Thursday, 27 May 2010
Wednesday, 26 May 2010
Thursday, 20 May 2010
Hyundai Montgomery plant to produce more Sonatas
New Hyundai Sonata sales are heating up!!
New Hyundai Sonata sedan, which went on sale in February this year, is so popular that Hyundai is having problems keeping up to build enough vehicles to satisfy the demand. The automaker has recently announced it will move production of Santa Fe SUV from its Montgomery manufacturing plant to West Point Georgia, where Kia Motors produces Sorento crossover.
Hyundai Sonata sales have increased more than 50 percent to over 18.000 units for the second month in a row and Hyundai workers at the plant have been working extended hours to produce enough Sonata sedans.
With the demand so high, it is very likely that the plant will need to remain on extended hours for the next few months.
According to top Hyundai official, the automaker expected the redesigned Sonata to sell well, but intial demand has them all. Sonata is setting record-high sales and Hyundai could sell even more cars if they could increase the supply. Unfortunatelly, Sonata's production is limited to around 200.000 vehicles per year.
"Demand is clearly above what we can supply at the Montgomery plant," Hyundai Motor America CEO John Krafcik said recently.
New Hyundai Sonata sedan, which went on sale in February this year, is so popular that Hyundai is having problems keeping up to build enough vehicles to satisfy the demand. The automaker has recently announced it will move production of Santa Fe SUV from its Montgomery manufacturing plant to West Point Georgia, where Kia Motors produces Sorento crossover.
Hyundai Sonata sales have increased more than 50 percent to over 18.000 units for the second month in a row and Hyundai workers at the plant have been working extended hours to produce enough Sonata sedans.
With the demand so high, it is very likely that the plant will need to remain on extended hours for the next few months.
According to top Hyundai official, the automaker expected the redesigned Sonata to sell well, but intial demand has them all. Sonata is setting record-high sales and Hyundai could sell even more cars if they could increase the supply. Unfortunatelly, Sonata's production is limited to around 200.000 vehicles per year.
"Demand is clearly above what we can supply at the Montgomery plant," Hyundai Motor America CEO John Krafcik said recently.
Hyundai mulls new engine plant
Hyundai reports it has concluded a feasibility study on a new diesel engine plant in India about three months ago. According to the study, it would costHyundai around 550 million dollars to set up the plant with an annual capacity of 300.000 diesel engines.
According to Hyundai, the momentum towards a diesel engine plant in India is increasing now, as the automaker is planning to unveil a diesel powered i10 hatchback to counter emerging competition.
The i10 crdi would compete against just recently launched Ford Figo, which has achieved some good sales since launched a few weeks ago. The Figo is also available with diesel engine, so Hyundai has to respond in order not to loose customers looking for small fuel efficient cars with diesel engines.
Currently Hyundai builds gasoline powered i10 models in India, while those powered by 1.1L crdi diesel engine are imported from South Korea. Last year, Hyundai produced 270.000 units of i10 hatchback, both petrol and diesel put together. Out of those number, 149.000 units were sold in India. All i10' were equiped with petrol engines, while diesel variants were exported mainly to Europe.
Read more Hyundai news hee.
According to Hyundai, the momentum towards a diesel engine plant in India is increasing now, as the automaker is planning to unveil a diesel powered i10 hatchback to counter emerging competition.
The i10 crdi would compete against just recently launched Ford Figo, which has achieved some good sales since launched a few weeks ago. The Figo is also available with diesel engine, so Hyundai has to respond in order not to loose customers looking for small fuel efficient cars with diesel engines.
Currently Hyundai builds gasoline powered i10 models in India, while those powered by 1.1L crdi diesel engine are imported from South Korea. Last year, Hyundai produced 270.000 units of i10 hatchback, both petrol and diesel put together. Out of those number, 149.000 units were sold in India. All i10' were equiped with petrol engines, while diesel variants were exported mainly to Europe.
Read more Hyundai news hee.
Tuesday, 13 April 2010
GM Daewoo sells 191 Cadilacs in South Korea
GM Korea, the third largest automaker in South Korea after Hyundai Motor Company and Kia Motors revealed yesterday that sales of Cadilac cars during the first quarter of 2010 have risen to 191 units. The number represents an increase of more than 100 percent compared to the first quarter of 2009.
During the month of March 73 new Cadillacs were sold in Korea, marking an increase of 92 percent from the same month last year, the automaker said.
The company attributed the increase to the launch of new vehicles and the expansion of its retail network. Two new showrooms were opened in Seoul and Daejeon during the second half of last year, and GM Korea signed A&G Motors on as a new dealer in December.
According to the statement, GM Daewoo plans to open another showroom in southern Seoul in the second half of 2010 to further strengthen its sales network and increase its sales to more than 100 vehicles per month. [Source: Koreaherald]
Read more about Sonata sales here.
During the month of March 73 new Cadillacs were sold in Korea, marking an increase of 92 percent from the same month last year, the automaker said.
The company attributed the increase to the launch of new vehicles and the expansion of its retail network. Two new showrooms were opened in Seoul and Daejeon during the second half of last year, and GM Korea signed A&G Motors on as a new dealer in December.
According to the statement, GM Daewoo plans to open another showroom in southern Seoul in the second half of 2010 to further strengthen its sales network and increase its sales to more than 100 vehicles per month. [Source: Koreaherald]
Read more about Sonata sales here.
Friday, 9 April 2010
The fourth largest carmaker in Korea, the Renault-Samsung Motors announced that its first quarter car exports rose to a new record.
The automaker revealed it has exported more than 22.400 new vehicles during the first quarter of the year, beating previous record set in September 2000.
Export figures have increased 171 percent compared to last year and the outlook for the next three months is good as well announced the company.
According to the statement, some cars have been sold overseas under the Renault and Nissan nameplates and that has helped the automaker quite a lot. Since Renault-Samsung began exporting vehicles in significant volumes back in 2006 with the compact car SM3, its exports have increased steadily. Exports now account for 48 percent of overall new car sales.
The fact that the sales of Renault-Samsung cars are increasing shows that the automaker has built an attractive vehicle line-up and also that the company has gained the confidence among consumers overseas.
Renault-Samsung is the fourth largest automaker in South Korea after Hyundai Motor Company, Kia Motors and GM Daewoo.
The automaker revealed it has exported more than 22.400 new vehicles during the first quarter of the year, beating previous record set in September 2000.
Export figures have increased 171 percent compared to last year and the outlook for the next three months is good as well announced the company.
According to the statement, some cars have been sold overseas under the Renault and Nissan nameplates and that has helped the automaker quite a lot. Since Renault-Samsung began exporting vehicles in significant volumes back in 2006 with the compact car SM3, its exports have increased steadily. Exports now account for 48 percent of overall new car sales.The fact that the sales of Renault-Samsung cars are increasing shows that the automaker has built an attractive vehicle line-up and also that the company has gained the confidence among consumers overseas.
Renault-Samsung is the fourth largest automaker in South Korea after Hyundai Motor Company, Kia Motors and GM Daewoo.
Tuesday, 30 March 2010
Daily Purpose Garmin's Forerunner 110 GPS watch
Garmin has known for its high-tech GPS devices in around the world. Company is completely focusing to run their latest GPS watches along with world class and long-standing Forerunner line. ‘em also leading a huge market which is advantageous for people who does not have any issues to follow lengthy setup procedures.
The new Forerunner 110 exist much capability to transform all that. The design has been made as per comfort for runners and other fitness freaks. These SiRFstarIV-impart time gadget grants quick access to distance, pace and time within a least significant second. At the opening door side the product initially sold out to those people who does not looking for complexity in their life. It is also useful to monitors heart beats and display recent hits per second and heart rate-based calorie computation, both will be activate after synchronizing with computer. USB port allow user to connect the watch with their monitoring device.
Watch is having improved battery life up to 8 hours. There is also a facility to switch device in training mode or three weeks for power saving purpose. The price is not open yet, we can only say that the device will be available in black / gray, charcoal / red and gray / pink color combinations.
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