Hyundai Motor Company has sold a total of 314,909 vehicles in February 2024, down 4.1 percent year-on-year from the same month last year, including 47,653 units in Korea and 267,256 units overseas. Compared to February 2023, domestic market (Korea) sales decreased by 26.7 percent, while overseas sales increased by 1.5 percent. Korea sales down 26.7%… Continue reading Hyundai sells 314,909 cars and SUVs worldwide in February, down 4.1%
Category: US Motoring Press
Kia’s global sales in February down 4.6% at 242,656 units
Kia Corporation today announced total global sales of 242,656 units in February 2024, a 4.6 percent decrease year over year (February 2023: 254,405 units). Outside of Korea, Kia sold 198,348 units, down 2.8 percent (February 2023: 204,001 units). SUV models led the company’s sales in February, with the Sportage selling 47,643 units globally. The Seltos… Continue reading Kia’s global sales in February down 4.6% at 242,656 units
ZF’s first zero-emission factory is model plant for global production network
ZF has opened its first zero-emission factory at the production site for power electronics in Klášterec in the Czech Republic, after a renovation period of just under a year and a half. The plant, which is part of the Electrified Powertrain Technology division, supports the company’s efforts to achieve climate neutrality across all value chains… Continue reading ZF’s first zero-emission factory is model plant for global production network
Gestamp achieves record revenues of 12 billion euros in 2023, profit up by 8%
Gestamp, the multinational company specializing in the design, development, and manufacture of highly engineered metal components for the automotive industry, has achieved best-ever revenues in CY2023. Gestamp’s revenues for the year grew by 14.4% reaching €12,274 million (12.27 billion euros), despite the unfavourable currency environment. The company outperformed the market by 6.7 percentage points due… Continue reading Gestamp achieves record revenues of 12 billion euros in 2023, profit up by 8%
Toyota begins vehicle deliveries to Olympic and Paralympic Games Paris 2024
Toyota has made the first deliveries of vehicles to support the Olympic and Paralympic Games Paris 2024, as the worldwide mobility partner of the International Olympic Committee and the International Paralympic Committee. In total Toyota will provide a passenger vehicle fleet of more than 2,650 electrified vehicles and 700 electric last-mile mobility solutions. Among these… Continue reading Toyota begins vehicle deliveries to Olympic and Paralympic Games Paris 2024
Mercedes-Benz EQV
Were it not for the van-style, cliff-face geometry of the wide, wood-effect dashboard and the expanse between the front seats (nicely sculpted and with useful armrests), you could almost be forgiven for thinking you had climbed aboard one of Mercedes’ saloons. Gone are dramatically hooded instrument binnacles and the bulbous curvature of the centre-console seen… Continue reading Mercedes-Benz EQV
Strong Ford hybrid sales provide a window for investors to make a move on the stock
Ford on Monday reported a continued surge in monthly hybrid sales, the latest indication that its strategic shift from money-losing and demand-softening electric vehicles is paying off. Jim Cramer sees a window for investors to act. Shares of Ford were trading as much as 4% higher on Monday after a strong February sales report. The… Continue reading Strong Ford hybrid sales provide a window for investors to make a move on the stock
Ford sales jump 10.5% in February, led by gains in hybrids and EVs
A 2022 Ford Motor Co. Maverick compact pickup truck during the Washington Auto Show in Washington, D.C., on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Images DETROIT – Ford Motor’s U.S. sales jumped 10.5% last month compared with February 2023, led by increases in its hybrid and all-electric vehicles sales. The Detroit… Continue reading Ford sales jump 10.5% in February, led by gains in hybrids and EVs
Gerhard Berger’s stolen Ferrari found after 29 years
A missing Ferrari 512M has been recovered by the Metropolitan Police nearly three decades after it was stolen from F1 driver Gerhard Berger. It was one of two Ferraris reported missing after the San Marino Grand Prix in April 1995, and is thought to have been shipped to Japan shortly after its theft. According to the… Continue reading Gerhard Berger’s stolen Ferrari found after 29 years
Radical new shape for electric Range Rover Velar
The first electric Range Rover prototype has been spotted testing, as the brand prepares to reveal its first EV in the coming months. It is thought to be a test car for the the electric successor to the Velar, which has a similarly sleek and low-slung profile. The electric version of the flagship Range Rover model, which… Continue reading Radical new shape for electric Range Rover Velar