SEOUL, March 9 (Yonhap) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, recently asked for the cooperation of its union to accept a cut in benefits as part of a broader move to ride out the unfriendly business environment, the company said Friday. In a letter sent to the union last Friday, the… Continue reading Hyundai asks for union’s cooperation in cutting worker benefits
Tag: Hyundai
Hyundai recalls Sonatas; air bags may not inflate in crash
2011 Hyundai Sonata (Photo: Hyundai) DETROIT — Hyundai is recalling nearly 155,000 Sonata midsize cars in the U.S. because the air bags may not inflate in a crash. The recall covers cars from the 2011 model year. Hyundai says a short circuit in the air bag control computer can stop the seat belts from tightening before… Continue reading Hyundai recalls Sonatas; air bags may not inflate in crash
Relations between British builders and distributors have deteriorated
As is the case every year, the NFDA, the leading syndicate of car dealerships across the Channel, has conducted a survey of its affiliates, which highlights the deterioration in the relationship between distributors and licensors. Throughout 2017, relations between distributors and manufacturers across the Channel have deteriorated, according to a survey conducted by NFDA, the… Continue reading Relations between British builders and distributors have deteriorated
2016 Production
World Motor Vehicle Production / by manufacturer / by country By country and type / passenger cars / light commercial vehicles / heavy trucks / buses and coaches By manufacturer, make and country Anhui Jac Ashok Leyland Avtovaz Baic BMW Brilliance Byd Changan Chengdu Dayun Changfeng Chery China National Heavy Duty Truck Chongqing Lifan Motor… Continue reading 2016 Production
Ford plans to sell cars online in the UK
Ford is planning to introduce online sales in the UK, joining the likes of Hyundai and Peugeot/Citroen by offering British customers a web based click to buy type service. Speaking to Auto Express at the Geneva Motor Show, Ford UK boss Andy Barratt said: “we are working on that [online sales], we’re very advanced on… Continue reading Ford plans to sell cars online in the UK
Stoneacre buys Platts Garage in Stafford
Stoneacre Motor Group has bought Platts Garage in Stafford, representing Fiat, Dacia, Renault and Kia. Platts has been located on the same site in Lightwood Rd, Longton since 1938 when it was known as Peppers Garage. It was awarded the Fiat franchise in 1946 and billed itself as the longest established Fiat franchise in the UK.… Continue reading Stoneacre buys Platts Garage in Stafford
February 2018 Sales Results
HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure Title : February 2018 Sales Results 1. Sales Results: *Monthly sales Category (units) February 2018 January 2018 MoM % Change February 2017 YoY % Change Sales Unit Domestic 50,200 51,426 -2.4 53,113 -5.5 Overseas 259,948 288,202 -9.8 284,431… Continue reading February 2018 Sales Results
Press Release No. 05/2018 – Vehicle registrations in the February 2018
date 03/02/2018 Flensburg, March 2, 2018. 261,749 Passenger cars ( car ) were newly registered in February. That was +7.4 percent more than in the same month last year. The share of commercial approvals was 63.1 percent (+ 0.8%). Private registrations increased by + 21.3 percent. Except for Audi (-3.6%) and BMW (-0.7%) recorded the… Continue reading Press Release No. 05/2018 – Vehicle registrations in the
February 2018
Toyota starts a new $2.8 billion company to develop self-driving software
Toyota is expanding its pursuit of self-driving cars by starting a new company called Toyota Research Institute-Advanced Development, or TRI-AD. The Japanese automaker is starting the company in conjunction with automotive supplier Aisin Seiki and Denso, and together, they plan to invest $2.8 billion into TRI-AD in the coming years and hire around 1,000 employees… Continue reading Toyota starts a new $2.8 billion company to develop self-driving software
Kia cuts its worldwide sales by 9.1% in February and 2% since the beginning of the year
Posted 02/03/2018 11: 28: 43CET SEOUL, Mar. 2 (EUROPA PRESS) – The South Korean automobile firm Kia Motors closed last February with a global sales volume of 195,962 units, representing a decrease of 9.1% compared to the same month of the previous year, according to data published by the company. In the first two months… Continue reading Kia cuts its worldwide sales by 9.1% in February and 2% since the beginning of the year