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Hyundai moving beyond 'value' brand reputation
Wed, 11 Jan 2012Hyundai's U.S. boss says the brand is changing from a "value" brand into a "valuable" brand. John Krafcik, CEO of Hyundai Motor America, said the brand is quickly shedding its roots as a purveyor of new cars for used-car prices and becoming a major player in the global industry.
Auto Show: Los Angeles Auto Show gives preview into design competition
Tue, 21 Dec 2004Ask automobile designers to come up with their interpretation of the 'Ultimate LA Machine' and you'll get a broad array of creative ideas. That's precisely what the LA Auto Show asked Los Angeles area automobile design studios to do - and the results are fascinating, entertaining and thought provoking. The LA Auto Show has provided a sneak peek into the competition by releasing one of the 13 entries - the Hyundai NTT, 'Entity', submitted by the Hyundai Kia America Design Center.
Aston Martin to axe a third of jobs
Mon, 01 Dec 2008Aston Martin today announced 600 potential redundancies. It is consulting with the unions to lose 300 permanent jobs and 300 temporary staff By Tim Pollard Motor Industry 01 December 2008 14:00 Aston Martin announced at 2.00pm today that it is to cut a third of its UK workforce in a response to a slump in sales. The company, based in Gaydon, Warwickshire, said it today launched a consultation with the unions to cut 300 permanent jobs and 300 temporary posts – out of a total of 1850 employees.