Loosening inventories balance economic pressures, including rising interest rates.
Data analysis puts South Korean brand’s volume above GM, other big players.
Court rules that Hyundai’s discretionary allocations weren’t unreasonable.
NASCAR Driver Toni Breidinger teams up with Kelley Blue Book to test top award winner.
Hyundai may not maintain its EV sales momentum if it can no longer qualify for U.S. tax credits under the Biden Administration’s Inflation Reduction Act.
South Korea wants a three-year grace period on the U.S. Inflation Act to enable Korean automakers to keep receiving U.S. electric vehicle (EV) incentives.
Honda points to continued supply issues as overall industry inventory improves.
Hyundai Motor Co. will focus on luxury models, SUVs and electric vehicles (EVs) to achieve record-high earnings in 2022.
Korean carmakers say old recalls still affecting profits.
Alabama supplier to Hyundai, Kia paid over $30,000 in penalties after investigation found teens as young as 13 working at plant.
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