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Hyundai eyes 5 pct of European market by 2015 - paper and 10 car questions for 2012
News - Financial News
FRANKFURT Dec 28 (Reuters) - Hyundai Motor aims to boost its market share in Europe to 5 percent by 2015 from 3 percent now, the South Korean carmaker's deputy European chief Allan Rushforth told a German newspaper. "For next year, we have resolved to increase our market share in Europe to 3.5 percent," Rushforth told Handelsblatt, according to an excerpt of an article to be published on Thursday. He also said the company no longer planned to sell its Equus luxury sedan in Europe where it will concentrate on selling compact and medium-sized cars. (Reporting by Maria Sheahan; Editing by Dan Lalor) Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. [Read the full article]

FORTUNE -- Every year brings new uncertainties to the car business, and 2012 will be no different. The devil will be in the details. With the U.S. economy expanding, pent-up demand growing, and the Detroit Three earning, the survival of the industry is not in question so much as is its composition. Will buyers be looking for big trucks or small cars, import brands or domestics, gasoline-power or electricity? Here are ten questions -- along with some possible answers -- that will churn the auto world in 2012: Domestic market share was stable in 2012 with General Motors (GM, Fortune 500) and Chrysler gaining a bit and Ford (F, Fortune 500) losing a smidgen, but the good news may be only temporary. Detroit benefited from an unusually bad year for the Japanese, with both Toyota and Honda losing sales in a rising market. But other imports keep getting stronger. Hyundai and Kia are now the sixth and seventh most popular U.S. brands, while Lexus outsells Buick, Cadillac, and Lincoln. [Read the full article]

Go to PDF Version | Go to Recent Issues To save time in the future, you may select one of the preferences below. You may update your eIBD preferences at any time by going into My IBD and selecting Update Your eIBD Preferences. Set Web-Based Version as Default Set PDF Version as Default Set Recent Issues as Default Henry Ford didn't invent the car, but like Thomas Edison and Steve Jobs he changed the world by introducing a product to a mass market. Henry Ford with one of the new Model T's that rolled out of his car plant in Detroit in the early 1900s. AFP/Getty Images View Enlarged Image Undaunted, Ford in 1907 announced that the company's goal would be to produce "a motorcar for the great multitude." Many of his competitors and investors thought he was crazy. "In the early 20th century, this was a very innovative concept," Don Keefe of the Society of Automotive Historians told IBD. [Read the full article]

By John Rosevear | More Articles December 28, 2011 | Comments (2) The single, easiest way to keep track of all the stocks that matter... Your own personalized stock watchlist! It's a 100% FREE Motley Fool service... Shares of General Motors (NYSE: GM  ) had a rough time in 2011. Through last Friday, the General's shares were down about 45% on the year, far behind GM's onetime blue-chip peers in the Dow Jones Industrial Average (INDEX: ^DJI  ) -- which, in turn, is up only about 6% on the year so far. That drop is striking because in many ways, GM is healthier and more profitable than it has been in decades. But while there's a lot to like about the General's current course, executives from CEO Dan Akerson on down have made it clear: Much remains to be done. GM's biggest goal for 2012 -- and beyondThere's no doubt that every manager at GM has a long to-do list, but it's fair to say that most of those tasks boil down to this: improving margins. [Read the full article]
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