Hyundai Auto Canada reached a settlement with consumers in a class action lawsuit over exaggerated fuel economy numbers among their Hyundai and Kia lineup of vehicles, paying a total of $46.65 million CAD ($41.85 million USD) in the deal, according to just-auto.
As the yen weakened against the dollar for a second consecutive year, Honda, Nissan and Toyota all set production records in their North American plants in 2013, according to Automotive News.
2014 may only be a day old, but it’s already shaping up to be a rough year for Hyundai and Kia as they prepare to increase global sales by just 4 percent this year, the lowest and bleakest forecast for the Korean duo since 2003.
Hyundai Motor America and Kia Motors America have agreed to pay as much as $395 million to settle class action lawsuits filed after the Korean automakers overstated fuel economy ratings on about 900,000 vehicles sold in the U.S. Hyundai’s share will be as much as $210 million while Kia will have to pay up to $185 million, according to statements issued by the companies and reports by Automotive News. The settlements must still undergo court review, expected early next year.
The lawsuits were filed after the companies disclosed in November of 2012 that approximately 600,000 Hyundais and 300,000 Kias from the 2011, 2012 and 2013 model years were sold with EPA fuel economy ratings that weren’t accurate. (Read More…)
Ryan writes:
OK, so the granddaddy of oval car logos must be the Ford blue oval, but they sure do have a lot of imitators. So, how about a Vellum Venom on Comparative Oval Logos in the Automotive Industry? Or if you don’t like this pitch, maybe put Sanjeev on it. I bet he’d do this article. (Read More…)
Following stablemate Hyundai’s move upmarket with the Genesis and Equus sedans, Kia is introducing the K900 to North America. Called the K9 elsewhere, the K900 is based on the same platform as the Hyundai luxury sedans and like them it comes standard with a 311 hp 3.8-liter V6 engine or an optional 420 hp 5.0-liter “Tau” V8. An eight speed automatic transmission is standard, though each engine will get gearboxes with specific gear ratios. The K900 is expected to arrive at Kia’s North American dealers in the first quarter of 2014. (Read More…)
After consumer complaints over quality issues in its home market of Korea and a string of recalls there, in the U.S. and other countries. Hyundai Motor Group’s president for research and development, Kwon Moon-sik and two other executives in charge of engineering and electronics have resigned. The shakeup comes as the automaker prepares some important new vehicle launches.
If you’re into EVs but find the Tesla Model S too expensive, and the Leaf too jelly bean, then Kia would like to offer you something with a bit of soul. An electric Soul, that is.
Phil writes:
Hello Sajeev,
I have a question related to maintenance on a 2011 Kia Optima SX Turbo. It currently has 45k miles, and I have owned it for only 4 months (had 20k when I took ownership of it). As you can see, it is driven a whole lot, almost exclusively on the great interstates of the Southeastern US of A. I average 5-6k per month. I am an outside sales rep. and drive from SC to MS and everywhere in between weekly.
My question is this: (Read More…)
TTAC readers seem to care not a whit for the flashy stuff. The Jaguar F-Type, possibly the most anticipated press car this year among journalists, lifestyle bloggers and other dubiously affiliated members of the media, garnered less than 50 reader comments. Meanwhile, reviews of the Chrysler minivans regularly generate hundreds. In a quest to be of greater service to our readers (and because I know that another Generation Why can scarcely be tolerated), I decided to sample something that is hopefully of genuine interest to you all: a minivan that is not available in the United States. Like the Chevrolet Orlando, the Kia Rondo is available in a number of countries that did not support the Iraq War, among them, Canada. Like the Chevrolet Orlando, it is supposedly “right-sized” for Canada, thanks to a smaller engine, a smaller physical footprint and an available manual transmission (which will be popular in Northen Quebec and nowhere else). And like the Chevrolet Orlando, it’s hard to rationalize buying one of these when you can have a Dodge Caravan for similar money. (Read More…)
Over a month ago, we brought you news on the upcoming arrival of Kia’s rear-driven K900 sometime in early 2014. If you can’t wait to see the car in the flesh, however, the car will make its debut in November during the Los Angeles Auto Show.
Is the world ready for a $70,000 Kia? Just days after the moniker for Kia’s new rear-drive flagship was revealed, Automotive News is reporting that top-trim versions will approach the $70,000 mark.
On Wednesday, Kia confirmed to it’s American dealers that they will be getting a version of the full sized rear wheel drive flagship sedan Kia sells as the K9 in Korea and as the Quoris in other markets. The sedan will be called the K900 in North America and it will be the first RWD sedan that Kia has sold in the U.S.
Many assumed that with the new FR-S hitting the dealers, it would only be a matter of time before the front-wheel-drive tC was sent out to pasture. However with an average buyer age of 28, the tC is isn’t just the youngest Toyota, it’s the youngest car in America. With demographics like that, product planners would be fools to kill off the tC and so the “two coupé strategy” was born. The last time we looked at the tC, the FR-S had yet to be born, this time the tC has been refreshed in the FR-S’ image. Which two door is right for you? Click past the jump, the answer might surprise you.
Kia has big plans for America. The Korean brand that was written off in the 1990s, and is best known for making inexpensive cars with long warranties, isn’t planning an assault on the mass market. Kia has bigger plans: compete head on with Lexus, BMW and Mercedes. Say what? Yep. By 2017 Kia promises they will be ready. Rather than leaping right into the market, Kia is dipping their toes into the murky waters of the near-luxury pool. In many ways the near-luxury segment is a harder place to compete. This segment is full of aspiring brands trying to move up (Buick and Cadillac), brands that are floundering (Acura), brands that are treading water (Volvo and Lexus’s FWD models ), brands trying to expand down (Mercedes with the CLA) and brands that have no idea what their mission is (Lincoln). Into this smorgasbord lands a sedan that managed to be the most exciting car I have driven this year and the most awkwardly named. Now that I have that spoiler out of the way, let’s dive into the Credenza. I mean Cadenza.
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