2008 Hyundai Sonata Gls 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.

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.

Motorcyclist gives rude driver a taste of instant justice

A British motorcyclist proved that no good deed goes unpunished recently when he tried to return a motorist's wallet and got nothing but abuse for his trouble. According to the Daily Mail, a motorcyclist somewhere in England spotted a driver in a silver Hyundai pull out of a gas station with a wallet and cellphone on the roof. As the driver pulled off, the wallet slid off the roof and landed in the street, where the motorcyclist retrieved it. With wallet in hand, the motorcyclist set off in pursuit of the Hyundai driver, but when he approached the car the driver didn't seem too happy to see him. As the rider approached, the Hyundai driver tried to escape him, then spat a string of profanity at the rider as he pulled up to the car's window. The motorcyclist then flung the driver's wallet at him through the car's open window, whereupon the driver quickly changed his tune. "Thank you so much, bro!" the driver is heard saying in the video. The motorcyclist decided that he'd had enough abuse and wasn't buying the Hyundai driver's improved attitude, so he decided to extract a little revenge. He grabbed the driver's phone off the Hyundai's roof. He held it up to the driver of the car and then casually tossed it on the ground. Then the motorcyclist rode away, presumably believing he'd taught the rude driver a valuable lesson. Related Video: News Source: The Daily Mail Auto News Weird Car News Hyundai Motorcycle road rage good samaritan motorcyclist