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Hyundai Motor Reports October 2016 Global Sales
No. 49002-11-2016358 hits
  • Hyundai Motor’s global sales total 411,499 units in October, down 10.1% YoY

 

Nov. 2, 2016 – Hyundai Motor, South Korea's largest automaker, reports its global sales results for October 2016.

Sales Results (Units)

1. Hyundai Motor currently has overseas plants in Brazil, China, the Czech Republic, India, Russia, Turkey and the U.S.
2. Domestic Production relate to the vehicles produced in Korea for the overseas markets.
3. Domestic Sales(Sales in Korea) is based on retail sales while Overseas Sales(Global Sales excluding Korea) is based on shipments.

[Highlights]
- Elantra showed a remarkable performance in October, posting sales of 7,943 units.
- Elantra was followed by Sonata and Grandeur posting 5,604 and 3,527 unit sales, respectively, in Korea.
- Tucson recorded a solid performance in the RV segment with 4,127 unit sales.
- Despite the sluggish economy, Hyundai Motor aims to regain sales momentum with soon-to-be launched the All-New Grandeur.

Breakdown of Overseas Shipment (Units)

* ‘Consignment (EU)’ includes the amount of vehicles produced by Karsan (Turkish commercial vehicles manufacturer) on consignment.

[Highlights]
- India showed solid performance as Creta, i10 and i20 sales maintain strong growth.
- Brazil also posted increased YoY sales as the economy started to recover after the interest rate cut.
- Sales increased MoM in Turkey as i20 appealed to the European customers.

Hyundai IONIQ Hybrid Sets 157.825 MPH, FIA-approved Land Speed Record at World-renowned Bonneville Salt Flats
No. 48902-11-2016322 hits
  • Hyundai Engineering Team Explores the Limits of new Hybrid’s Eco-performance, Applying Nitrous-oxide and Special Aerodynamics for Record
  • Federation Internationale de l’Automobile (FIA) Approved the New Production-based Hybrid Category Record

 

Oct. 30, 2016 - A race-prepared Hyundai Ioniq hybrid prototype, developed by Hyundai Motor America’s Engineering and Quality team, set an FIA-approved production-based hybrid vehicle land speed record of 157.825 mph, with a peak exit speed of 160.7 mph at Utah’s renowned Bonneville Salt Flats. The eco-focused Ioniq is Hyundai’s newest hybrid model, with hybrid, plug-in hybrid and electric powertrains to be available. Ioniq hybrid and electric models go on sale in the U.S. in late 2016.

“We couldn’t be more proud in setting the FIA hybrid-category record with our new Ioniq hybrid,” said Mike O’Brien, vice president, Corporate and Product Planning, Hyundai Motor America. “Our engineering team really pushed the limits to set this new segment benchmark while demonstrating the impressive durability of the entire Ioniq vehicle platform. We expect this will be the first of many accolades for Ioniq.”

Hyundai Motor America’s engineering and quality group led the concept development for this grassroots motorsports effort. “A key role of Hyundai’s engineering team in the U.S. is to thoroughly test all future vehicle prototypes to ensure they exceed the demanding expectations of our customers,” said Mircea Gradu, director, Engineering and Quality, Hyundai Motor America. “As we performed these tests on Ioniq, the engineering and quality staff became so impressed with the results that we began to wonder if we should raise our sights even higher, and the Ioniq land speed record effort was born.”

The development team made a number of special modifications to the Ioniq hybrid prototype to break the hybrid record, including:

Powertrain
• Low-restriction intake and exhaust systems with retained catalyst
• Engine, transmission, and hybrid ECU recalibrated and governors removed
• Air conditioning and ancillary accessories removed
• Nitrous Express single-stage direct-port nitrous injection with stand-alone fuel system, cockpit-controlled

Aerodynamics/Lightweighting
• Ioniq Electric model front grille and valance integration
• Underbody and air dam aerodynamic modifications
• Interior components removed or lightened

Suspension
• Progress Competition coil-over suspension with optimized spring, damping and sway bar rates and ride height lowered 100mm
• Lightweight aero wheels and wheel covers with Goodyear® Eagle tires

Safety
• Fully-integrated high-strength safety cage structure (Bisimoto-designed)
• Sparco® 6-point safety harness system, racing seat, and driver safety gear
• On-board fire-suppression system, battery disconnects and parachute

BONNEVILLE SALT FLATS

The Bonneville Salt Flats is a densely packed salt pan in Tooele County of northwestern Utah. The area is a remnant of the Pleistocene Lake Bonneville and is the largest of many salt flats located west of the Great Salt Lake. The property is public known for land speed records at the "Bonneville Speedway". Access is free and visitors can drive on the flats.

FEDERATION INTERNATIONALE DE L’AUTOMOBILE (FIA)

The Fédération Internationale de l'Automobile or International Automobile Federation) is an association established in 1904 to represent the interests of motoring organizations and motorists alike. To the general public, the FIA is mostly known as the governing body for many auto racing events. The FIA also promotes road safety around the world.

Its most prominent role is in the licensing and arbitration of Formula One and World Rally Championship motor racing. The FIA also certifies land speed record attempts.

Hyundai Motorsport secures WRC runner-up position with Wales Rally GB result
No. 48802-11-2016264 hits
  • Hyundai Motorsport has achieved another podium finish in Wales Rally GB, the penultimate round of the 2016 FIA World Rally Championship (WRC)
  • Thierry Neuville fended off team-mate Hayden Paddon to secure his sixth podium of the season and fourth in a row after Germany, Corsica and Spain
  • The result secures Hyundai Motorsport second place in the Manufacturers’ Championship - the team’s best ever result in WRC.

 

Oct. 30, 2016 - Hyundai Motorsport has added another podium to its list of 2016 achievements after securing third place in Wales Rally GB, the penultimate round of this year’s FIA World Rally Championship (WRC).

The result means that Hyundai Motorsport has secured second place in the WRC Manufacturers’ Championship behind Volkswagen Motorsport with one rally still to run. It is the team’s best result having finished fourth in its debut season in 2014 and narrowly missing out on second place last year.

Third place in this weekend’s rally also marks the first Wales podium for the team in its third season of WRC after two previous fourth-place finishes.

At the end of 22 competitive stages, run over a total distance of 330km, Thierry Neuville was able to defend a hard-fought third position from team-mate Hayden Paddon. The Belgian also picked up an additional Championship point for claiming the third fastest time in the rally-concluding Power Stage.

Paddon finished the event in fourth position, just under 20 seconds behind Neuville, his personal best result in Wales Rally GB. Dani Sordo ensured all three New Generation i20 WRCs completed the tricky Welsh event inside the top-six with a steady run to sixth.

The final morning saw crews tackle six stages on the notoriously challenging and slippery Welsh gravel. The 7.70km Clocaenog, 10.41km Alwen and 7.93km Brenig stages all posed their own tests with the latter of the three acting as the Power Stage. Against a backdrop of autumnal colour, all three Hyundai Motorsport crews negotiated the muddy stages cleanly and without any major issues.

For Neuville (#3 New Generation i20 WRC) and co-driver Nicolas Gilsoul, third place signifies their sixth podium of the season, and fourth in a row. Another strong collection of points moves them clearly into second position on the Drivers’ Championship with 143 points, 14 ahead of third-placed Andreas Mikkelsen.

Neuville said: “It’s been a really nice weekend for us. The team has done an incredible job and we’ve had a good car to contest these tricky stages. We didn’t have the pace to fight for the win but I’m still happy with a podium result. To take a Power Stage point was an added bonus, even if we weren’t pushing for it. The conditions this weekend have been typically demanding but we’ve kept our focus and found some good pace when it has mattered. It’s nice to take the team’s first Wales Rally GB podium, and to continue our run of positive results. It’s particularly pleasing to move clearly into second place in the Drivers’ Championship. Our aim is now to finish the season on a high in Australia.”

Like in Spain, Paddon (#20 New Generation i20 WRC) and co-driver John Kennard only narrowly missed out on a podium finish. Despite a tough weekend, the Kiwi crew took their best Wales Rally GB result and hold fourth in the Drivers’ Championship, just three points adrift of third.

Paddon said: “We’ve had a hard weekend, so to take fourth place isn’t too bad. We were involved in a tight battle with Thierry for the final podium position, but we weren’t able to take the fight any closer to him. All we could do was keep the gap as small as possible to remind him that we were there, but he had it covered. It’s the second rally in a row where we’ve just missed out, but there are still plenty of positives to take from this event. We know we have areas where we can improve in these conditions. I’ve had to work on adapting my driving style this weekend; this experience will be useful for the future. We now look ahead to Australia, with some positive momentum and a good road position.”

It’s been a disappointing rally for Sordo (#4 New Generation i20 WRC) and co-driver Marc Martí after their second-place finish in Spain a fortnight ago. Sixth place, however, consolidates Sordo’s own fifth place in the Drivers’ table – only 10 points from third in the Championship standings.

Sordo said: “It’s really been a weekend to forget for us. We weren’t able to find a rhythm on these slippery stages, and we lacked confidence on all days. Our aim this morning was simply to bring the car home and to take some points, which we thankfully achieved without any issues. We have to sit down to analyse why we couldn’t repeat the sort of pace we have enjoyed in other events this season. I have tried my absolute best but nothing we did delivered any real improvements. I’m determined to bounce back in Australia.”

Neuville’s third place means that Hyundai Motorsport has now taken 11 podiums in total this season, finishing in the top-three in nine out of the 12 events held. The team has confirmed its second place in the Manufacturers’ Championship on 285 points with Neuville, Paddon and Sordo all inside the top-five on the Drivers’ classification.

Team Principal Michel Nandan commented: “Firstly, we are all delighted to secure second place in the Manufacturers’ Championship with today’s result. It’s a special moment in our history and confirmation of our most competitive season in the WRC. It’s actually been a bittersweet weekend from a performance point of view. On the one hand, I am pleased we could take our first ever Welsh podium, thanks to a strong showing from Thierry and Nicolas. On the other hand, we were not able to put up a stronger fight for the top-two positions, which shows there are some areas of performance where we still need to improve. Looking at the positives, the New Generation i20 WRC ran reliably all weekend, and all three crews finished in the top-six - by far our most competitive showing in Wales to date. We can look positively towards the final event of the season.”

Rally Australia will bring the 2016 FIA World Rally Championship to its conclusion in three weeks’ time, taking place from 17-20 November.

Overall Final Classification
1. S. Ogier / J. Ingrassia (Volkswagen Polo R WRC) 3:14:30.2
2. O. Tanak / R. Molder (Ford Fiesta RS WRC) +10.2
3. T. Neuville / N. Gilsoul (Hyundai New Generation i20 WRC) +1:35.4
4. H. Paddon / J. Kennard (Hyundai New Generation i20 WRC) +1:54.9
5. K. Meeke / P. Nagle (Citroën DS3 WRC) +2:35.2
6. D. Sordo / M. Martí (Hyundai New Generation i20 WRC) +4:02.6
7. J. M. Latvala / M. Anttila (Volkswagen Polo R WRC) +4:28.3
8. M. Østberg / O. Floene (Ford Fiesta RS WRC) +4:38.2
9. S. Lefebvre / G. De Turckheim (Citroën DS3 WRC) +7:12.2
10. E. Camilli / B. Veillas (Ford Fiesta RS WRC) +8:19.3

2016 FIA World Rally Championship for Drivers’ Standings

S. Ogier 247 points / T. Neuville 143 / A. Mikkelsen 129 / H. Paddon 126 / D. Sordo 119 / J. M. Latvala 110 / M. Østberg 94 / O. Tanak 82 / K. Meeke 64 / C. Breen 36 / E. Camilli 28 / S. Lefebvre 14 / H. Solberg 14 / E. Lappi 12 / M. Prokop 12 / K. Abbring 10 / T. Suninen 8 / P. Tidemand 8 / J. Kopecky 7 / M. Ligato 6 / E. Evans 6 / L. Bertelli 4 / N. Fuchs 2 / A. Kremer 2 / V. Gorban 1 / K. Kruuda 1

2016 FIA World Rally Championship for Manufacturers’ Standings

Volkswagen Motorsport 322 points / Hyundai Motorsport 285 / M-Sport World Rally Team 154 Volkswagen Motorsport II 138 / Hyundai Motorsport N 136 / DMACK World Rally Team 92 / Jipocar Czech National Team 18 / Yazeed Racing 4

All results remain subject to official FIA confirmation.

Hyundai Motor Reveals Further Interior and Exterior Design Details for All-new Azera
No. 48727-10-2016416 hits
  • New images of the All-new Azera reveal bold signature themes that will lead the new era of Hyundai Motor design
  • Powerful yet elegant design silhouette retains traditional cues but with more sophisticated presence
  • Dramatic exterior design continues into the interior to complete the Modern Premium experience

 

Oct. 27, 2016 – Hyundai Motor has revealed further details of its All-new Azera in a series of new images that emphasize the signature sedan’s sophisticated exterior and interior design. The sixth generation Azera is rich in heritage and will lead a new era of design for Hyundai Motor when it launches in Korea next month.

The latest interior and exterior images of the All-new Azera – badged as Grandeur in Korea – reveal an advanced, glamourous design that builds on traditional design cues from previous generations of the Azera. Its own legacy is assured by Hyundai’s grand new three-dimensional ‘cascading grille’ that sets a prestigious yet futuristic tone, while the rest of the car continues the dramatic expression with exquisitely balanced proportions and beautiful detailing.

The exterior of the All-new Azera forms an elegant and dynamic silhouette, with the slim, horizontal headlamps and a grille positioned low down to visually lower the center of gravity and to enhance the car’s powerful stance. Precise yet rhythmical character lines are present from the front hood all the way through to the sophisticated, sensuous curvature of the rear fenders, with the distinctive rear light signature honoring traditional Azera design cues.

The majestic cascading grille leads a new era of Hyundai Motor design, creating a strong presence worthy of a signature sedan of Hyundai. Powerful body lines stamped into the All-new Azera’s hood present a purposeful image, harmonizing with the muscular rear silhouette. The balanced proportions and striking lines combine to reflect the car’s balance of comfort and performance driving capabilities.

The dramatic yet sophisticated exterior design continues inside, with smooth and undulating panels enhanced with rich colors for an inviting feel. The layered horizontal dashboard permits a wide and generous interior that enhances the perception of space, with intuitive controls and information displayed on each layer. New paint technologies and enriched materials demonstrate a high level of craftsmanship that delivers Hyundai Motor’s Modern Premium experience for a new, sophisticated demographic of premium car owners.

Hyundai Motor Announces 2016 3Q Business Results
No. 48626-10-2016335 hits
  • Hyundai Motor sold 3.48 million units worldwide through third quarter of 2016
  • Sales revenue and operating profit totalled KRW 69.11 trillion and KRW 4.17 trillion, respectively
  • Profits declined mainly due to production disruption caused by series of labor strikes and weakness in emerging markets
  • Company to improve fourth quarter business results by boosting sales of new models, SUVs and GENESIS models

 

Oct. 26, 2015 - Hyundai Motor Company, South Korea’s largest automaker, today announced its business results for the third quarter of 2016. Sales volume and operating profit declined from the same period last year due to production disruption caused by series of labor strikes and weakness in emerging markets. Also, increased marketing efforts for GENESIS brand and R&D investment contributed to the profit decline.

Through the first nine months of 2016, Hyundai Motor Company’s global sales totalled 3,477,911 units (Korea: 481,248 / overseas: 2,996,663), down 1.7 percent year-on-year.

Hyundai Motor’s sales revenue increased 2.9 percent to KRW 69.11 trillion (auto: KRW 53.28 trillion / finance and others: KRW 15.83 trillion) from a year earlier owing to sales increase of SUVs and GENESIS models. Operating profit fell 13.8 percent to KRW 4.17 trillion and net profit showed a 6.6 percent decrease to KRW 4.65 trillion, for the first nine months.

In the third quarter alone, global sales totalled 1,084,674 units while sales revenue posted KRW 22.08 trillion with operating profit of KRW 1.07 trillion.

Hyundai Motor forecasts that an unfavorable business environment is likely to continue due to stagnant growth in developed markets and economic recession in emerging markets in the fourth quarter.

Nevertheless, Hyundai Motor will continue its effort to focus on strengthening competitiveness and product quality in the global automotive market. To do so, Hyundai Motor is planning to boost sales of SUVs, GENESIS models and new models such as the All-new Azera, planned to go on sales in the fourth quarter of 2016.

Hyundai Motor will continue its cooperation with suppliers and actively carry out more values to customers. Hyundai Motor also strives to build a more shareholder-friendly environment by increasing transparency and shareholder’s value.

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