Cars
We already know that it's going to cost Hyundai and Kia a lot of money to compensate some 900,000 vehicle owners in the States (as much as $362 million, according to Nam Kyeong Moon, an analyst at KTB Investment & Securities Co.) after the Environmental Protection Agency discovered that the two carmakers posted inflated gas-mileage ratings.
- Hyundai, Kia To Pay $320 On Average To Owners Of Cars With Exaggerated Mpg Figures
Hyundai and Kia’s U.S. units announced that they reached an agreement to pay a total of $395 million (€288 million) to settle lawsuits filed by owners of cars affected by the Korean carmakers’ exaggerations of fuel economy ratings....
- Hyundai And Kia To Compensate 900,000 Vehicle Owners Over False Fuel Economy Numbers
Fuel-economy is a hot issue these days. Not only because of environmental issues but also on a more practical level, due to gas being a big, and these days increasing, part of a vehicle’s running costs. Mileage is thus a big consideration for...
- Hyundai Mulling Over The Possibility Of A Bmw 3-series Sedan Rival
After the revival of the Hyundai and Kia brands, complete with enormous sales to boast, the introduction of higher end luxury models like the Hyundai Genesis and Equus sedans and the Kia Quoris / K9 saloon, have placed the Koreans one step closer to...
- Hyundai And Kia To Invest Us$12.2 Billion In 2012, Aim For 7 Million Sales
Hyundai Motor Group, the owner of both the Hyundai and Kia brands and the fifth largest automaker in the world, announced that it will invest US$12.2 billion this year in research and development (R&D) as well as on improving its facilities. The...
- European Sales Down 12.3% In April But Fiat Group And Hyundai Manage To Sell More Cars
Despite the fact that the new passenger car market declined for the twelfth consecutive month in Europe, totaling 1,251,862 units in April, or 12.3% less than in the same month a year ago, Hyundai and the Fiat Group that consists of the Fiat, Alfa Romeo...
Cars
Market Researcher Says Bogus Hyundai and Kia MPG Claims will Harm Brands' Value, Shares Tumble
We already know that it's going to cost Hyundai and Kia a lot of money to compensate some 900,000 vehicle owners in the States (as much as $362 million, according to Nam Kyeong Moon, an analyst at KTB Investment & Securities Co.) after the Environmental Protection Agency discovered that the two carmakers posted inflated gas-mileage ratings.
However, the penalty in brand value may be even higher for the Korean car brands, according to market researcher Interbrand Corp.
Read more »- Hyundai, Kia To Pay $320 On Average To Owners Of Cars With Exaggerated Mpg Figures
Hyundai and Kia’s U.S. units announced that they reached an agreement to pay a total of $395 million (€288 million) to settle lawsuits filed by owners of cars affected by the Korean carmakers’ exaggerations of fuel economy ratings....
- Hyundai And Kia To Compensate 900,000 Vehicle Owners Over False Fuel Economy Numbers
Fuel-economy is a hot issue these days. Not only because of environmental issues but also on a more practical level, due to gas being a big, and these days increasing, part of a vehicle’s running costs. Mileage is thus a big consideration for...
- Hyundai Mulling Over The Possibility Of A Bmw 3-series Sedan Rival
After the revival of the Hyundai and Kia brands, complete with enormous sales to boast, the introduction of higher end luxury models like the Hyundai Genesis and Equus sedans and the Kia Quoris / K9 saloon, have placed the Koreans one step closer to...
- Hyundai And Kia To Invest Us$12.2 Billion In 2012, Aim For 7 Million Sales
Hyundai Motor Group, the owner of both the Hyundai and Kia brands and the fifth largest automaker in the world, announced that it will invest US$12.2 billion this year in research and development (R&D) as well as on improving its facilities. The...
- European Sales Down 12.3% In April But Fiat Group And Hyundai Manage To Sell More Cars
Despite the fact that the new passenger car market declined for the twelfth consecutive month in Europe, totaling 1,251,862 units in April, or 12.3% less than in the same month a year ago, Hyundai and the Fiat Group that consists of the Fiat, Alfa Romeo...