Around the Net

Hyundai Struggles To Keep Up With Demand

If you have to have a problem in the auto business, too much demand isn't a bad one. Hyundai has it. But even though supply is tight dealers are keeping prices down. Hyundai announced in May that it was hiring 877 workers and adding a third shift at its Alabama plant that manufactures Sonatas and Elantras. Hyundai set an all-time record with 61,099 vehicle sales in August, a 4.2% increase over August of 2011. Still the industry as a whole was up 20%. The brand has seen a huge increase in sales partly because of its designs. Its cars have won critical acclaim for styling and the company has backed up the award-winning designs with high-tech powertrain features and excellent fuel economy.

Read the whole story at Detroit Bureau »

Next story loading loading..