Jump to content
News
Reviews
Discussons
Activity
Create New...
Close
  • William Maley
    William Maley

    By William Maley •

    Hyundai Could Hit 700,000 Sales In The US By The End Of 2012

    William Maley

    Editor/Reporter - CheersandGears.com

    April 13, 2012

    Hyundai could reach 700,000 vehicles sold by the end of the year, despite tight vehicle supplies due to Hyundai's cap on global production.

    Hyundai Chairman Chung Mong-koo has been on crusade for better quality vehicles. One of his moves to improve it was to put a cap on production. On one hand, that's a good move to have better quality. On the other hand, Hyundai is “literally selling cars off the transporters” to meet demand. In early March, Hyundai had 55,000 vehicles in dealer inventory.

    "What (Chung) wants to do is assure we're all focused on quality." said Hyundai’s North American operations, John Krafcik. "When he is satisfied that we've achieved this steady state from which we can grow, then we'll have some opportunity" for adding capacity.

    For now, Hyundai will slash fleet sales from 10% to 5%. Krafcik said that should free up about 100,000 vehicles.

    Last year, Hyundai sold 645,691 vehicles in the U.S., up 20% from 2010.

    Source: Reuters

    Go to articles

    User Feedback

    Recommended Comments

    regfootball

    Hyundai is sort of repeating what Honda+Toyota did, and they have cheap overhead.

    Hyundai makes a good car now, but I still see them and not really feel anything for them.

    Give them credit for making signature styling and for doing what they do.

    Link to comment
    Share on other sites
    Robert Hall

    Hyundai is sort of repeating what Honda+Toyota did, and they have cheap overhead.

    Hyundai makes a good car now, but I still see them and not really feel anything for them.

    Give them credit for making signature styling and for doing what they do.

    Yeah, they are kind of in a growth position as Toyota was 20-25 years ago...plus, they have Kia as well, which has been growing also..

    Link to comment
    Share on other sites
    SAmadei

    Hyundai is sort of repeating what Honda+Toyota did, and they have cheap overhead.

    Hyundai makes a good car now, but I still see them and not really feel anything for them.

    Give them credit for making signature styling and for doing what they do.

    Yeah, they are kind of in a growth position as Toyota was 20-25 years ago...plus, they have Kia as well, which has been growing also..

    Doing better, IMHO, that Toyota 20-25 years ago... Hyundai in 2010 was the 4th largest automaker.

    What I don't understand... does Hyundai own Kia or what? I see conflicting reports, but in the Hyundai Motor Group Entry on Wikipedia, it is reported that Hyundai only owns 49.2% of Kia... not outright... in fact, not even controlling interest. Likewise, the Kia page says it is partly owned by Hyundai.

    If Hyundai hasn't finished buying up Kia, then that helps explain why Kia and Hyundai seem to have so much product overlap.

    Link to comment
    Share on other sites
    Robert Hall

    Hyundai is sort of repeating what Honda+Toyota did, and they have cheap overhead.

    Hyundai makes a good car now, but I still see them and not really feel anything for them.

    Give them credit for making signature styling and for doing what they do.

    Yeah, they are kind of in a growth position as Toyota was 20-25 years ago...plus, they have Kia as well, which has been growing also..

    Doing better, IMHO, that Toyota 20-25 years ago... Hyundai in 2010 was the 4th largest automaker.

    What I don't understand... does Hyundai own Kia or what? I see conflicting reports, but in the Hyundai Motor Group Entry on Wikipedia, it is reported that Hyundai only owns 49.2% of Kia... not outright... in fact, not even controlling interest. Likewise, the Kia page says it is partly owned by Hyundai.

    If Hyundai hasn't finished buying up Kia, then that helps explain why Kia and Hyundai seem to have so much product overlap.

    Didn't realize that. I thought it was 100%. Interesting..

    Edited by Cubical-aka-Moltar
    Link to comment
    Share on other sites
    riviera74

    I do remember reading somewhere that Kia is partly owned by Hyundai. Supposedly Kia is the sportier of the two. Their relationship seems similar to Pontiac and Chevrolet back in the 1980s and 90s (excluding trucks).

    Link to comment
    Share on other sites
    ocnblu

    Speaking of trucks, don't Koreans use pickup trucks? I wonder what kind of compact, straightforward pickup truck Hyundai/Kia could come up with. I wonder if they sell them KDM...

    Link to comment
    Share on other sites
    SAmadei

    Speaking of trucks, don't Koreans use pickup trucks? I wonder what kind of compact, straightforward pickup truck Hyundai/Kia could come up with. I wonder if they sell them KDM...

    Koreans like their cab-overs. Hyundai makes the Porter II.

    220px-20110731_hyundai_porter_001.jpg

    Kia makes the Bongo series...

    220px-Kia_K2500_L50_TCI.JPG

    Hyundai did make a more conventional pickup, the Libero from 2000-2007. Not much on it, so I guess it wasn't successful in the homeland.

    Link to comment
    Share on other sites
    ocnblu

    I guess a compact, cabover pickup truck would be viewed as an oddity in these United States, but I fell in instant lurve with that Suzuki cabover pickup concept from a few yerrs ago.

    Link to comment
    Share on other sites
    G. David Felt

    I think Hyundia will eventually pass most Japan auto makers due to their own downfall. This downfall is that they spread out in trying to be everything to everyone.

    Honda, makes Boat motors and cars and generators, they seem to have such a diverse portfolio I wonder if they really are top in their game for anything? I admit I had a 10HP Honda 4 stroke motor for my small 16 foot aluminum boat and it was an freakin amazing engine. Yet how does that help with their cars? I just think they japanease have lost their way with branching into far too many areas. The Honda dealership by my house not only sells the auto's, they have a small section to sell generators, boat motors, lawn mowers, etc. I wonder if people really like it or feel it is weird?

    Link to comment
    Share on other sites


    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.

    ×

  • google-news-icon.png



  • google-news-icon.png

  • Subscribe to Cheers & Gears

    Cheers and Gears Logo

    Since 2001 we've brought you real content and honest opinions, not AI-generated stuff with no feeling or opinions influenced by the manufacturers.

    Please consider subscribing. Subscriptions can be as little as $1.75 a month, and a paid subscription drops most ads.*
     

    You can view subscription options here.

    *a very limited number of ads contain special coupon deals for our members and will show

  • Posts

    • trinacriabob
      Airplanes

      By trinacriabob · Posted

      Interesting musical chairs I recently learned about. ITA Airways was recently acquired by Lufthansa. ITA, and preceding Alitalia, were in SkyTeam, headed up by Delta along with Air France and KLM.  ITA came across as an unwanted stepchild for the more fastidious French and Dutch.  SkyTeam is pricey, as are their award redemption tiers. With this transaction, ITA joins Star Alliance, headed up by United and with Lufthansa and Air Canada in the consortium.  I'm happy about this.  At least I am right now.
    • trinacriabob
      Random Thoughts Thread

      By trinacriabob · Posted

      I don't feel religion is bad.  I have one.  It's the dogmatic "holier than thou" crowd - usually older ladies who go to socialize and gossip - that drives people away. Ukraine has the right to exist peacefully the way we've known it to be for some 30 to 40 years.  The death toll is harrowing, and it's hard to think about the children, elderly, and invalids they've killed or maimed.  And these instigators claim to believe in God.  Not.
    • G. David Felt
      Random Thoughts Thread

      By G. David Felt · Posted

      Seems the crazy Stooges circus has begun. https://www.msn.com/en-us/news/politics/liz-cheney-referred-for-criminal-investigation/ar-AA1w2lHB?ocid=BingHp01&cvid=f2884bd4f8b34ba2f527fff1fded1ac6&ei=12 Crazy back n forth, I hope Ukraine can recover their land and kick Russia out. https://www.msn.com/en-us/news/world/vladimir-putin-embarrassed-as-ukrainian-rout-causes-huge-russian-surrender/ar-AA1w0T5o?ocid=BingHp01&cvid=f2884bd4f8b34ba2f527fff1fded1ac6&ei=23 Next year is going to be one extremely large clown mess of attempted dictatorship wanna be attempts against our Constitution and I fear this is only the beginning as investment firms lock in profits and get out of companies, they do not feel can handle a downturn in a U.S. and or Global Economic recession. https://www.msn.com/en-us/money/markets/dow-suffers-worst-losing-streak-in-nearly-50-years-this-stock-is-driving-index-down/ar-AA1w2wlh?ocid=BingHp01&cvid=f2884bd4f8b34ba2f527fff1fded1ac6&ei=34 This will hurt the GOP as folks assess their view of Conservative with the GOP party. https://www.msn.com/en-us/news/politics/record-slim-house-majority-faces-new-problems-as-gop-lawmaker-announces-exit-from-republican-conference/ar-AA1w2e2V?ocid=BingHp01&cvid=f2884bd4f8b34ba2f527fff1fded1ac6&ei=47 Good to see our judicial system stand up to the snake oil salesmen who think they can get away with various crimes. https://www.msn.com/en-us/news/politics/judge-merchan-just-put-leash-on-trump-during-presidency-legal-analyst/ar-AA1w2qhi?ocid=BingHp01&cvid=f2884bd4f8b34ba2f527fff1fded1ac6&ei=67 This brings up a good question for all here, do you like Standard Time or Daylight Savings time? If you are like me and not wanting to deal with flipping back and forth on time twice a year, which time do you want? https://www.msn.com/en-us/news/politics/trump-says-he-ll-end-daylight-saving-time-here-are-the-winners-and-losers-if-he-does/ar-AA1w1Obc?ocid=BingHp01&cvid=f2884bd4f8b34ba2f527fff1fded1ac6&ei=78 So here is how states have voted to make one or the other permanent and do away with the flip back and forth. I do find it interesting that Ford is still filing patents on EV technology even though they have pulled back and have not really planned to move forward with 800v platform. Ford's Latest Patent Could Revolutionize EV Charging Crazy the lease deals you can get on an EV. As expected another ICE only, death to EV writer finally, actually got behind a wheel and found that the EVs are way better than ICE and even states that his next auto will be an EV now that he has actually driven one and tested it. Interesting read, his few dislikes is more of him needing to choose the display preference. I like mine in Dark mode, but the wife likes hers in light mode. So it is totally customizable. I drove an EV for the first time Have to say, I am hearing more and more from coworkers who were a never EV mind set, have actually test drove and ended up buying an EV. I think the tipping point is here where variety of EV choices are going to only make this more and more common. I suspect the Kia EV3 next year will be a huge deal for them as will the Chevrolet BOLT coming back into the market. Two SUVs that are below $30,000 will attract many new auto buyers.
    • G. David Felt
      Beautiful Cars Appreciation Thread

      By G. David Felt · Posted

      @oldshurst442 Thank you for the laugh, I needed it today. Much appreciated the post you did.
    • oldshurst442
      Beautiful Cars Appreciation Thread

      By oldshurst442 · Posted

  • Who's Online (See full list)

    • There are no registered users currently online

  • My Clubs

×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

I've whitelisted
Continue without support

Write what you are looking for and press enter or click the search icon to begin your search