According to Reuters, the number of foreign cars currently sold in US exceeds sales manufactured by the three giants. This is the first time in the history of GM, Ford and Chrysler that their brands have failed to outdo their foreign rivals.
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Tag - Hyundai
Though CNG is gaining ground as a petrol substitute in India, yet the domestic automakers do not hold much faith in it. As a result, Society for Indian Automobile Manufacturers (SIAM) has written to the government to ensure availability of hydrogen...
Experts have predicted an inevitable growth in the Indian diesel car sector. Therefore, many Indian luxury car producers have made big plans to move over to diesel models.
The fever has even caught automakers like Audi, BMW and Mercedes, who from now...
According to the statement made by Hyundai India, the company wants to become the leading car manufacturer in India. Hyundai has earmarked a $860 million investment for a second plant to increase its installed capacity to six lakhs by next year.
To...
Fearing the National Highway Traffic Safety Administration command, automakers have agreed to lower the front ends of sport utility vehicles and pickups to lower the harm done to smaller car on collision.
The new law requires lowering by half an inch...
Despite all the allegations, Hyundai is determined to climb up the ladder. Fearing, being left out, on the growing 'soft-roader' sector, it has plans to launch Getz Cross.
The Getz Cross, is being developed for the Scandinavian market. However,...
Hyundai embezzled about 137.2 million dollars, caused about 412.6 million dollars worth of damage to the company's interests and keeps mum on the issue. And this is about to cause the company greatly and among the worst hit seems to be the Chinese...
Scandals, scams and allegations have not deterred Hyundai from its plans to expand globally. Amidst, all the problems brewing, Hyundai is still going ahead with its plan to construct $1.26 billion dollar plant in the Czech Republic.
As stated by...
South Korean car maker and the second largest business group in Korea 'Hyundai' are on the brink of bankruptcy. So are they already neck-deep in it? Korea Times reported that two people from the government owned Korean Development Bank have already...
Hyundai will be showing its teeth to the European auto makers by building a third of a million cars per year in the Czech Republic. A huge plant will be established in the Czech Republic by the South Korean manufacturer costing £700m and employing








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