Hyundai Motor Company - automotive industry company news

CZECH REPUBLIC: Hyundai plant builds unit 1,000,000

17 May 2013

An i30 was the one millionth car produced at Hyundai’s factory in Nošovice, Czech Republic this week. Production started at the 'greenfield' plant on 3 November 2008, when a previous generation i30 model was Job One.

PHILIPPINES: Sales jump 21% in April

15 May 2013

New vehicle sales in the Philippines increased by 21% to 14,888 units in April, from 12,304 in the same month of last year, according to data released jointly by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI) and Truck Manufacturers Association (TMA).

UK: Western Europe's main dealer count declined in 2012 (but only by 3%)

14 May 2013

Research by the UK-based ICDP shows that the collapse to demand in Western Europe is leading to a decline in the number of main dealer sales networks across the region.

GERMANY: New car sales climb 3.8%, 11% in Spain

7 May 2013

Sales of new cars in Germany, Europe’s biggest market, grew 3.8% to 284,400 vehicles last month compared with 273,900 in April 2012. It was the first increase for six months and the biggest since December 2011 according to industry data.

US APRIL SALES: Detroit grows market share

3 May 2013

US light vehicle sales continued their upward swing in April, finishing up 8.5% year on year at 1.29m for the month. Year to date (YTD) results were 6.9% ahead of the first four months of 2012.

CHINA: Hyundai to expand production at Beijing plant

3 May 2013

Hyundai Motor will expand production at one of its factories in Beijing, China.

NEW ZEALAND: Best April CV sales for 30 years

3 May 2013

New Zealand's new commercial vehicle registrations of 2,235 units was the best April result since 1982 when 2,754 were sold, according to the new vehicle trade group.

NETHERLANDS: Inalfa opens two factories in China

26 April 2013

Inalfa has opened new factories in Chongqing and Langfang in China.

SOUTH KOREA: Shift change niggle hits Hyundai profit

25 April 2013

Weaker currency and one-off costs hit Hyundai Motor profits in the first quarter despite a 6.0% year on year increase in sales.

BRAZIL: GM fires and Hyundai hires workers

25 April 2013

Two opposed moves in the automaker-related labour market are on course. While GM has dismissed 598 workers from its troubled manufacturing plant in São José dos Campos, in São Paulo state, Hyundai has started hiring 600 to 700 people for a third shift at the Piracicaba plant, also in São Paulo state.

COLOMBIA: Sales fell 23% YTD in Q1 but recovery is expected

24 April 2013

The government announcement about reducing credit interest rates came as Colombian new car sales fell 23% YTD though month on month sales in March rose 2.9% to 22,888 units, the best month in 2013 so far.

SHANGHAI: Dongfeng & Kia announce Horki brand

22 April 2013

DYK, China's Dongfeng Yueda Kia joint venture, has revealed the Horki Concept-1 at the media preview day of the Shanghai motor show. The first car for this new brand will be built in one of DYK's three Yancheng plants from 2015.

INDIA: Honda to stop making Civic

22 April 2013

Falling sales have forced Honda India to pull the plug on the Civic sedan which has sold just over 50,000 cars since its launch in 2006.

SHANGHAI: Global debuts list [Final version with additional cars & updated descriptions]

22 April 2013

Details of concepts and new models which made their global debuts on Saturday 20 April at Auto Shanghai's media preview day.

SOUTH KOREA: Chrysler awards US$530m lamp contract to Hyundai Mobis

18 April 2013

Hyundai Mobis has bagged a contract worth US$530m to deliver automotive lamps to Chrysler. It is the company's biggest lamp deal till date.

PHILIPPINES: Sales up 11% in March

15 April 2013

New vehicle sales in the Philippines increased by 10.8% to 15,114 units in March, from 13,631 units a year earlier, according to member data jointly released by the Chamber of Automotive Manufacturers of Philippines (CAMPI) and the Truck Manufacturers Association (TMA).

SOUTH KOREA: Hyundai US Elantra sales pass 2m

15 April 2013

Hyundai Motor’s Elantra has achieved cumulative sales of 2m units in the US, 22 years after the automaker entered the market.

CHINA: China car sales up 13.5% in March

12 April 2013

Chinese automakers' sales of sedans/hatchbacks, SUVs, MPVs and microvans grew 13.5% year-on-year to 1.58m units in March.

INTERVIEW: Kia UK President and CEO, Paul Philpott

11 April 2013

Kia’s UK boss tells just-auto that Kia in Europe, along with Hyundai, is contributing hugely to the European economy and that Kia is seriously eyeing a move into motorsport.

BRAZIL: Inovar-Auto programme discussed at auto industry forum

9 April 2013

The federal government of Brazil has again postponed restoring the full rate of IPI tax on cars by 1 July. Having kept the secret well, it announced the current two-thirds discount will be maintained until the end of the year.

INDIA: Honda mulls budget model

9 April 2013

Honda is considering a low-cost budget car below its Brio compact for the Indian market which could be based on one of its Japan-only 660cc Kei cars, reported the Times of India.

SOUTH KOREA: Hyundai-Kia pass 50m overseas sales mark

8 April 2013

Hyundai and affiliate Kia Motors have passed the 50m mark for overseas sales.

THE WEEK THAT WAS: US stays on the up

5 April 2013

Some good sales numbers out of the US this week as new models get favourable reactions and a degree of cautious optimism prevails. Soon we'll get a reality check in the form of the first quarter financial results.

SOUTH KOREA: Hyundai Sonata recall could expand beyond US - report

4 April 2013

Hyundai Motor and affiliate Kia Motors will take "global action" to repair a potentially faulty brake light switch, after saying first they planned to recall almost 1.9m cars in the United States.

CANADA: March sales stay close to last year’s record

4 April 2013

Vehicle sales in Canada slipped 0.7% in March, although this was the fourth straight month of decline

BRAZIL: Peugeot 208 narrows the new product wait gap

2 April 2013

Now Brazil is the world’s fourth largest auto market, it is no longer made to wait sometimes years for new models launched first in other markets. Case in point: the Peugeot 208 due to hit the showrooms on 13 April, just 11 months after going on sale in Europe.

SOUTH KOREA: Kia flagship may get new name for US

2 April 2013

Hyundai Motor Group's Kia Motors plans to sell its upscale Quoris sedan in the United States next year, a top executive has said, as it tries to move beyond its image as a maker of value for money cars.