Argentina’s exports for imports saga continues, with South Korean carmaker Hyundai agreeing to export peanuts, wine, biodiesel and soy flour to offset the US$91 million (€64 million) it added to Argentina’s growing trade deficit in 2010. Partner company / subsidiary Kia has agreed export white goods and plastics for their contribution. The South American nation’s US$6 billion (€4.19 billion) trade deficit has already led to one Porsche distributor agreeing to export wine and olive products, while similar deals have been struck with carmakers Chery, GM, Peugeot-Citroen, Alfa Romeo, Mercedes-Benz, Volkswagen, Fiat and Ford.
Hyundai Motor Europe’s application for membership in the ACEA has been accepted by the General Assembly of the European Automobile Manufacturers Association, and will begin in January 2012. ACEA was established in 1991, is based in Brussels and its members include BMW Group, DAF Trucks, Daimler, FIAT S.p.A., Ford of Europe, General Motors Europe, MAN Truck & Bus, Porsche, PSA Peugeot Citroën, Renault Group, Scania, Toyota Motor Europe, Volkswagen Group, Volvo Cars and Volvo Group.
We are a long way from the 2011 Los Angeles Auto Show and many things may change in the meantime, but for now, the word from the team over at Insideline is that Hyundai will head to California this fall to unveil a new coupe version of its freshly launched Elantra model. The two-door model will offer Hyundai a direct rival to the 2012 Honda Civic Coupe in the U.S. market.
The numbers for U.S. auto sales for the month of May are out and as expected, Japanese automakers continue to be hit hard by the ongoing production disruptions caused by the March 11 earthquake, tsunami and nuclear disaster in their home market. As a result, Toyota’s sales plunged 33.4% over the year-ago month to 108,387 units, while rivaling Honda saw its sales fall 22.5% to 90,773 vehicles, Nissan recorded a 9.1% drop to 76,148 units and Mazda 17,875 vehicles, down 20.9%. General Motors dealers in the United States delivered 221,192 vehicles in May posting a decline of 1%, while the Ford Motor Co. said its sales decreased by 0.1% to 192,253 cars, trucks and SUVs.
South Korean carmaker Hyundai announced it has sold five million vehicles in Europe since the first Hyundai Pony was imported in 1977. The five millionth vehicle was an i30, which was launched in 2007 and has sold a little over 320,000 units on the continent. From the five million sales, the last million was achieved in just three years, a proof of Hyundai's accelerated growth in Europe.
Hyundai has priced its entry into the medium family estate car market, the new i40 Tourer, announcing that it will take from £18,395 (equal to US$30,340 or €21,100) for UK buyers to park one under their house. In comparison, the Ford Mondeo Estate starts from £18,955 for the 1.6i 120HP model, while the Vauxhall Insignia Sports Tourer from £19,350 with the 1.8-liter engine. The estate version of the i40 will arrive in British showrooms this September followed shortly after by the sedan model, which was unveiled at the Barcelona International Motor Show in May.
We had our first motor show look at the facelifted 2012 Hyundai Genesis sedan earlier this winter in Chicago, but now, as it reaches dealers across the country, the South Korean automaker is ready to talk about pricing. In the U.S., buyers can choose from three models, the entry-level 3.8 V6 starting at $34,200, the 4.6 V8 priced at $44,500 and the all-new 5.0 R-Spec with a starting price at $46,500. None of the above prices include an $850 freight charge.
In the realm of U.S. automotive sales, 8% is a magic number. When an automaker hits 8%, they know they’ve become one of the big guns. Ford, Chevrolet, Toyota, Honda, Dodge and Nissan have all made it, and 2011 is expected to be Hyundai’s year. 
So sayeth market research firm Polk, and I’m tempted to agree. Hyundai and its partner-brand / internal rival Kia have steadily been evolving into truly world-class carmakers. They’re keenly priced, inoffensive to look at and comprehensively covered quality-wise – everything the vast majority of new car buyers want in this day and age.
This is Hyundai’s all-new i40 sedan and it was unwrapped today at the 2011 Barcelona Motor Show. It follows the presentation of the i40 station wagon showcased at the 2011 Geneva Salon in March, and it’s Hyundai’s submission in the highly competitive D-segment in Europe with rivals such as the Citroen C5 and the Volkswagen Passat. 
In terms of design, Hyundai’s newcomer may look very similar to the latest Elantra sold in North America and other parts of the world. However, measuring 4.74 meters (186.6-in.) in length, the i40 approximately 380 mm or 15-inches longer than the compact sedan. Europe’s equivalent of the Sonata rides on a wheelbase of 2.77-meters, with Hyundai claiming it offers best-in-class room for front head, shoulder and leg. The Korean carmaker also boasts that the i40 will provide passengers with "the most comfortable ride available in the D-segment".
The Australian market version of Hyundai’s Sonata mid-size sedan, called i45, has received a smaller displacement engine that becomes the new entry point for the range. The 2.0-liter four-cylinder engine delivers a maximum output of 121kW (162HP) at 6,200 rpm and a peak torque of 198Nm at 4,600 rpm, and is mated to either 6-speed manual or 6-speed automatic transmissions.
Just a couple of months after debuting the i40 Station Wagon at the Geneva Salon in March, Hyundai is now getting ready to lift the covers off the sedan version of its mid-size model, which will receive its world premiere at the upcoming 2011 Barcelona Motor Show on May 12th. The South Korean automaker released the first teaser rendering of the i40 Sedan, which will effectively replace the older generation of the Sonata in the European market and compete in the D-segment against the likes of the Opel Insignia, VW Passat, Toyota Avensis and Citroen C5.
