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  • 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

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    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.

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    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..

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    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.

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    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
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    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).

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    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...

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    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.

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    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.

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    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?

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  • Posts

    • G. David Felt
      Random Thoughts Thread

      By G. David Felt · Posted

      This is what American Auto Companies fear, quality, feature rich commuter cars for $10k dollars. I Just Drove a $10,000 Chinese EV. No, It Didn’t Suck 170-190 miles per charge, to 80% in 21 minutes, faster than any current Tesla. Weight is only 2,850 pounds, 250 lbs less than a traditional Mini ICE tech. Clearly American Auto industry is living in the past and at their own peril. The death of American auto industry due to NOT ignoring Idiot47 and moving forward with Technology.
    • G. David Felt
      Random Thoughts Thread

      By G. David Felt · Posted

      Yes, you are correct that it is the NOW for EMEA and APJ. BYD breaks down final barriers to electrification with Blade Battery 2.0 and FLASH Charging - BYD BYD has a Battery pack storage system that goes with this for areas that have weak electrical grid system. Clearly, they are not only thinking of Europe, but Africa, South, Central and North America markets long term as well as all over the Asian rim. Clearly, they are so far ahead of America due to incompetent leadership. Yes, Ford says they are still working with CATL and BYD but for products in China and elsewhere, due to Idiot47 the U.S. market will not get this technology at this time. That tends to tell me that he knows it will not come here as long as Idiot47 is in office and then all bets are off, but can Ford and GM stay independent, or will they have to merge with someone? GM Buick EVs have moved to 900V tech for 10 min to 80% charge times using China technology, but will it ever go any other place? EMEA I can see it as those countries have already allowed China in. APJ but outside of China, I am not aware that GM has moved back into any other market than the little bit they have in Korea. Interesting times for sure. Per the press release, the 8th of April 2026 the first Flash Chargers opened in Paris France. DENZA Z9GT to start Europe’s FLASH Charging revolution in April: Ready in 5, Full in 9, Cold Add 3 - BYD
    • ccap41
      Random Thoughts Thread

      By ccap41 · Posted

      You're welcome! Yep, the problem is that it isn't the future for the rest of the world. That's the NOW for China and Europe (if I remember correctly from the video). The US is soooo far behind. It does make me curious about the Ford and CATL and/or BYD partnerships that have been going on. I'm sure Ford isn't getting that technology though. 
    • A Horse With No Name
      Random Thoughts Thread

      By A Horse With No Name · Posted

      The rate of change will only speed up. 
    • G. David Felt
      Random Thoughts Thread

      By G. David Felt · Posted

      The collapse will cause an every country for themselves attitude and it will be the final days for ICE and OIL and the Auto Companies that caved into Idiot47, AKA American Auto Companies are going to pay big time as they continue to become nothing in the new world order of Tech EVs. American Auto Companies have gotten the last of my dollars.  Awaiting to see how Kia / Hyundai does with the Truck Market here. Their Mules are still in LA for the EV9 Pickup that I would love to have to compliment my current EV9. Thanks for the Link, yes I see the video and that is freaking cool. We are so far behind when this is the future.

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