All Hyundai articles
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FeatureDriving into a Russian road block?
Despite economic uncertainty in Russia, analysts expect new vehicle sales to grow further - putting increasing pressure on the nation’s already depleted fleet of car carriers
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FeatureDealing with change
In recent years, a number of shifts in the industry have begun to affect traditional dealership models, changing the types of relationships that exist between dealers, OEMs and customers. As OEMs move increasingly towards selling more vehicles directly to customers, there are growing indications of significant impacts for traditional dealers. ...
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FeatureHyundai abandons trial moving vehicles by rail
Hyundai Motor India (HMIL) has decided not to pursue a recent pilot scheme to despatch finished vehicles to Chennai port by rail.Both the manufacturer and the port trust announced that Hyundai had sent 102 cars to the port by rail on November 27, with a further 125 cars the following ...
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FeatureRussia continues to increase finished vehicle imports
Russia imported 212,400 finished vehicles from January to November of 2018, which is an increase of 15.8% compared to the same period of last year, Russian Federal Customs Service (FCS) estimated. The overall value of finished vehicles imports during that period reached $5.2 billion, FCS added.Almost 33% of passenger cars ...
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FeatureChugging or changing?
Demand for rail transport is growing faster than service providers can keep up with, according to Siegfried Jung, head of planning and steering vehicle dispatch and transport at BMW Group.[related_topics align="right" border="yes"]Jung says that increased demand for rail transport, from both public and industrial sectors, currently exceeds capacity. Rail infrastructure ...
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FeatureRewriting the rules
Russia’s Industry and Trade Ministry wants OEMs to make huge investments in new production capacity in Russia over the coming decade, in order to continue qualifying for state aid. A bill laying down the basis of a new national localisation strategy was published in August that is designed to replace ...
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FeatureCar prices jump in Russia as fiscal pressure mounts
The cost of most new cars in Russia rose sharply in September in response to a mix of factors including the recent devaluation of the Russian rouble, the introduction of higher duties on imported components and an upcoming increase in taxation.Research conducted by the Russian Gazette, the official publication of ...
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FeatureMexico hopes for a smoother road ahead
After much uncertainty around trade talks between Mexico and the US and the former’s presidential election, Mexico’s economic and political conditions now seem clearer, leaving OEMs and LSPs in the country more optimistic about the future.Mexico, which is the world’s fourth biggest vehicle exporter, has enjoyed strong levels of exports ...
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FeatureManta reports huge increase in vehicle traffic
The port of Manta, in northern Ecuador, has reported a doubling in the volume of finished vehicles it handled over the first seven months of this year to 42,056 units, compared to 20,691 units in the same period last year.Roberto Salazar, president of Manta Port Terminals (TPM) – the private ...
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FeatureStandoff between the US and Turkey raises questions for OEMs
The collapse in the value of the Turkish lira and the political stand-off between Turkey and the US have some potentially serious consequences for the continued growth of the automotive sector in the country.Car and light van production in Turkey has grown steadily in recent years, to around 1.4-1.5m vehicles ...
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FeatureCracking under sanctions
The re-imposition of sanctions by the US on Iran has dealt a hammer blow to the country’s emerging automotive industry. The threat of retaliation by the US against those whom it deems to have broken those sanctions has, once again, prompted vehicle-makers and logistics companies to pull out of the ...
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FeatureEEU hits vehicle makers with revised rates
Carmakers with assembly plants in Russia, Kazakhstan and Belarus are now unable to export finished vehicles duty free within the Eurasian Economic Union (EEU), because the localisation rate has increased.Previously, almost all Russian carmakers, as well as those foreign carmakers with plants in the region, were registered on the EEU’s ...
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FeatureA rising tide – with political undercurrents
Mexican production and exports continued to grow through 2017, both to the US and globally. At the same time, US sales remained strong and were fed by an increase in imports from established and emerging markets. It is only in Canada that both sales and assembly are showing a decline. ...
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FeatureRussia's fresh focus on exports
In recent years, Russia has put considerable resources into encouraging recovery in its domestic automotive industry. Last year, the federal budget included 62.3 billion roubles ($1 billion) in state aid for carmakers. Such sums have been spent primarily on boosting demand in the domestic market, which has been under pressure ...
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FeatureTrump’s tariffs attract worldwide disapproval
Carmakers, parts manufacturers, trade bodies and the European Union have all sharply criticised the Trump administration’s proposed import tariffs on vehicles and auto parts.Hinting at potential supply chain disruption, Toyota said: “There is no vehicle [made] in the United States … that is sole-sourced from exclusively US parts and components.”The ...
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FeatureTrump stamps on Iran’s automotive revival
When Iran reached agreement with the global community in 2015 regarding denuclearisation, resulting in the lifting of sanctions in early 2016, almost immediately Renault and PSA announced their return to the country. Prior to Iran being ostracised, both companies had been active there via joint venture (JV) manufacturing operations, mostly ...
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FeatureSweet home Alabama
One of the most popular songs about the US state of Alabama, ‘Sweet Home Alabama’, opens with the line “Big wheels keep on turning” – and indeed the number doing so is set to grow after the January announcement that a $1.6 billion Toyota-Mazda joint-venture manufacturing plant is scheduled to ...
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FeatureHarman expands Suzhou factory
Samsung Electronics subsidiary Harman International has expanded its plant in Suzhou, China, which produces audio and connected car products.Extra production lines have been added and the company said the extra space would allow it to optimise order handling and scheduling there as well as improve the layout of its storage ...
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FeatureWaking up to a new dawn
Brazilian vehicle manufacturers are increasingly optimistic that the country can claw its way out of a deep recession. The country is experiencing a period of low inflation, low interest rates, light GDP growth and a tentative recovery in employment, reflected in improving purchasing power and consumer confidence. Moreover, consumers with ...
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FeatureRussia to halt parts imports during Fifa World Cup
Russia is likely to cease importing almost all automotive components and spare parts for two months from May 25 to July 25, as the federal government seeks to impose unprecedented security measures in the country for the duration of the Fifa World Cup 2018 football tournament.The government is planning to ...