Tag Archives: hyundai

IONNA Breaks Ground on So-Called Rechargery for EVs

IONNA, a charging network founded by eight automakers – BMW, General Motors, Honda, Hyundai, Mercedes-Benz, Kia, Stellantis and Toyota –  announced today the ground breaking for the first IONNA ‘Rechargery.’ It is remaking a historic district gas station into an EV charging station in Apex, North Carolina. AutoInformed notes the irony, and also  that the town was built around a railroad steam engine refill pond, which the workers dubbed Apex. Continue reading

Posted in alternative fuels, auto news, electric vehicles, global warming, marketing, milestones, news analysis, public health, shows and events | Tagged , , , , , , , , , , , , , , , | Leave a comment

Toyota Joins IONNA EV Charging Network in North America

IONNA and Toyota Motor North America (NYSE: TM) said today announced that Toyota has joined seven other automakers as an investor in IONNA* to support the build-out of its charging network for battery electric vehicles (BEVs) across North America. This … Continue reading

Posted in news analysis | Tagged , , , , , , , , , , , , , , | 1 Comment

Seven Automakers to Build North American Charging Network

The awakened policy shift from partisanship toward cooperation in saving the planet for the pernicious effects of climate change, aka global warming, is the latest beneficial result of the Biden Administration’s Inflation Reduction Act, which in part is using once eschewed and mocked national industrial policy to effectively serve all – as in We the People – in the US. The socialist aspects of the policy also have larger global benefits as well. Continue reading

Posted in AutoInformed Editorial, connected vehicles, electric vehicles, environment, global warming, milestones, public health | Tagged , , , , , , , , , | Leave a comment

Hyundai Motor Group, SK On Approve US Battery Cell JV

In November 2022, the Group signed a memorandum of understanding (MOU) with SK On to secure EV battery supply for North America. The total investment amount for the joint venture is expected to be  ~$5 billion, with the Group and SK On each holding a 50% stake. Continue reading

Posted in electric vehicles, manufacturing | Tagged , , , , , , , , | Leave a comment

Hyundai Motor, Michelin MoU to Develop Tires for Premium EVs

It appears a prime motivator of the new research is on tire performance to accommodate the increases in vehicle weight that will occur as automakers rush to convert or spawn EVs in the utility vehicle and luxury segments, which generally speaking are larger and less efficient than their counterparts in the more modestly priced car segments. As the size, weight and range of EVs continue to increase, so do the demands placed on the tires. Continue reading

Posted in autonomous vehicles, electric vehicles, environment, mobility company, news analysis | Tagged , , , , , , , | Leave a comment

Hyundai Revives Job Loss Protection. Genesis Joins

Originally started in January 2009 as a result of the financial crisis, the Hyundai Assurance Job Loss Protection program was the first of its kind for an automaker in the U.S. Continue reading

Posted in economy, marketing | Tagged , , , , , , | Leave a comment

Hyundai and Kia Caught in EPA Mileage Rating Fraud

The U.S. Environmental Protection Agency (EPA) today announced that Hyundai Motor America and Kia Motors America will lower their fuel economy (mpg) estimates for the majority of their model year 2012 and 2013 vehicles after EPA testing found “discrepancies” between agency results and data submitted by the company. The fraud produced mileage claims that could be as much as 6 mpg higher than EPA tests showed. About 900,000 vehicles are affected in the largest mileage scam to date. Continue reading

Posted in auto news, fools 'n frauds, fuel economy or emissions, news analysis | Tagged , , , , , , , , , , | 5 Comments

Toyota, Honda Post Huge September Sales Gains, Nissan Stalls

Worrisome for competitors were increases in market share of 2.6% at Toyota, and 1.2% at Honda year-over-year, according to AutoData. Each percentage point in share is worth roughly $1 billion dollars in profits, according to an old industry rule of thumb. Left as road kill was Nissan whose share dropped more than 1% with sales of 92% units. Continue reading

Posted in auto news, marketing, news analysis, results, sales | Tagged , , , , , , , , , , , | Leave a comment

Japanese Big 3 – Toyota, Honda, Nissan – Sales Up in May

Toyota Motor came close to displacing Ford Motor from its assumed Number 2 spot in the U.S. by posting monthly sales of 202,973 – within a rounding error of Ford’s 215,699 and firmly putting Toyota in the Number 3 sales spot for the year-to-date. The other Japanese powerhouse members were also back in shape. American Honda posted sales of 134,000 (576,000 ytd) easily ahead of the Nissan at 92,000 (485,000 ytd). With a new Accord and Altima due this fall, the family car market is about to becomes more competitive than it has been in years, which is good for buyers but might leave weaker and older entries as road kill. Continue reading

Posted in auto news, marketing, results, sales | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Iran Auto Production Down 27% as UANI Blasts Peugeot and Nissan for Ongoing Business with Islamic Revolutionary Guard

The auto industry represents 20% of Iran’s GDP that is dominated by the Islamic Revolutionary Guard Corps. UANI has developed model legislation, The DRIVE Act, to force auto manufacturers to choose between American taxpayers and the regime. The DRIVE Act requires automakers to certify they are not engaged in any business in Iran, or engaged in the implementation of any agreement with Iranian entities in order to be eligible for U.S. government contracts or financial assistance. Continue reading

Posted in auto news, news, news analysis, people, transportation | Tagged , , , , , , , , , , , , , | Leave a comment

Hyundai Sales Flat in April as Capacity Constraints Hurt

“Never has a relatively flat sales month felt quite so good,” said Dave Zuchowski, Hyundai Motor America’s executive vice president of national sales. The question facing Hyundai remains how to increase production to find out what is the true demand for its hot selling, highly styled vehicle lines? It has been clear for more than a year now that Hyundai needs another plant, a risk that management has so far been reluctant to take. Continue reading

Posted in auto news, manufacturing, results, sales | Tagged , , , , , , , , , | Leave a comment

Hyundai Joins ACEA as European Auto Sales Slump Continues

The irony is that European automakers remain opposed to the terms of the Korean FTA, which went into effect last July. Automobiles are now the largest export product of the South Korean economy. Its car industry with a production of 3 million cars per year, of which 2 million (64%) are exported – 300,000 of which were sent to the EU in 2010. ACEA points out that by contrast, 74% of cars produced in the EU are also registered in the EU. Because of its size and importance, the EU is a key target market for Korean manufacturers, but “uneven implementation will place the whole EU economy at a disadvantage,” according to the trade group. Continue reading

Posted in auto news | Tagged , , , , , , , , | Leave a comment

European Auto Sales down in 2011 for Fourth Straight Year

For the year American automakers General Motors finished fourth with a flat 8.7% share. Fifth place Ford Motor (8%, a slight decline) made no sales progress either, even though both companies have introduced a series of new models. Sixth place Fiat – the owner of Chrysler courtesy of American taxpayers – continues to struggle along with Italy, off almost a full percentage point in share to 7.1%. One bright spot – Jeep sales are up 63% from an admittedly small base to more than 22,000 units. Continue reading

Posted in auto news, marketing, news, news analysis, results, sales | Tagged , , , , , , , , , , , , | Leave a comment

First Lifetime Hybrid Battery Warranty On Hyundai Sonata

The announcement appears to be an opportunistic and pre-emptive use of public relations, given current Chevrolet Volt battery fire concerns. The Chevrolet Volt uses the same supplier – LG Chem – as the 2011 model Sonata Hybrid. Model year 2012 Sonata hybrid versions are just about to go on sale since Hyundai is still clearing out inventories of its 2011 Sonata Hybrid. This is a rare sales setback for Hyundai, which also captured the North American Car of the Car of the Year award for its Elantra compact car at NAIAS, and reflects a larger hybrid sales problem that most automakers have. Continue reading

Posted in alternative fuels, auto news, electric vehicles, marketing, news analysis, safety | Tagged , , , , , , , , , | Leave a comment

President Obama and South Korean President Lee Defend Korean FTA at a Michigan General Motors Small Car Plant

President Barack Obama and South Korean President Lee Myung-bak toured the General Motors Orion Assembly Plant on Friday and spoke to several hundred workers and guests in support of the pending U.S-South Korean Free Trade Agreement. The rally came as U.S. long term unemployment remain at record post Great Depression levels. Korea is the fifth largest producer and fourth largest exporter of motor vehicles in the world, and – up to now – its car market has been closed. Continue reading

Posted in auto news, economy, labor issues, news analysis, people, results, sales | Tagged , , , , , , , , , , , , , , , , | 1 Comment