2013 Hyundai Elantra Gls on 2040-cars

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Hyundai Q1 profit triples, as it adjusts production due to chip shortage

  SEOUL — Hyundai Motor Co posted a first-quarter profit that nearly tripled to its highest in four years as people bought its luxury cars, but warned it would have to adjust production again in May because of a chip shortage. Unlike its rivals, the South Korean automaker staved off production halts in the first quarter, thanks to a healthy chip inventory. But the shortage, exacerbated by factors including a fire at a chip factory in Japan and storms in Texas, is now catching up with Hyundai. Hyundai, which has lagged its rivals in the electric vehicle (EV) race, also said on Thursday that it was developing solid-state batteries and planned to mass produce EVs using solid state batteries in 2030. In February, Hyundai launched its Ioniq 5 electric midsize crossover, the first in a planned family of EVs that it hopes will propel it into the third rank of global EV makers by 2025. Hyundai Motor and Kia together aim to sell 1 million EVs in 2025. In the quarter ended March 31, Hyundai was unscathed as people at home and the United States snapped up its high-margin sports-utility vehicles and premium Genesis cars as the coronavirus pandemic dragged on, fueling car ownership. Net profit surged 187% to 1.3 trillion won ($1.16 billion) from 463 billion a year earlier, when business slumped as countries shut down to limit the spread of the coronavirus. This was in line with an average Refinitiv SmartEstimate. Revenue rose 8.2% to 27.4 trillion won. Hyundai is expected to report net profit of 1.4 trillion won for the April-June period, up 536% from the corresponding period a year earlier, Refinitiv SmartEstimate showed. Hyundai affiliate Kia Corp reported operating profit of 1.1 trillion won for January-March, up 142% on the year. Hyundai, which together with Kia is among the world's top 10 automakers by sales, has temporarily paused production three times since the beginning of this month and saved chips for its most popular models. "The condition of semiconductor parts is being a little more prolonged than we expected," said Seo Gang-hyun, an executive vice president at Hyundai. "As the semiconductor procurement condition is rapidly changing, it's difficult to predict production status after May.

2017 Hyundai Elantra priced from $17,985

The 2017 Hyundai Elantra arrives at dealers in January with a new design and expanded range of tech for a starting price of $17,985 (including $835 destination), which gives buyers access to the latest vehicle's improvements for $100 less than the MSRP of the 2016 model. It also means the Hyundai comes in about $1,500 less than a base 2016 Honda Civic that just won the 2016 North American Car of the Year. The Elantra SE and Limited trims both use a 2.0-liter four-cylinder running on the Atkinson cycle that makes 147 horsepower and 132 pound-feet of torque. The company offers the base SE with a six-speed manual, but the six-speed automatic takes the model's price to $18,985. The SE doesn't come with too many frills, but the $800 Popular Equipment Package on the automatic adds features like a 7-inch Display Audio system with Apple CarPlay and Android Auto support, a rearview camera, and cruise control. For another $1,300, the Tech Package provides LED running lights, blind spot detection, dual-zone climate control, heated front seats, and more. The Limited trim only comes with the six-speed automatic and starts $23,185. It gets expanded standard features like leather seats and LED taillights. A $2,500 Tech Package adds things like an 8-inch infotainment system with navigation, upgraded stereo, and sunroof. The $1,900 Ultimate Package then bundles HID headlights, memory seats, automatic emergency braking, lane-keeping assist, and smart cruise control. Hyundai will announce pricing and details for the Eco trim closer to the launch this spring. The model will use a turbocharged 1.4-liter four-cylinder and seven-speed dual-clutch gearbox to get an estimated 35 miles per gallon combined fuel economy. There will also be a Sport model later in the year, but the automaker hasn't announced any further details of that model yet. Related Video: X ALL-NEW 2017 HYUNDAI ELANTRA PRICED AT $100 LESS THAN THE AWARD-WINNING MODEL IT REPLACES - STARTS AT $17,150 Value-Packed Elantra Offers Leading Technology and Generous Amenities Including Automatic Emergency Braking with Pedestrian Detection, Smart Cruise Control and Dynamic Bending Light FOUNTAIN VALLEY, Calif. Jan. 15, 2016 – Hyundai Motor America today announced pricing for the all-new 2017 Elantra starting at $17,150.

2024 New York International Auto Show not-so-mega photo gallery

The 2024 New York Auto Show press preview is in the bag and the public show has begun, and that means only one thing: Our work here is done. But really, we've been done since about mid-morning on Wednesday. As you'll see from the paltry selection of galleries below, the 2024 New York Auto Show wasn't much of one. And what there was? Well, in a word, it was Hyundai.  As you scroll through the galleries below, you'll note that we have items from essentially two global conglomerates. In one corner, there's Hyundai, Genesis and Kia. In the other, we have Nissan and Infiniti. But that's being a bit generous to Nissan and its luxury subsidiary, because while this is the first chance we really had to see the Nissan Kicks and Infiniti QX80 in person (and that's not even entirely true of the latter), they weren't actually revealed at the show.  New York has never been America's biggest "international" auto show, but it has been the venue for some big unveilings. In 2012, the new SRT Viper debuted to great fanfare at NYIAS; the Lincoln Aviator made a big splash in 2018; how about the Alfa Romeo 4C in 2014? And those are just cherry-picking from the past decade. By comparison, the 2024 show feels a bit uninspired. Yes, we would have liked to have seen some Vipers. Sue us.  But we'll stop dwelling on what we can't resurrect. There's plenty to see at the show this year if you're planning to go in person, so don't let our negativity deter you. For those who can't be there, here's what you're missing: Genesis G80 Magma View 9 Photos 2025 Genesis G80 Magma Genesis GV60 Magma Concept View 10 Photos 2025 Genesis GV60 Magma 2025 Hyundai Tucson XRT View 14 Photos 2025 Hyundai Tucson 2025 Hyundai Santa Cruz XRT View 11 Photos 2025 Hyundai Santa Cruz InfinitiQX80-Z63-051 View 39 Photos 2025 Infiniti QX80 2025 Kia K4 Live View 7 Photos 2025 Kia K4 Sedan 2025 Nissan Kicks View 10 Photos 2025 Nissan Kicks     New York Auto Show Genesis Hyundai Infiniti Kia Nissan