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Peugeot RCZ to be dropped from production

Peugeot RCZ to be dropped from production

Peugeot has plans of reducing its models and part of this means discontinuing the RCZ. The Peugeot RCZ will be soon dropped from production. The model in question will not be getting a successor and this is part of the company’s strategy of reducing the number of vehicles from 26 […]

Hyundai reports declining first quarter profit

Hyundai reports declining first quarter profit

Hyundai Motor, South Korea’s largest automaker and the fifth biggest in the world when taken together with affiliate Kia Motors, recently reported its profits during the first three months have fallen for the fifth straight quarter. The fifth consecutive profit slump at the carmaker was triggered by rising incentives in […]

Europe: Honda bids the Accord fair well

Europe: Honda bids the Accord fair well

The third largest Japanese automaker – Honda Motor – has apparently decided to desert the European midsize segment, giving the axe to the well-known Accord nameplate that is due for an upcoming revision in Japan and the US. It appears that the decision (which is not the only one in […]

Hyundai sees fourth quarter profit sliding 19%

Hyundai sees fourth quarter profit sliding 19%

South Korea’s largest automaker, Hyundai Motor, has missed analyst estimates after it reported its fourth consecutive quarterly profit drop, weighed down by the dreary economic situation in Russia and by increased incentives in America. Hyundai, the world’s fifth-largest carmaker when joined by affiliate Kia Motors has seen net profit for […]