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El fabricante de autos surcoreano llegó tarde al furor por los SUV y ha pagado el precio con ventas deslucidas y un desplome en las utilidades. Pero a partir del próximo año, Hyundai estará finalmente compitiendo con una línea más completa.
Toyota's North America CEO Jim Lentz is looking to chop unpopular nameplates from the U.S. lineup as bosses in Japan order him to restore sagging profitability to record levels.
Han-woo Park says Kia is graduating from its position as a fast follower to being a global leader in such areas as design and quality. The Kia CEO also wants to build up the brand's light-truck lineup.
Subaru has been dogged by rising quality problems in Japan. The lapses are now bleeding into the all-important U.S., and global President Tomomi Nakamura isn't happy.
Mazda pulls the curtains on its next-generation Mazda3 small car at this month's Los Angeles Auto Show, kicking off a new era of performance-oriented vehicle platforms and Skyactiv-X drivetrains.
Wonhee Lee is pushing Hyundai Motor Co. to introduce a full lineup of crossovers, roll out more electrified vehicles with next-generation batteries, and possibly even offer a pickup.
Hyundai will unveil the Palisade crossover, its big-bodied, three-row answer to the Ford Explorer, Toyota Highlander and Chevrolet Traverse, at this month's Los Angeles Auto Show. It is one of two crossovers Hyundai is adding in 2019 as the company races to match the industry's rapid shift from cars to light trucks.
Mazda will unveil its next-generation Mazda3 small car — its most popular vehicle in Canada in 2017 — at the Los Angeles Auto Show, beginning an era of performance-oriented platforms and Skyactiv-X drivetrains.
Mazda will pull the curtains on the next-generation Mazda3 small car at this month's Los Angeles Auto Show, kicking off a new era of performance-oriented vehicle platforms and Skyactiv-X drivetrains, all wrapped in a voluptuous new design language.
Nissan said its push to improve profitability in the U.S. is taking more time and money than expected. The automaker's North American profit climbed 13 percent but fell 21 percent globally.
Toyota se une a los fabricantes de automóviles, incluidos Ford Motor Co. y Fiat Chrysler Automobiles, para repensar las carteras de productos en un mercado cada vez más dominado por camiones ligeros y SUV.
Bigger profits and more vehicle sales in Europe helped to boost Toyota's operating profit by 11 percent in the latest quarter.
Subaru cayó al rojo en el último trimestre en medio de los costos en espiral de una serie de llamadas a revisión en Japón y otros problemas derivados de una serie de problemas de inspección de vehículos.
Japan's carmakers, two of which assemble vehicles in Ontario, see tough challenges in meeting more stringent North American local-content rules. They may have to rethink sourcing of seven key component systems.
Subaru tumbled into the red in the latest quarter amid spiraling costs for a series of recalls in Japan and other quality issues stemming from faulty vehicle inspections.
Japan's carmakers see tough challenges in meeting more stringent North American local-content rules. They may have to rethink sourcing of seven key component systems.
Mazda slumped into the red in the most recent quarter, broadsided by falling global sales, suspended production in Japan, unfavorable foreign exchange rates and increased investment in its U.S. retail network reforms.
Honda's more profitable sales mix and aggressive cost cutting offset foreign exchange rate losses.
Honda reported a 40 percent surge in operating profit in the most recent quarter as a more profitable sales mix and aggressive cost cutting offset foreign exchange rate losses.
By the end of next year, both brands will be fielding full crossover lineups — from subcompacts to full-size family movers — and executives see them leading to upswings in volume.
Instead of selling cars at first, the Lynk & CO joint venture between Volvo and Chinese automotive giant Geely first wants to crack the U.S. market by selling other merchandise.
The global bosses at Hyundai and Kia are still weighing a congressional call to have their top U.S. executives testify about a rash of reported noncollision fires in their vehicles as they work with regulators to address safety concerns.
South Korean supplier Hyundai Mobis, determined to catch up on self-driving technology, invested $300 million to equip its new proving grounds with multiple test tracks, including an intelligent transportation system course and what it calls the world's longest tunnel-testing area.
A spiraling trade war casts new doubt on Chinese automakers' overseas ambitions, while landmark policy changes mean China's domestic market is no longer the sheltered incubator it once was.
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