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Hyundai (HYMLF) reports sales in the U.S grew 56% to 90,017 units in May.Retail sales advanced 54% to 84,351 units.Hyundai fleet sales expanded 95%, representing 6% of total volume.YTD sales increased 50% to 334,670 units.Retail sales rose for the entire lineup with S...
Hyundai Motor (HYMLF) has selected BorgWarner's integrated drive module (iDM) for its power electric system in the upcoming A-segment electric vehicle production, which will start in mid of 2023. BorgWarner's iDM146 operates at 400V and has an exceptional peak power of 135 kW."We have enjoyed...
There is a bit of brand dissonance in “Apple and Kia”. But it makes sense if Hyundai/Kia is willing to give up control to Apple, the thing Apple likes the best. Any way you slice it, we are many years off of seeing the Apple Car. There is no short-term thesis related...
Summary Last week, we shared our most recent trading strategy involving options with regard to the uber (pun intended)-volatile, fiercely-debated Tesla ( TSLA ). The trading strategy that we've offered is only slightly bearish, reaching its maximum gain potential if and when TSLA trade...
Asia-Pacific: The Week Ahead (May 27-31) South Korea’s economy appears to have taken a hit recently from U.S.-China trade-related effects, as the week ahead brings further color on the country’s consumer and business confidence, as well as a rate decision from the Bank of Kor...
Asia is where the electric vehicle boom is well and truly underway: China is the world’s biggest market for EV cars in sales , while Japanese brands are in the vanguard of EV technology . Over a million EVs were sold in China in 2018 — more than double the amount so...
Automakers hosted press conferences at the annual New York Auto Show around March 28, to show their new wares, most of which will become available some time in 2018, although some not only until 2019. In comparison to other auto shows, there were precious few exotic concept cars, and the new v...
Most people know the cost of driving a car that runs on regular gasoline. You take the price of the fuel per gallon, and divide it by the Miles Per Gallon ((MPG)) number that your car yields. The resulting number is the “cost per mile” in variable fuel cost terms. So far, in...
General Motors ( GM ) is most famous in the SUV world for its body-on-frame SUVs made in its factory near Dallas, TX. It sold 277,413 of them in the U.S. alone, in 2017. That was down 5% over 2016: here. Many buyers of these body-on-frame SUVs - Tahoe, Suburban, Yukon and Escalade - howeve...
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Asia is where the electric vehicle boom is well and truly underway: China is the world’s biggest market for EV cars in sales , while Japanese brands are in the vanguard of EV technology . Over a million EVs were sold in China in 2018 — more than double the amount so...