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Hyundai, Genesis, Subaru warn their dealers about markups
Mon, Feb 28 2022Six weeks ago, word got out that Ford's VP of sales for the U.S. and Canada wrote one of those "It has come to our attention..." e-mails to the automaker's dealer body. The VP's problem was dealers trying to get reservation deposits for the Ford F-150 Lightning well above the official $100 fee. The tomfoolery resulted in interactions "with customers in a manner that is negatively impacting customer satisfaction and damaging to the Ford Motor Company brand and Dealer Body reputation." Two weeks later, GM told its dealers to cut out the reservation gaming and the markups on the 2023 Chevrolet Corvette Z06, banditry that's been going on for two years. Two weeks ago, Ford was back at it, this time about markups on the Bronco. Last week, Asian automakers swept into the melee, with Hyundai and Genesis, Subaru, and Infiniti writing letters to their dealers to deliver some variant of, "Stop pissing off the customers." Automotive News reported an SVP at Hyundai Motor America and the COO at Genesis Motor North America sent letters to their dealers expressing disappointment at "certain pricing practices which, if left unchecked, will have a negative impact on the health of our brand." One of the practices mentioned was dealer markups, another was the bait-and-switch, with dealers advertising one price then charging a higher price once the customer showed up at the lot. The letters acknowledged that dealers are separate companies to the automakers and have the right to set their own prices. The automakers cannot interfere with that; their leverage is distributing allocations and perks such as advertising support and financial incentives. So, like a movie boss letting the protagonist go on a technicality, the brands wrote, "we cannot stand idly by watching the actions of the aforementioned dealers undo all the efforts we collectively have put into making these brands what they are today." Jalopnik got tipped to a letter Subaru of America CEO Thomas Doll sent to that brand's dealers. Doll's polite yet insistent tone was the result of a letter a loyal Subaru owner sent to the automaker's VP of Customer Advocacy. In the market for a third brand-new Forester, the owner said they encountered a "tax" labeled a "Low Inventory Surcharge" of as much as $6,000, putting the Forester out of reach.
Hyundai tops VW and Buick in China, survey says
Wed, Apr 15 2015You may be aware of the long-time competition in China between Volkswagen and Buick, but another brand apparently should be in that conversation too: Hyundai. In a recently published annual consumer survey, the Korean company actually took the top spot to beat out its German and American rivals in second and third, respectively. The results were part of the China Brand Power Index that interviewed 11,500 people around the nation and was paid for by the country's Ministry of Industry and Information Technology. While Hyundai proved popular with voters, its sales haven't necessarily shown that yet. According to Bloomberg, the brand had falling numbers in China for the first quarter of the year. Even Ford outsold the South Korean automaker in the same period, despite scoring lower on the survey. Meanwhile, Audi ranked as the populace's favorite luxury brand, which is hardly a surprise given the Four Rings' strong sales in China. In January alone the automaker saw a 15-percent boost in volume there. Parent company VW's strong performance was somewhat more surprising, though. State media severely criticized the German automaker in March, and customers protested last year for the allegedly poor handling of a recall.
Hyundai Ioniq EV coming with 110-mile range in US
Mon, Mar 21 2016We've known for a while that the new Hyundai Ioniq line of vehicles will come in three variants: hybrid, plug-in hybrid, and battery electric. As we get ready for more information on the trio at the New York Auto Show this week, we've learned that t he EV, which is slated to go on sale in South Korea in June and in the US towards the end of the year, will have a 28-kilowatt-hour battery pack that's similar to the Kia Soul EV. The Sould EV has a single-charge range of 93 miles, but the Ioniq EV will be able to go as far as 110 miles on one charge, In discussion with Hyundai's Kim Choong, Automotive News learned that despite earlier talk of a 155-mile range for the EV, the 110-mile figure is what the Ioniq will get on the US EPA test cycle, Hyundai spokesman Jim Trainor confirmed in an e-mail to AutoblogGreen on Monday. The longer range figure is what the Ioniq EV will be rated at on the more lenient European cycle. Hyundai revealed its "three-pronged" plan for the Ioniq at the Geneva Motor Show earlier this month. We now know that the EV model will have paddle shifters so the driver can control the level of friction in the car's regenerative brake. Additionally, the EV, as with the hybrid and plug-in hybrid, will have an "eco-routing" navigation system that to make best use of either the range on the EV or the fuel economy on the hybrids. The Ioniq Hybrid debuted in South Korea in January. That variant has already received some attention because Hyundai's Lee Ki-Sang told Automotive News that the hybrid itself will have "standard" and "eco" variants, and that the "eco" version will have a combined fuel-economy rating of 56 miles per gallon, putting it well ahead of the Toyota Prius's fuel economy. That is, if these numbers are all on the same test cycle. Related Video: Featured Gallery 2017 Hyundai Ioniq Electric: Geneva 2016 View 14 Photos News Source: Automotive News-sub.req. via Green Car ReportsImage Credit: Drew Phillips Green Hyundai Electric Hybrid ioniq























































