2007 Hyundai Sonata Limited Sedan 4-door 3.3l on 2040-cars

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Hyundai sales slump in China over North Korea, standoff with Chinese partner

BEIJING/SEOUL — Hyundai is at loggerheads with its Chinese partner over efforts to cut supplier costs, as they grapple with cutthroat competition and the impact of a standoff between Beijing and Seoul. Hyundai, along with affiliate Kia, has been caught up in a political row over a missile defense system that is being deployed in South Korea, but opposed by China, as tensions grow over North Korean missile tests and last week's test of a nuclear bomb the North claims can be mounted on a missile. Sales of Hyundai cars in China have been falling, part of a backlash against South Korean brands over the missile system that China views as a threat to its own national security. On Tuesday, South Korea asked the United States to lift a limit on the explosive payloads it can use in the missile system. This as a North Korean missile, believed to be an intercontinental ballistic missile, was being tracked by intelligence services being moved on the ground toward North Korea's west coast and a possible launch site. That has come against the backdrop of ever tougher competition from local Chinese automakers. Until last year, Hyundai and Kia ranked third in China by sales. But Hyundai's sales alone have slumped 41 percent from January to July, fraying relations with local partner BAIC Motor Corp and making this the biggest crisis since Hyundai entered the Chinese market in 2002. Last month, Hyundai suspended production at its four China plants for a week after a French supplier refused to provide fuel tanks when its bills went unpaid. On Tuesday, Hyundai suspended production at one of its plants in China after a German firm went unpaid. Hyundai and BAIC — whose Beijing Hyundai joint venture is a 50:50 partnership — are divided over how to solve the issue of suppliers and tougher competition. Hyundai wants to protect its South Korean supply chain, while BAIC favors shifting to cheaper Chinese suppliers to cut costs, the people said. "BAIC wants to solve this aggressively and is ... asking Hyundai to change its sourcing strategy significantly and immediately," said the head of a Hyundai supplier based in Seoul, adding the idea was to source more locally from cheaper suppliers in China. Hyundai wants to solve this more gradually "over perhaps 5-10 years and do so in phases," the person said. BAIC declined to comment.

Hyundai Ioniq Scooter Concept | Autoblog Minute

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2018 Hyundai Accent starts at under $16,000

Hyundai has finally announced pricing for its latest Accent subcompact. The cheapest base-level SE trim is equipped with a 6-speed manual transmission and starts at $15,880, and adding a 6-speed automatic bumps that price up $1,000. Moving up to the mid-level SEL will cost at least $18,180, and the top-trim Limited starts at $19,780. Both of these trims are only available with an automatic. All versions come with the same naturally aspirated 1.6-liter four-cylinder making 130 horsepower and 119 pound-feet of torque. The SE trim comes reasonably well equipped for a budget subcompact including air conditioning, power windows, cruise control, and Bluetooth. While one might expect those to be standard on every car now, that's not exactly the case. For example, the base level Kia Rio does not come with power windows, cruise control, or Bluetooth, though the Rio is also expected to cost a bit less than the Accent. Choosing SEL adds a number of more desirable features including four-wheel disc brakes, alloy wheels, a bigger touch screen, Apple CarPlay and Android Auto, automatic headlights, heated mirrors and a telescoping steering wheel. The Limited offers even more convenience features such as forward collision avoidance, LED lights, sunroof, bigger alloy wheels, keyless entry, heated seats and automatic climate control. All versions of the Accent should be arriving at dealers soon. Related Video: