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).
Daily Archives: December 18, 2014
Russia’s ruble collapse hits Asian carmakers’ ambitions
Asian carmakers, which bet big on expanding in Russia, face a test of their commitment to a market they once hoped was set to surpass Germany’s by size as the ruble plunges and auto sales skid.
Manufacturers including Japan’s Nissan, China’s Great Wall and South Korea’s Hyundai and its Kia affiliate have been stepping up investment in Russia in recent years and are gaining market share in the country at the expense of European and U.S. rivals.
Honda FCV Concept North American debut at 2015 NAIAS in Detroit
The Honda FCV Concept will make its North American debut at the 2015 North American International Auto Show in Detroit in January.
VW will oust Klaus-Gerhard Wolpert, report says
Volkswagen will oust its head product strategist, Klaus-Gerhard Wolpert, sources said, as the German carmaker is pushing efforts to raise profitability at its core brand dented by high fixed costs and falling sales.
Bosch’s Wolf-Henning Scheider quits to become CEO of Mahle
The head of Robert Bosch’s automotive division, Wolf-Henning Scheider, has quit the world’s top-ranked supplier to head smaller German rival Mahle, a maker of engine components.
