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William Maley

Hyundai News:Hyundai Trying To Keep Market Share, While Inventory Is Thin

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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.

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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.

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      MULTIMEDIA TECHNOLOGY
      Sonata Hybrid and Plug-in offer an eight-inch color touchscreen navigation system with Apple CarPlay® and Android Auto® smartphone integration, iPod®/USB and auxiliary inputs, SiriusXM® satellite radio and Bluetooth® phone connectivity with phonebook transfer and voice-recognition. Available upgrades include a nine-speaker Infinity premium audio system with subwoofer and external Infinity® amplifier.
      The available eight-inch navigation system offers a map and music split-screen display and the ability to record SiriusXM presets one to six. For 2018, this navigation system also adds Bird’s Eye View map perspective capability. Switching to a preset station in the middle of your favorite song won’t be an annoyance any longer; simply rewind up to 22 minutes to listen to the full song or catch up on sports broadcasts. SiriusXM Travel Link® provides access to traffic information, sports scores, weather, stock prices, fuel prices and local movie times.

      AERODYNAMICS
      Sonata Hybrid and Plug-in use the same functional design cues to improve the drag coefficient to an industry-leading 0.24 Cd.

      NEXT-GENERATION BLUE LINK® CONNECTED CAR SYSTEM
      Sonata Hybrid and Plug-in Blue Link-equipped models include three years of complimentary Blue Link services, with enhanced safety, diagnostic, remote and voice navigation services. Blue Link brings connectivity directly into the car with technologies like Remote Start with Climate Control, Remote Door Lock/Unlock, Car Finder, Enhanced Roadside Assistance, and Stolen Vehicle Recovery. Blue Link features can be accessed via buttons on the rearview mirror, the MyHyundai.com web portal, the MyHyundai with Blue Link smartphone app, the Amazon® Alexa Blue Link skill, and the Blue Link Google Assistant app. Some features can also be controlled via Android Wear™ and Apple Watch™ smartwatch apps. The latest release of the Blue Link smartphone app includes:
      Widgets for easy access to remote features
      Ability to send Point-of-Interest data to vehicle navigation system (if so equipped)
      Access to Blue Link notification settings
      More details on specific Blue Link-equipped vehicles available at www.hyundaibluelink.com.

      MYHYUNDAI with BLUE LINK® APP
      Owners can manage and monitor the Sonata Plug-In Hybrid remotely via the Blue Link smartphone app. With the app, owners can access real-time data from their Sonata Plug-in and perform specific commands like starting the engine and locking doors. Plus, users can search for points of interest using Google with voice or text and have the directions when they start their Sonata Plug-in.
      For Sonata Plug-in owners who will charge at their residence, one of the most useful features of the app is the ability to manage their Plug-in charging schedule. Owners are given vehicle charging options that they can select while in the car, but users can also manage them remotely via their smartphone. Immediate charge is the simplest option, as charging begins as soon as the Sonata Plug-in Hybrid is plugged-in.
      A distinctive instrument cluster provides Sonata Plug-in Hybrid drivers with additional information about the vehicle’s functions. A charge indicator is located on top of the dashboard to make it easy to see the state of charge from outside the vehicle.
      Individuals that have different electric rates at off-peak times may want to schedule the charge to reduce cost as well as reduce peak demand on the electricity grid. Users can do that with the new app based on time and date. For example, charging could be set to start at 10 p.m. on Wednesdays and Thursdays on a weekly basis.

      Connected Car Services:
      Remote Start with Climate Control and defroster Remote Lock/Unlock Vehicle Diagnostics/status Stolen Vehicle Recovery Car Finder Connected Plug-in Hybrid Charge Management Services:
      Start or stop charging Set-up charging schedule with days of the week and time Current battery level with real-time electric and fuel range Real-time fuel range Plug status (in/out) Charge status Time left until fully charged SONATA PLUG-IN AVAILABILITY AND TAX CREDITS
      The Sonata Plug-in Hybrid will be distributed in California, Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island and Vermont, but customers in any of the other states can custom order the vehicle at their local Hyundai dealer. Sonata Plug-in Hybrid buyers are currently eligible for a $4,919 federal tax credit. These tax credits reduce the amount of federal tax the purchaser is liable for, making them much more valuable+ than tax deductions. In addition, the Sonata Plug-in Hybrid is eligible for HOV-lane access in certain states.
    • By William Maley
      Hyundai is already selling the i30 N in Europe and has introduced the Veloster N for North America. What's next for Hyundai's sub-performance brand. Speaking with Car and Driver, Hyundai’s head of high-performance development Albert Biermann revealed that next up are models known as N Sport. This will slot between the mainstream and N models that will offer tuning “for a more sporty driving experience.” The changes will also include visual changes inside and out, along with “a different tire than what’s in the normal range.”
      Biermann also revealed that N Sport could appear on any Hyundai model, regardless whether or not they have an N model.
      Along with the N Sport models, N is planning a range of as yet unspecified accessories and more involvement in motorsports - something we may hear more about at the Chicago Auto Show later this week.
      But is N planning any more N-ifed models? Biermann wouldn't say if there are any plans.
      “First, we have to see how the marketplace reacts,” he said.
      Source: Car and Driver
      Pic Credit: William Maley for Cheers & Gears

      View full article
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