The $360 million settlement between the U.S. Department of Justice and Hyundai and Kia for overstating fuel economy figures was approved Tuesday by the U.S. District Court for the District of Columbia.
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The current Hyundai Veloster will gain some new features for this year, but only in its home market for the time being.
Uber CEO Travis Kalanick has been indicted in South Korea alongside the local branch of the California-based transportation network company for violating the nation’s prohibition on non-licensed livery drivers.
Being an asterisk regarding fuel economy numbers isn’t the only penance Hyundai and Kia must pay: The U.S. Department of Justice, the Environmental Protection Agency and the California Air Resources Board dropped a collective $300 million penalty on the South Korean brands for mistating fuel economy numbers on their respective 2011-2013 lineups.
Though one can already purchase a hybrid from Hyundai — the Sonata Hybrid, to be exact — the South Korean automaker is now planning to follow in the footsteps of Toyota and Honda by building a hybrid that always was from the get-go.
With their portfolio of hybrids and EVs in place in the United States, Hyundai/Kia are now reconsidering their stance on bringing diesel power over to the market.
Right now, 4,000 2015 Nissan Rogues are on their way from South Korea to North America, supplementing production of the crossover in Smyrna, Tenn. as part of an agreement signed between Renault Group, Nissan and Renault Samsung Motors in 2012.
Due to a Gangnam-style real estate deal in the Gangnam district of Seoul, South Korea, workers at Hyundai and Kia have gone on partial strike for the next few days.
Looking for an EV that doesn’t cost Tesla money or resemble a jelly bean? Then Kia might just have what you need with its electrified version of the Soul when it arrives in showrooms later this year.
Forty years ago, the North Koreans and the Swedes entered into an agreement where the latter’s socialist and industrialist interests aimed to bring recognition to the former’s regime while filling its pockets from the country’s mining industry. Part of this agreement included 1,000 Volvo 144 GLs, which were meant to be paid in copper and zinc.
But that was 40 years ago.
Two years after the Obama administration heralded its free trade deal between the United States and South Korea, the latter’s market remains relatively closed to the former’s exports.
With the need to increase supply to meet U.S. demand, Kia is in talks with Mexican officials about building a new factory in the country.
In today’s General Motors digest: The automaker takes it on the chin in its quarterly report; the analysts have their say; GM Korea could allow its workers to build the next Cruze if only they would put down the picket signs; 45 attorney generals are investigating the February 2014 recall; and CEO Mary Barra will be the keynote speaker for a connected-vehicle forum.
Amid stalling wage and production negotiations between GM Korea and its workers, the latter have voted to strike.
Speed cameras are the bane of any driver’s existence, especially if they’re more trouble than they’re worth for the municipality who experiments with them for a contract period of several years. Future Hyundai Genesis owners in Korea, however, may have a new tool at their disposal that should make dealing with the long lens of the law much easier on the wallet.
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