Oct14
The 2012 Veloster may be Hyundai's new hotness, but the Genesis Coupe is still its flagship performance car. And with this year's SEMA show right around the corner, Hyundai is quickly readying a full fleet of tuner cars to debut in Las Vegas. Here, we see the Genesis Hurricane SC – a collaboration between the Hyundai America Technical Center (HATCI) located near Ann Arbor, Michigan, and companies like Magnuson Products, Rhys Millen Racing, Harman International and Torvec Inc.
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Jul28
The federal government proposed a new plan for a corporate average fuel economy standard (CAFE) for the years 2017 through 2025. Under the plan, the government is recommending a CAFE standard of 54.5 miles per gallon by 2025 for vehicles. In a poll conducted by LeaseTrader.com, the most recognized name in car leasing, 63.6 percent of respondents
Apr29
Automaker earnings have been mostly impressive so far, and Kia is no different. Reuters reports that the Korean automaker has posted earnings of $890 million for the first quarter of 2011, up 91 percent compared to the $466 million profit from Q1 2010. Overall revenue for the quarter was $10 billion, up 37 percent year over year. Kia's healthy earnings come as sales rose 30 percent to 619,089 units. The automaker fared especially well in South Korea, China and the United States...
Apr20
The new initiative will be go into effect starting in May, and affects all Hyundai models. The actual value of Hyundai's models will be determined by the Automotive Lease Specials Guide forecast of future value. Hyundai is quick to point out that the residual value for its models is now among the highest in the industry and it's saying that this new program offers one of the major benefits of a Lease Specials program, but with all the benefits of actual vehicle ownership.
Sep27
National Highway Traffic Safety Administration (NHTSA) has just issued a recall for the 2011 Hyundai Sonata for over steering issues.
Apr30
Hyundai is working on a brand new generation of its Elantra sedan that’s due to go on sale later this year as a 2011 model, but we can already get a look at the new car thanks to the unveiling of its South Korean cousin, the Avante, at the 2010 Busan Auto Show this week.With sportier and even more elegant lines than its predecessor, the new Elantra features a design shared with the 2011 Hyundai Sonata and dominated by a coupe-like profile with tapered back headlights