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Hyundai’s key Sonata model fails to impress US market


The South Korean automaker hoped the recently refreshed Sonata sedan would be an asset in reversing dwindling US sales, a market that follows closely in importance the world’s largest auto outlet – China. But, according to industry insiders the new model has failed to impress both critics – who describe it as a pale substitute to the popular outgoing model – ...
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More decline articles

China: auto forecast revised again for 2014
Following the slowing growth registered in recent months, the world’s largest auto market is on pace to miss a prediction for the year, as the pace of delivery increases has ...
US: Winnebago sales rise, but shares fall
Winnebago Industries Inc, the world famous US motorhome producer saw its quarterly profit jump 22% because of rising demand for the company’s products. Motorhome deliveries for the three-month period jumped 25%, ...
Low demand for open top cars brings losses to roof suppliers
Do you fancy a convertible car for the rosy spring days or hot summer nights? Well, unfortunately, chances are in a few years your options would be seriously limited. That’s because ...
US: fuel prices could hit record low this year
Auto sales have been boosted this year by rising consumer confidence, which in its part has been partially triggered by the steady decline of fuel prices across the nation. Now, some ...
Russia: Opel to slowdown car output
The country’s economic troubles and political tensions, coupled with sanctions imposed by the Western nations have weighed down on consumer confidence and the auto market has been severely hit. Following other ...
Russia: PwC mulls an 8 to 12% sales slowdown
According to new estimates from PricewaterhouseCoopers, the Russian new-car market is expected to slump severely in 2014, with a fall seen at 8 to 12%. PwC has moved to downgrade its ...
US: study sees grim near future for auto sales
A research coming from AlixPartners, a global business advisory firm, forecasts the current positive trend on the US new car sales market is not going to last. The sales, after probably ...
Car sales in Russia forecasted to dip 12% in 2014
After new car sales in Russia slipped no less than 17.3 % in June over the same period last year, the Association of European Businesses (AEB) moved to forecast that ...
Japan’s sales decline starts to wither
After in April the country’s sales tax rose for the first time in many years, auto sales in May only dipped 1.2% from the same period in 2013, easing fears ...

latest automotive news
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