Does anyone have an iPad? Hyundai’s clean-up on aisle six Concept proves that all the sales momentum in the world can’t prevent the occasional tone-deaf design study. Or an unfortunately hilarious nomenclature. Given the recent improvements in Hyundai’s production car styling, the i-flow concept is something of a look back to the wild “emotion lines” of its late 90s design work. In short, not a step forward. Meanwhile, despite achieving true originality in its ugliness, the i-flow also manages to incorporate the same weird sedan-hatch-coupe packaging as the Opel Flextreme, Mercedes F800 Style, and Subaru Hybrid Tourer. Back to the drawing board!

Hyundai’s sales improved 11 percent last month according to the company’s sales release [via EarthTimes], while Kia’s release claims a 2.3 Percent improvement [via PRNewswire]. Elantra was down slightly, and Veracruz fell by over 50 percent, Azera/Amanti are down and Sedona is way down. Otherwise, it’s all sunshine and flowers. Hit the jump for details.

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Toyota may record “a double-digit drop in the automaker’s U.S. sales for February,” says The Nikkei [sub] today. The Nikkei bolsters the assessment with interviews at dealerships in the U.S.A., but knowing the Nikkei, a sales droid in northern California is not their only source.

The Nikkei notes that “Toyota was the only major automaker to suffer a double-digit sales decline in the U.S. last month. Its sales were down 15.8 percent from a year earlier, compared with the 24.4 percent and 14.6 percent growth enjoyed by Ford Motor Co. and General Motors Co..”

A continuation of this trend would be extremely dangerous for Toyota. We are comparing with the absolutely worst times of carmageddon, and if you are double digits below carmageddon, you roast in hell. (Read More…)

Yesterday, we wrote why Hyundai’s unions are unhappy about Hyundai global expansion plans which. For some reasons, the unions think production abroad will harm South Korean jobs.

The unions have reasons for heightened annoyance. Insideline reports that Avtotor may buy the closed down Izhavto plant (Izhavto filed for bankruptcy in August 2009) in Izhevsk, Udmurt Republic, to build Hyundai and Kia vehicles. Avtotor is one of Russia’s largest assemblers of cars that come as kits. And why would that be of concern to Korea’s metal workers? (Read More…)

Growing recalls, loss of customers’ confidence, questions about their management, falling stock price and congressional hearings. 2010 hasn’t been kind to Toyota, so any good news now would be welcome. Consumer Reports is here to help. Yes, Consumer Reports. (Read More…)

If you were a company at time of recession, belt-tightening and countries on the verge of bankruptcy, you’d think that registering record profits and growing global market share at times like these would keep everyone at your company happy, right? Wrong. Members of Hyundai Motor’s union are angry. Livid. Up in arms. And as students of Asian cultures will confirm, Koreans can get, shall we say, a bit hot and bothered about causes close to their hearts.

Koreatimes reports that despite pleas from management for peaceful resolutions, their union has demanded that Hyundai stop expanding overseas and guarantee job security at home – or else. (Read More…)

To the victor go the spoils. Who will be the victors, and how much spoilage will be there in the protracted Toyota battle? Of course, this is all in the name of safety and the children, and any sales dislocations will be unfortunate collateral damage. Really.

As optimistic as Toyota might want to be, over the next few months, their sales will decrease. They already do decrease.  “Toyota’s US sales tumbled 16 per cent in January from a year earlier and are set to record another hefty fall this month,” reports Financial Times. Stoppage of deliveries and production, topped by a media onslaught, can have that effect.

Maybe Toyota’s ideas of an increased warranty and more incentives will work, long term, but in the short term, they’d better prepare themselves for negative numbers at the end of each month ahead.

As the first law of thermodynamics infers, energy cannot be created or destroyed, merely transposed. If customers are leaving Toyota, they don’t just disappear like Toyota‘s reputation for reliability China’s interest in US debt, they have to go somewhere. So where will they? (Read More…)

When Hyundai introduced its first Tucson in 2004, the term crossover still hadn’t crossed over from the world of marketing into the public imagination. At the time, the term SUV still carried enough equity to convince even the ute-lets built on compact car platforms to emphasize their rugged inspiration with upright, boxy styling and spartan utility. These car-based “cute-utes” were, according to the logic of the time, for consumers who wanted in on the SUVs alleged lifestyle enhancements without the profit-swelling sticker shock and ruinous fuel bills. Today, the crossover has properly crossed over, leaving behind the pretensions of the SUV-weaning generation to assume its own identity in the automotive market. For better or for worse, the new Hyundai exemplifies this new state of the crossover, and it makes the case for itself without reference to its previous status as a cheap substitute for an SUV.
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The Genesis Coupe has all the right bits: sleek styling, relatively compact size, DOHC engines, rear-wheel-drive, $22,750 starting price. Yet the Hyundai’s sales are a fraction of those for the Chevrolet Camaro and Ford Mustang. Why aren’t enthusiasts more enthused?

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Hyundai is leaking this rendering of their i-Flow concept ahead of next month’s Geneva Motor Show. In the cycle of car shows, this looks like one not to miss. Periodically, Hyundai shows something new that is spot-on. Additional leakage available for downloading on the i-Pad.

Hyundai are on fire at the moment. They’re posting good profits at a time of economic instability, their quality & reliability is winning them awards and customers like what they see in their showrooms.  However, that magic formula seems to be losing its lustre elsewhere in the world. The Hindu Business Line reports that Tata Motors have snatched number 2 position from Hyundai in the Indian market. Sucks to be third! (Read More…)

For years, TTAC has argued that General Motors suffers from a profound lack of accountability. Specific instances include the $2b “Fiatsco,” most of Roger Smith’s tenure, and cars like the Pontiac Aztek and Cadillac Cimmaron. Incidents like these helped GM along its decades-long plunge into bankruptcy, unchecked by the lax corporate governance of what came to be called its Board of Bystanders. Hyundai’s CEO may have received similarly lax treatment from South Korea’s criminal justice system, but at least the shareholders are standing up for their investment.
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Canoe.ca reports that Hyundai are considering the option of a new production plant in Canada, provided the brand’s sales growth continues its upward momentum. “In Canada, if our volumes grow to the point we could support a plant we would consider it”. President and Chief Executive of Hyundai Canada, Steve Kelleher said. But, he warned, “for manufacturers there is a real urge to grow sales and put up plants to meet that growth, but if you do it too fast you lose the focus on what got you to where you are in the first place, and that’s quality.” Goodness, what could he possibly be referring to?

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Hyundai sales kept on climbing in January, though Kia slowed to just 27 units over its January 2009 sales numbers. Combined, Automotive News [sub] reckons they grew 13 percent to 52,626 units. Hit the jump for numbers.

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Hyundai’s fourth quarter profit quadrupled over last year’s fourth quarter results, reports Bloomberg, as net income hit $822m, up from $210m in the same period last year. Operating profit rose 44 percent to $722m. This comes despite an increase in the value of the Won, which has reduced profit on Hyundais exports, which make up half the firm’s revenue. And unlike other automotive firms reaping surprise year-end profits (like Ford), Hyundai’s gains come from increased sales rather than cost-cutting. Hyundai’s overall sales rose 14 percent to 3.2 million units last year, driven by growth in the US and Indian markets. Hyundai finished 2009 with just over five percent of the world market. Hyundai expects sales to rise 11 percent in 2010, and the firm is looking to take advantage of Toyota’s weakness by offering conquest incentives like those now offered by GM, Ford and Chrysler.