“Our continued growth depends on two things – activating awareness of the brand, and expanding our range to enable us to access new customers in both existing and emerging markets,” says Adrian Hallmark, global brand director.
The Langdong model will be produced at Beijing Hyundai’s third plant that is in final construction stages. Production should launch in the year’s second half.
Harkening back to the original brand tenet of “one-and-done” models, Scion won't carry over the names of the xB and xD and likely won't replace them with another box and hatchback, the brand’s top executive says.
To prepare the 3.1 million-sq.-ft. facility for the next-generation CUV, the auto maker has invested $600 million to replace nearly all the aging equipment used to build the former body-on-frame Explorer SUV.
R&D is the heart of the supplier’s drive to meet future technology demands by auto makers, executives tell analysts. The company already holds more than 6,000 patents but is investing $1.1 billion into projects at its 15 major technical...
The Korean automotive group currently is supplied with semiconductors from Infineon Technologies, which has facilities in Germany, Japan, Singapore and the U.S.