The electric vehicle maker is closing in on a $100 billion valuation, having overshadowed controversies and product issues with a surprise third-quarter profit and the opening of a factory in China.
Curious about what the first CUV from Genesis will look like undisguised? Hyundai’s luxury brand has finally provided some answers.
Dealers said they left a meeting last fall in Las Vegas loving the new vehicles they saw, but not so much the early outlines of the pay program designed to elevate the brand's distribution network. A positive outcome to the latest dealer drama at Hyundai and Genesis is crucial as they seek to move from challenger brands in the U.S. to top-tier competitors.
The Detroit 3 are expected to slash production in Canada during the course of their new deals with the UAW, giving Unifor less opportunity to protect its members in negotiations this fall.
A group of retailers gathered at Nissan's North American headquarters voiced frustration with slumping residual values and profitability and urged Makoto Uchida to provide faster product updates and greater marketing and incentive support.
