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Hyundai hits milestone with 10 million cars sold in US
Fri, Oct 30 2015Hyundai entered the US market in 1986, and initial success with the Excel was followed by a difficult period of quality woes. The company refused to bow out of the country, and began a turnaround. Now after nearly 30 years, the automaker is a highly respected player in the market and is celebrating the milestone of selling its 10 millionth vehicle in the US. Amazingly, just five models make up nearly 85 percent of Hyundai's lifetime US sales, and unsurprisingly the Scoupe isn't one of them. The brand's bestselling model in that time is the Sonata with nearly 2.5 million examples on the road and 24.98 percent of the company's total volume. At 24.85 percent of deliveries, the Elantra barely squeezes into second place, and the Santa Fe is a somewhat distant third with about 1.25 million deliveries. Rounding out the top five are the Excel – Hyundai's first US model – at 11.47 percent and the Accent at 11.03 percent. Since opening in 2005, Hyundai Motor Manufacturing Alabama has been responsible for a healthy portion of those 10 million total sales by assembling 2.66 million vehicles, including the Sonata and Elantra. "About 56 percent of the cars Hyundai sells in the United States are made here," company President and CEO Dave Zuchowski said in the milestone's announcement. Take a look at where Hyundai is today and at some of its vintage models in the gallery above. With volume up consecutively for the last seven years, it probably won't take another three decades for the automaker to celebrate the 20 million mark. Milestone Marks Automaker's Continued Investment in U.S. Market and Economy FOUNTAIN VALLEY, Calif., Oct. 28, 2015 – Hyundai marked a monumental milestone today, selling its 10 millionth vehicle in the United States. Having started in 1986 with a single nameplate, reaching 10 million sales is a significant achievement that showcases the success of Hyundai's continually expanding lineup. "The United States has been a key region of focus for nearly three decades, and this landmark achievement comes after years of accelerated growth and the strategic rollout of our product line," said Derrick Hatami, vice president of national sales, Hyundai Motor America. "Today serves as a testament to the design, quality and value of Hyundai's product portfolio. The American car market continues to be on the rise, with more than 17 million new car sales expected in 2015.
FCA discussing tech partnership with Hyundai, but no merger
Sun, Dec 3 2017Fiat Chrysler Automobiles is in talks with South Korea's Hyundai about a technical partnership, but there are no merger talks between the two, FCA Chief Executive Sergio Marchionne said on Saturday. FCA is often the subject of merger speculation, especially after its unsuccessful 2015 attempt to tie up with larger U.S. rival GM. Its share price jumped to record highs in August after reports of interest from China and Hyundai. "We already buy components from (Hyundai) .... let's see if we can agree on other points, especially for the development of transmissions and hydrogen," Marchionne told journalists, adding there was "nothing to announce for the moment". Asked whether this collaboration could turn into a merger, Marchionne said: "I don't believe so". (Reporting by Agnieszka Flak; editing by Alexander Smith)Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.
Hyundai Kona Electric SUV revealed
Tue, Feb 27 2018Recently, Hyundai hinted at some of the details of the all-electric version of its Kona subcompact SUV. The automaker stated that the EV crossover would be available with a pair of powertrain offerings, one of which being "one of the most powerful electric engines on the market" with a driving range of 292 miles. Now, the Korean automaker has revealed the Kona Electric in advance of the upcoming Geneva Motor Show. The Hyundai Kona Electric looks like its hybrid siblings, with the biggest visual difference up front, with its closed grille. That's also where the car's plug resides. It features LED daytime running lights above its LED headlights. The Kona Electric offers a two-tone roof, and seven different exterior paint color offerings. On paper, at least, the Kona Electric is pretty compelling. The long-range, 292-mile version features a 64-kWh lithium-ion polymer battery pack supplying power to a 150-kW (201-horsepower) electric motor. It does 0-62 miles per hour in a respectable 7.6 seconds, with a top speed of 103 mph. The base version's 39-kWh battery offers 186 miles of driving range, and a 99-kW (133-horsepower) electric motor. It does 0-62 in a more leisurely 9.3 seconds. Inside the car, the Kona Electric features a pair of paddle shifters behind the steering wheel that allow the driver to dial in the preferred amount of regenerative braking force. A seven-inch digital display in the instrument cluster is accompanied by a head-up display providing key information directly in front of the driver. The car's infotainment system features Apple CarPlay and Android Auto and wireless phone charging. The Kona Electric offers a number of driver assist features for safety and convenience. These include forward collision avoidance with pedestrian detection, blind spot warning, rear cross-traffic alert, lane-keeping assist, intelligent speed limit warning and smart high. It also offers smart cruise control with stop-and-go capability to make those traffic jams a little more bearable. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Featured Gallery 2019 Hyundai Kona Electric: Geneva 2018 View 10 Photos Related Gallery Hyundai Kona Electric View 9 Photos News Source: HyundaiImage Credit: Live photos copyright 2018 Drew Phillips / Autoblog.com Green Hyundai Green Automakers Crossover SUV Electric 2018 Geneva Motor Show hyundai kona hyundai ev hyundai kona electric
