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

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.


Ford Explorer – no longer a gas guzzler?

377012 02: FILE PHOTO: A Ford Explorer sits outside a Firestone tire store August 25, 2000 in West Roxbury, MA. Firestone is in the midst of a massive tire recall, mainly those used on sport utility vehicles. Twenty-nine additional deaths have been reported December 6, 2000 in the government's investigation into the safety of Firestone tires. The National Highway Traffic Safety Administration gave the latest numbers at 148 deaths that involved tread separations due to Firestone tires, an increase from 119 deaths reported as of October 17. (Photo by Darren McCollester/Newsmakers)

Back in the 90’s the Ford Explorer was king as it kept two auto plants cranking out the best selling SUV in North America. Those days are long gone and they really seem like so long ago. The new 2011 Explorer is making it’s premiere this Monday and so far Ford has only put out sneak peaks. We do know that fuel economy will increase by approx. 30% and that in itself will get Ford plenty of attention. We’ll write more once the cover has been lifted!

From the Detroit Free Press:

When Ford lifts the curtain on its 2011 Ford Explorer — in a multi-city reveal next Monday — it also will kick off an effort to convince would-be drivers that the all-new version of its well-known SUV is a gas guzzler no more.

The public got its first look at the polished, urban Explorer America concept at the 2008 Detroit auto show, but the new Explorer, which is to arrive in dealerships late this year, isn’t expected to look much like that concept. So far, Ford has released only teaser photos of the new Explorer that show small parts of the vehicle or its new car-based silhouette. The outgoing Explorer was built on a truck platform.

Jim Farley, Ford’s group vice president of global marketing, said Tuesday that the company’s marketing team will be aggressive in convincing consumers that the new Explorer is fuel-efficient.

Read the full article here.


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