2014 Hyundai Elantra Gt Base on 2040-cars

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Hyundai missing Q1 earnings targets blamed on slow US sales

Slow US growth is hampering profits at Hyundai. In its first quarter financial statement, the Korean automaker reported a profit of 1.93 trillion won ($1.86 billion). According to Reuters, this is less than analysts' expectations and nearly the same as last year.
According to the report, US sales fell by 3 percent in Q1 2014. To make matters worse, the high value of the South Korean currency caused lower profits on models exported from there. On the bright side, Hyundai's Chinese sales rose by 9 percent, according to Reuters. It's also working on building a fourth factory there.
The company has had a rough time in the US throughout the quarter. John Krafcik, the CEO of Hyundai of America, stepped down on January 1, and the company was already predicting slow growth in sales for 2014. Falling quality scores for the Sonata and Elantra aren't helping matters either. However, there may be hope on the way. The second-generation Genesis Sedan was introduced to the US in Detroit, and the redesigned Sonata was recently shown in New York. Successful launches of these important models could prove crucial.

Hyundai readying Juke rival with 'edgy, dynamic styling' for 2017

Love it or hate it, the Nissan Juke has drawn attention to itself and to its maker. Little wonder, then, that Hyundai wants to follow a similar formula.
According to our compatriots over at Edmunds, Hyundai has a whole raft of new products in the works - as you'd expect from the world's fourth-largest automaker - including replacements for the current Tucson and Elantra sometime next year, but also a subcompact crossover to target the Juke, not to mention tiny softroading rivals like the forthcoming Chevrolet Trax. Details at this point are few and far between, but it appears Hyundai is committed to making it as zany as the Nissan it will target. The Korean automaker revealed the Curb concept (pictured above) along similar lines at the 2011 Detroit Auto Show.
Hyundai Motor America CEO Dave Zuchowski tells Edmunds not to expect a mini Tuscon, but to "Think of maybe something that looks like a Juke or something that has edgy, dynamic styling." Considering how off-the-map Hyundai went with the Veloster and its unconventional array of doors, we know the Korean automaker can think outside the box for this Gen-Y crossover. Whether the edge tiny CUV market has space for more than the Juke, however, is another matter. One way or another, look for the tiny Korean crossover to arrive sometime in 2017.

Hyundai Genesis V8 HTRAC may come with performance orientation

When the second-generation Hyundai Genesis arrives in dealers, customers looking for the new all-wheel-drive variant will need to settle for the 3.8-liter V6. This is no bad thing, as the V6 is a sound engine, but what if you want that brawny, 429-horsepower, 5.0-liter V8? For now, you're stuck spinning the rear wheels.
A report from AutoGuide, though, claims that the new HTRAC all-wheel-drive system could be mated up to the Genny Sedan's optional V8 engine at a later date, as part of a new performance version. According to spokesman Miles Johnson, a performance-minded Genesis, perhaps in the same vein as the first-generation R-Spec, is being looked at by the powers that be at Hyundai and that there "may be a market demand for such a model."
Whether it'd add on to the V8's 429 ponies, or simply shore up other parts of the car while adding the AWD system remains to be seen. Of course, if we hear any more on an AWD, V8-powered, performance version of the new Genesis Sedan, we'll be sure to let you know.