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New U.S. EV subsidies hurt Hyundai, Kia

The Inflation Reduction Act signed into law by U.S. President Joe Biden last month excludes Hyundai and Kia from federal tax credits.....»»

Category: topSource:  autonewsSep 1st, 2022

Ford, Hyundai join Tesla in turning to Idra Giga Presses

Idra was also about to sign a supply contract for two 9,000 presses with a premium automaker in Europe, its first with a European group, Reuters reported......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2023

Chinese government"s corporate subsidies have had little effect on firms" productivity

Over the past 15 years, the Chinese government has made significant efforts to promote innovation-driven growth through industrial policy and corporate subsidies. In a new study, researchers examined government subsidies to businesses in China to det.....»»

Category: topSource:  physorgRelated NewsOct 11th, 2023

Kia and Hyundai announce Tesla EV Supercharger compatibility for next year

The adoption of North American Charging Standard opens up 12,000 new charging stations for Kia and Hyundai owners.....»»

Category: topSource:  pcmagRelated NewsOct 9th, 2023

U.S. Warns E.U.’s Landmark AI Policy Will Only Benefit Big Tech

The U.S. warned the E.U. that its proposed law to regulate AI would favor companies with resources and hurt smaller firms, documents show. The US warned the European Union that its proposed law to regulate artificial intelligence wo.....»»

Category: topSource:  timeRelated NewsOct 9th, 2023

Tesla Model Y vs. Hyundai Ioniq 5: Which crossover reigns supreme?

The Tesla Model Y and Hyundai Ioniq 5 are both excellent electric crossovers -- but is one of them actually better? We put the two head-to-head......»»

Category: topSource:  digitaltrendsRelated NewsOct 8th, 2023

Hyundai, Kia to adopt Tesla EV-charging standard from 2024 in U.S.

Joining their global peers — including Ford, GM and Nissan — in adopting Tesla's North American Charging Standard, Hyundai's and Kia's moves take the Elon Musk-led company's superchargers closer to becoming the industry standard......»»

Category: topSource:  autonewsRelated NewsOct 5th, 2023

Hyundai is switching to Tesla-style NACS plugs for its EVs in late 2024

Hyundai EVs that still have the CCS1 plug will get access in 2025 with an adapter. Enlarge (credit: Hyundai) On Thursday morning, Hyundai announced that it's the latest automaker to adopt the North American Charging Sta.....»»

Category: topSource:  arstechnicaRelated NewsOct 5th, 2023

HYUNDAI-GENESIS: EVs deliver Q3 boost

Popularity of Hyundai and Genesis' crossover lineups coupled with the availability of electrified models helped boost September and second-quarter results......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2023

China rebukes EU after formal launch of EV subsidy probe

The European Commission formally launched the investigation on whether to set tariffs to shield its producers from a "flood" of imports of cheaper Chinese electric vehicles it says benefit from state subsidies......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2023

GM, Toyota, Honda, Hyundai, Kia rack up more U.S. sales gains in Q3

Analysts expect U.S. light-vehicle sales to rise 13 to 14 percent in September and 15 to 16 percent for the third quarter as retail inventories improve and fleet shipments rebound......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2023

Toyota, Honda, Hyundai, Kia rack up more U.S. sales gains in September, Q3

Analysts expect U.S. light-vehicle sales to rise 13 to 14 percent in September and 15 to 16 percent for the third quarter as retail inventories improve and fleet shipments rebound......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2023

Hyundai, Kia rack up more U.S. sales gains in September, Q3

Analysts expect U.S. light-vehicle sales to rise 13 to 14 percent in September and 15 to 16 percent for the third quarter as retail inventories improve and fleet shipments rebound......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2023

Without irony, Microsoft CEO says Google unfairly dominates search

Despite Microsoft's overwhelming lead in installed computer operating systems, Microsoft CEO Satya Nadella testified that the Apple-Google default search deal has unfairly hurt Bing badly.Microsoft CEO Satya NadellaNadella took to the witness stand o.....»»

Category: appleSource:  appleinsiderRelated NewsOct 2nd, 2023

Hyundai recalls 1.6 million gas-powered cars due to potential car fires

The problem is an ABS module that can leak brake fluid, causing a short, then fire. Enlarge (credit: Getty Images) After making lots of headlines due to the extremely easy-to-steal nature of some of its cheapest models,.....»»

Category: topSource:  arstechnicaRelated NewsOct 2nd, 2023

Hail damages $27 million in inventory at Penske Automotive stores in Texas

The Penske Automotive Group stores hit this week with severe hail — Round Rock Hyundai/Genesis of Round Rock, Round Rock Honda and Round Rock Toyota — are all on the same campus on North Interstate 35, north of Austin......»»

Category: topSource:  autonewsRelated NewsSep 29th, 2023

Boon or burden? Automakers" use of right of first refusal in dealership buy-sells aids some, hinders others

The right of first refusal in dealership buy-sells has helped minority dealers acquire stores, some their first, and is a tool many automakers say can help them manage their franchises. But others say an increased use of the tool can hurt factory-dea.....»»

Category: topSource:  autonewsRelated NewsSep 29th, 2023

China shies away from confrontation with Europe over EV probe

European officials were expecting criticism after announcing a probe into China’s electric-vehicle subsidies. Instead they found President Xi Jinping’s government is ready to talk......»»

Category: topSource:  autonewsRelated NewsSep 27th, 2023

Kia, Hyundai recall more than 3 million vehicles for engine fire risk

Both automakers are urging vehicle owners to park outside and away from structures until repairs are completed......»»

Category: topSource:  autonewsRelated NewsSep 27th, 2023

Now a year older, the Kia EV6 still feels like the future

The Kia EV6 shares the E-GMP platform with EVs from Hyundai and Genesis, but has a distinct character......»»

Category: topSource:  digitaltrendsRelated NewsSep 26th, 2023

MileOne Autogroup sells 7 Virginia dealerships to Atlantic Coast Automotive

The stores trading hands between MileOne Autogroup and Atlantic Coast Automotive Group sell Chrysler, Dodge, Jeep, Ram, Chevrolet, Nissan, Hyundai, Acura and Ford brands and are in the Virginia cities of Chesapeake and Newport News......»»

Category: topSource:  autonewsRelated NewsSep 23rd, 2023