Hyundai North American president and CEO John Krafcik will step down from his current role next week at the completion of his contract. Continue Reading...
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Hyundai Motor America is mulling over the addition of a new small crossover to its model lineup, according to CEO John Krafcik. Continue Reading...
If he were real, Andy Dufresne would be impressed with Hyundai CEO John Krafcik who despite the obstacles is being named the 2013 Automotive Executive of the Year Continue Reading...
Hyundai’s fuel economy fiasco hasn’t seemed to negatively impact the automaker’s sales, which hit a new record for the month of November and a new overall record for the year, with several weeks left to go. Continue Reading...
Hyundai‘s growth in sales has only been hindered by the fact that the Korean automaker can’t produce enough cars to sell. Now ranked the seventh-largest automaker in the US by sales, Hyundai is looking towards the future to build on its recent success. Continue Reading...
Despite plans for the 2013 Hyundai Santa Fe to replace the Veracruz, Hyundai North America CEO John Krafcik is confirming that there might still be a large crossover in the company’s future. Continue Reading...
Acting as the poster boy for fuel efficiency, Hyundai is petitioning the U.S. government to declare August “National Fuel Efficiency Month.” Continue Reading...
Hyundai North America CEO John Krafcik reaffirmed, in an interview with Fox News, that the Korean automaker doesn’t intend to join the truck market but will look instead into the six and seven passenger crossover segment. With vehicles in over a dozen automotive segments, Hyundai is seeing success in both the pre- and post-family stages, but… Continue Reading...
As result, there has been much speculation in regards to exactly what this battery warranty covers and doesn’t cover, though Hyundai, in an attempt to address these rumors has finally set the record straight. Continue Reading...
Hyundai hyped its Veloster and the automotive media had high hopes for the innovative odd four-door hatchback, but when the reviews came out, the praise was missing. Good? Yes. But great? Hardly. Still, Hyundai is calling the Veloster an early success, capturing the highest percentage of the “compact sporty car” market in its first full… Continue Reading...
With the debut of a new 5.0-liter Tau V8 in the Genesis Sedan R-Spec and rumors that it will find its way under the hood of the Genesis Coupe, Hyundai isn’t necessarily committed to eight-cylinders. That’s not surprising as the industry moves towards forced induction options like turbocharging and supercharging in order to deliver ideal… Continue Reading...
Proving that the V8-powered Genesis Coupe is in fact possible, Hyundai unveiled the RMR500 concept at the SEMA Show recently, built with its motorsports partner Rhys Millen Racing. Powered by the brand’s new 5.0-liter Tau V8, as found in the Genesis Sedan R-Spec and with a few modifications, it makes an incredible 450-hp. During a… Continue Reading...
Hyundai CEO John Krafcik will keep his company’s focus on being a fuel economy leader, and has ruled out a high-performance sports car, even as he discussed the various ways in which the new CAFE regulations can be gamed to produce low fleet fuel economy ratings. With large vehicles being held to less stringent standards… Continue Reading...
While Hyundai has made great strides in the compact and mid-size segments, with the new Elantra and Sonata, arguably the car that put it on the map was the sub-compact Accent. While a less-than-great piece of engineering in the past, it did serve a purpose. With the second generation of the Accent, Hyundai has infused… Continue Reading...
Hyundai Motor America CEO John Krafcik announced a five-door Hyundai Accent is coming to the U.S., boldly saying it will “kick the Fiesta’s butt.” The announcement came in a Q&A session with readers on Jalopnik after one reader asked if Hyundai will introduce a five-door Accent. Such bold talk is rare from a manufacturer, especially… Continue Reading...
With Hyundai‘s recent sales success, the Korean automaker is considering expanding its product offerings to include new models in the luxury segment that would rival the most popular and high-volume vehicles currently offered by Japanese and German competitors. While Hyundai already offers the Genesis Sedan and the new Equus flagship model, the two vehicles being… Continue Reading...
Hyundai is set to build the new Elantra at their Alabama factory, as it joins the Sonata and Santa Fe at the plant. The new Elantra is already on sale in South Korea, but is set to debut in U.S. spec at this November’s 2011 Los Angeles Auto Show. In a press release, Hyundai CEO… Continue Reading...
Hyundai is embarking on a $150 million expansion of its Orange County, California headquarters, allowing it to double in size from 700 to 1400 employees. “This investment ensures that Orange County will remain U.S. hub, with our headquarters in Fountain Valley, for the foreseeable future,” said John Krafcik, president and CEO, Hyundai Motor America. “The… Continue Reading...
Hyundai has pledged to donate $100,000 each to 68 hospitals and non profit organizations to help fight pediatric cancer. Dealers will contribute $200 from each vehicle sale to the cause, and most of the financing is said to be arriving in this way. The program, known as Hyundai Hope on Wheels will oversee the distribution… Continue Reading...
At the LA Auto Show this November, Hyundai will debut a new concept car that will give a better idea of how the Korean automaker intends to achieve its 50-mpg CAFE goal. Company CEO John Krafcik recently made the bold statement that Hyundai would average 50-mpg across its lineup by 2025. Currently, the automaker has… Continue Reading...
Ward’s Auto is reporting via their Twitter feed that Hyundai North America President and CEO John Krafcik told reporters that their North American arm will have a fleet average fuel economy rating of 50 mpg by 2025. Hyundai is currently planning the launch of their first hybrid, the Sonata Hybrid, for this fall, with more… Continue Reading...
Back in 2000 Hyundai Kia CEO Chung Mong-koo refused a request by the company’s chairman, and his own father, to step down from the top post of the Korean automaker. Today, Mong-koo is getting the respect he rightly deserves, after being named Asia’s top automotive business leader by Automotive News. The industry publication sited Hyundai’s… Continue Reading...
Speaking at a press event in Korea, Hyundai CEO John Krafcik let it slip that the Hyundai Sonata Turbo will start at just under $25,000, undercutting its V6 segment rivals by about $3,000. The Sonata Turbo puts out 274-horsepower and a combined 32 mpg from its 2.0L four-cylinder engine. Hyundai intends for the vehicle to… Continue Reading...
With the all-new 2011 Hyundai Sonata 4-cylinder now on sale with its best-in-class power and fuel economy, the Korean automaker will launch turbocharged and hybrid versions of its mid-size sedan at the New York Auto Show in late March. The Hybrid Blue Drive model is expected to use the new 2.4-liter GDI Theta II engine… Continue Reading...