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GM is Out...But Hyundai Might be the Next Chrysler Suitor

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Last week it was reported that GM had suspended all talks with Chrysler about an apparent merger after the U.S. treasury denied GM's request for aid to buy Chrysler. Now it're being reported that Hyundai may be interested.

According to Reuters, Hyundai and Chrysler's owners, Cerberus Capital Management, have been in talks about Hyundai acquiring the Jeep brand. Both automakers have not released an official statement about the discussions.



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Hyundai Hybrid Technology News

2009 Hyundai Sonata
2009 Hyundai Sonata

In comparison to both American and Asian automakers, Hyundai is getting a late start in developing hybrid and electric vehicles.  However, the Korean automaker has promised to put a hybrid subcompact, a hybrid mid-size and a plug-in competitor to the Chevrolet Volt on the road within five years.  As a whole Korean automakers are spending approximately $1 billion on the battery technology needed to power such vehicles and the government has contributed another $40 million.  The historically inexpensive car manufacturer’s entry into these types of automobiles is another good sign for those with the will, but not necessarilly the cash, to buy electric vehicles.

Hyundai has announced that the new lithium-ion battery Sonata hybrid will make its debut at the Los Angeles International Auto Show in November and could be on the road by 2010.  Producing the first lithium-ion hybrid would be a major acheivement for Hyundai and Korean battery manufacturer LG.  Nissan, is also developing lithium-ion batteries and likewise hopes to be the first to introduced a hybrid with tis new technology.  Indications are also being made by Hyundai Execs. that the new Sonata hybrid will be made in America.  By 2013 the company hopes to put a plug-in hybrid on the road.

Hyundai Veloster Concept
Hyundai Veloster Concept

In other Hyundai news, the rear-wheel-drive Genesis will be joined in 2010 by a two-door coupe named…..the Genesis Coupe.  How original.  It will at least temporarily replace the current front-wheel-drive Tiburon coupe and be powered by either a V-6 or turbocharged 4 cylinder engine but only in America.  Europeans will have a different coupe, the Veloster.  Hyundai is undecided if the company needs two coupes instead of one, and will only bring the Veloster to the U.S. if the Genesis coupe flops. 

U.S. bound?
Hyundai i10: U.S. bound?

Still up in the air are decisions related to the i10, (which is sold in Europe and Asia), a compact hatchback and potential competitor to the Smart ForTwo, although with enough room for a second row of seating. Since it doesn’t currently meet U.S. safety or emissions standards, the i10 would need to reengineered in those areas to be sold in North America.



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Hyundai hints to the future with Concept Genesis Coupe Renderings

Hyundai looks to send out teasers of hope with their high gloss rendering of the Genesis Coupe Concept. It is being said that Hyundai will be ready to unveil their new rear-wheel drive coupe at the LA Auto Show in a couple weeks, and if the rendering is an indication of the direction Hyundai is taking then there could be some genuine interest there. The Genesis Coupe is reported to be powered by a 3.6L V6 even though some would like to see a V8 squeezed in between the front fenders. Either way if the performance is right a missing cylinder or two could be easily forgiven. If they are aiming to compete with the Infiniti G37 then they will certainly need more than a coupe posture and a sloped hood. Does the rendering of the Hyundai Genesis Coupe Concept leave you wanting more or have you already seen enough?

Source [AutoBlog]



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Is This What Hyundai's New G37 Wannabe RWD Coupe is Going to Look Like?

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We've seen several spy photos of Hyundai's new RWD Tiburon coupe in the past few months. Now we have an "official" photo rendering of the new coupe. The rendering looks very close to test mules that have been spotted, but it gives us a glimpse of what the front end may look like.



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