Archive for the ‘Hyundai’ Category
Korean up-start topples luxury mainstays, but Detroit mainstream brands also gain ground.
by Paul A. Eisenstein on Jul.25, 2018
The Genesis brand aced another test, a month ago also topping Power's IQS.
Genesis, the upstart Korean luxury brand, has pulled off another surprise, this time landing the top spot in the 2018 J.D. Power APEAL study, surpassing such traditional highline brands as Porsche, Mercedes-Benz, BMW and Lexus.
It’s the latest in a series of coups by Genesis, which was spun off by Hyundai just two years ago. And it comes barely a month after the Korean marque also landed in the top spot on Power’s widely followed In initial Quality Survey. But there were some other surprises in the APEAL report which measures how well individual brands and models are satisfying their owners. Mainstream brands, notably including some Detroit marques, are rapidly gaining ground on the luxury badges that have traditionally led in customer satisfaction.
Beyond the Headlines!
But the industry, as a whole, achieved record levels in the 2018 APEAL study – the name short for “Automotive Performance, Execution and Layout” – the second year in a row that has happened.
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Tags: 2018 apeal, Power APEAL, auto news, best car brands, car news, chevrolet news, ford news, genesis apeal, genesis customer satisfaction, genesis news, hyundai news, j.d. power, jd power apeal study, jd power customer satisfaction, jdpa, kia news, most customer satisfying car brands, paul a. eisenstein, paul eisenstein, porsche news, thedetroitbureau
Posted in Automakers, Automobiles, BMW, Business, Chevrolet, FCA, Ford, GM, GMC, Genesis, Honda, Hyundai, Infiniti, Jaguar, Jeep, Land Rover, Lexus, Lincoln, Markets, Mercedes, Mitsubishi, Nissan, Porsche, Technology, Toyota, U.S./North America, Volvo | Comments Off
Strong sales could expand N-performance line-up in U.S.
by Michael Strong on Jul.20, 2018
The 2019 Hyundai Veloster N puts out 275 horsepower and 260 foot-pounds of torque.
The hot hatch market in the U.S. is garnering a lot of attention and nearly as many sales so Hyundai’s going to find out of there is room for one more entry in the segment with the Veloster N.
Hyundai’s Veloster isn’t unknown to American hatchback fans, it’s just never been high on their list of favorites if sales figures are the barometer. However, the South Korean automaker is looking to change that impression with the new 275-horsepower pocket rocket.
Product News!
The company’s using the Veloster N as a test bed to see if it can expand its N-performance line-up in the U.S. It already sells N-performance cars in other markets. The Veloster’s success or failure will set the stage for other Hyundai high-performance models. (more…)
Tags: 2019 Hyundai Veloster N, Hyundai's new Veloster, TheDetroitBureau.com., Veloster N, auto news, hyundai news, michael strong, new Hyundai hot hatch, quirky performance Veloster, thedetroitbureau
Posted in Automakers, Automobiles, Business, Hyundai, Markets, Sales, Sales, Sports Cars, Trends, U.S./North America | Comments Off
The Koreans finally deliver a real threat to Munich's vaunted sport compact.
by Paul A. Eisenstein on Jul.16, 2018
Genesis tapped BMW's former M chief to help build some impressive dynamics into the G70.
Hard to believe but it’s been a full decade since Hyundai introduced what was then its most expensive and lavishly equipped model, the Genesis sedan going on to become the North American Car of the Year, among the many awards it collected. The four-door model also had a sort of Mini Me, the Genesis Coupe essentially being positioned as the Korean carmaker’s answer to the ever-popular BMW 3-Series.
Like so many other 3-Series wannabes, the Genesis Coupe wasn’t up to dethroning the king-of-the-sport-compact-hill, but it’s clear that Hyundai has kept that goal in mind and, a decade later, it’s come about as close to anyone to calling BMW’s bluff.
Reviews You Can Trust!
The original Genesis siblings are gone. Indeed, the name itself has been repurposed for Hyundai’s new luxury brand. A couple months from now, the high-line division will get its third new entry since being spun off two years ago, and the 2019 Genesis G70 does a better job of justifying the Genesis brand’s existing than the two models that came before it, the midsize G80 and premium luxury G80. It also presents a surprisingly solid alternative to the 3-Series, as well as other compact European contenders like the Audi A4 and Mercedes-Benz C-Class.
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Tags: 2019 genesis g70, 2019 genesis g70 review, BMW 3-Series, auto news, car news, compact sedan, compact sport sedan, genesis g70, genesis g70 review, genesis g70 v bmw 3-series, genesis news, genesis review, genesis sedan, paul a. eisenstein, paul eisenstein, thedetroitbureau
Posted in Audi, Auto Shows, Automakers, Automobiles, BMW, First Drive, Genesis, Hyundai, Kia, Markets, Mercedes, Monthly Results, New York, Reviews, SUVs, Sports Cars, U.S./North America | 2 Comments »
South Korean union contract calls for closure of foreign plants first.
by Joseph Szczesny on Jul.13, 2018
Hyundai's plant in Montgomery, Alabama, could be impacted severely by a 25% tariff on imported vehicles by the Trump administration.
Up until now, China, Mexico, Canada and Germany have all been at the heart of unfolding controversy about trade and tariffs.
But a new report also suggests that tariffs could destabilize manufacturing base that the South Korean auto giant, Hyundai, has developed in Alabama.
Global News!
The South Korean labor union at Hyundai Motors has warned that the 25% tariff on autos being imported into the United States being considered by the Trump administration could jeopardize as many as 20,000 jobs in Alabama. (more…)
Tags: Hyundai Alabama plant closure, Hyundai's South Korean union warning, TheDetroitBureau.com., Trump tariffs, auto news, hyundai news, joseph szczesny, tariffs may close Alabama plant, thedetroitbureau
Posted in Asia Pacific, Automakers, Business, Hyundai, Leaders, Markets, Personalities, Politicians, Trade, U.S./North America, Union | 2 Comments »
Upturn linked to new products, standalone dealers, says Raphael.
by Paul A. Eisenstein on Jul.11, 2018
Genesis steps things up by taking a shot at the vaunted BMW 3-Series with the new G70.
It’s not often that a senior brand executive is pleased to see his sales slide by more than 50 percent, but Erwin Raphael says the sharp year-over-year decline Genesis reported last month is pretty much right on target.
Two years after it was spun off by Hyundai as a standalone luxury brand, Genesis is in the midst of some major changes that will determine its long-term success. That starts with the upcoming launch of the 2019 G70, which targets the likes of the vaunted BMW 3-Series, as well as the first Genesis SUV expected to join the line-up next year.
Insight!
The Korean marque is also getting ready to launch its own standalone dealer network in the coming months, one that will see the number of Genesis outlets in the U.S. drop by more than 85 percent. But, as with sales, bigger numbers aren’t always better when you’re launching one of the first new luxury brands in decade, insists Raphael, the executive director of Genesis Motor America.
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Tags: 2019 genesis g70, auto news, car news, erwin raphael, genesis, genesis dealer, genesis erwin raphael, genesis essentia, genesis g70, genesis gv80, genesis news, genesis suv, paul a. eisenstein, paul eisenstein, thedetroitbureau
Posted in Advertising, Auto Shows, Automakers, Automobiles, BMW, Business, Concept Cars, Events, Financials, Genesis, Hyundai, Luxury Vehicles, Markets, Monthly Results, New York, Sales, Sales, Trends, U.S./North America | Comments Off
Tariffs would impact even “American-made” vehicles.
by Paul A. Eisenstein on Jul.03, 2018
The Honda Odyssey is one of the most "American" cars but will still be hit by tariffs.
Every single car, truck or crossover sold in the U.S. would be affected by the 25% import tariff being proposed by Pres. Donald Trump, with prices on some models rising by tens of thousands of dollars.
That’s because even vehicles assembled in the U.S. rely on some level of imported parts and components, whether in their suspension, infotainment systems or powertrains.
Beyond the Headlines!
Complicating matters, American-made auto parts and vehicles could become more expensive, and lose their competitive edge, if trade partners enact their own tariffs in response, something a number of them have now threatened to do.
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Tags: Trump tariff, auto jobs, auto news, auto prices, auto tariff backlash, auto tariffs, car news, car prices, paul a. eisenstein, paul eisenstein, tariff backlash, thedetroitbureau, trump harley
Posted in Acura, Automakers, Automobiles, BMW, Business, Chevrolet, Financials, Financing, Ford, GM, Honda, Hyundai, Jeep, Kia, Markets, Mazda, Mercedes, NAFTA, Nissan, Sales, Sales, Subaru, Tesla, Toyota, Trends, Volkswagen, Volvo | 5 Comments »
Nearly 2 million vehicles involved in recalls, probes.
by Paul A. Eisenstein on Jun.27, 2018
The Lexus recall covers a number of models, including the 2010 IS350C convertible.
Toyota’s high-linen Lexus brand today said it will recall 121,000 vehicles because fuel leaks in the engine compartment could lead to a fire.
The announcement came about the same time the National Highway Traffic Safety Administration advised a senior member of Congress that it is expanding a probe of engine problems with Hyundai and Kia vehicles that may also result in fires. And, as TheDetroitBureau.com reported earlier Wednesday, NHTSA is exploring reports that battery packs that have caught fire in Tesla vehicles have proved more difficult than expected to put out.
Breaking News!
The recall involving Lexus products covers four different products, 2006 through 2013 IS350 sedans, as well as the 2010 through 2014 IS350C, and the 2007 through 2011 GS350 and GS450h. All shared the same 3.5-liter gasoline powertrain.
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Tags: auto news, car news, hyundai fire, hyundai fire probe, hyundai news, kia fire, kia fire probe, kia news, kia vehicle fire, lexus engine fire, lexus recall, paul a. eisenstein, paul eisenstein, tesla battery fire, tesla news, thedetroitbureau
Posted in Automakers, Automobiles, Electrified Vehicles, Hyundai, Kia, Lexus, NHTSA Investigations, Recalls, Safety, Tesla, Toyota | 4 Comments »
The pairing is just the latest in a growing line of partnerships.
by Michael Strong on Jun.20, 2018
Hyundai and Audi are partnering up to develop fuel cell technologies.
The automotive industry is increasingly becoming reliant on partnerships, the latest being the tie-up between Hyundai Motor Group and Audi AG.
Like so many other companies before them, the South Korean and German automakers are looking to find a way to get to the promised land of alternative fuel vehicles. In this case, the makers are partnering on the development of fuel cell electric vehicles.
Beyond the Numbers!
Unsurprisingly, whatever patents, technologies and revolutionary breakthroughs resulting from this new coalescence will trickle down, well, more like over to Kia Motors Co. and Volkswagen AG. Kia is Hyundai’s sibling and VW is Audi’s parent companies. These advances can also be shared among other affiliates within either group. (more…)
Tags: Hyundai Audi deal, Hyundai Audi partner up, Hyundai Audi team up, TheDetroitBureau.com., audi news, auto news, automaker partnerships, car company pairings, hyundai news, michael strong, thedetroitbureau
Posted in Audi, Automakers, Automobiles, BMW, Business, Executives, Ford, GM, Honda, Hyundai, Kia, Personalities, Technology, Toyota, Volkswagen | Comments Off
Overall quality reaches record high – and Korean brands lead the surge.
by Paul A. Eisenstein on Jun.20, 2018
The Genesis G90 topped its segment while the Genesis brand led the industry overall.
New vehicle quality has reached an all-time high according to the latest J.D. Power Initial Quality Survey, and the 2018 IQS reveals a number of surprising trends, starting with the fact that three Korean brands lead this year’s study.
The latest IQS, which looks at “things-gone-wrong” with vehicles during the first 90 days of ownership, reveals that traditional mechanical issues, whether powertrain problems or squeaks, rattles and wind noise, are today increasingly rare. Motorists are far more likely to experience issues with infotainment and advanced driver assistance systems, but many of those problems are also being addressed.
High Quality News!
“There’s no question that most automakers are doing a great job of listening to consumers and are producing vehicle quality of the highest caliber,” said Dave Sargent, the head of global automotive research for Power. “That said, some vehicle owners are still finding problems. As vehicles become more complex and automated, it is critical that consumers have complete confidence in automakers’ ability to deliver fault-free vehicles.”
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Tags: 2018 iqs, IQS, auto news, best car, best quality vehicle, car news, initial quality survey, j.d.power, paul a. eisenstein, paul eisenstein, power IQS, quality vehicle, thedetroitbureau, top quality car, vehicle quality
Posted in Automakers, Automobiles, Business, Chevrolet, Chrysler, FCA, Ford, GM, Genesis, Hyundai, Jaguar, Kia, Land Rover, Lexus, Markets, Mercedes, Nissan, Porsche, Quality and Reliability, Ram, Toyota, U.S./North America | 1 Comment »
Nissan, GMC, Hyundai and Ram also score well in annual Vehicle Satisfaction Awards.
by Paul A. Eisenstein on Jun.19, 2018
Genesis was the top brand overall in the 2018 VSA, while the G90 sedan was top Luxury Car.
Reflecting the massive shift from sedans and coupes to SUVs, CUVs and pickups, light trucks are doing a better job of pleasing buyers, at least if the 2018 Vehicle Satisfaction Awards are any indication. And SUVs are the most satisfying products of all, reports consulting and research firm AutoPacific, Inc.
But that isn’t a hard and fast rule. Genesis, the new Korean luxury brand that has yet to introduce its first utility vehicle, was the number one brand in the 2018 VSA, edging out more established competitors, such as Lexus, and achieving the highest score ever in the annual satisfaction study.
Best of the Best!
“In just two years, Genesis has reached a level of owner satisfaction unattained by more established luxury brands,” said AutoPacific President George Peterson, adding that the Genesis G90 sedan also won the VSA for Luxury Car for the second year in a row.
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Tags: auto news, autopacific vsa, best vehicle quality, car news, genesis news, high-quality car, high-quality suv, hyundai news, most satisfying vehicle, nissan news, paul a. eisenstein, paul eisenstein, ram news, thedetroitbureau, vehicle satisfaction awards, vsa
Posted in Automakers, Automobiles, Business, Chevrolet, GMC, Genesis, Hyundai, Markets, Nissan, Quality and Reliability, Ram, U.S./North America | 3 Comments »
