hyundai

Auto Industry Cruises on Slow, Steady Demand

Though vehicle sales have underperformed some analyst expectations in recent months, results are much improved compared to those of a year ago. The industry is seeing a broad trend that is benefiting nearly all automakers.

BMW 5 Series, Hyundai Sonata Come Out Top in New Safety Tests

BMW%u2019s 5 Series and Hyundai%u2019s Sonata received the highest scores for passenger cars and trucks under a new U.S. crash safety rating system. The two vehicles were the only ones to receive the top safety score of five stars in crash-safety tests, Bloomberg News reported. Both vehicles scored four stars in frontal crashes and five stars in side-crashes and rollovers.

September Auto Sales: Don't Expect Much Sizzle

Overall demand for new cars and trucks, while better than a year ago, is likely to be lower than that recorded in August, itself an unimpressive month. That would mean auto sales are stuck in a four-month-long rut.

Dogged By Weak Economy, August Auto Sales Slump

As expected, automakers Wednesday reported sluggish sales for August. The nation's anemic economic recovery kept consumers away from dealerships, despite generous end-of-model-year incentives on the part of many manufacturers.

Authorities Probe Potential Steering Problem in Hyundai Sonata

The National Highway Traffic Safety Administration is looking into potential steering problems in some 2011 Hyundai Sonatas. The probe is based on two incidents that the company reported through the government%u2019s "Early Warning Reporting" system, CNN said.

Hyundai Shifts Santa Fe SUV to Kia Plant in Georgia

Next month, Korean automaker Hyundai will begin building its popular Santa Fe SUV at a Kia plant in West Point, Ga., where its sister company makes the Kia Sorrento SUV. The move is expected to boost the number of workers associated with the plant from 1,900 to 7,000.

August Auto Sales Are Zooming Along. . .So Far

July was a mixed bag for auto sales, with sales improving, but not as much as the abundance of incentives for would-be car buyers led industry watchers to expect. But if August car sales continue on track, it may be the best month of 2010 so far, Edmunds.com reports.

South Korea's Kia Faces a Federal Safety Probe

Kia, however, may soon the face the sort of scrutiny directed at Toyota and Honda. The National Highway Safety Administration on Monday said it's begun a preliminary investigation into steering problems involving the 2010 Kia Soul.

Despite a Cooler Economy, Auto Sales Warm Up

Among domestic makes, Ford Motor, General Motors and Chrysler Group all reported total increases in the single digits, but Japanese giants Toyota and Honda slipped. Beyond those, carmakers in Asia and Europe pretty much all had a solid month.

U.S. Auto Sales May Have Revved Up in July

Analysts' expectations are that sales rose to the highest levels of the year last month, reaching an annualized rate of 11.9 million units. Eager to make room for 2011 models on dealers' lots, automakers have hiked incentives, drawing summertime bargain-hunters.

Car Sales Rise, but Signs of Slowing Emerge

Automakers reporting June sales results Thursday painted a mixed picture for the economy, one that show signs of weakening even as they moved more cars off dealers' lots.

Your Jeep Owners Manual? There's an App for That

When Chrysler takes the wraps off its newly redesigned 2011 Jeep Grand Cherokee SUV in a few days, it will have a feature that no car has ever offered before: a smart-phone application that provides vehicle information.

Hyundai Pulls World Cup Ad After Catholic Outcry

Saying it meant no offense but rather intended to humorously connect the "passion of soccer fans with owner loyalty," Hyundai admits it goofed with the religious-themed ad. But at least one ad exec thinks there's more to it than that.

Five Ford Models Are Among Those Getting Top Safety Rating

A trio of Ford Motor midsized sedans are among 2010 vehicles that topped the list of an insurance industry crash-testing organization's tests for safety. Hyundai, VW and Audi models also made the Insurance Institute for Highway Safety's top grade.

Automakers Report Higher Sales in May

Ford, GM and most other carmakers reported double-digit sales gains in May, as consumers responded to signs of an economic recovery and strong manufacturer incentives. Toyota was the notable exception, recording a much smaller gain as it struggles with its recall woes.

March Auto Sales Fueled by Incentives, Recovery

An improving economy and dueling incentives drove more consumers into the nation's dealer showrooms in March, making it one of the best in years, auto makers said Thursday. However, while impressive, the increases were less than industry analysts predicted for some companies.

GM Sales Surge 43% for Its Core Brands in March

General Motors reported improved sales for its four remaining core brands in March. Crossover SUVs and sporty new cars were bright spots for Buick, Cadillac, Chevrolet and GMC. Including data for its discontinued brands, GM sales growth came in at nearly 21%.

For Automakers, 2010 Marks the Road to Recovery

After a disastrous 2009, the auto industry is counting on a return to relatively better days in 2010. Automakers saw sales plummet by a third last year to a little over 10 million. Now, a projected bump back up to 11.8 million is looking pretty good.

Hyundai Recalls Over 47,000 Sonatas for Door Latch Fix

Hyundai, South Korea's largest automaker, is recalling more than 47,000 of its new Sonata sedans to replace front door latches that may not close properly in some instances. Only 1,300 of the affected models were sold in the U.S.

Toyota Recalls 2.3 Million Cars

Toyota announced it is recalling 2.3 million vehicles in the U.S. The repairs will cost the Japanese car company hundreds of millions of dollars, but what the news will cost Toyota in sales.

Stocks in the News: Kraft, Apple, Ford

Kraft Foods boosted its offer for British candy maker Cadbury following Monday's announced $3.7 billion sale of Kraft's pizza business to Nestlé. But it remains to be seen whether Cadbury will bite on the sweetened offer. See what other news could affect stock prices today.