More U.S. factory output for Hyundai?

ITAR-TASS 75: KEMEROVO REGION, RUSSIA. APRIL 14. The pictures shows Hyundai buses and trucks produced by Hyundai Motor and Kuzbass Auto joint plant under the brand of Kuzbass. (Photo ITAR-TASS/ Alexander Kolbasov) Photo via Newscom

Hyundai keeps chugging along and now plans expansion of it’s factory capacity in the U.S. It’s really no surprise that Hyundai will be looking to either expand or build more assembly plants in North America in the near future as sales for the Korean company continue to grow. Last month (July 2010) Hyundai’s U.S. sales set a record with 54,106 units sold which is a 19 percent increase from a year ago.

The U.S. car market is steadily fighting back and if and when things really get going Hyundai is preparing to be an even bigger player.

From Auto News.com:

TRAVERSE CITY, Mich. — Hyundai Motor Co. needs more factory output in the United States and will announce plans to expand production within the next month or so, John Krafcik, CEO of Hyundai Motor America, said today.

The automaker’s plant in Alabama, which makes the Sonata sedan and Santa Fe crossover, is running at maximum overtime right now and still struggling to meet sales demands, Krafcik said at the CAR Management Briefing Seminars here.

He declined to say what shape the new U.S. production would take, but said, “We know we have to grow U.S. production.”

Read the full article here.

  

Volkswagen to acquire Korean automaker Hyundai?

NEW YORK - JUNE 15: A detailed view of the new 2011 Volkswagen Jetta Compact Sedan at the world premiere of Volkswagen's new Jetta compact sedan at Times Square on June 15, 2010 in New York City. (Photo by Jemal Countess/Getty Images)

Can it be true that the bigs at Volkswagen are very interested in acquiring Korean automaker Hyundai? This would make a merger of the two companies a real powerhouse moving forward. What happens then to KIA? Time will tell but inquiring minds are all over this one.

From AutoGuide.com:

The Truth About Cars is reporting that Volkswagen executives are turning their attention towards Korean auto giant Hyundai, after comments made to the press by two Volkswagen managers came to their attention.

According to a translation by TTAC’s Bertel Schmitt, VW CEO Martin Winterkorn spoke admirably about Hyundai in a German magazine, stating “I have the most respect for Hyundai. The Korean currency is low (as opposed to the Japanese …) and quality is high. “Hyundai now knows how to build good cars.”

In a seperate interview given to the Korea Times, Volkswagen honorary chairman Carl Hahn admonished Korean automakers to stop selling their cars based on low prices, and instead focus on quality and value for money.

Read the full article here.

  

Chevrolet Orlando To Be Sold In Europe, Asia, Canada Only

News flash! Another dumb idea from GM! The brain trust at GM have apparently decided against selling the all new Chevy Orlando in the U.S. because they want to focus on “other” Chevy products??? OK, So GM is calling this new stylish and sensible vehicle a “minivan” and guess what? 1.) GM/Chevy have no minivan for sale in the U.S. 2.) GM/Chevy have no other vehicle with 3 rows that compares to the Orlando 3.) With gas prices likely to rise soon the Orlando (which is off the same platform as the Volt and Cruze will get close to 35mpg on the highway) would be a home run in the U.S.

Oh well, I guess GM/Chevy are happy with losing market share to other companies like Ford and Hyundai so keep one of the better new products to come out of their stable in awhile and sell it basically everywhere but the U.S.

From AutoGuide.com:

The Chevrolet Orlando crossover will not be sold in the United States after all. In an interview with Bloomberg, Margaret Brooks, GM’s product marketing director for small cars and crossovers said that “The best thing to do for Chevrolet is to focus on the brands we’ve already brought to market: the Traverse, Equinox, Malibu and, soon to come, the Cruze.”

Read the full article here.

  

Hyundai Equus to Rival S-Class, but priced in the Mid $50,000 Range

This is not a misprint. Hyundai to bring luxury vehicle to challenge BMW, Mercedes and Lexus. That’s right, the Hyundai Equus is on it’s way to the U.S. with all of the goodies inside and out to take on the big boys. Will the Equus be a hit in the mid 50k range? We’ll know soon enough.

From AutoGuide.com:

It certainly looks like a flagship luxury sedan, created to rival established German saloons like the 7 Series and S Class, but it costs roughly half the price and… it’s a Hyundai? Yes, debuting at the New York Auto Show, Hyundai will now offer its flagship luxury sedan from Korea in the U.S. aiming to, “compete with the best luxury sedans in the world on all levels.”

Pricing for the Equus has yet to be locked-down, but Hyundai says it expects to be able to sell the car in the mid $50,000 range. And while the Equus isn’t likely to win over many buyers from Mercedes, the package is an attractive one for Lexus LS shoppers, with the LS460 riced in the mid $60,000 range.

The Equus more than just looks like a proper luxury barge, using a powerful V8 engine and riding on a proper rear-drive architecture (an elongated version of that used for the Genesis Sedan). The Equus is actually 7.2-inches longer than the Genesis at 203.1-inches. That makes it longer than the extended wheelbase Lexus LS, plus it’s wider than either the S-Class or 7 Series.

Read the full article here.

  

Hyundai i-Flow a Future Vision for the Sonata

The Big H is already on a roll but if they build anything similar to this prototype i-Flow/Sonata being shown in Geneva look out because they could be steamrollin’. Some of Hyundai’s cars already resemble a Lexus and at a portion of the cost so they have sent out warning shots to the competition on what lies ahead.

Hyundai unveiled its i-Flow concept vehicle, calling it a preview for a future D-Segment contender. According to Hyundai, we may see the i-Flow’s styling and technology in a 2011 production model. Would it be too much to expect it in the 2011 Euro-spec Sonata?

The seventh of a series of concepts from the Russelsheim design studio, the i-Flow extends upon Hyundai’s “fluidic sculpture” philosophy. The outside offers a futuristic look while inside, the i-Flow has an alien, Hyundai calls it “bionic”, feel.

Under the futuristic shell, the i-Flow is Hyundai’s first diesel hybrid powertrain. At the i-Flow’s heart is the U2 1.7L two-stage turbo engine combined with a lithium-ion powered motor. No horsepower or torque figures were provided, but Hyundai says the i-Flow gets 78.4 mpg.

Read the full article here.

  

Related Posts