According to Germany’s usually well informed AUTO BILD, Korea’s Hyundai either did or still does cast longing eyes on struggling Opel. Opel is on Hyundai’s horizon, literally: Hyundai’s German tech center in Rüsselsheim is only a few miles away from Opel. “Hyundai is growing faster than any other automaker. They are desperately seeking new engineers at the Hyundai tech center,” writes AUTO BILD, “and the plant in Czech Nošovice cannot be expanded further. Opel with thousands of well trained engineers, precious EV know-how (Ampera) and underutilized plants would be a great fit.” And this is how the latest car-cliffhanger started … (Read More…)
Mahindra & Mahindra’s abortive plans to bring its rugged diesel-powered pickups to the US have garnered quite a cult following here at TTAC. We follow the impending coming of M&M religiously. And now we demand license fees for the continuously coming cult car. (Read More…)
To bridge the time until Kia reports hard numbers for June, we did some spreadsheet acrobatics and arrived at the attached. The black numbers are hard reported numbers, the grey numbers are calculated. If Reuters’ 22 percent are correct, then the June table for Hyundai-Kia should look something like this: (Read More…)
The front end of the forthcoming 2013 Malibu is cleanly handsome in a somewhat bland, international style… but that booty could only come from America! We haven’t seen much of the Malibu outside of still shots, and this video (hunted down by our man in Korea, Walter Foreman) is almost as jarring as seeing a car in person for the first time. In fact, it’s beginning to seem like the Malibu, with its very different front and rear-end treatments and what appears to be a featureless wasteland in between, is going to be difficult to properly appreciate until we see it in person.
When Korean EV maker CT&T decided to crack the US market they took a high profile that left some observers scratching their heads. The plans seemed a bit ambitious. Two years ago, CT&T announced that it would begin importing and then producing electric cars in the US, eventually employing 2,600 people within five years. The small EV maker dangled production sites in front of South Carolina, Georgia, North Carolina, Alabama and California, looking for tax breaks and incentives. Eventually they settled on Hawaii, Pennsylvania and South Carolina, and those states greeted CT&T with huzzahs and open arms. To announce to the world that they were playing in the automotive big leagues, CT&T had a fairly large display at the 2010 North American International Auto Show in Detroit, showing their tiny EVs and a new electric sportscar, the C2, for Creative Challenge (or at least that’s what the decals on the side said).
See that? Looks a bit like a first-generation Scion xB, doesn’t it? It’s actually a new Kia, codenamed “Tam,” built on its new A-segment Picanto Morning platform, but featuring first-gen xB-style tall-body MPV packaging. The Picanto’s wheelbase is actually slightly smaller than the xB’s, and there’s another key difference here as well: see that rear door? Look where the handle is placed. That’s right, it’s a slider! But that’s not all…
Assembly lines at South Korea’s Hyundai Kia ground to a halt this weekend after the companies ran out of a needed engine parts. Production of Hyundai’s Tucson ix, Santa Fe and Veracruz and Kia’s Carnival has stopped. On Wednesday, production of most of Hyundai’s and Kia’s cars will be affected unless the parts shortage is solved. The Korean units of GM and Renault will suffer, as well as Ssangyong. Do they all get their engines parts from Japan? (Read More…)
In late December, Ed Niedermeyer reported that Hyundai’s “Euro-market midsizer, known as the i40, will debut as a wagon at the Geneva Auto Show in March, with a sedan version coming later next year:” Ed was right: The sedan will be shown at the Barcelona Auto Salon, May 14 to 22. Hyundai is taking aim at a big target: Volkswagen. (Read More…)
A lot of people ask what is the K-factor, what is the Koreaness, in the cars, which is hard to answer because there isn’t any really. To be honest, we don’t want the cars to look Korea.
This one we did with the inspiration of using Koreaness. So it will have some clues in it coming from Korean crafts and art
How so?
Its pale green jade color is derived from that used in Korean Celadon-style pottery. The headliner is made from hand-crafted hanji paper. Korean oak is used to trim the doors and cover the floor, as it is in traditional Korean architecture.
And the rest of the design? Is that supposed to reflect Schreyer’s “Germaness,” or is it a product of his German-based perception of what “Koreaness” is supposed to be? Meanwhile perhaps the most interesting question for Schreyer would be: how do you keep production Kias from “looking Korean”? The national question is one huge can of worms, and it inevitably leads to some awkward conversations. And, in this case anyway, it seems to have even led to an awkward design.
One of the many theories for Mahindra’s absolute botching of its long-anticipated US launch is that the Indian automaker was too busy last year acquiring its diesel-4×4 soulmate, Ssangyong. Both firms got their start building Jeep CJs, both specialize diesel-powered vehicles, but while Mahindra focuses on trucks and old-school SUVs for the developing world, Ssangyong has more experience with crossovers and MPVs as well as sales in mature markets like Europe. Together, they make an Asian invasion of diesel-powered 4x4s far more likely to succeed in the US, and Automotive News [sub] reports that the plans are already in the works. According to Chairman Yoo Lee [via AN [sub]], Ssangyong sees itself selling about 20k units in the US
two-to-three years from now – but within five years at the latest.
If true, this explains why Mahindra backed out of its deal with US distributor Global Vehicles: rather than cobbling together a sales network for pickups alone, Mahindra needs to plan for an independent dealer network in the states that’s capable of selling Mahindra pickups and SUVs, Ssangyong’s brand-new Korando crossover (reviews here and here) and possibly even REVA EVs. Think of it has one-stop shopping for all your developing-world 4×4, diesel and tiny electric car needs.
In Europe, any substantial market penetration by Chevrolet is “still a long-term goal,” concedes the Freep. And then, the Detroit paper proceeds to publish completely bogus numbers: (Read More…)
More little steps on the hydrogen fuel cell front, part of the walk-up to the big 2015 launch: Hyundai signed a memorandum of understanding with Norway, Sweden, Denmark and Iceland to supply hydrogen fuel cell electric vehicles to public organizations in a pilot program, The Nikkei [sub] reports. (Read More…)
Hyundai Motor Co. today released impressive results. Net 2010 profit increased 77.8 percent to 5.3 trillion won ($4.7 billion) on global sales of 3,612,487 units. That’s a 16.3 percent sales gain from a year earlier. Whoa, says the attentive observer of sales data, didn’t they make some 4.6 million last year? Where is the increase? The 4.6 million were Hyundai and Kia together.
Many journos will trip over that today. (Read More…)
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