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Today ends John Krafcik’s tenure as president and CEO of Hyundai Motors America. He will be replaced by David Zuchowski, the company’s executive vice president of sales.
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Hyundai and Kia Motors have settled litigation with car owners affected by overstated fuel economy ratings on vehicles sold between 2011 and 2013. Affected consumers will be given an option to accept a single “lump sum” payment or take part in a lifetime reimbursement program the OEM created in late 2012.
Read More →Following a critical piece in the New York Times on the arbitration clause found in its warranty statement, Hyundai drops the policy. The change came a week before the CFPB released its first report on the effect of arbitration agreements on consumers.
Read More →Advertising experts at this week's J.D. Power Western Automotive Conference discussed how dealers and automotive marketers can increase sales through multicultural marketing and media.
Read More →The Detroit News reports the prolonged government shutdown will likely negatively impact auto sales. Manufacturers report sales have not been hit hard yet, but industry experts say consumers can only take so much uncertainty.
Read More →Manufacturers attribute the drop in the SAAR to fewer selling days in September and Labor Day sales being included in August sales totals. One manufacturer attributes the drop to troubles in Washington, D.C.
Read More →Hyundai’s ‘Seal of Approval’ is the 19th OEM lead management certification for Dealertrack’s DMS CRM solution.
Read More →Year-to-date sales in May were up 7.3 percent, according to AutoData Corp., while the SAAR was up 1.36 million units from a year ago. Several manufacturers also reported record-breaking Mays.
Read More →The SAAR is up slightly vs. April of last year, and most manufacturers experienced an increase in sales during the month.
Read More →The majority of manufacturers reported an increase in sales over last March, with the exception of Mazda and Hyundai. March’s SAAR stood at 15.27 million units, up from 14.14 million units one year ago.
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