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Hyundai looking to add plant in Mexico

Mexico is rapidly becoming the go-to place for North American auto production, and companies including Toyota, General Motors, and Audi are all building new plants, expanding or shifting some production there. Now, Hyundai is investigating joining them in the future. "I'm sure that over the years we'll see production of Hyundai products in Mexico," Pedro Albarran, managing director for the automaker in Mexico, said to Bloomberg. Albarran indicates that a likely location for such a factory might be the state of Nuevo Leon, where Kia also has a forthcoming $1 billion plant. The site would be an ideal location near suppliers. It's probably going to be a while before any of Hyundai's models start coming out of Mexico. According to Bloomberg, the automaker wants to wait to make a final decision until sales there reach around 50,000 annual units, and that benchmark isn't expected until 2018. While Kia's plant is slated to have a capacity around 300,000 vehicles a year when it opens in 2016, Albarran thinks Hyundai might start smaller at just over 100,000 annual examples. Some of those would likely include subcompact models for the Mexican market. The Korean automaker was rumored to be looking into a factory south of the border as far back as 2013.

New Hyundai Veloster N sports a big wing under its camouflage

Hyundai is deep into development of the second-gen Veloster, the follow-up to the odd asymmetric hot hatch. The first car was good, but it wasn't quite great, missing the mark on a number of details. In the intervening years, Hyundai products have improved across the board and no longer require any hedging or justification as a value proposition. Hopefully the same is true with the new car. The spy photos we have hear appear to show the Veloster N, the high performance version of the hatch. N is Hyundai's new in-house tuner. The group is working on a more powerful version of the i30, known in the US as the Elantra GT. Despite the camouflage, we can see that the Veloster in these photos has a number of upgrades that give away the N tuning. This includes large wheels, big brakes with red calipers, big exhaust outlets, and what appears to be a large Civic Type R-style wing. There are few other details we can make out, but the most obvious and notable is the asymmetric door setup. The car will have two doors on the passenger side and just one on the driver's side, just like the first model. We don't know how much power the car will make, but expect somewhere close to 250 horsepower from a turbocharged four-cylinder. Look for a full reveal sometime in the next year. Related Video: Featured Gallery Hyundai Veloster N spy shots View 16 Photos Spy Photos Hyundai Hatchback Performance hyundai veloster n

Hyundai tops Toyota in annual CarMD Vehicle Health Index

CarMD has released its third annual Vehicle Health Index, which for the 2013 tracked the frequency and cost of repairs for "check engine" problems of 119-million vehicles built between the 2003 and 2013 model years. For the first two years of the index, Toyota ranked at the top of the list, but this year's results see Hyundai moved to number one, pushing Toyota down a spot.
The Korean automaker's rise to the top has been "fueled by its low repair frequency," according to CarMD. Toyota is second to Hyundai in lowest repair frequency, but Toyotas also have the highest average cost of repair. (Interestingly, General Motors vehicles have the lowest average.) Both Toyota's and Hyundai's manufacturer "health" ratings suffered this year, but Toyota took a bigger hit, which also is what helped Hyundai achieve the top ranking.
While Hyundai is the top manufacturer in the index, the 2012 Toyota Camry is the top vehicle. The best-ranking Hyundai was the 2010 Elantra (behind three Nissan models and four Toyotas), which took the number eight spot. Hyundai has six other vehicles in the top 100.