Auto Talk: Hyundai Banks On Veloster And Azera To Keep Momentum Going
Hyundai Motor Co.’s bet on edgier styling to distinguish its vehicles from competitors has paid off with two straight years of record U.S. sales. Hit the jump to read the rest of the story.
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Building on those gains is about to get tougher.
Emboldened by the success of cars such as the Elantra and Sonata that helped lure customers from Toyota Motor Corp. and Honda Motor Co., Hyundai is now gambling on the three-door Veloster and six-cylinder Azera.
The decision to craft a strategy around distinctive design still has the legs to further boost market share well beyond next year, said John Krafcik, chief executive officer of the company’s U.S. unit.
“We have demand in excess of our ability to supply, for almost all of our models right now,” said Krafcik. “With the Veloster and especially with the Azera, you’re really going to see this focus on design pay off.”
Hyundai’s share of U.S. sales has risen 0.5 percentage point in the past year to 5.2 percent in August, according to Autodata Corp.
Toyota has dropped 2.5 percentage points to 12.7 percent, while Honda is down 1.5 percentage point after the Japanese earthquake in March disrupted their supply chains and limited inventory.
Both are returning to full production, with Toyota set to begin sales this month of a revamped Camry sedan, and Honda increasing output of its new Civic compact.
“The rest of the year may not be as earth-shattering as the beginning has been” for Hyundai, said Jessica Caldwell, a senior industry analyst with Edmunds.com in Santa Monica, Calif. Honda and Toyota “will be more aggressive in the final months of the year.”
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Bobby Konders Presents: Massive B Legacy, Vol. 1
Release Date: November 19th, 2018 Bobby Konders Presents: Massive B Legacy – Volume 1 is now available and includes ten features on ten tracks. Burro Banton, Vybez Kartel, Bounty Killa, Sizzla, T.O.K., Elephantman, Richie Spice, Chezidek, Chronicle, and King Kong. You can listen on Apple Music, Spotify, and Tidal.
#MusicStillMatters New Music: A Boogie – Nice For What
A boogie gave fans a snippet of this one via his instagram. Finally after all the request to drop the full version from fans – here it is. Check A Boogie’s version of “Nice For What.” Listen below.
#MusicStillMatters New Music: Dave East – Imagine
Dave East is set to release the 2nd installment of his “Karma” series, next week on July 27. Check out this new one off the tape called “Imagine.” Listen below.
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The G.O.O.D. Music rookie 070 Shake releases a new one called “Accusations.” Listen below.
(Video) Tony James – Sweat Slow
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First it was Nicki Minaj and Quavo who put their touch on the track to mixed reviews. Then Fabolous laid his verse on the hit single. Now, T-Pain decided to give his take on the track. Listen below.
TECH TALK
We Know What YG’s Next Purchase Will Be: This ALL RED Special Edition iPhone!
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Azealia Banks Has Been Banned From Facebook
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SoundCloud Makes A Major Update That MANY People Will Be Happy About!
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MARISA EXPLAINS IT ALL
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(Video) Honey Cocaine Plays A Hilarious Game Of Taboo
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Elijah Blake Gives 7 Tips How NOT To Act Around A Celeb, Plus Talks New EP, His First Big Check & More!
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IFWT Exclusive: Maino Gives Us The REAL Story Of What Happened With The Porn Star!
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