The Korea Herald reports that unnamed sources say that Hyundai has decided to lower the price of the Tucson fuel cell sport utility vehicle to compete with Toyota’s Mirai fuel cell car .
Tag Archives: Hyundai
Hyundai will build 4th and 5th plants in China
Beijing Hyundai, a 50-50 joint venture between Hyundai and Beijing Automotive Industry Holding Co., will begin building its fourth and fifth plants in China next year to respond to surging demands in the world’s largest automobile market. Each plant will eventually have annual production capacity of 300,000 units; the new plants will increase Beijing Hyundai Motor Co.’s capacity to 1.65 million units per year.
Hyundai launches all-new Sonata Hybrid with GDI engine
Hyundai unveiled the all-new Sonata Hybrid in Seoul, Korea. The new Sonata Hybrid features an upgraded powertrain incorporating a new hybrid system with a new petrol direct injection engine that delivers fuel economy of 18.2 km/l (43 mpg US or 5.5 l/100 km).
Hyundai, Kia to Sell Combined Record 8 Million Vehicles
By Rose Kim
Hyundai and Kia said better-than-expected sales in Brazil, China and India will help them sell a record 8 million vehicles this year, even as a stronger won erodes profitability.
Hyundai’s 3Q profit falls 28 percent
By YOUKYUNG LEE
Hyundai Motor Co. said Thursday its profit sank nearly 30 percent for the July-September quarter, hurt by a stronger South Korean currency and weak sales growth in its home market.
