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May 3, 2016 – Hyundai Motor, South Korea's largest automaker, reports its domestic and overseas sales results for April 2016.
[Highlights] - Global sales in April 2016 totals 412,626 units – a decrease of 5.5% YoY. - Sonata perseveres sales in Korea this month reaching a total of 8,057 units in domestic sales. - Genesis and G90 (EQ900 in Korea) showed total sales of 6,409 units in Korea in March.
Breakdown of Overseas Shipment
[Highlights] - Despite sales decrease in the U.S., SUV models and the All-new Elantra is expected to gain momentum in the U.S. market. - Czech Plant shows positive shipment figures as Tucson and i30 posts high sales in the European market. - Sales figure reveals a solid performance in India as i10 and i20 sales show strong growth. - China Plant yearly sales figure improves due to economic recovery nationwide.
April 28, 2016 – Hyundai Motor’s Tucson, Equus and Genesis were named winners in the inaugural TrueCar Pre-Owned Value Awards. This new award, which is powered by ALG, TrueCar’s analytics division and the benchmark for future vehicle values, identifies used vehicles that represent excellent value for consumers based on future resale value.
Tucson, Equus and Genesis won in compact utility, premium executive and premium full-size categories, respectively, for holding their value better than competing vehicles.
“Each of the three ranked Hyundai vehicles provides a unique value proposition for consumers in its respective segment,” said Jim Nguyen, TrueCar EVP and general manager of ALG. “The Hyundai Tucson led the charge during Hyundai's recent surge in popularity here in the U.S. market. Dynamic styling and a well-appointed list of features have led to sustained demand for the Tucson among used car shoppers in the red hot compact utility segment.”
Hyundai CPO vehicles earned the top honor for being backed up with a manufacturer’s warranty. In addition to the striking design, safety, technology and uncompromised workmanship found in all Hyundai vehicles, a Hyundai CPO vehicle comes fully equipped with a suite of benefits Hyundai values at more than $2,000.1
Hyundai’s CPO program includes vehicles up to five years old and with 60,000 or fewer miles. Its CPO program also includes a warranty for the remainder of the original five-year/60,000-mile bumper-to-bumper warranty and 10-year/100,000-mile powertrain warranty. Furthermore, owners have access to 10 years/unlimited miles for roadside assistance, $50 deductible for warranty repairs, and rental car and travel interruption reimbursement for covered repairs. In addition, owners can transfer the vehicle to a private-party buyer and, as an added bonus, get a three-month subscription to Sirius/XM satellite radio and a complimentary CARFAX Vehicle History Report™.
“Our certified pre-owned program offers significant value and additional protection for customers," said Derrick Hatami, Vice President of National Sales for Hyundai Motor America. "Earning third-party accolades from TrueCar and other industry analysts reinforces the strength of our CPO program and the quality of our vehicles."
The 2016 TrueCar Pre-Owned Value Awards recognize pre-owned 2014 model-year vehicles across 27 segments available for resale in 2016 that are expected to retain the highest percent of their value over the next three years. Award winners are determined through careful analysis of used vehicle performance, brand outlook and product competitiveness. To account for differences across trim levels, model averages are weighted based on percentage share relative to the entire model line.
April 28, 2016 – The Hyundai Genesis and Sonata were honored with The Car Book’s 2016 “BEST BET” distinction. For 36 years, The Car Book has selected vehicles for this recognition based on their response to the performance and safety needs of the American car buyer.
“Hyundai continues to exceed customer expectations in terms of build quality and standard features,” said Jack Gillis, author, The Car Book. “By offering vehicles that respond to the safety and performance needs of today’s consumers, Hyundai continues to make a significant contribution to improving the market choices for the American car buyer.”
The Car Book has been an important guide to help car buyers make smart and sensible decisions. The company evaluates vehicles in nine categories: crash tests, safety features, rollover, preventative maintenance, repair costs, warranty, fuel economy, complaints and insurance, with the heaviest emphasis on safety.
“The BEST BET recognition from The Car Book demonstrates our emphasis on safety and performance with bold styling and advanced technologies across our sedan lineup,” said Mike O’Brien, vice president, Corporate and Product Planning, Hyundai Motor America. “Within the crowded sedan segment today, we strive to deliver cars that are ‘better’ in every aspect, to win over the needs of car buyers—from better safety to better performance. This is a promise we will continue to deliver to our customers.”
The 2016 Genesis is equipped with many advanced safety technology options, including ESC, Lane Departure Warning System, Tire Pressure Monitoring System, Brake Assist and Electronic Brake Distribution, Lane Change Assist and a rearview camera. In addition, the Genesis includes Sensory Surround Safety Technologies that help driver alertness, focusing on total occupant safety and the safety of other drivers nearby.
The 2016 Sonata added even more safety equipment, making Automatic Emergency Braking (AEB) functionality available to models previously equipped with Forward Collision Warning (FCW). Standard safety equipment includes Vehicle Stability Management (VSM) with Electronic Stability Control (ESC) and Traction Control System; a driver’s side blind-spot mirror; seven airbags, including a driver’s knee airbag; four-wheel disc brakes and ABS with Electronic Brake-force Distribution (EBD) and Brake Assist; and Tire Pressure Monitoring System (TPMS) with indicators for each tire.
April 25, 2016 – Hyundai Motorsport has taken its second ever victory in the FIA World Rally Championship (WRC) on a thrilling final day in Argentina, round four of the 2016 season.
Hayden Paddon and John Kennard, who have been among the quickest, produced a sensational Power Stage performance to eclipse hard-pushing Sébastien Ogier and claim outright victory by 14.3 seconds.
The result not only marks Hayden Paddon’s debut WRC win, but also the maiden victory for Hyundai Motorsport’s New Generation i20 WRC in only its fourth outing. It also continues the team’s most competitive start to a WRC season in its short history adding a third podium and cementing Hyundai Motorsport’s second place in the Manufacturers’ Championship.
Hayden Paddon commented: “I can’t believe it! I really didn’t think we were going to be able to hang on. It all came down to the Power Stage and we pushed really hard. It was particularly special to pull out that performance on El Condor. We’ve worked a lot on that stage because I’ve not been particularly strong on the tight and twisty stages. We drove the wheels off the car. It’s a lot to take in at the moment. It’s a fantastic result for me, John and the whole team. A huge amount of work has gone into the New Generation i20 WRC. I knew from the first test that we could win with it. I just didn’t quite expect it to be so soon.”
This victory continues Hyundai Motorsport’s impressive start to the 2016 WRC season after podiums in Monte-Carlo and Sweden, and fourth in Mexico. It is the team’s first win since Rallye Deutschland in 2014 and this afternoon’s Power Stage performance underlines the potential that the New Generation i20 WRC has on a level playing field against its rivals.
Team Principal Michel Nandan said: “This is a rally weekend that we will never forget! Hayden has put in the performance of his career to take one of the most popular victories we’ve seen in WRC in recent times. His pace and commitment in the Power Stage was impressive; he and John both deserve this win. It’s fantastic for all of us at Hyundai Motorsport. It is our second win in WRC but the first with our New Generation i20 WRC in only its fourth event. We’ve worked so hard on this car so to see the fruit of our work is very special. All our drivers and team members can share in this moment. While we will enjoy this moment, we know there is more to do so we will continue to push development of the New Generation i20 WRC. Portugal is next with a new set of demands and challenges.”
The fifth round of the FIA World Rally Championship, Rally de Portugal, takes place 19-22 May as Hyundai Motorsport aims to continue the winning momentum with the New Generation i20 WRC.
April 19, 2016 - Hyundai Motor Company is accelerating developments in connected car technology by collaborating with Cisco, a worldwide leader in IT and networking equipment. The cooperation is part of Hyundai Motor’s wider strategy to establish an industry-leading connected car platform through collaboration with leading technology partners.
Hyundai Motor will initially focus on the next generation of in-vehicle networks at the core of connected car technology, optimizing the transmission and reception of data within the vehicle. The technology will not only transmit and receive data faster, but also allow each subsystem inside the vehicle to communicate more effectively; this is essential to enabling future connected cars to incorporate the increasingly complex features that transfer ever-growing amounts of data in real time.
Hyundai Motor and Cisco will collaborate to create a testing environment for vehicle simulation. The companies will cooperate on basic research to thoroughly analyze the flow of data and verify new technologies for connected cars. Moreover, Hyundai Motor will invest in cloud, big data analytics and connected car security technologies, with huge investment in research and development.
“Future connected cars will open new innovations in quality, safety, and security, as never before. By expanding time and space, more safety will be guaranteed for our customers. Hyundai Motor will provide new values that go beyond our customers’ expectations in safety, quality and security through cooperating with Cisco. This collaboration will be a chance to bring closer the Hyundai Motor-led future of connected cars and shift paradigms of new mobility,” said Euisun Chung, Vice Chairman of Hyundai Motor.
Hyundai Motor Vice Chairman Euisun Chung and Cisco CEO Chuck Robbins paid a visit to the startup that created the simulation testing environment for the connected car project in order to share and discuss the advancement in the research, and showed interest in fostering a startup-friendly environment.
“This is truly an exciting time to collaborate with Hyundai Motor. Digital disruption into the automotive industry is being driven by technologies that are creating new user experiences; and our leadership in the areas of connected vehicles, security, and large-scale communication technologies will be crucial to establishing an industry-leading platform. Cisco is honored to join efforts with Hyundai Motor on the Connected Car initiative, and to play our part in the automotive industry’s evolution,” said Chuck Robbins, CEO of Cisco.
Hyundai Motor recently outlined its Connected Car Roadmap, introducing four main service fields as part of its “Hyper-connected Intelligent Cars” concept. The mid- to long- term development focus includes: smart remote maintenance service, autonomous driving, Smart Traffic, and connectivity Mobility Hub, all of which will benefit from continued R&D investment in the fields of in-vehicle networks, cloud and big data analytics and connected car security technologies.
© 2016 HYUNDAI MOTOR COMPANY