Hyundai Motor Group no No. 3 automaker in sales volume | More fires

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carguy420

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Flagship1 said:
There solution to any problem has been turning on the money printer to poach candidates.
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Chinese and South Korean companies are so similar in this regard, just fork out ridiculously high salaries to poach engineers and designers from western companies, it's like they are saying “we are a bunch of talentless and uncreative dickwads with dog crap tier reputation, and all we really know is printing money”.
 
Ian Schmidt

Ian Schmidt

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carguy420 said:
it's like they are saying “we are a bunch of talentless and uncreative dickwads with dog crap tier reputation, and all we really know is printing money”.
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The good news for the Koreans is that VinFast has arrived to make their cars look like Toyota products in comparison. The bad news is that VinFast seems to be correcting their mistakes pretty rapidly, although I think launching as EV only is going to be their major problem even when they fix everything.
 
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carguy420

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Ian Schmidt said:
The good news for the Koreans is that VinFast has arrived to make their cars look like Toyota products in comparison. The bad news is that VinFast seems to be correcting their mistakes pretty rapidly, although I think launching as EV only is going to be their major problem even when they fix everything.
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How many people outside of Vietnam would even want to buy a Vietnamese car? Even the Vietnamese themselves don't have a particularly positive opinion on VinFast, plus their parent company is basically a tyrant of Vietnam. Oh, and the last time someone in Vietnam criticised VinFast they were arrested and interrogated by the police.
 
Ian Schmidt

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I don't disagree, but people will buy almost anything if the price is low enough. VinFast has no chance of doing that with EVs, but if they changed course and brought over some ICE cars they could do well. Or they could build low-cost rebadges for GM, like Daewoo has for the last 20 years.
 
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Levi

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Ian Schmidt said:
I don't disagree, but people will buy almost anything if the price is low enough. VinFast has no chance of doing that with EVs, but if they changed course and brought over some ICE cars they could do well. Or they could build low-cost rebadges for GM, like Daewoo has for the last 20 years.
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Before doing BEVs, Vinfast sold (?) ICEVs. They were rebranded BMWs. A far cry from Daewoo.
 
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mikeavelli

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Hertz lot was filled with the new EV6, new Sante Fe Palisades etc…I’m not against fleet at all but kinda shocked me. This likely explains the surge in ev6 sales

I spotted a Crown too lol

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carguy420

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So they replaced a bunch of crap pile Teslas with another bunch of EVs from another brand, plus some oversized crossovers with dual clutch transmissions that have Parkinson's. Great, just great 😂.
 
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Flagship1

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Another day another Hyundai scandal.
Loaners being punched as sold sales and then reintroduced into inventory.

did they hire some ex bmw workers, cause thats their old playbook.
 
mikeavelli

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Hyundai accused of faking EV sales numbers in US

STORY: A new lawsuit in the U.S. accuses Hyundai of faking EV sales numbers there. The case was filed in a Chicago federal court late last week by Napleton Aurora Imports and affiliated franchises. They say Hyundai’s U.S. arm pressured dealers to alter inventory records to exaggerate sales...
finance.yahoo.com

It makes sense..
 
Tragic Bronson

Tragic Bronson

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mikeavelli said:

Hyundai accused of faking EV sales numbers in US

STORY: A new lawsuit in the U.S. accuses Hyundai of faking EV sales numbers there. The case was filed in a Chicago federal court late last week by Napleton Aurora Imports and affiliated franchises. They say Hyundai’s U.S. arm pressured dealers to alter inventory records to exaggerate sales...
finance.yahoo.com

It makes sense..
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Napleton isn't clean either...probably one of the worst dealer groups in the nation, and they own four Lexus stores.

Two area Napleton car dealerships named in $10 million lawsuit settlement

The Federal Trade Commission and the State of Illinois are taking action against Napleton, a large, multistate auto dealer group based in Illinois, with several dealerships in Florida. Napleton is accused of sneaking illegal junk fees for unwanted “add-ons” onto customers’ bills and for...
cbs12.com

Former employee sues Elmhurst car dealership, alleging unequal pay and use of racial slurs

A former employee is suing an Elmhurst car dealership over alleged unequal pay and use of racial slurs. The dealership named in the complaint is the same one that, just two years, ago paid out $10 million to settle a lawsuit alleging they charged higher fees for Black customers than white ones.
abc7chicago.com
 
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carguy420

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Just like those random Chinese car manufacturers faking their sales numbers to rope in government incentives and investors' money 🤑.
 
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