Archive for the ‘Hyundai’ Category

GM CEO Barra Wants to Turn a Profit – Soon – on Electric Vehicles

New platform, high volume and cheaper batteries are key.

by on Jan.15, 2018

General Motors CEO Mary Barra recently signed off on a plan to expand the company's portfolio of electric vehicles.

While there are only a handful of long-range electric vehicles on the market right now, you can expect to see as many as two dozen or more in U.S. showrooms by the end of the decade, and several times as many five years from now.

Virtually every major automaker has promised to “electrify” its line-up, and companies like General Motors, Toyota and Daimler AG plan to put a premium on pure battery-electric models. While that may be great news for green-minded auto buyers, there’s a serious flaw in the equation for auto manufacturers, says Woong-chul Yang, the head of R&D for both Hyundai and its sibling brand Kia.

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“Whenever we sell eco-friendly vehicles we all lose money,” the South Korean executive told TheDetroitBureau.com after presiding over the rollout of the new Kia Niro EV at the Consumer Electronics Show last week. “Even battery vendors are losing money.” (more…)

China Posts Meager Auto Sales Gain in 2017

Sport-ute led the way to small 1.4% increase last year.

by on Jan.12, 2018

Auto sales in China increased marginally for 2017, but they were led by sport-utilites.

China’s auto sales stalled in December and ended 2017 up a meager 1.4% compared with a year ago results as the popularity of SUVs helped to offset falling demand for sedans, the China Association of Automobile Manufacturers said.

With global car makers such as General Motors, BMW, Volkswagen AG, Mercedes-Benz, Toyota and Nissan all reporting solid, but not spectacular, gains during 2017, smaller local brands common to almost every province and international brands such Ford and Hyundai, appeared to suffer the most for the slowdown, which was due in part to the end of special tax credits.

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The growth rate was barely one-tenth the previous year’s 15% rate, which was boosted by a temporary tax cut. (more…)

Hyundai Nexo Will Deliver 370 Miles on Tank of Hydrogen

Fuel-cell vehicle features auto parking and hints of autonomous features to come.

by on Jan.09, 2018

Hyundai introduced the new Nexo fuel-cell electric with Aurora CEO Chris Urmson, left, and Ki Sang-Lee, Hyundai vice president.

Five years after launching its first hydrogen car, Hyundai is ready to take things a big step forward, unveiling the new Nexo fuel-cell vehicle at the 2018 Consumer Electronics Show in Las Vegas.

The Nexo is the latest in the wave of “eco” vehicles from the South Korean carmaker, a list that will include a mix of 18 hybrids, plug-ins, pure battery-electric vehicles and hydrogen cars by 2025. Sibling brand Kia will share the underlying fuel-cell system for a new model of its own before the end of the decade.

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Following up on the 2013 debut of the original Hyundai Tucson FCV, “we’re ready to showcase how far our fuel-cell technology has come,” said Hyundai Senior Vice President Ki Sang-Lee said during a roll-out of the Nexo at CES. (more…)

Hyundai Hitting Market with Autonomous Fuel Cell Vehicle This Year

New FCEV can travel 370 miles and park itself.

by on Jan.08, 2018

Hyundai revealed its second-generation fuel cell electric vehicle at CES 2018, the NEXO.

Hyundai finally revealed the name for its next-generation fuel cell electric vehicle, Nexo, at CES 2018, after it gave the world a look at the crossover late last week, but provided no details.

Nexo not only comes equipped with a revolutionary propulsion system, it also gets the South Korean automakers intelligent Advanced Driver Assistance System, which Hyundai calls “a glimpse at the future of transportation.”

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“The zero-emission FCEV runs on hydrogen and proves that even an eco-friendly powertrain can fully support the energy demands of autonomous driving,” officials say in a statement. (more…)

2019 Veloster: Hyundai Heats Up Its Hot Hatch

Quirky - and proud of it.

by on Jan.08, 2018

Hyundai's distinctive Veloster hatchback is getting a makeover for the 2019 model-year.

There’s something endearingly odd about the Hyundai Veloster.  The Korean carmaker’s hot hatch was a quirky visual standout when it made its debut seven years ago, and it gained momentum with a turbocharged performance post a few years later.

Now, Hyundai’s giving us a sneak peek at the second-generation Veloster ahead of its official debut at the North American International Auto Show later this month. And while it retains some of the quirky and endearing touches of the original – including the unusual asymmetric door layout – it gets a more aggressive look that Hyundai designers like to call a “city rally car.”

Hot Hatches!

Both the base and turbo models are back for 2019. And word has it we just might also see a true performance model, part of Hyundai’s new “N” line, that could deliver as much as 271 horsepower.

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Buh-Bye Camry; Pickups, SUVs Now Own Top Sales Spots

Toyota's mainstay sedan didn't even crack the Top 5.

by on Jan.05, 2018

Despite giving the Camry a stylish makeover the sedan continued to lose momentum last year.

If anyone still questions the way light trucks have come to dominate the U.S. automotive market you only need look at the 2017 sales charts to see how passenger cars are on virtual life support these days.

Perhaps the most significant development finds that the Toyota RAV4 last year outsold the Camry for the first time ever. And so did the Nissan Rogue.

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The overall numbers for 2017 weren’t good, the U.S. market posting its first decline since the end of the Great Recession. And demand likely would have dipped more than the modest 5% if it weren’t for the strong, late-year surge as motorists in Florida and Texas raced to replace vehicles destroyed during the summer’s devastating hurricanes.

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Hyundai Fuel Cell Concept Hitting CES Stage

No name for the FCEV concept, possible Tucson replacement?

by on Jan.04, 2018

Hyundai will reveal the name of this FCEV crossover next week at CES.

The stages are going to be crowded with automakers at next week’s CES show as Hyundai has added its name to the list of makers looking to make splash.

The South Korean maker plans show a new fuel cell electric vehicle in Las Vegas that utilizes the company’s new Advanced Driver Assistance System (ADAS) technologies. Not only will we learn more about the vehicle, we’ll actually learn its name as well.

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The new fuel cell EV is the newest edition to the Hyundai’s eco-vehicle portfolio and it will help to fulfill Hyundai’s vision to offer clean mobility to the world. (more…)

VW, Hyundai Team Up With Former Google Autonomous Chief

Aurora and partners aim to bring self-driving tech to market “quickly, safely and broadly.”

by on Jan.04, 2018

W and Hyundai are teaming with former Google autonomous vehicle guru Chris Urmson to develop self-driving technologies.

Volkswagen and Hyundai have formed a new partnership with Aurora, an autonomous vehicle start-up founded by former Google self-driving vehicle chief Chris Urmson, with a goal of getting the technology to market “quickly, safely and broadly.”

The announcement serves as something of a redemption for Urmson who left Google in 2016 without a formal plan. Ultimately, he decided he wanted to run his own show and formed Aurora Innovation in Pittsburgh, also home to Carnegie Mellon University, where Urmson was before joining Google, now Waymo.

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“Our priority at Aurora is to make self-driving cars a reality quickly, broadly and safely, and we know we will get there faster by partnering with innovative automakers like the Volkswagen Group,” said Urmson, a pioneer in self-driving technology who co-founded Aurora. “This partnership establishes a deep collaboration using Aurora’s self-driving technology, and together we will bring self-driving vehicles to market at scale.” (more…)

Hyundai, Kia See Pressure on Sales in 2018

South Korean automakers predicting tough sales year ahead.

by on Jan.02, 2018

Hyundai's efforts to expand into new market segments comes as sales growth is expected to get tougher.

Hyundai Motor and Kia Motors expect only limited growth in 2018 as global auto sales slow perceptibly during the new year, the company’s senior executives said in a “New Year’s Day” message to employees.

The South Korean auto giant, which ranks fifth by global sales, is targeting sales of 7.55 million vehicles. However, Hyundai-Kia is likely to have missed its sales target for the third consecutive year in 2017 as it sold 7.25 million units this past year, according to estimates by analysts.

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“Global auto demand growth is expected to stagnate this year, with demand seen shrinking in major markets like the U.S., China and Europe,” Yoon Yeo-chul, Hyundai’s vice chairman, said in a New Year’s speech to employees. (more…)

First Drive: 2018 Hyundai Elantra GT Sport

A worthy competitor in an increasingly crowded segment.

by on Dec.28, 2017

The new Hyundai Elantra GT Sport is ready to run with the others in the "hot hatch" segment.

As a challenger brand, Hyundai has never been shy about pushing into new segments so the fact the South Korean automaker elected to take one of the company’s most popular models and turn it into a “hot hatch” should not come as a big surprise.

The result of the effort is the Hyundai Elantra GT Sport, a nifty hatchback that I thought clearly lived up to the GT nomenclature that has been hung on the car.

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The fact is the 2018 Elantra GT Sport spices up the Hyundai’s strong and popular Elantra line. (more…)