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Home » Archives for January 2011

Hyundai Motor in the II quarter. 2009, increased net profit by 48.5% - up to 650 million dollars

Monday, January 3, 2011 by admin

Net profit of the South Korean automakers Hyundai Motor in the II quarter of 2009 increased by 48,5% - up to 811.9 billion won (650 million), compared with 546.9 billion won (438 million dollars) received for same period a year earlier. This was reported in the published materials of the company today. These figures far exceeded expectations of analysts.

The Company's revenues amounted to 8.08 trillion won (6.46 billion dollars), which is 11.3% lower than in II quarter 2008, fixed at 9.11 trillion won (7.29 billion dollars). Hyundai Motor Operating profit for the reporting quarter amounted to 657.3 billion won (526 million), representing a 0.8% lower than the rate for the II quarter of 2008, amounting to 662.5 billion won (530 million U.S. dollars).

The company connects the growth of net profit for the period with growth of the profitability of their Chinese units and tax breaks, increased sales in South Korea.
Hyundai logo
Hyundai Motor Co. - The sixth largest in the world's automakers.

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In Hyundai talking about the three new "compact car"

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The company Hyundai has decided to update its model range by introducing three new small car within the next 12 months.

RB Concept has already been presented at the motor show in Moscow, and eventually become a new version of Accent. In the showroom car dealer is going to appear in the middle of next year and will be offered with two petrol engines: 1.4 liter. A capacity of 109 hp and 1.6 liters. capable of 122 hp, both will be connected with five-speed manual or automatic Four-speed gearbox.

The next car in the list was the coupe Veloster, which received front-wheel drive and is already a party to the repeated photo shoots in the performance of the paparazzi. Submitted by car should be at the motor show in Detroit, with the launch of sales by the end of next year. Under the hood will Veloster 1.6-liter unit with a capacity of 140 hp
Honda Civic
The third car will be updated Hyundai Elantra, which will be presented to the public at the motor show in Los Angeles. This option should be to break into the market by the end of this year. Under the hood, the updated version will be a new four-cylinder Theta II, volume 2.0 liters.

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Japanese Honda Motor in June 2009. noted 50 years of its active presence in the market in North America

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Ceremonies dedicated to the event, held June 11 - exactly on this day, half a century ago, 11 June 1959 in the small shop in Los Angeles was founded and started the company American Honda Motor Co., Inc. The anniversary was celebrated in the city of Torrens, California, where now the headquarters of American Honda.

"Tens of thousands of buyers in America who chose Honda products in the past and chose her in the present - these are those whom we wish to express our deepest gratitude - for the faith in the quality provided by our company, for commitment to the brand," - said President and Executive Director of American Honda Ivamura Tetsuo (Tetsuo Iwamura). "Now, in the face of new challenges, we affirm our desire to fully meet the expectations of our customers and society as a whole", - he added.
Honda
In 1959, Honda of America, beginning with sales cost Honda 50 motorcycle, and since then has been the initiator and active participant in advancing new technologies to market. For example, in 1974, Honda became the first company that has managed to create a car that matches the U.S. Clean Air Act (US Clean Air Act), and in doing so without the use of a catalyst - it was a car Honda Civic CVCC.

In 1977. Honda Civic car was the first car, led the official U.S. list of most economical cars. Honda was also the first Japanese manufacturer to start production of motorcycles (in 1979). And cars (in 1982). Directly in the United States. It was opened the plant in Merrisville, Ohio.

In 1986. Honda the first Japanese company established a special segment Luxury car brand to the U.S. market - a brand Acura. The first hybrid gas-car, which began mass producing in the United States, was also a brand Honda - Honda Insight in 1999. Finally, in 2002. the first car with a hydrogen engine, which received a government certificate in the United States, also became the car of Honda - Honda FCX.

Now the American Honda employs about 27 thousand people who worked on the design, development, manufacture, sale and maintenance of equipment under brands Honda and Acura, including automobiles, motorcycles, ATV, hydrocycles, power equipment and light aircraft.

A Honda is now operating 10 plants manufacturing cycle in the U.S. and two more under construction. In addition, work on 14 research centers and 12 regional sales and service centers throughout the country. American Honda suppliers network consists of 545 companies in 34 U.S. states.

American Honda in time became the first overseas branch of a Japanese company. She later appeared 11 years after Japan was founded by then a very small motorcycle company Honda. Starting conquer the American market, Honda quickly became the most popular and well-selling brand in America.

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