• Sign in to follow this  
    Followers 0

    Hyundai Trying To Keep Market Share, While Inventory Is Thin


    William Maley

    Staff Writer - CheersandGears.com

    July 17, 2012

    Hyundai has a bit of a problem. Currently, the Korean automaker has 5% market share in the U.S., but their supply of vehicles is very constrained.

    How constrained? Using the traditional measure of dealer inventory in "days supply," Hyundai's supply is very very low. At the moment, Hyundai's average at 25-27 days, or less than one month's supply. The Azera stands at 12 days supply.

    To put this into perspective, out of a 1,000 vehicles sitting on U.S. dealer lots, 25 of those are Hyundais.

    “We know we will be short from a production point of view. We're definitely passing up sales," said John Krafcik, Hyundai Motor America's president and CEO.

    To help free up vehicles, Hyundai has cut back on the number vehicles for fleets and is preparing a third shift for their plant in Alabama.

    However, Hyundai isn't backing down from their policy to only build 700,000 vehicles globally for the year.

    Source: Detroit Free Press

    William Maley is a staff writer for Cheers & Gears. He can be reached at william.maley@cheersandgears.com or you can follow him on twitter at @realmudmonster.

    0


    Sign in to follow this  
    Followers 0


    User Feedback


    Seems they should be picking up one of these empty production plants on US soil and refurbish it and get people working to build their popular auto's.

    0

    Share this comment


    Link to comment
    Share on other sites


    Your content will need to be approved by a moderator

    Guest
    You are commenting as a guest. If you have an account, please sign in.
    Add a comment...

    ×   You have pasted content with formatting.   Remove formatting

      Only 75 emoticons maximum are allowed.

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

    ×   Your previous content has been restored.   Clear editor




  • Popular Stories

  • Today's Birthdays

    1. Mgoblue2
      Mgoblue2
      (40 years old)
    2. Vettribution87
      Vettribution87
      (35 years old)
  • Similar Content

    • By William Maley
      With the clock winding down on production of the Holden Commodore, Chevrolet dealers are snapping the remaining lot of SS models being exported to the U.S. Wheels has learned from Chevrolet that the extra 1,000 SS models Holden was planning to build for the U.S. market have been snapped up.
      “All US dealer orders are in for the allocated production of the 2017 Chevrolet SS. This includes any additional units that were confirmed for production last year,” said Chevrolet.
      Originally, Holden was planning on building 2,000 SS for the U.S. However, the large demand by dealers for the last SS models caused Holden to add an additional 1,000 models for export.
      Source: Wheels

      View full article
    • By William Maley
      With the clock winding down on production of the Holden Commodore, Chevrolet dealers are snapping the remaining lot of SS models being exported to the U.S. Wheels has learned from Chevrolet that the extra 1,000 SS models Holden was planning to build for the U.S. market have been snapped up.
      “All US dealer orders are in for the allocated production of the 2017 Chevrolet SS. This includes any additional units that were confirmed for production last year,” said Chevrolet.
      Originally, Holden was planning on building 2,000 SS for the U.S. However, the large demand by dealers for the last SS models caused Holden to add an additional 1,000 models for export.
      Source: Wheels
    • By William Maley
      Hyundai chose the Canadian International Auto Show in Toronto, Ontario to debut the all new 2018 Accent. Why Toronto and not Chicago a week before? You only need to look at the sales numbers to find the reason why. In 2016, the Nissan Versa soundly beat the Hyundai Accent by a margin of 52,448 vehicles (132,214 for Versa vs. 79,766 for the Accent) in the U.S. Over in Canada, the Accent is the best selling model in the class with 19,198 models sold last year. The Honda Fit which was the second best-selling model in the class only moved 8,622 models.
      You might mistake the Accent sedan for the Elantra. This is due to the Accent's new front and rear end styling looking like its bigger brother. At least the overall profile lines up with the current Accent. Before you ask, a hatchback will debut at a later time. The interior is somewhat plain to look at, despite the red and black seat fabric as seen in the photos. A backup camera comes standard, while higher trims get a proximity key and automatic emergency braking.
      Under the hood is an updated version of the 1.6L four-cylinder powering the current Accent. Power figures are slightly down to 132 horsepower and 119 pound-feet of torque. The upsides according to Hyundai is that overall fuel economy is up seven percent and that low-rpm torque has been improved. Buyers will have the choice of a six-speed manual or automatic. Hyundai has also worked on making the Accent more rigid. Thanks to more high-strength steel being used throughout, Hyundai says the 2018 Accent is 32 percent stiffer.
      No word on pricing, but the Accent sedan will go on sale sometime in the third quarter.
      Source: Hyundai
       

      View full article
    • By William Maley
      Hyundai chose the Canadian International Auto Show in Toronto, Ontario to debut the all new 2018 Accent. Why Toronto and not Chicago a week before? You only need to look at the sales numbers to find the reason why. In 2016, the Nissan Versa soundly beat the Hyundai Accent by a margin of 52,448 vehicles (132,214 for Versa vs. 79,766 for the Accent) in the U.S. Over in Canada, the Accent is the best selling model in the class with 19,198 models sold last year. The Honda Fit which was the second best-selling model in the class only moved 8,622 models.
      You might mistake the Accent sedan for the Elantra. This is due to the Accent's new front and rear end styling looking like its bigger brother. At least the overall profile lines up with the current Accent. Before you ask, a hatchback will debut at a later time. The interior is somewhat plain to look at, despite the red and black seat fabric as seen in the photos. A backup camera comes standard, while higher trims get a proximity key and automatic emergency braking.
      Under the hood is an updated version of the 1.6L four-cylinder powering the current Accent. Power figures are slightly down to 132 horsepower and 119 pound-feet of torque. The upsides according to Hyundai is that overall fuel economy is up seven percent and that low-rpm torque has been improved. Buyers will have the choice of a six-speed manual or automatic. Hyundai has also worked on making the Accent more rigid. Thanks to more high-strength steel being used throughout, Hyundai says the 2018 Accent is 32 percent stiffer.
      No word on pricing, but the Accent sedan will go on sale sometime in the third quarter.
      Source: Hyundai
       
    • By William Maley
      I wasn’t too keen on the redesigned Hyundai Elantra I drove last year. In the review, I said it didn’t really do enough to compete with the likes of the Chevrolet Cruze and Honda Civic. But maybe the model could redeem itself with the introduction of the Elantra Sport. Hyundai made some key changes such as adding a turbo engine, revised rear suspension, and slight tweaks inside and out. 
      I was really excited to check it out and spend some quality time with it. But life had other plans. The day I was supposed to get the Elantra Sport, I took a tumble down a flight of stairs, causing a fracture in my right leg. Because of this, I really didn’t get to spent a lot of time in the Sport. This is going to be more of a first impressions piece than a review. Hopefully, in the near future, I get to spend some time in the Sport again, barring any injuries.
      Hyundai only made some small changes such as a blacked out grille, side skirts, rear diffuser, and 18-inch alloy wheels for the Sport. The end result is something that stands out from other Elantra’s, but not to the point where it looks like someone went on a shopping spree in the JC Whitney catalog. The only changes the Elantra Sport gets inside are new front seats with extra side bolstering, different gauge layout, and a flat-bottom steering wheel. Otherwise, it is your standard Elantra interior which isn’t a bad thing. The simple dash layout comes paired with the use higher quality materials. Back seat space has seen a nice improvement in terms of legroom, while headroom is still slightly tight for taller folks. Under the hood is a new turbocharged 1.6L four-cylinder with 201 horsepower and 195 pound-feet of torque. This can be paired with a six-speed manual or my tester’s seven-speed DCT. It should be noted this engine is also being used in the recently refreshed Kia Soul! (Exclaim), but it only comes with the DCT. First impressions of this powertrain were disappointing. It doesn’t feel eager to accelerate quickly as the DCT bogs down at lower speeds. Once above a certain speed, the powertrain becomes alive. Hyundai engineered the 1.6 to deliver torque evenly across the rpm band which gives the impression that you will not run out of steam anytime soon. The DCT delivers quick up and downshifts. You can remove most of the bogginess by putting the vehicle into the Sport mode which sharpens the throttle response and quickens gear changes. This makes the Elantra Sport raring to go when leaving from a stop or acerbating from a corner. Underneath the Elantra Sport’s skin, Hyundai has made some significant changes to the chassis. The big change is a new multi-link rear suspension setup that is said to improve the driving dynamics. There is also revised springs, dampers, and steering ratio. End result? This is Hyundai’s best effort in making a fun to drive vehicle. Body roll is minimized and the vehicle feels poised when going into a corner. Steering is still a mixed bag. Turn-in is quick and there is plenty of weight, but there is barely any feedback from the road. For a sporty model, it is a bit disappointing. Compared to the standard Elantra, the Sport does let a few bumps come inside. But it isn’t to a point where your back will be in pain. There’s a nice balance between handling and comfort. Pricing for the Elantra Sport starts at $21,650 for the manual and $22,750 for the DCT. The Elantra Sport seen here came with an as-tested price of $25,985 as it featured an optional premium package that adds a number of features such as an 8-inch touchscreen with navigation, sunroof, blind-spot monitoring with rear-cross traffic alert, and upgraded audio system. Where does the Elantra Sport fit in? It is like the Nissan Sentra SR Turbo/NISMO where it is sportier than the standard model, but not a full blown sport compact like the Volkswagen Golf GTI or Ford Focus ST. Think of it a warm compact and one that is quite surprising (for the brief time I drove it). Disclaimer: Hyundai Provided the Elantra Sport, Insurance, and One Tank of Gas
      Year: 2017
      Make: Hyundai
      Model: Elantra
      Trim: Sport
      Engine: 1.6 Turbo GDI DOHC 16-valve four-cylinder
      Driveline: Seven-speed DCT, Front-Wheel Drive
      Horsepower @ RPM: 201 @ 6000 
      Torque @ RPM: 195 @ 1500~4500
      Fuel Economy: City/Highway/Combined - 26/33/29
      Curb Weight: 3,131 lbs
      Location of Manufacture: Montgomery, Alabama
      Base Price: $22,750
      As Tested Price: $25,985 (Includes $835.00 Destination Charge)
      Options:
      Premium Package for Sport - $2,400.00

      View full article
  • Recent Status Updates

    • Drew Dowdell

      So help me.... One of these days these Miami drivers are going to make me test the loss damage waiver on my rental car. Worst drivers in the US.
      · 1 reply
    • Drew Dowdell

      I have one co-worker who has been a thorn in my side for the past 6 months.... but I have to admit that when I need something done that is in his area of expertise, he goes after it like an angry rabid chihuahua and gets it done.
      · 0 replies
    • Drew Dowdell

      Me: I'll take "Shopping" for $800.
      Alex:"This shopping location is popular on Sundays for groups of gay couples, families with small children, and college kids with parents in tow to gather."
      · 3 replies
  • Who's Online (See full list)