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Hyundai & Kia responsible for big positive impact on European economy

A report by economics consultants London Economics reveals the big positive impact Hyundai and Kia are having on the European economy. We already know that both Hyundai and Kia are looking at 2013 more as an exercise in building their ’Brand’, rather than simply selling more and more credible cars. ‘Brand’ is often as much about perceptions as anything else, so if you can address any possible negatives for your brand, as well as producing cracking products, you’re on to a winner.

Mitsubishi revamps U.S. strategy

Mitsubishi plans a different U.S. model lineup and a new production strategy for its assembly plant in Normal, Ill., as it shifts emphasis away from regionally focused vehicles to global small cars, hybrids and electrics. Shinichi Kurihara, CEO of Mitsubishi Motors North America, says the company will launch four new models in the United States within three years, as four slow-selling U.S.-built vehicles are phased out of production by 2014.

Tesla Model S to get 4WD option in 2014

The Tesla Model S (pictured) to get 4WD option in 2014 The Tesla Model S is an astonishing success for Tesla, and has turned a company on the edge of financial chaos, and in hock to the government, in to a stock market darling thanks to strong sales and great reviews. Tesla’s next trick should be the arrival of the Model X SUV in 2015, which will be a jacked up Model S with 4WD and the promise of impressive performance at a price that will go right to the heart of SUV/SAV offerings from the Germans and Land Rover. But ahead of the Model X actually arriving in Tesla Showrooms and customers’ hands, it looks like Tesla are set to add a 4WD option to the Model S using the drivetrain they’ve developed for the Model X.