolonged wage disputes

7:11 am U.S. ET | Oct. 31, 2014
Kia Motors said its president, Lee Sam-ung, has resigned to take responsibility for "enormous" production losses caused by recent strikes by its South Korean union during wage talks....
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Hyundai plans to take on Toyota's Prius with new hybrid model

9:01 am U.S. ET | Oct. 30, 2014
South Korea's Hyundai Motor said it is developing its first dedicated gas-electric car that would go up against Toyota's best-selling Prius. The move will help it diversify its eco-friendly vehicle line-up and hedge its bets in next-generation green technology to meet stricter emission regulations in key markets....
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Hyundai Europe to add ix25 small SUV, source says

Oct. 28, 2014 15:36 CET
Hyundai will sell a version of the ix25 subcompact SUV in Europe and the U.S. starting in 2017, a company source told Automotive News Europe. The move would give Hyundai a competitor in Europe's booming small SUV segment....
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Hyundai Europe mulls i20 subcompact wagon

Oct. 26, 2014 06:01 CET
Hyundai says it is considering adding new body styles for the i20 subcompact that could include a station wagon to compete against cars such as wagon variants of the Skoda Fabia and Renault Clio....
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Hyundai's third-quarter profit falls 29% on firmer currency, sluggish sales

Oct. 23, 2014 11:15 CET
Hyundai posted a 29 percent decline in third-quarter net profit, the steepest drop in at least six quarters. The automaker was hit by slowing sales growth and a stronger local currency but expects earnings to bounce back in the fourth quarter....
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Has the Hyundai Sonata lost its mojo after redesign?

7:50 am U.S. ET | Oct. 22, 2014
The revamped Sonata sedan was supposed to help Hyundai Motor Co. reverse sluggish sales, but the car described by some critics as a bland substitute for its popular predecessor is off to a slow start in the key U.S. market....
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Kia to build production version of GT concept

12:01 am U.S. ET | Oct. 20, 2014
Kia's GT concept, a four-door luxury coupe that turned heads at the 2011 Frankfurt auto show, will be produced for sale in the U.S. The new Kia halo car is expected to appear in 2017, according to a person familiar with the company's plans....
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Hyundai on a quest for capacity

12:01 am U.S. ET | Oct. 20, 2014
Hyundai needs a new assembly plant to keep up with crossover demand, says U.S. boss Dave Zuchowski. Until then, Hyundai will likely get production from sibling brand Kia's factories in Mexico and Georgia....
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FIVE YEARS LATER

GM's loss, Hyundai's gain

12:01 am U.S. ET | Oct. 20, 2014
Stores targeted for closure by one troubled brand were snapped up by a rising brand....
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Kia scores LeBron James as first 'luxury ambassador'

4:48 pm U.S. ET | Oct. 16, 2014
NBA superstar LeBron James, following his high-visibility return to the Cleveland Cavaliers this season, has signed on with Kia Motors America as its first luxury ambassador....
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RICHARD JOHNSON

Hyundai scrambles for more crossover turf

2:45 pm U.S. ET | Oct. 16, 2014
Hyundai's no longer growing by leaps and bounds in the United States, in part because it's only a bit player in the crossover boom....
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Hyundai Motor to use cash to fund $10 billion land deal

7:17 am U.S. ET | Oct. 16, 2014
Hyundai Motor and its two affiliates will use cash to fund their 10.6 trillion won ($10 billion) purchase for a land site in Seoul, raising concern the companies will reduce shareholder payouts....
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Hyundai makes diversity key part of business plan

6:55 pm U.S. ET | Oct. 13, 2014
Under CEO Dave Zuchowski, Hyundai Motor America has made diversity a key objective of the company's business plans with clear-cut goals in areas such as hiring, the automaker's retail network, suppliers, marketing and advertising. Employees in every department are held accountable for meeting the objectives....
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Fleet adds little to Sept. sales gain

12:01 am U.S. ET | Oct. 13, 2014
Among the seven largest volume automakers, light-vehicle sales through dealerships rose 11 percent, while fleet was a mere 3 percent higher....
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Dealers turn to governments for incentives

12:01 am U.S. ET | Oct. 13, 2014
A small but growing number of dealerships are obtaining tax breaks or government funds in connection with their facility improvements....
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Nissan recruits Hyundai Europe COO as global sales chief

Oct. 10, 2014 12:27 CET
Nissan has tapped Hyundai Europe's chief operating officer, Allan Rushforth, to be its new global sales chief. Nissan said Rushforth had demonstrated his ability to lead multicultural teams. He will work out of Nissan's global headquarters in Japan....
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Toyota remains most valuable automotive brand

2:02 pm U.S. ET | Oct. 9, 2014
Toyota was named the best automotive brand worldwide for the 11th straight year, followed closely by Mercedes-Benz and BMW, in Interbrand's ranking of the 100 most valuable brands....
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Hyundai Motor workers approve 2014 wage pact, end strikes

7:08 am U.S. ET | Oct. 2, 2014
Hyundai Motor's union workers in South Korea agreed to end strikes that may have cost the company more than 900 billion won ($847 million) in lost output after they accepted the carmaker’s proposal to increase wages....
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Hyundai reaches wage deal with union after work stoppages

11:30 am U.S. ET | Sept. 29, 2014
Hyundai Motor reached a tentative wage deal today with its South Korean labor union, a union spokesman said, potentially resolving disputes that had dragged on longer than expected and led to partial strikes....
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Hyundai pays the price for prestige

12:01 am U.S. ET | Sept. 27, 2014
Hyundai Motor Group Chairman Chung Mong-koo got what he wanted: a spacious corporate home in Korea's most prestigious neighborhood. Now he is paying the price....
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Hyundai unions plan more strikes to protest $10B land deal

6:44 am U.S. ET | Sept. 26, 2014
Workers at Hyundai Motor Group pledged more strikes as the two carmakers and their biggest supplier finalized a $10 billion purchase of plum real estate in Seoul's ritzy Gangnam district for a new headquarters....
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VW, Ford, GM, Toyota dominate North American Car and Truck of the Year short list

12:05 pm U.S. ET | Sept. 23, 2014
Volkswagen Group of America has four vehicles in the running for North American Car and Truck of the Year awards....
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Hyundai must pay $73 million punitive award in Montana teens' deaths

6:40 am U.S. ET | Sept. 23, 2014
Hyundai must pay $73 million in punitive damages to the families of two Montana teenagers killed in 2011 crash blamed on a steering defect, a judge said....
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Hyundai, Kia unions plan partial strikes after $10 billion land deal

7:06 am U.S. ET | Sept. 23, 2014
Labor unions at Hyundai Motor and affiliate Kia Motors are planning partial strikes after a record $10 billion bid to buy property in Seoul's Gangnam district....
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GABE NELSON

Hyundai's hubris -- $10B land deal backfires

4:08 pm U.S. ET | Sept. 22, 2014
Chung Mong-Koo sought to imbue Hyundai with Gangnam style. Instead, Hyundai Motor Group's $10 billion bid for a nearly 20-acre plot in Seoul's prestigious Gangnam district backfired on the company that Chung has elevated into a global powerhouse....
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Racing, tech events draw crowds to Hoffman stores

Racing, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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