2005 Volkswagen Jetta receives high marks in crash tests Apr 25, 2005
The vehicles included the Suzuki Verona, Hyundai Sonata, Kia Optima, Saturn L Series, Dodge Stratus, Chrysler Sebring, Mazda 6, Toyota Camry, Chevrolet Malibu, and Nissan Altima ... The air bags are standard on the Hyundai Sonata and its corporate cousin, the Kia Optima; and in 2002-2005 models of the Saturn L Series. (Buffalo News)
Higher Costs, Strong Currency to Dent Hyundai Apr 25, 2005
SEOUL (Reuters) - Hyundai Motor Co., South Korea's top auto maker, is expected to report a 21 percent drop in quarterly profits on Thursday, pinched by a stronger won, higher steel prices and a sluggish local economy. The current second-quarter outlook for Hyundai, which is aiming to be among the world's top five auto makers by 2010, looks little better as the company is due for wage talks with its powerful 40,000 strong union ... Hyundai is expected to earn net profit of 367 billion won ($367... (Reuters -- The Reuters Edge)
2005 VW Jetta is 'good' in front, side impact tests Apr 25, 2005
Ten midsize cars, all tested in 2004, received "poor" side-impact ratings: Suzuki Verona, Hyundai Sonata, Kia Optima, Saturn L Series, Dodge Stratus, Chrysler Sebring, Mazda 6, Toyota Camry, Chevrolet Malibu, and Nissan Altima. The side-impact test, introduced by the institute last year, is designed to show what happens when pickup trucks or SUVs hit cars in the side. (AZCentral -- News)
Should 80mph be made the legal limit? Apr 25, 2005
for more deals including a Mercedes E320CDi (?4,155 off) and a Hyundai Coupe (?3,298 off). MOTORING SERVICES. (TimesOnline)
China
the next Japan? Apr 25, 2005
Japanese makers such as Toyota and Nissan were derided in their early forays into the USA. And South Korean maker Hyundai had a disastrous first bid for an American foothold in the 1980s before regrouping. China hopes to be next. (USA Today -- Money)
New VW Jetta gets high marks for safety Apr 25, 2005
The vehicles included the Suzuki Verona, the Hyundai Sonata, the Kia Optima, the Saturn L Series, the Dodge Stratus, the Chrysler Sebring, the Mazda 6, the Toyota Camry, the Chevrolet Malibu, and the Nissan Altima ... The air bags are standard on the Hyundai Sonata and its corporate cousin, the Kia Optima; and in 2002-2005 models of the Saturn L Series. (Bakersfield Californian -- Nation)
The best things on air aren't free Apr 25, 2005
Last month, Hyundai became the first major auto company to make satellite radio a standard in its vehicles after reaching a deal with XM. Before that, automakers had been content with signing deals to make satellite radio equipment an option. XM has deals with General Motors, Honda and Pontiac, while Sirius has partnerships with Ford, DaimlerChrysler and BMW.. (Newsday -- Business)
The best things on air aren?t free Apr 25, 2005
Last month, Hyundai became the first major auto company to make satellite radio a standard in its vehicles after reaching a deal with XM. Before that, automakers had been content with signing deals to make satellite radio equipment an option. XM has deals with General Motors, Honda and Pontiac, while Sirius has partnerships with Ford, DaimlerChrysler and BMW.. (Newsday -- Business)
China Economic Review: International auto giants cast shadow over Chinese auto manufacturers growth Apr 24, 2005
While Shanghai Automotive Industry (Group) Corporation (SAIC), one of the world top 500 businesses in 2004, can only boast performance of its "hybrids" -- cars jointly developed with foreign partners, Beijing Hyundai, which burst on to the stage with surging sales last year for its Elantra and Sonata cars, is identified by many as being of South Korean, instead of Beijing, origin. Only the FAW Car Co., Ltd., the home to China's first self-developed Jiefang truck and Red Flag sedan in the 1950s,... (Xinhuanet, China -- Business)
Immobilizers invisibly foil intrepid thieves Apr 24, 2005
Both the systems and the schedule for their installation as standard equipment on new models are acceptable to the IBC. Participating manufacturers include: DaimlerChrysler, Ford, GM., Honda, Hyundai, Jaguar, Mercedes-Benz, Nissan, Toyota, Volkswagen and Volvo. To see whether the vehicle you recently purchased or are considering has one of the approved systems, you can check it out at the IBC's website (). (Globe and Mail -- Technology)
Auto profits squeezed in China Apr 24, 2005
Toyota Motor and Honda Motor of Japan, and Seoul-based Hyundai Motor, are increasing sales in China through new factories and imports ... Hyundai's sales doubled. (International Herald Tribune -- Business Asia)
Jury rules guilty in manslaughter case Apr 24, 2005
The trooper collected a little baggy of marijuana and a pipe from Gallion s car, a 2002 Hyundai. On the back window of his car was a bumper sticker saying, Only God can judge me. (Loudoun Times Mirror, VA)
Less is more Apr 24, 2005
Hyundai's value-priced Tucson is well-equipped and carries the automaker's superior 10-year/100,000-mile powertrain warranty ... Hyundai's economical Tucson aimed at buyers who want a practical-size SUV ... Hyundai has been on a roll of late, and its 2005 Tucson sport-utility vehicle represents the South Korean company's latest smart move. (Sacramento Bee -- Business)
Asia Stocks Week Ahead-Earnings rush to set tone for mkts Apr 22, 2005
Shares are seen trading in a slim range of around 920-960 amid caution ahead of key U.S. economic data and a slew of earnings from market heavyweights, including Hyundai Motor Co. at home and in the United States ... - Hyundai Motor Co. , Q1 - SK Telecom Co. , Q1 - SK Corp. , Q1 (0130 GMT) - Korea Gas Corp.(KOGAS) , Q1. (Reuters Asia)
Japan's unfinished
business in China Apr 22, 2005
Leading South Korean names like LG, Samsung and Hyundai have made huge progress in China, although they were late entrants into the Chinese market ... For example, in the auto industry, Honda and Toyota faces competitors like GM, Volkswagen and Hyundai, among others. (Asia Times Online)
TOP Tankers Inc. Announces New Employment Contracts for 12 Tankers Apr 21, 2005
In addition, TOP Tankers has entered one Suezmax tanker into a five-year time charter contract with Hyundai Merchant Marine. The M/T Faultless will earn $37,000 per day during the first two years of the time charter contract, $36,000 per day for the third year and $35,000 per day for the remaining two years through the expiration of the contract. (Yahoo Finance -- Water Transportation)
Daniel P. Kuhnert Joins Mitsubishi Motors North America as Senior Vice President of Sales Apr 21, 2005
Most recently, Kuhnert served as managing partner of the Poway Auto Group in Poway, California, where he oversaw both Mitsubishi and Hyundai dealerships. Prior to his career with Mitsubishi, Kuhnert held various sales positions for Volkswagen of America, Inc. He began his career as a zone manager for Ford Motor Company in Lansing, Michigan. (PR Newswire)
Cool Vehicles Don't Have To Cost $20,000, Group Says Apr 21, 2005
com - Automotive - Experts Pick 10 Cool Cars Under $18,000. Experts Pick 10 Cool Cars Under $18,000. (Click2Houston, TX)
Ten great cars for under $18,000 Apr 21, 2005
The list includes the Chevrolet Cobalt LS coupe, Ford Focus ZX3 SES, Honda Element, Hyundai Tiburon, Kia Spectra Hatchback, Mazda 3 Hatchback, Mini Cooper, Scion tC, Scion xB, Toyota Tacoma Prerunner. Click for a closer look at the cars. (MSNBC -- Business)
GM loses $1.1-billion Apr 20, 2005
Asian auto makers such as Toyota Motor Corp., Nissan Motor Co. and Hyundai Motor Co. continue to make U.S. market share gains with new products at the expense of GM and Ford Motor Co., the No. 2 U.S. auto maker. GM's GMAC finance arm, which has contributed heavily to profits in recent quarters, earned $728-million in the quarter, down from $764-million in the year-ago quarter. (Globe and Mail)
'Distracted' teen cited in crash Apr 20, 2005
A 2001 Hyundai Tiberon, driven by Stephanie Rowe, 14, of Council Bluffs, was behind the truck and slowed down but was unable to stop and struck the other vehicle. Council Bluffs police reports stated Rowe claimed she was distracted and could not stop in time. (Council Bluffs Daily Nonpareil, IA)
Foreign carmakers rush to open showrooms Apr 20, 2005
Hyundai Motor's sales. Korea's No. 1 automaker Hyundai Motor Co. said yesterday it has sold a million cars to Africa and the Middle East since it shipped its first batch of 40 Pony models to Bahrain in 1976 ... Hyundai Motor loaded 700 cars on a ship bound for Saudi Arabia in the southeastern port city of Ulsan yesterday. (Korea Herald, Korea)
Kia brings back a fun Sportage Apr 20, 2005
The new version is nothing like the old one, and is based on hardware used for the Hyundai Tucson SUV.. Hyundai and Kia comprise the Hyundai-Kia Automotive Group ... Hyundais have had the same transmission problems, on and off. (USA Today -- Autos)
Dow Jones Industrial Average Apr 20, 2005
dear leader Kim Jong Il sent a large floral wreath to the funeral of Chung Ju Yung, the founder of the Hyundai group, in a further display of goodwill toward the south by the ruler of the Hermit Kingdom. Week ofApr 10. (Harper's Magazine)
George W. Bush Apr 20, 2005
dear leader Kim Jong Il sent a large floral wreath to the funeral of Chung Ju Yung, the founder of the Hyundai group, in a further display of goodwill toward the south by the ruler of the Hermit Kingdom. President Bush, apparently worried that all his talk about recession might make people think he had caused it, told 120 high-tech executives, whose net worth has dropped significantly in recent months, that the future was incredibly bright. (Harper's Magazine)
Oceanside family mourned, remembered Apr 20, 2005
California Highway Patrol Sgt. Robert Lund said that about 7:15 p.m. Sunday the family's Hyundai Electra was getting onto the Golden State Freeway from westbound Magic Mountain Parkway when the crash happened. Sarah McDonough was driving at a high rate of speed and then veered left, CHP Officer J. Cooper wrote in a report. (North County Times)
U.S. troubles bring $1.1 billion loss at GM Apr 20, 2005
Toyota, Honda, Nissan and Hyundai are expanding quickly here. Ford Motor, which was slow to enter the Chinese market in the 1990s, is now racing to catch up as well. (International Herald Tribune -- Business)
Rally New York brings hundreds to Sullivan Apr 20, 2005
The results were: - Seamus Burke (IRL) and Mark Williams (USA), driving a Hyundai Tiburon, finished in 1:00:20. - Patrick Farrell (IRL) and Kieran McElhinney (IRL), driving a Subaru Impreza, finished in 1:02:07. (Times Herald-Record, NY)
Can GM Change Its Story? Apr 19, 2005
As for how long such perceptions can persist, look at Hyundai, for years synonymous with its Excel -- a car that began disintegrating from the inside out as soon as it left the car lot. Hyundai's actually making good stuff these days ... Yet 20 years after the Excel's advent, its stigma still clings, and Hyundai hasn't yet boosted its U.S. market share out of the low single digits. (Yahoo Finance -- Auto & Truck Manufacturers)
Martha Bats Cleanup For Sirius Apr 19, 2005
Sirius has Ford Motor (nyse: - - ), DaimlerChrysler (nyse: - - ), Volkswagen (otc: - - ), Mitsubishi and Mercedes-Benz in its corner, while XM Radio has landed General Motors (nyse: - - ), Toyota Motor (nyse: - - ), Nissan (otc: - - ) and Hyundai, which will make the radios standard equipment in its cars. But Peck says that, since satellite radios that can receive both services will soon be available, "content will become an increasingly important factor in determining subscriber adoption.". (Forbes -- Technology)
[external] MANUFACTURING: South Korea: Auto Parts Mecca Apr 19, 2005
Hyundai Motor Co. and affiliate Kia Motors Corp. together saw sales rise by 12% last year, to 3 ... Other auto industry hot spots may be emerging, "but you don't have the likes of Hyundai in Thailand or Mexico," says Kim Ki Chan, professor of motor-industry economics at the Catholic University of Korea ... Hyundai was once the butt of jokes about shoddy workmanship, but in recent years it has become a global leader in reliability, partly thanks to the increased availability of top-notch... (Yahoo Finance -- Auto & Truck Parts)
Tsakos Energy Navigation Announces Delivery Of 1C Ice-Class Suezmax Tanker 'Eurochampion 2004' Apr 19, 2005
ATHENS, GREECE, April 18 /PRNewswire-FirstCall/ -- Tsakos Energy Navigation Limited (TEN) (NYSE: - ) today announced that it has taken delivery of a 164,608 dwt 1C ice-class double- hull crude oil tanker, built by Hyundai Heavy Industries in South Korea. The vessel, named Eurochampion 2004 in honor of Greece winning the EURO 2004(TM) soccer tournament last summer, is suited to operate in most of the major ice-bound trade routes. (Yahoo Finance -- Water Transportation)
OMI Corporation Announces Strategic Relationship Apr 19, 2005
--(BUSINESS WIRE)--April 18, 2005--OMI Corporation (NYSE: - ) of Stamford, Connecticut announced that it had commenced a long term strategic relationship with Hyundai Merchant Marine Co., Ltd. by agreeing to time charter to it two of the Company's Suezmax tankers for periods of seven years. Craig H. Stevenson, Jr., Chairman and Chief Executive Officer commented that "we are excited to begin a long term relationship with Hyundai Merchant Marine, a well-respected ship owner and operator and one of... (Yahoo Finance -- Water Transportation)
Market Pulse: OMI Corp. in long-term agreement with Hyundai Merchant Apr 19, 2005
SAN FRANCISCO (MarketWatch) -- OMI Corp. said after Monday's closing bell that it has entered into a long-term strategic relationship with Hyundai Merchant Marine Co. The crude oil tanker operator said the deal includes the time charter of two of its Suezmax tankers for seven-year periods. ADVERTISEMENT. (Yahoo Finance -- Water Transportation)
Honda's Fuel-Cell Car Almost Ready for Prime Time Apr 18, 2005
GM, DaimlerChrysler, Ford Motor Co., Hyundai Motor Co. and the U.S. Energy Department agreed on March 30 to spend $235 million during the next five years on fuel-cell research. In 2003, President George W. Bush pledged $1. (Bloomberg -- Columnists)
China's Car Makers Ready to Go Global? Apr 16, 2005
The idea of Geely or Shanghai Automotive Industry Corp, China's top car maker, mimicking Toyota's or Hyundai Motor Co.'s success is keeping industry chiefs up at night. "If you have all this capacity, you'll have to consider going abroad," said Yale Zhang at consultancy CSM. "This is the route all Chinese companies are going to take, and car makers are no exception. Eventually the market will become saturated.". (Reuters -- Top Business)
Automakers head for Shanghai Auto Show, hoping for rebound in sagging sales growth Apr 15, 2005
Beijing Hyundai Motor Co., a joint venture between Beijing Automotive Industry Holding Co. and South Korea's largest car maker, Hyundai Motor Co., dominated in the first three months of 2005 with sales of 56,100 passenger vehicles. Guangzhou Honda Automobile Co., the Japanese automaker's factory in the southern city of Guangzhou, was the second best seller, with 45,000 in sales in the first quarter. (Waterloo-Cedar Falls Courier)
JD Power Satisfaction Results Apr 15, 2005
Hyundai (15th) is ahead of Volkswagen (16th) and Ford (17th) is ahead of Japanese Mitsubishi (18th). Content provided by. (Reuters.uk)
Liquidmetal Technologies Names New Chief Financial Officer Apr 15, 2005
M&A support including Arthur Anderson collaboration of Korea Tungsten Acquisition, Hyundai Motors division mergers, collaborations with Chase Manhattan Bank in Jinro Coors Brewery M&A project, and GE Capital Brook Hillier Parker acquisition ... Financial Advisory and Management Consulting clients have included Nextel Co., Ltd., Korea Masterbuilders, Korea Spoland Co., Ltd. Tax & Legal Service clients range from Hyundai Merchant Marine, to the Korea National Oil Company. (Yahoo Finance -- Misc. Fabricated Products)
Man found dead in gravel pit Apr 15, 2005
A search plane located Raye's 2002 Hyundai Sonata sedan in the gravel pit at approximately 10 a.m. Wednesday. Police said Raye suffered from a debilitating neurological disorder that affects the brain and nervous system and interfered with his balance and speech. (Lincoln County Weekly, ME)
Fund managers bet on Asian fundamentals Apr 14, 2005
Chan said foreign investors have started accumulating large-caps stocks, with Samsung Electronics , oil refiner SK Corp. and auto parts maker Hyundai Mobis drawing the most net foreign buying last week. Copyright. (Reuters Asia)
Port wins long-term lease for Hyundai imports Apr 14, 2005
PORTLAND (AP) ? The Port of Portland said Tuesday it expects to approve a long-term lease for handling Hyundai Motor Co. imports, ensuring the Port retains all three of the major automakers that ship hundreds of thousand of cars through Portland ... The Hyundai lease ? scheduled for a formal vote by the Port commission today ? also will be for 10 years, which will ensure the Port remains one of the nation's top vehicle import centers through 2015, officials said ... "West Coast ports compete... (Albany Democrat-Herald, OR)
What Cars Are People Buying? Apr 14, 2005
And let's not forget the Koreans; combined Hyundai and Kia sales in the first quarter, 163,342 cars and trucks, were up 11% from the year before. And that massive new Hyundai plant in Alabama is coming on stream. (Forbes)
XM Partners with Car-Sharing Company Zipcar Apr 14, 2005
Last month, Hyundai Motor Co. (005380. KS: , , ) announced plans to make XM radios standard equipment on all U.S. models around 2007. (Reuters UK -- Technology)
Revealed: why cars and romance don't mix Apr 11, 2005
In association with Hyundai. MOTORING SERVICES. (TimesOnline)
Sime Darby sees more revenue from motor division Apr 11, 2005
In Malaysia, Sime bought 51% of Hyundai-Berjaya Corp Bhd (HBJ) from Berjaya Group Bhd and after a mandatory general offer, now controls 97 ... We acquired Hyundai-Berjaya and also operations in New Zealand ... HBJ?s associate company, Oriental-Hyundai Sdn Bhd, distributes the completely-knocked-down saloon cars ? Hyundai Elantra, Sonata and Ascent. (The Star Online, Malaysia)
TOP Tankers Announces Delivery of M/T Faultless Apr 11, 2005
ATHENS, Greece, April 11 /PRNewswire-FirstCall/ -- TOP Tankers Inc. (Nasdaq: - ), announced today that it took delivery of the M/T Faultless, a 154,970 Dwt double-hull Suezmax tanker built in 1992 by Hyundai Heavy Industries Co., of the Republic of Korea. The vessel has been financed with the proceeds of the Company's follow-on offering of common stock announced on November 5, 2004 and long-term debt. (Yahoo Finance -- Water Transportation)
Two Sock Capitals Rely on Strategies Poles Apart Apr 10, 2005
Zhong drives a late-model Audi and his wife has a red Hyundai sports car. They keep a rare Tibetan dog as a pet. (Los Angeles Times)
Indian Newspaper Highlights - April 7, 2005 Apr 10, 2005
- After successfully using its Indian manufacturing facility for the export of its compact car Santro, Hyundai Motor India Ltd (HMIL) is now planning to make its Indian facility an export hub for its mid compact car Getz. The company is targeting the North American and European markets to export Getz manufactured at the Sriperumbudur facility, near Chennai. (Asia Pulse)
XM Satellite Radio Holdings Announces Quarterly Dividend on Series B Preferred Stock Apr 9, 2005
XM is the leader in satellite-delivered entertainment and data services for the automobile market through partnerships with General Motors, Honda, Toyota, Hyundai, Nissan, and Volkswagen/Audi. XM is available in more than 120 different vehicle models for 2005. (Yahoo Finance -- Broadcasting & Cable TV)
Hyundai posts 30 pc topline growth Apr 9, 2005
NEW DELHI: Riding the growing demand for compact cars, Hyundai Motor India drove through 2004-05 with a 30 per cent topline growth to end the fiscal with a turnover of Rs 7,500 crore ... Hyundai Motor India president BVR Subbu said the firm has penned an aggressive strategy to grow its vehicle sales by 16 per cent in the current fiscal to 260,000 units ... "Hyundai Motor India has today become Hyundai's largest overseas operation outside South Korea. We are now developing India as the... (India Times, India -- Intl Business)
Hero Honda, Bajaj Auto increase price tags Apr 5, 2005
Among the car maker, however, Ford and Hyundai have already jacked up their vehicle prices mid-March, while the rest of the manufacturers led by Maruti Udyog and Skoda are expected to announce similar hikes in days to come. The companies have blamed the rising prices of inputs like steel, rubber and plastics, introduction of new technologies to meet stringent emission norms and partial implementation of VAT as the reasons for the fresh price hike. (India Times, India -- Intl Business)
Hot new cars with a thirst for gasoline Apr 3, 2005
Even as Mercedes-Benz introduced my favorite of the show, its new R-Class crossover luxury wagon (crossovers being a reasonable response to big SUVs), as Toyota/Lexus continued the inexorable spread of hybrids through their lineup, and as Hyundai fired yet another shot across the bow of Asian, American, and European competitors with a big flagship sedan, the Azera, there were these thirsty unveilings. Ford Shelby Cobra GT500God bless Carroll Shelby, who has given us some wonderful cars through... (Boston Globe)
Pre-2002
Test Drives Apr 3, 2005
USATODAY.com - Older Test Drives. 06/30/2003 - Updated 04:56 PM ET. (USA Today -- Autos)
TOP Tankers Announces Delivery of Two Suezmax Tankers Apr 2, 2005
ATHENS, Greece, April 1 /PRNewswire-FirstCall/ -- TOP Tankers Inc (Nasdaq: - ), announced today that it has taken delivery of M/T Stopless, a 154,970 Dwt, double-hull Suezmax tanker, built in 1991 by Hyundai Heavy Industries Co., Ltd. and M/T Stainless, a 149,599 Dwt, double-hull ice-class Suezmax tanker, built in 1992 by Samsung Heavy Industries Co., Ltd., in the Republic of Korea. Both tankers have been financed with the proceeds of the Company's follow-on offering, announced on November 5,... (Yahoo Finance -- Water Transportation)
Infrastructure Mar 5, 2005
Asia Times Online :: Business in Brief. I do not invest in them," Murthy said when asked whether Infosys's guidance triggered the stock market crash on Friday. Moser Baer to begin production in Germany NEW DELHI - Storage media-maker Moser Baer expects its manufacturing facility in Germany to be up and running by early 2006. "At present, we are looking for a suitable site in East Germany. (Asia Times Online)
Business in Brief Feb 2, 2005
We have targeted to take our subscriber base to Rs125 million during this period taking mobile, basic and broadband services together," BSNL CMD A K Sinha told reporters. China Netcom sees $1.1bn in profits in 2004 BEIJING - China Netcom, a main telecom operator in China, announced on Wednesday that it netted profits totaling 9.248 billion yuan (US$1.1 billion) on a turnover of 64.9 billion yuan in fiscal year 2004, which ended on December 31. This is the first time for the Chinese telecom... (Asia Times Online)
Relieve 'Pain At The Pump' Dec 29, 2004
com - Automotive - Relieve 'Pain At The Pump. Relieve 'Pain At The Pump. (Click2Houston, TX)
