Hyundai Warns U.S. Auto Tariff Would Be ‘Devastating’

LISTEN TO ARTICLE SHARE THIS ARTICLE Hyundai Motor Co. joined a chorus of rebuke from global automakers against possible import tariffs by the Trump administration, warning the duties would be “devastating” to the Korean automaker and its U.S. operations. The tariffs “would not only harm Hyundai Motor’s U.S. business operations and the American workers and… Continue reading Hyundai Warns U.S. Auto Tariff Would Be ‘Devastating’

VW distributes the responsibility within the Group new

V olkswagen CEO Herbert Diess will divide responsibility within the Group for the world regions in the future for his brands. In the future, one leading brand will take over group-wide control of a clearly defined world region, said Volkswagen on Friday in Wolfsburg. Decisions could be made more decentralized. “We’re giving the responsibility over… Continue reading VW distributes the responsibility within the Group new

Hyundai Capital America announces simplified, one easy payment lease program, Hyundai PLUS

IRVINE, Calif., June 26, 2018 /PRNewswire/ — Hyundai Motor Finance, a brand of top-10 U.S. captive auto-finance company, Hyundai Capital America (HCA), has announced the launch of its new pilot program, Hyundai PLUS, which offers a subscription payment option that includes a special lease price, auto insurance, and service maintenance on selected vehicles. Hyundai PLUS is available… Continue reading Hyundai Capital America announces simplified, one easy payment lease program, Hyundai PLUS

Top Automotive Industry News for Week of June 18 – June 24, 2018

Here is the most important news associated with the automotive industry identified by the AEA for the week June 18, 2018 – June 24, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- Cars.com 2018 American-Made Index: What’s the Most American Car? (Cars.com) Detroit… Continue reading Top Automotive Industry News for Week of June 18 – June 24, 2018

Hyundai Motor Group and Audi Partner in Fuel Cell Technology

SEOUL, South Korea and INGOLSTADT, Germany, June 20, 2018 /PRNewswire/ — Hyundai Motor Group (the Group) and AUDI AG (Audi) announced they have entered into a multi-year patent cross-licensing agreement, covering a broad range of fuel cell electric vehicle (FCEV) components and technologies. Under the new partnership, the world’s fifth-largest auto-making group and the German premium… Continue reading Hyundai Motor Group and Audi Partner in Fuel Cell Technology

Hyundai elevates India, US, Europe as regional headquarters

NEW DELHI: Hyundai Motor today announced making India and the US as regional headquarters, a move that would provide more functional autonomy for its business activities in these regions. As part of the organisational changes, the company has also elevated Europe as regional headquarters as it plans to grant greater autonomy to each region in… Continue reading Hyundai elevates India, US, Europe as regional headquarters

Hyundai union threatens to take legal action if company signs up for car JV

SEOUL, June 19 (Yonhap) — Hyundai Motor Co.’s union said Tuesday it will take legal action if the company signs a contract to invest in a local car-manufacturing joint venture proposed by a municipal government. Hyundai Motor originally planned to sign an agreement with the Gwangju city government on Tuesday to become the second-largest shareholder… Continue reading Hyundai union threatens to take legal action if company signs up for car JV

Hyundai, Kia to operate regional headquarters from July

SEOUL, June 18 (Yonhap) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Monday that their regional headquarters in North America, Europe and India will be making key decisions going forward to better meet local market demands. Starting on July 2, Hyundai’s regional headquarters in the three regions and Kia’s offices in North… Continue reading Hyundai, Kia to operate regional headquarters from July

TTTech & BMW

The companies TTTech and BMW announced cooperation. The manufacturer BMW want with the IT company TTTech work on services that concern Partial and High Autonomous Driving. BMW in Las Vegas BMW wants with his cooperation group to 2021 bring out the highly autonomous driving until 2021 and although the group has already closed, one has… Continue reading TTTech & BMW

Taxi plows into Moscow crowd including soccer fans, injuring seven

MOSCOW (Reuters) – A taxi drove into a crowd of pedestrians near Moscow’s Red Square on Saturday, injuring seven people including two Mexicans in the city for the soccer World Cup which Russia is hosting, officials and eyewitnesses said. The incident took place as residents and visiting soccer fans thronged the center of Moscow on… Continue reading Taxi plows into Moscow crowd including soccer fans, injuring seven