2014 Hyundai Elantra Se 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.

2021 Ford Bronco is here, and a Stellantis is born | Autoblog Podcast #636

In this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by West Coast Editor James Riswick and Road Test Editor Zac Palmer. They kick things off by diving headfirst into the Ford Bronco and Bronco Sport before moving to what they've been driving: 2020 BMW X3 xDrive 30e, 2020 Hyundai Ioniq Hybrid and a 2020 Ford Expedition. Then, the three tackle Stellantis, Chrysler's new corporate name. Finally, James and Zac reminisce and discuss their time in a couple classic Honda coupes. Autoblog Podcast #636 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown Introducing the 2021 Ford Bronco and Bronco Sport Cars we're driving 2020 BMW X3 xDrive 30e 2020 Hyundai Ioniq Hybrid 2020 Ford Expedition News Stellantis Retro Hondas 1999 Honda Prelude Type SH and 1999 Honda Civic Si Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video:

2019 Hyundai Kona Electric starts under $30,000 with tax credit

The vital final detail to the 2019 Hyundai Kona Electric is here: pricing. The base model starts at $37,495 before the $7,500 federal tax credit, meaning that with the credit, it starts at $29,995. That just happens to be the same as Chevy Bolt EV. Well, now at least, as the tax credit is likely going to run out in the next few months for GM and the Bolt EV. Once GM has sold 200,000 electric cars, the credit will drop to $3,750 for six months, and then to $1,875 for six more months, and nothing after. In addition to having a base price that matches the Chevy Bolt EV, the Hyundai Kona Electric has a few choice features that makes it an even more attractive deal. The Kona has a range of 258 miles, 20 more than the Bolt EV's 238 miles. The Kona also includes DC fast charging capability as standard. To have that feature on the Bolt EV, you'll have to shell out an extra $750. The Bolt EV does have an advantage over the Kona Electric, though: it's available everywhere, right now. The Hyundai Kona Electric will start hitting dealers early in 2019. Unfortunately, it will only be available in western and northeastern states with zero-emissions vehicle criteria. They're also states with drivers more likely to embrace electric cars. Hyundai hasn't announced release windows for other U.S. states. Related Video: