No more Mr. Nice Guy. After Wednesday, if you buy a new Hyundai then lose your job within a year, you’re just going to have to keep the car. Get the full story »
Hyundai
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Hyundai, VW top insurance industry safe car list
Fast growing Korean manufacturer Hyundai Motor and its Kia Motors affiliate shared the top spot for crash safety in a broad review of 2011 models. (See the full list)
Volkswagen and its luxury Audi brand also were among the 66 passenger cars and sport utilities garnering the highest ratings published by the Insurance Institute for Highway Safety. Get the full story »
Hyundai leads carmakers in October vehicle sales
Hyundai Motor America, the largest automaker to report Tuesday, said its U.S. sales rose 38 percent last month to 42,656 vehicles from 31,005 the previous year.The gain was led by sales of the Sonata, which totaled 17,505. That was more than double a year ago. The automaker introduced turbo and hybrid versions of the model.
Hyundai: We’re more American than Detroit
Vehicle springs, awaiting installation at the Hyundai plant in Montgomery, Ala. (Dave Martin/Bloomberg News)
By next year about 80 percent of the vehicles Korean automaker Hyundai sells in the United States will be built here, the CEO of the automaker’s U.S. arm told CNNMoney.
That percentage would likely put Hyundai at the top of the “Made in the USA“ rankings among all automakers operating in the U.S., including Ford, Chrysler and General Motors. Get the full story »
Hyundai recalling 140,000 Sonatas in U.S.
Sunday it will recall some 140,000 Sonata sedans in the U.S. market because of steering problems that could result in a loss of, or reduction in, maneuvering capability. Hyundai Motor America is conducting a voluntary safety recall of Sonatas built between Dec. 11, 2009, and Sept. 10, Hyundai said in a statement emailed to Dow Jones Newswires. Get the full story »
Post clunkers funk hits August auto sales
Auto sales, once a bright spot in the economic recovery, grew fainter last month.
The pain was widespread. Big car companies General Motors, Ford and Toyota all saw sales slip. Smaller automakers like Subaru suffered too, as did companies that appeal to the budget minded, such as Kia and Hyundai. Get the full story »
NHTSA probes 2011 Hyundai Sonata steering
U.S. safety regulators have opened a preliminary investigation into claims that Hyundai Motor Co.’s best-selling car in America, the Sonata sedan, may have steering problems.
National Highway Traffic Safety Administration officials opened the preliminary investigation into the 2011 Hyundai Sonata Friday. Get the full story »
June auto sales point to weakening recovery
Most automakers saw their U.S. sales drop from May to June, a sign that this year’s slow recovery in the industry may be stalling.
Americans are delaying big-ticket purchases because they’re worried about their jobs in a period of high unemployment. Nervous consumers could mean a tough summer for automakers, which hope to improve sales after a dismal 2009. Get the full story »
