Hot off the heels of their record month in June, Kia Canada saw its best-ever July with 8,300 units soldTop sellers from July include Sorento, Forte and Seltos, and the overall 8,300 units sold represents a 3.7% increase YoYAll regions in Canada are reporting increased sales in July 2020 amid a declining marketMISSISSAUGA, Ontario, Aug.… Continue reading @Hyundai: Kia Canada Records Best-Ever July, Following Best Sales Month in Canadian history
Tag: Hyundai
Stoneacre Motor Group acquires Hodgson Newcastle Ltd car dealership group
Stoneacre Motor Group has continued to drive past its former £1 billion turnover growth target with the acquisition of the Hodgson Newcastle Ltd car dealership group. The AM100 retail group told AM that the acquisition had been postponed following the outbreak of COVID-19 coronavirus but was completed last week under the deal’s initial terms. “A… Continue reading Stoneacre Motor Group acquires Hodgson Newcastle Ltd car dealership group
@Hyundai: July 2020 Sales Results
HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure Title : July 2020 Sales Results (Tentative) 1. Sales Results: *Monthly sales Category (units) July 2020 June 2020 MoM % Change July 2019 YoY % Change Sales Unit Domestic 77,381 83,700 -7.5 60,286 28.4 Overseas 235,716 226,127 4.2 297,576… Continue reading @Hyundai: July 2020 Sales Results
Multinational Automotive Manufacturers Begin Working on Developing Their Own Electric Vehicle Batteries
Multinational electric vehicle and automotive manufacturers are looking to secure an initiative in developing their own batteries after securing stable supplies of batteries by either purchasing batteries or collaborating with battery manufacturers. Tesla, BMW, and Volkswagen have begun developing their own battery cells while GM is looking to secure an initiative in battery development even… Continue reading Multinational Automotive Manufacturers Begin Working on Developing Their Own Electric Vehicle Batteries
Hyundai Motor America Reports July 2020 Sales
FOUNTAIN VALLEY, Calif., Aug. 3, 2020 /PRNewswire/ — Hyundai Motor America reported total July sales of 57,677 units, a 1% increase compared with July 2019. Retail sales grew 4%, the third consecutive month of increasing retail sales. Fleet sales were down 32% and represented 7% of total volume. During the first six months of 2020, Hyundai… Continue reading Hyundai Motor America Reports July 2020 Sales
Hyundai drives closer to recovery with sales of 38,200 units in July
Hyundai Motor India, the country’s second-largest carmaker by sales volumes, has announced sales of 38,200 units in July, which a marks 2% year-on-year decline (July 2019: 39,010 units), albeit on a low base. Compare July’s performance to June 2020 (21,320 units) and last month’s numbers indicate 79% month-on-month growth. According to Tarun Garg, director, Sales,… Continue reading Hyundai drives closer to recovery with sales of 38,200 units in July
Autocar Professional’s August 1 edition is a South India Industry Special
The southern states of India are collectively one of the leading and busiest automotive hubs in the country. Clearly defined industrial policies, talented workforce and a growing OEM and supplier ecosystem, coupled with strategic geographical and infrastructure advantages like well-laid- out roads, railways and ports, Tamil Nadu and Andhra Pradesh are driving gains. And Karnataka… Continue reading Autocar Professional’s August 1 edition is a South India Industry Special
Kia Motors India zips past 100,000 sales in 11 months
Kia Motors India has driven past the 100,000 cumulative sales milestone in the Indian market. The sales comprise 97,745 units of the Seltos and 3,614 Carnival MPVs. With this, the company becomes the fastest automaker in India to reach this landmark in just 11 months since the launch of its debut car – the Seltos – last… Continue reading Kia Motors India zips past 100,000 sales in 11 months
Chairman of China’s automaker BAIC to retire -sources
SHANGHAI, July 31 (Reuters) – The chairman of China’s state-owned automaker BAIC Group, which has partnerships with German luxury automaker Daimler AG and Korean Hyundai Motor Co, is set to retire, two people familiar with the matter said. Xu Heyi, 62, took office in 2007. During the chairmanship of BAIC Group, he developed electric vehicle… Continue reading Chairman of China’s automaker BAIC to retire -sources
In India, a diminished Nissan bets big on a small SUV
NEW DELHI (Reuters) – By any measure, Nissan Motor Co Ltd (7201.T) has had a dreadful run in India. A push to revive its lower-end Datsun brand flopped, sales have slumped 60% over the past five years and its sole plant in the country is operating way below capacity. The Nissan Magnite Concept SUV is… Continue reading In India, a diminished Nissan bets big on a small SUV