hyundai – The News Desk

UAW accuses Honda, Hyundai and VW of union-busting

12Dec

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Money

UAW accuses Honda, Hyundai and VW of union-busting

UAW to organize workers at all US nonunion factories after winning new contracts in Detroit UAW to organize workers at all US nonunion factories after winning new contracts in Detroit 07:38 Honda, Hyundai and Volkswagen are illegally trying to intimidate workers organizing with the United Auto Workers at three U.S. manufacturing plants, the labor union said Monday in announcing that it has filed a complaint accusing the car makers of unfair labor practices.Honda worke...

After the festive rush, car dispatches to dealerships take a breather for large makers

1Dec

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Business

After the festive rush, car dispatches to dealerships take a breather for large makers

NEW DELHI: Car deliveries to dealerships took a breather for Maruti, Hyundai and Tata Motors in November after the festive rush, while companies such as Mahindra & Mahindra, Toyota and Honda Cars had a healthy growth in wholesales at a time when companies usually keep inventory levels under check towards the close of the year.The two-wheeler industry, possibly low on inventory, had strong dealer dispatches with all the top three makers – Hero Moto, HMSI and TVS – registering double-digit growth in volumes.Sources: Industries Maruti (1.3 lakh units) had a muted month when it comes to growth in wholesale deliveries, while Hyundai (49,451 units) managed to eke out a 3% movement. Tata Motors was exactly flat in its numbers at around 46,000 units. Mahindra, which has a huge pending deliver...

UAW begins drive to unionize workers at Tesla, Toyota and other non-unionized automakers

30Nov

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Money

UAW begins drive to unionize workers at Tesla, Toyota and other non-unionized automakers

The United Auto Workers union said its next target is to unionize factory workers at Lucid, Rivian, Tesla and 10 foreign automakers, a move that comes after it garnered new employment contracts from Detroit's Big Three automakers.BMW, Honda, Hyundai, Nissan, Mazda, Mercedes, Subaru, Toyota, Volkswagen and Volvo are based overseas but all have manufacturing operations in the U.S. Because these companies have brought in billions of dollars in profit over the past decade, their hourly factory workers deserve to make more money, UAW President Shawn Fain said in a video Wednesday.Also on the union's list are U.S. factories run by electric vehicle sales leader Tesla, as well as EV startups Rivian and Lucid. All three are U.S.-based companies. "To all the auto...

India can become biggest market for Hyundai globally in near future: HMIL CEO

17Nov

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Business

India can become biggest market for Hyundai globally in near future: HMIL CEO

NEW DELHI: India can become the biggest market for South Korean auto major Hyundai globally in the near future with demand for automobiles expected to remain strong, Hyundai Motor India Ltd (HMIL) MD and CEO Unsoo Kim said on Friday. HMIL accounts for 18.6 per cent (in the January-September period) of the South Korean automaker's global volumes. It expects to breach the 20 per cent mark in the next 2-3 years.It is in the third position after the US and South Korean markets. "We are currently number three after the US and Korea and we aim to be number one in the near future," Kim told reporters here. HMIL's contribution to Hyundai global sales stood at 15.6 per cent in 2019. Elaborating on the domestic market, the automaker noted that it expects to close the current year with 6 lakh unit...

Amazon shoppers in 2024 will be able to buy a Hyundai directly from the retailer’s site

17Nov

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Money

Amazon shoppers in 2024 will be able to buy a Hyundai directly from the retailer’s site

Starting in 2024, people in the market for a car for the first time will be able to buy a vehicle on Amazon, the e-commerce giant and Hyundai Motor Co. announced on Thursday.Dealerships will be able to sell the Korean company's vehicles directly to customers on Amazon's website, which currently lets people pick a vehicle from multiple manufacturers but not actually make the purchase. Customers who buy a Hyundai on Amazon will have the choice of picking their vehicle up at a nearby dealership or having it delivered. "This new shopping experience will create another way for dealers to build awareness of their selection and offer convenience to their customers," Amazon and Hyundai said in a blog post. Under the partnership, Amazon will e...

Hyundai, Honda and Toyota have all raised worker pay since UAW strike ended

14Nov

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Money

Hyundai, Honda and Toyota have all raised worker pay since UAW strike ended

Hyundai said Monday it will raise hourly pay for the South Korean automaker's employees in the U.S., upping wages just weeks after the United Auto Workers union struck new labor contract agreements with Detroit's Big 3 car manufacturers.By 2028, employees in Hyundai plants in Montgomery, Alabama, and Ellabell, Georgia, will see their hourly wages raised by a total of 25%, according to the company. That matches the wage increase UAW members are slated to receive from Ford, General Motors and Stellantis. Earlier this month, Toyota said it would lift factory hourly wage between 9% and 10% starting in January, while Honda announced an 11% wage. The Japanese car manufacturers also reduced the time it takes for a starting employee to reach the top pay rate, matching or coming close to the time ...

Hyundai reports highest ever monthly sales in September at 71,641 units

1Oct

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Business

Hyundai reports highest ever monthly sales in September at 71,641 units

NEW DELHI: Hyundai Motor India on Sunday said its total wholesales increased 13 per cent year-on-year to 71,641 units in September, its highest ever in a month. The country's second largest carmaker had dispatched 63,201 units to dealers in September last year. Domestic sales last month rose to 54,241 units, up 9 per cent from 49,700 units in September 2022, Hyundai Motor India said in a statement. Exports were higher at 17,400 units last month from 13,501 units in September 2022, an increase of 29 per cent. "While the industry grew by 2 per cent last month, our domestic dispatches were up 9 per cent. The share of SUV sales in our overall volumes continues to grow," Hyundai Motor India COO Tarun Garg told PTI. The ongoing festive season has resulted in strong sales momentum, helping the...

Kia and Hyundai recall 3.3 million cars, tell owners to park outside

27Sep

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Money

Kia and Hyundai recall 3.3 million cars, tell owners to park outside

Korean automakers Hyundai and Kia are recalling 3.3 million used vehicles because they can catch fire while parked due to issues with the anti-lock brake system. Hyundai models being recalled include sedans such as the Accent, Azera, Elantra, Genesis Coupe and Sonata along with the Tuscon SUV. Recalled Kia models include its Optima and Soul sedans and Sportage SUV. The affected vehicles are from the model years 2010 to 2017.The anti-lock brake system in the vehicle could leak brake fluid and create an electrical short which could then increase the risk of an engine compartment fire, federal safety officials said. Owners of these car models should park the vehicle outside and away from structures until repairs can be made, according to...

Hyundai, Kia recall over 90,000 vehicles over oil-pump fire risk

4Aug

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Money

Hyundai, Kia recall over 90,000 vehicles over oil-pump fire risk

Hyundai Motor and Kia have recalled more than 91,000 recently released U.S. vehicles because of a potential fire hazard in their newer models.The electrical components of the vehicles' oil pump assemblies may overheat, increasing the risk of a fire, according to a recall notice posted Thursday by the National Highway Traffic Safety Administration (NHTSA).Kia and Hyundai advised customers to park affected vehicles "outside and away from structures" until recall repairs are complete. Recall affects new modelsThe recall covers Hyundai's 2023-2024 Palisade, 2023 Tucson, Sonata, Elantra, and Kona vehicles. Kia has recalled its 2023 Soul and Sportage cars, in addition to its 2023-2024 Seltos vehicles.The companies plan to notify owners of r...

EV Sales Hit a Record in the US. Now Their Popularity May Be Waning

14Jul

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Technology

EV Sales Hit a Record in the US. Now Their Popularity May Be Waning

This story first appeared on Grist, a nonprofit media organization covering climate justice and solutions.Electric vehicle sales in the United States set a record this past quarter and are on track to break the 1 million mark in 2023, which would be a milestone for the industry. This surge comes even as many vehicle models have lost their eligibility for federal, and some state, incentives.Analysts at Wards Intelligence and Cox Automotive reported that consumers bought nearly 300,000 EVs between the beginning of April and the end of June. That represents a year-over-year jump of roughly 50 percent and included growth in May and June, the first two months after federal tax credit rules became more stringent. Plug-in hybrid sales climbed as well.“There are some vehicles that are intriguin...