Hyundai may add hybrid production to $7.6 billion Georgia plant

Jose Munoz, chief performance officer of Nissan Motor Co., speaks during the 2018 North American International Auto Show (NAIAS) in Detroit, Michigan, Jan. 15, 2018. Andrew Harrer | Bloomberg | Getty Images NEW YORK – Hyundai Motor is reevaluating its plans to exclusively produce all-electric vehicles at a new plant under construction in Georgia, an … Read more

Hyundai’s Genesis previews all-electric SUV concept, the Neolun

Genesis Neolun Concept Genesis NEW YORK – Hyundai’s Genesis is previewing the future of the growingly prominent luxury brand with a new large all-electric concept vehicle called the Neolun. The full-size SUV features a sleek exterior design illuminated by long horizontal headlights and taillights reminiscent of the brand’s current EVs, though more modern. The interior … Read more

EV euphoria is dead. Automakers trumpet consumer choice in U.S.

Although consumer demand for EVs hasn’t shown up in the way executives had expected, sales of the vehicles are still predicted to increase in the years to come. Andrew Merry | Moment | Getty Images DETROIT — The buzz around electric vehicles is wearing off. For years, the automotive industry has been in a state … Read more

‘Extremely Dumb’ Arson Attack Means Tesla’s German Plant Won’t Have Power For 10 More Days

Good morning! It’s Thursday, March 7, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Arsonists Shut Down German Tesla Plant For Weeks Tesla’s Gigafactory in Germany isn’t expected to have … Read more

How Hyundai Motor Group became the world’s third-largest automaker

Hyundai Motor Group is the world’s third-largest automaker in the world by volume — but it wasn’t always so. In the late 1980s and 1990s, Hyundai cars suffered ridicule in America for being cheap and low quality. But that is no longer the case. The three auto brands in the automaker’s stable — Hyundai, Kia … Read more

Amazon car-buying seeks to reshape dealerships

The total addressable market for new and used car sales in the U.S. is estimated to be somewhere between $2.5 trillion and $3 trillion, according to the National Automobile Dealers Association. And e-commerce behemoth Amazon is attempting to do what insiders say no one has been able to do yet: bring a seamless online shopping … Read more

China poses growing threat to U.S. auto industry

A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai) Vcg | Visual China Group | Getty Images DETROIT – Chinese automakers pose a growing threat to their American counterparts — even without selling directly to consumers in the U.S. … Read more

For 10-year GM CEO Mary Barra, 2024 is about change and crisis

Mary Barra, CEO of General Motors, at the New York Stock Exchange, Nov. 17, 2022. Source: NYSE DETROIT — Monday marks 10 years of Mary Barra’s tenure as CEO of General Motors, ushering in a crucial year for the Detroit automaker and for her legacy. Over the past decade, Barra has been a dynamic executive, … Read more

UAW files unfair labor practice charges against Hyundai, Honda, VW

United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT — The United Auto Workers has filed unfair labor practice charges with the National Labor Relations Board against Honda Motor, Hyundai Motor and Volkswagen, accusing the automakers of unlawfully interfering … Read more

Automakers turn to hybrids in the middle of the EV transition

2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC DETROIT — As sales of all-electric vehicles grow more slowly than expected, major automakers are increasingly meeting their customers in the middle. More and more companies are reconsidering the viability of hybrid cars and trucks to appease consumer demand and avoid costly penalties … Read more