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The new Hyundai Veloster will have a driver-focused interior

We've had a number of solid glances at the Hyundai Veloster's exterior while testing, but this is our first look at the car's interior. And it's a seriously good look. About the only thing hiding the dashboard is some snazzy zebra-print vinyl wrap. We can tell from these new spy photos that the Veloster's interior is more focused on the driver than other Hyundais. The center stack is canted slightly toward the driver, and it's a bit asymmetrical, favoring the person behind the wheel. At the top of the center stack is a large touch screen that protrudes from the dash, but it looks a bit more integrated than the screen found in the Elantra GT, as it's nestled between two air vents. We have reason to suspect this is a Veloster Turbo model, which may be renamed Veloster Sport to fit nomenclature used on the Elantra line. The steering wheel is leather-wrapped and has a metallic red accent in the bottom spoke, just like the wheel in the Elantra Sport models. The shifter also has an accent in the same red color as the one on the wheel. We doubt this could be a Veloster N, though, as the seats don't seem aggressive enough, and there don't appear to be any accents in the performance sub-brand's trademark light blue. We expect to see this interior fully revealed, along with the rest of the Veloster lineup, by the end of the year. It will be available in three versions, an entry-level model, a peppier Turbo or Sport version with the outgoing model's center exhaust and more aggressive looks, and a high-performance N model that will probably use the Elantra i30 N's 271-horsepower turbo engine. The Veloster N will also have the most aggressive looks, featuring a large rear wing. Related Video:

Hyundai boosted production in March, so now its cars sit in U.S. ports

SEOUL — As Detroit's automakers shut production in March due to the coronavirus pandemic, South Korea's Hyundai cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world's fifth-largest auto group. Hyundai ramped up domestic production to as much as 98% of capacity by late March, not only as the Korean market was recovering from a bad February but also because it bet on demand for Tucson SUVs and other models from U.S. customers, its biggest overseas market outside of China. While Hyundai is one of few global automakers whose production has recovered at home, its exports optimism has been dampened by the severity of the U.S. outbreak, weak consumer sentiment and as rivals have quickly moved to guard their turf. Consignments of cars shipped from South Korea are now sitting in U.S. ports, with dealers slow to take deliveries because of slumping sales and rising inventory, four people with knowledge of the matter told Reuters. The company idled a Tucson production line at home last week for five days, while sister firm Kia is looking to suspend three Korean plants for a week. And analysts now expect a sharp drop in first-quarter operating profit when it reports results on Thursday and some even forecast a second-quarter loss. "I hope that the situation will recover by the middle of next month. If not, we might have to lay off some people," said Brad Cannon, general manager of an exclusive Hyundai dealership in California, whose sales are down more than 50% from when the pandemic started. Hyundai runs a factory in Alabama — which is closed until May 1 — but imports are key to meet U.S. demand. Only about half of its vehicles sold in the United States are made in North America compared to between 68% and 85% for Japanese rivals Toyota, Nissan and Honda, who have also suspended production there till May. The South Korean company makes about 61% of its cars overseas, up from 48% a decade ago. That leaves it vulnerable to overseas factory shutdowns and shrinking demand outside of its home market. Hyundai's South Korean factory operation, which had recovered from a component shortage from China to nearly 100% capacity by March, could fall to as much as 70% in April, the company recently told analysts. "We will continue to monitor the situation and take appropriate action promptly," Hyundai said in an emailed statement. Minimizing the impact For its part, Hyundai has taken measures to minimize the impact.

Auto execs surveyed say VW, BMW most likely to grow

A new survey of top global automotive executives indicates both Volkswagen and BMW are the most likely to grow their market share over the next five years.
Tax advisory firm KPMG LLP has released its 14th annual Global Automotive Executive Survey, which includes responses from over 200 executives. A total of 81 percent of respondents said they expect to see Volkswagen make gains, compared to 70 percent last year. BMW, meanwhile, saw 70 percent of those surveyed say they believe the company will increase its market share. That's a jump of 7 percentage points over last year. This is the first time in the history of the survey that BMW has claimed the second-place spot.
Meanwhile, Hyundai has seen its perceived market share potential slacken for the third year in a row. Around 61 percent of those surveyed predicted gains for Hyundai, down from 63 in 2012. Toyota also has a surprising year, but for just the opposite reason. While the manufacturer had slipped in ranking since 2011, it enjoyed the largest increase of any company in the 2013 survey, jumping to 68 percent from 44 percent last year.