Hyundai hopes Palisade large SUV to spearhead sales recovery in U.S.

2019 Hyundai Palisade images

Hyundai Motor on Tuesday started South Korean sales of its Palisade large sport utility vehicle (SUV), a model it hopes would spearhead a sales recovery in the United States when released in its major overseas market next year. Consumer preferences have shifted swiftly to SUVs in recent times, impacting Hyundai with its sedan-heavy line-up. The […]

Hyundai is setting a new benchmark with fourth-generation Santa Fe

All new Hyundai Santa Fe

Hyundai is “setting a new benchmark” in the SUV segment with the release of the all-new fourth-generation Santa Fe, as per a statement yesterday. With this, the company is providing customers outstanding design, innovative technology and the recent safety features, while maintaining the popular model’s reputation for excellent value. Starting with the launch of its […]

Elliott Management calls for fresh restructuring at Hyundai Motor Group

Elliott Management

U.S. activist hedge fund Elliott Management made new propositions to restructure Hyundai Motor Group on Friday, renewing pressure on the South Korean conglomerate months after forcing it to abandon its own strategy. Elliott, which owns $1.5 billion worth of shares in three Hyundai group companies, called for a committee to evaluate its proposals with other […]

Hyundai to set up showroom on Amazon

Hyundai Tuscon images

Hyundai Motor stated on Wednesday it is going to set up a showroom on Amazon.com that will assist car purchasers book test drives, check dealer inventories and compare costs and reviews. The showroom will run through Amazon Vehicles, a platform the world’s biggest online retailer launched in 2016, for others to research on cars, auto […]