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2004 hyundai santa fe 3.5l v6 awd 5speed sport shift book value is $4400
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Hyundai-Kia forecasts slowest sales growth in 8 years
Thu, 02 Jan 2014Even with the arrival of the new Hyundai Genesis Sedan (above) and the expected introduction of at least two other new vehicles in 2014, Hyundai-Kia is estimating its sales will only increase by about 4.1 percent this year. Bloomberg has found that figure, which works out to a total of 7.86 million vehicles worldwide, to be lower than average analyst estimates of eight million vehicles. If the automaker is correct, that figure will represent the most sluggish growth for the Korean brands since 2006.
Based on an exchange rate of 1,050 won to the dollar - right now it's trading at anywhere from 1,050 to 1,052 depending on where you look - Hyundai is predicting a 3.8-percent uptick for sales of 4.9 million units, while Kia is expecting a 4.7-percent uptick for sales of 2.96 million units. That exchange rate is predicted to be part of what will hamper sales this year, with a stronger South Korean won making Japanese cars more price-competitive when cross-shopped. It's unclear how Hyundai derived its exchange rate, but 1,050 won to the dollar almost matches the 52-week high for all of 2013.
The company chairman mentioned a "low growth era" in the world economy, and weaker US sales are rumored to at least part of the reason John Krafcik recently vacated the post of Hyundai Motor America CEO, a post that has been filled by executive vice president of sales, David Zuchowski. That unexpected news capped a year in which two top execs resigned over quality issues and recalls and Hyundai agreed to settle a consolidated lawsuit over inflated fuel economy ratings for $395 million.
Watch Hyundai's rorty i30 N blast snow around
Wed, Mar 15 2017With less than a year to go before Hyundai reveals its first N-branded car, the company has released a new video giving us a peek at the car's snowy drifting chops. Despite the fact that this i30 N is clearly front-wheel drive (with a limited-slip differential, the company says), we're sure it was easier to slide the hot Hyundai around thanks to the inclusion of a traditional, manual handbrake. The video also shows that the i30 N will be offered with a true manual transmission, and it will have quite a raucous exhaust. It's a note that a number of editors here find rather unpleasant, but the office isn't in consensus on the topic. The body looks like it may be a bit restrained, since there aren't any large wings or splitters, but there could be a very aggressive-looking grille lurking beneath the camo. Hyundai also narrowed down the release window to the second half of this year. It seems the launch will start in Europe, but we expect the car will come here early next year as well, especially considering the availability of the standard i30 here as the Elantra GT. Related Video:
IIHS Top Safety Pick and Top Safety Pick+ awards get tougher: Here are the latest winners
Thu, Feb 13 2020Automakers love to trumpet the accolades from the Insurance Institute for Highway Safety, but the agency keeps making its best grades harder to achieve. For 2020, it is raising the bar again, requiring a better score in the passenger-side small-overlap crash test, wider availability of top-performing headlights, and automatic emergency braking systems that effectively avoid collisions with pedestrians, in addition to its previous benchmarks. Why the 2020 criteria is harder: To be named either a Top Safety Pick or Top Safety Pick+, the required performance in the passenger-side small-overlap crash test has been raised from Acceptable to Good, meaning that the model must achieve Good ratings in all crash tests. The Nissan Rogue, for example, scored an Acceptable in the passenger-side small overlap crash, and so it loses its Top Safety Pick rating for 2020. To achieve either of the top ratings, a vehicle's automatic emergency braking system must effectively avoid hitting pedestrians as well as other vehicles. (The automatic emergency braking system can be optional, but then the award applies to the model only when so equipped.) Any vehicle whose automatic emergency braking system does not include pedestrian detection would lose its TSP or TSP+ rating for 2020, the Ram 1500 being one example. To be named a Top Safety Pick+, the model can have no variant with headlights that achieve less than an Acceptable rating (most new cars have different headlights — often LEDs — that are exclusive to upper trim levels).
