hyundai-motor

Auto CEOs want Trump to order review of 2025 fuel rules

By David Shepardson WASHINGTON (Reuters) – The chief executives of 18 major automakers and their U.S. units urged President Donald Trump to revisit a decision by the Obama administration to lock in vehicle fuel efficiency rules through 2025. In a letter sent late Friday and viewed by Reuters, the chief executives of General Motors Co , Ford Motor Co, Fiat Chrysler Automobiles NV, along with the top North American executives at Toyota Motor Corp…

Here is the original post:
Auto CEOs want Trump to order review of 2025 fuel rules

hyundai-motor

Hyundai, Kia target sales rebound after first fall in 18 years

Hyundai Motor and affiliate Kia Motors on Monday forecast global sales to rebound in 2017 by a stronger-than-expected 5 percent, after posting their first annual sales fall in nearly two decades last year. Sales could get a lift this year with emerging markets such as Russia stabilizing, and with Hyundai and Kia Motors gearing up to boost supply to the United States and China, analysts said. “With the global economy continuing its low growth, trade protectionism spreading and competition intensifying in…

See the rest here: 
Hyundai, Kia target sales rebound after first fall in 18 years

hyundai-motor

Blindsided by SUV boom, Hyundai Motor trims costs, perks

The South Korean automaker has been hit by its exposure to weak emerging markets, and a product line-up that features more sedans than sport utility vehicles, just as SUVs have become more popular across many global markets. Since October, Hyundai Motor Group executives have taken a 10 percent pay cut, the first such move in seven years. The number of executives at Hyundai Motor alone has risen by 44 percent in five

Read more from the original source:
Blindsided by SUV boom, Hyundai Motor trims costs, perks