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Hyundai Releases Additional Info on the Genesis

Hyundai has lifted the shroud a little more on the upcoming 2010 Hyundai Genesis, showing a little more skin to those individuals waiting patiently for information on this upcoming blast from the Korean automakers.

The Genesis Coupe and the Genesis sedan will make their Specialty Equipment Market Association (SEMA) show debuts next week.

The Coupe and sedan are made with ultra high strength steel, providing a world-class rigidity of the vehicle’s body. In fact, the Genesis sedan is 10-12% stiffer in torsion than its market Lexus and Mercedes-Benz competitors, yet it is lighter than both of those vehicles. This offers improved movement and safety from its competitor vehicles.

Indeed, it seems that the focus for the 2010 Hyundai Genesis is on efficiency of weight distribution. The car is designed beautifully, with attention paid to all of the right curves. The Genesis offers strong performance, able to go 0-60 in just 5.7 seconds, and bolsters great fuel economy with its elegant design, but it all comes down to how the weight is distributed over the car that helps set this one apart.

For more information on the Hyundai Genesis or any other cars from this exciting company, head down to your local Pottstown Hyundai dealer today.

Honda’s Motorcycle Division is Doing Well

Despite the economic downturn, Honda has reached a milestone in its motorcycle division. Honda’s worldwide motorcycle production reached the 200 million unit milestone at the end of September 2008. Honda achieved this milestone in the 60th year since the company began motorcycle production in 1949 with the Dream D-type.

Honda began making motorcycles in 1949 with the Dream D-type, which began mass production that year. They began production outside of Japan in Belgium in 1963. Since then, Honda has begun expanding its production to other countries and locales with more products being turned out with each improvement to vehicle construction.

For Honda to reach such a milestone in the midst of such economic turmoil is a very good thing. It can boost the spirits of Honda workers and stockholders, giving the automaker something to celebrate. The milestone is an important one and solidifies Honda’s stance in the world of motorcycle production.

Honda’s annual worldwide motorcycle sales exceeded 10 million units in 2004. 2007 sales reached 13.47 million units, marking a 7% increase from 2006. Honda envisions sales of more than 18 million units in 2010.

With Honda focusing more energy on motorcycles and sales in those departments looking good, it may be as good a time as any to start thinking about a Honda bike. Drop by your local Pottstown Honda dealer today for more information.

Honda Gets Set to Cope

Honda announced on Tuesday that its net profits were hurt by currency rates, the costs of raw materials, and declining North American sales. It announced that there was an expectation of lower profits for the year.

OAS_AD(‘ArticleFlex_1′);According to reports released by Honda on Tuesday, its consolidated net income for its fiscal second quarter was $1.2 billion, a decrease of 40.9% from the same period in 2007. Honda reported total revenue of $27.3 billion, a 4.9% decline, for the July-to-September quarter.

On top of that, Honda also announced production cuts in the United Kingdom plants, although they said there were no plans that would involve any job loss. Honda has been making significant production cuts since the summer, when sales really began to dip. The car company is hoping for a respite from the falling bricks from the automotive industry, but it doesn’t look like there is going to be any of that any time soon.

So car companies like Honda and Toyota will need to get set to cope with the rushing problems of economic uncertainty. People aren’t buying cars, which impacts production and materials across the board. Some car companies have plans in place that allow them to cope better than others. Honda is hoping that it will be able to regulate its sales declines effectively and operate efficiently despite the downturn.

For more information on this situation, drop by your local Doylestown Honda dealer.

Hyundai Banking on Luxury and Hybrid Hopes

With Hyundai handling the economic downturn better than the large majority of car companies today, the company has moved into another phase of their plan. Indeed, Hyundai has seen decline in its North American sales this year. But the Korean automaker still has reason to smile, as it has coped with the market downturn better than almost all of its competitors.

Perhaps against good sense, Hyundai has elected to move forward in a big way with its luxury vehicles. Cars like the Hyundai Genesis will be pushed heavily in the next months as Hyundai looks to expand its profile in the luxury and “near-luxury” fields, offering consumers a change from the norm.

Along with the luxury promotions strategy, Hyundai is gearing up for a big hybrid push. The strategy is said to be very ambitious and includes a plan to differentiate between the Hyundai and Kia brands, offering owners more choice and selection.

Hyundai still has big goals for sales targets in North America and hopes to meet them, but this change in strategy may put the company at some risk. That’s not to say that the risk isn’t worth it. If Hyundai can move vehicles like the Genesis at a considerable rate and if customers response to the marketing of the hybrids, the company could do quite well.

For more information on Hyundai’s new strategy, head on down to your local Doylestown Hyundai dealer.

Adding Up Hyundai’s Work Stoppage

With Hyundai’s decision to stop production for 11 days at an Alabama factory, many are wondering about the economic impact such a move will have.

The price tag for the decision is said to have the potential to range in the millions of dollars, say local Alabama analysts. Factoring in the lost wages alone would be difficult, but it is believed that workers can utilize vacation pay or off-days to help accomodate for the lost wages. The economic impact of such a move will hit average families hard and some workers may need to make other arrangements.

Workers and Hyundai suppliers must also be added to the mix, as the impact on their businesses is also up for grabs and ought to be measured. As you can see, there are a number of variables involved with Hyundai’s stoppage and many of them have far-reaching effects.

On the contrary, however, Hyundai had little choice. Production was down, sales were down, and there was simply no reason to continue amping things up at the rate of construction. The automaker had to do something and made the best of a bad situation.

For more information on how the stoppage might impact costs or prices, drop by your Lansdale Hyundai dealer today.

Japanese Car Companies Adapt

It seems that one can’t get very far today without finding news about the economic situation in North America and the world. Companies are having a lot of trouble moving merchandise and gaining ground, so many have needed to adapt to use new tactics. The Japanese automakers are among the best in the world when it comes to adapting to new situations and Honda is leading the way with some of the best moves in the business.

Honda is moving its focus from American markets with slumping sales to other non-traditional markets in hopes of capitalizing on some new blood. China, for instance, is a road that many Japanese automakers are starting to focus a lot of attention on.

The U.S. automakers are milling over the process of mergers and other downturn-related situations, but Japan’s best are looking for other ways to get their products out there. Often seen as more resourceful and creative, Honda, Toyota, and Nissan have started branching out to several new markets to try to move vehicles.

With less attention paid to North American markets due to the economic situation, perhaps now is a great time to head down to your local Lansdale Honda dealer for more information on how this situation can benefit you. Honda is still looking for more inroads to North American markets and always will be, so you may be able to benefit from some of their measures.

Hyundai Withstands Slump

With most of the car companies in the world facing one form of a slump or another, it’s become a bit like a relationship. There will be hard times, of course, but now it all depends on how one gets through those hard times. With Hyundai, it seems that the company has recovered nicely and is getting through the “hard times” with as much class and dignity as possible.

Hyundai has withstood the worst of the auto sales meltdown in Norther America, which is its largest overseas market, because higher gasoline prices cause customers to favour its fuel efficient Hyundai Elantras over standard GM and Ford trucks or SUVs.

The net income for Hyundai fell 38% to 264.8 billion won, which was better than expected according to industry analysts. Many had thought that the income would fall to around 179.5 billion won. Sales slipped 15% to 6.05 trillion won. Operating profit plunged 71% to 104.5 billion won.

Despite these apparent drops, Hyundai is doing better than most people expected and the industry is the better for it. The South Korean automaker has withstood the slumping economy better than most companies, with a full plan for recovery and a continued movement of cars off of the lots.

For more information on Hyundai cars or its economic plans for the future, drop by your local Pottstown Hyundai dealer today.

Honda (and Toyota) Lead Quality Rankings

It’s really no surprise that Japanese automakers would get a leg up on North American automakers in the quality department. I know, I know…it’s shocking that I would say such a thing.

But with economic downturn in the United States really impacting the way car companies do business and with many car companies struggling to keep somewhat normal standards of car manufacturing going at the factories, it shouldn’t be a surprise that the more efficient Japanese automakers are having an easier go of things.

For years, the Japanese car companies have been technologically ahead of North American cars. The environmental measures have been more important amongst car companies like Honda and Toyota, for instance, and it shows. The two companies have recently scooped dozens of awards for their “green technology.” They are leaders in the field and it shows.

Consumer Reports’ annual quality survey was released on Thursday and it was learned that 15 out of 16 categories for reliability were led by Japanese car companies. The only American company to crack that was Ford. Honda’s Acura was highly rated in the category describing cars with fewest problems, while the Scion xD from Toyota led a great many fields.

With both Honda and Toyota leading in fields of reliability with great consistency, perhaps it’s time to get behind the wheel of something different. Head on down to your Pottsdown Honda dealer for more information today and get yourself on the winning team.

Hyundai Cuts Santa Fe Production

Hyundai’s Alabama production plant is once again facing changes to its schedule as the car company braces for upcoming changes.

Because of decreasing demand for the Hyundai Santa Fe SUV, the company has proposed a drop in production that will cut 11 days off of the schedule for 2008. This means that the plant will shift to a four day work week starting this Friday, as the only way to cut the days in the schedule is to drop days eacch week.

Plant workers will then be given the opportunity to take the 11 days as pure vacation time or to take personal leave days on all Fridays. The off-days are to begin October 25 and will run through December. Three days off related to Thanksgiving and Christmas have been added to the plant’s previously scheduled downtime.

So what does this mean for Hyundai? Well, in the short-term it means very little, as most car companies are coming to terms with a variety of cutbacks. Plant hours are being shifted around frequently to accomodate the change in production, which inevitably leaves some people in tought positions. Over the long-term, Hyundai will need to find a way to recover the losses and  turn production around somehow.

Car companies around the world are cutting time as the economic crisis continues to wage war on the consumer. But there is hope, as Hyundai is making the right moves to protect everyone from the Doylestown Hyundai dealer to the Alabama factory worker. These are tough times, yet Hyundai’s composure reminds of that there is a light at the end of the tunnel.

Honda’s Motorcycle-to-Car Communication System

Leave it to Honda to come up with a leading piece of technology, eh? Honda’s motorcycle-to-car communication system was tested recently at the Opel Test Track in Dudenhofen, Germany. The CAR 2 CAR Communication Consortium was an event to demonstrate the function of several pieces of technology that allow cars on the road the ability to communicate better with one another.

By adding the motorcycle into the mix, Honda has introduced life-saving technology that could impact the way the road operates and the way vehicle drivers interact with one another. And it’s about time, too.

The system generates warnings to riders and drivers of other vehicles by continuous exchange of positioning data from satellite GPS sources, thus allowing drivers to know where other drivers and riders are on the road. This valuable information can prevent many an accident and provide more insight as to the movements of other drivers on the road, eliminating the guesswork it often takes.

Honda’s technology, at this point, offers communication with drivers of vehicles from a total of eight other manufacturers. The communications device comes alongside other measures from Honda to help drivers of motorcycles and cars experience more safety on the roads.

For more information on Honda’s system or any other products, drop by your local Doylestown Honda dealer today. You’ll be glad you did!

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