World Auto News & Reviews

After speaking directly with Hyundai, Leftlane has learned that, despite yesterday’s reports to the contrary, the Korean automaker does not have any intention to open a plant in Mexico.

A report that originated with Edmunds yesterday indicated that the government agency Promexico was in negotiations with Hyundai over a new factory in the state of Veracruz.
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Hyundai has released pricing for its revised 2010 Santa Fe that goes on sale in the UK on the 4th of January 2010. Despite the various upgrades that include minor exterior and interior styling tweaks but most importantly, a new 2.2-liter turbo diesel engine that makes 197-horsepower and is the only powerplant offered in Britain, the new Santa Fe is priced lower than the outgoing ‘09 model with prices now ranging from £21,495 to £25,495 (at new 17.5% VAT rate).
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A new world-beating engine, more equipment and a stylish new look – all at a lower price. The 2010 Hyundai Santa Fe looks too good to be true.

But buyers looking for a big, practical family car can stop pinching themselves, as Hyundai has confirmed the amazing news that its 2010 Santa Fe will actually be cheaper than the car it replaces, despite a raft of improvements.
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“Now finance or lease any new Hyundai, and if you lose your income in the next year, you can return it with no impact on your credit.”- That was the voice over for Hyundai’s commercial during last year’s Superbowl. The company also ran nine ads during the Academy Awards to launch the Genesis. Ads like these during a time when every big advertiser was trying to avert the minds of consumers away from the recession, are the reason that Hyundai was named AdAge’s 2009 Marketer of the Year.
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In a market showing signs of recovery, Hyundai’s Australian Dealer network has secured another record for the brand, selling 6,281 vehicles and achieving a market share of 7.8%. Sales for October 2009 were up +106% over the same month last year – giving Hyundai its best ever October result. Topping off an outstanding month, the iLoad van range achieved its highest ever market share.In a total market that has decreased 11.7% (October YTD 2009 v. October YTD 2008), Hyundai remains the only volume brand to grow sales in 2009 (October YTD), posting ten consecutive months of year-on-year growth and an overall increase of sales of 42%YTD.
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