2012 KIA RIO 5-DOOR US PRICING ANNOUNCED

Unveiled at the 2011 Geneva Motor Show, and 2011 New York International Auto Show, respectively, the all-new 2012 Rio 5-door hatchback now comes to the US market sporting a base price of $13,600 for the manual gearbox model, not including a $750 destination and handling fee that brings the total to $14,350..

2013 HYUNDAI GENESIS COUPE UNDISGUISED!

HYUNDAI NAMED MOST IMPROVED MANUFACTURER IN BRITAIN

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2012 HYUNDAI VELOSTER OFFICIAL PRICING ANNOUNCED (USA)

Wednesday, July 30, 2008

USA: 2009 Hyundai Azera


Hyundai has finally revealed all the official information and images of the refreshed 2009 Azera. Already on sale in many dealerships across the United States, the 2009 Azera brings a host of new exterior, interior, and mechanical changes. Hyundai has also kept the price stagnant, meaning added value for the car.

For 2009, the Azera comes equipped with new features such as redesigned 17-inch hyper-silver alloy wheels, new chrome grille, blue interior lighting, chrome interior accents, dark brown woodgrain accents, saddle (brown) interior option, new audio head unit with larger screen, and standard AUX/USB ports. Electroluminescent cluster display is now standard in the base GLS model. Hyundai has also improved the steering and suspensions to eradicate the wallowy handling of the 2006-08 Azera. The Limited trim can be opted with a LG navigation system.

The Azera is available with two powertrain: a 234 horsepower 3.3L V6 and a 268 horsepower 3.8L V6. Both are mated to a 5-speed SHIFTRONIC automatic transmission. The GLS is priced at $24,600, while the Limited is priced at $28,550.

[Source: Hyundai]

Continue reading to view more images and the official press release.



PRESS RELEASE: 2009 AZERA PACKS MORE PERKS INTO PREMIUM SEDAN SEGMENT

FOUNTAIN VALLEY, Calif.
, Hyundai Azera’s long list of features has been expanded and upgraded once again for the 2009 model year, adding to its outstanding reputation for luxury and value in the premium sedan segment. Updates to the 2009 Azera include improved steering and suspension for better ride and handling on all models, new blue interior lighting, chrome interior accents, more distinctive chrome grille, redesigned alloy wheels and first-ever standard iPod®/USB and auxiliary inputs. Mid-year model changes carried over into the 2009 Azera include an LG in-dash navigation system. This more competitive Azera features no price increase for the GLS or Limited base models.

NEW EQUIPMENT HIGHLIGHTS FOR 2009


· Redesigned 17-inch alloy wheels
· More distinctive chrome grille
· Signature blue interior lighting
· Electroluminescent cluster display standard on GLS
· Chrome interior accents
· Dark brown woodgrain accents
· Ion-plated metalgrain accents
· More contrasting interior trim panels
· Brown interior color choice
· Audio head unit with larger display screen
· Standard iPod®/USB auxiliary inputs
· New exterior color options – Ivory Pearl, Black Onyx Pearl, Mystic Blue Pearl, Crimson Red Pearl, Smoky Gray Pearl, Silver Frost Metallic, Silk Beige Metallic

More and more customers are discovering how well Azera stacks up against the competition. Enhanced design and convenience features, together with comprehensive standard active and passive safety technology packages, make the 2009 Azera a strong competitor to vehicles like the Lexus ES350, Toyota Avalon, Nissan Maxima and Buick Lucerne. Spacious and luxurious, the Azera even features more interior volume than expensive luxury sedans such as the Mercedes Benz E-Class and BMW 7-Series. There’s no question that Azera is one of the smartest premium large-sedan choices available in the American market today.

STRIKING FIRST IMPRESSIONS


Azera’s proportions are elegant, purposeful and aerodynamically efficient, reducing wind noise while adding maximum stability on the highway. Inside, its spacious cabin provides not only roomy comfort, but a luxurious look and attention to detail that makes both driver and passengers alike feel that they are riding in a much more expensive sedan.

SAFETY FEATURES

Maintaining Hyundai’s emphasis on class-leading safety technology, the 2009 Azera boasts impressive active and passive safety features to protect its occupants in the event of a collision, earning the vehicle the Insurance Institute for Highway Safety’s (IIHS) top crash test ratings for frontal offset impacts. The Azera continues to set standards by making key life-saving active safety technology standard, such as Electronic Stability Control (ESC) with a Traction Control System (TCS).

Also standard are independent double-wishbone front- and multi-link rear suspension, large four-wheel disc brakes and an Antilock Braking System (ABS) that includes Brake Assist, which provides maximum braking force when a panic stop is detected, and Electronic Brakeforce Distribution (EBD), which automatically adjusts the amount of force applied to each of a vehicle’s brakes for optimal performance under poor road conditions, speeding, loading and other potentially hazardous situations.

Additionally, Azera offers impressive passive safety features including eight standard airbags, active front head restraints to help prevent whiplash, a Lower Anchors and Tethers for Children (LATCH) system for children’s seats and three-point seatbelts for all positions while shingle-style rear-seat head restraints provide drivers with improved visibility. Security is further advanced with an anti-theft engine immobilizer and remote keyless entry with alarm.

ACCOMMODATING INTERIOR

The 2009 Azera offers luxurious appointments and spaciousness that rivals the finest premium competitor brands. It offers a roomy cabin, with nearly 44 inches of legroom up front and more than 38 inches of legroom for rear-seat passengers. Hyundai engineers have created efficient packaging to maximize interior volume, with the 2009 Azera offering more interior volume (123.5 cu.-ft.) than the Toyota Avalon, Mercedes Benz E-Class sedans and the BMW 7-Series.

Special attention has been paid to other interior details, such as the enhanced electroluminescent cluster display and steering wheel audio control functions. The new blue backlighting for interior gauges, switches and buttons along with ion-plated accents highlight the vehicle’s modern appearance. Other unexpected luxury appointments include rain-sensing wipers, power adjustable foot pedals and power folding side mirrors with turn signal indicators on the Limited version.

The Azera comes standard with dual front automatic climate controls, electrochromic auto-dimming mirror with HomeLink®, power seats for driver and front passenger, as well as woodgrain and new metalgrain interior accents. More contrast has also been added to the interior trim panels, and for the first time ever, a brown interior color choice is available.

An AM/FM/XM/CD/MP3 audio system that includes a four-channel, 172-watt internal amplifier and six speakers comes standard in the Azera GLS. Audiophiles with even more demanding tastes will be impressed by the available Infinity audio system that includes a seven-channel, 315-watt amplifier with an in-dash six-disc CD changer and 10 speakers, standard in Limited trim levels.

Music lovers will also welcome the 2009 Azera’s inclusion of standard auxiliary input jacks (3.5 mm mini-jack and USB input) to accommodate and charge audio devices such as iPods®. When an iPod or flash drive is connected through the USB port, which is located in the center storage compartment, not only does it play music through the vehicle’s speakers, but it also charges the iPod and allows the driver to access tracks with the steering wheel audio controls. This system also allows both driver and passengers to easily view song/artist/title information and control the music from the audio head unit rather than just the iPod itself.

LG NAVIGATION


LG, the South Korean-based international manufacturer of consumer electronics has developed an exclusive navigation system for the Hyundai Azera, Santa Fe and Veracruz models. Using touch screen functions, the navigation system comes equipped with a premium 605-watt Infinity Logic 7® surround sound system with 12 speakers, 11-channel digital amplifier and AM/FM/XM Satellite Radio/CD/MP3 reception capability which replaces the six-disc CD changer and auxiliary input jacks. It also includes mapping software for the continental United States and has available POI’s (Points of Interest) for entertainment, shopping and dining. Route guidance is provided by audio and visual prompts.

POWER AND PERFORMANCE


The Azera GLS is equipped with a 3.3-liter, DOHC V6 engine that produces 234-horsepower and 226 lbs.-ft. of torque. As the first member of Hyundai's “Lambda” engine family, this engine has all-aluminum construction, four valves per cylinder and Continuously Variable Valve Timing (CVVT), all for a broad power spread. It also features a Variable Intake System (VIS) that further broadens its power curve to improve the vehicle’s off-the-line acceleration and passing performance. EPA fuel economy estimates for the Azera GLS are 18 mpg city / 26 mpg highway.

The Azera Limited delivers a powerful performance, due to its clean and efficient all-aluminum 3.8-liter, DOHC V6 engine, which delivers 263-horsepower and 257 lbs.-ft. of torque. To maximize the power spread, this engine also uses CVVT and a Variable Intake System (VIS) to help cylinders breathe efficiently at both low and high rpms. The Azera offers more standard horsepower than the Buick LaCrosse and even the BMW 528i, yet still remains environmentally friendly with an Ultra Low Emission Vehicle (ULEV) certification rating. EPA mileage figures for the Azera Limited are 17 mpg city / 26 mpg highway.

Both V6 engines are matched with Hyundai’s five-speed automatic transmission with SHIFTRONIC® manual control. This transmission offers smooth shifts and a wide ratio spread that ideally suits the engine’s characteristics.

COMFORTABLE AND CONTROLLED SUSPENSION


Hyundai engineers benchmarked the best cars in the category before designing the Azera’s double-wishbone front and multi-link rear four-wheel independent suspension system. By using high-tensile steel in critical unibody areas, the Azera features increased stiffness and rigidity, which ensures formidable resistance to flexing, enhanced ride and handling tuning, while at the same time lowering interior noise levels. Attached to the Azera’s rigid structure is improved suspension and steering hardware to keep the vehicle even flatter through turns and more compliant over bumps. The enhanced suspension features four revalved twin-tube, gas-charged dampers, softer bushings and a quicker steering rack. The Azera also has front and rear stabilizer bars and rides on 17-inch wheels and 235/55VR17 tires.

TWO ENHANCED, WELL-EQUIPPED MODELS


From the well-equipped GLS, to the downright luxurious Limited, the 2009 Azera lineup addresses the needs and desires of premium sedan customers with a highly competitive mix of features and benefits. Each model delivers a level of standard equipment that is a cut above competing models.

AZERA GLS

The GLS now includes a more impressive range of standard features that give it a competitive edge, including a powerful and efficient 3.3-liter, DOHC V6 engine with 234-horsepower, a smooth-shifting, five-speed automatic transmission with SHIFTRONIC manual control, standard ESC with TCS, eight airbags, active front head restraints, electroluminescent gauge cluster and a six-speaker AM/FM/XM/CD audio system with iPod®/USB and auxiliary inputs. The vehicle achieves 18 mpg city/26 mpg highway fuel economy ratings.

Further enhancing the GLS’s first-class appearance are new 17-inch, 10-spoke alloy wheels and 235/55VR17 tires. Upscale features include LED tail and brake lights, auto-dimming inside rearview mirror with HomeLink®, power seats for both driver and front passenger, dual front automatic climate controls and automatic headlight control.

AZERA GLS with PREMIUM PACKAGE

The Azera with Premium Package adds leather seating surfaces, heated front seats and a power sunroof to an already-loaded standard equipment package.

AZERA LIMITED

A truly impressive array of standard features and amenities define the prestigious Azera Limited. Additional standard features on the Limited include leather-trimmed seating, heated front seats, power glass sunroof with tilt and slide, power folding side mirrors with turn signal indicators, power rear sunshade and a powerful 315-watt Infinity AM/FM/XM/MP3 audio system with an in-dash six-disc CD changer. The Limited now adds new hyper silver alloy wheels and iPod® /USB and auxiliary inputs.

AZERA LIMITED with ULTIMATE PACKAGE

The Ultimate Package defines Hyundai’s flagship Azera, offering a 605-watt Infinity Logic 7® Surround Sound AM/FM/XM/MP3 audio system with an in-dash six-disc CD changer, 12 speakers (including subwoofer and external amplifier), and iPod®/USB and auxiliary inputs. The Ultimate Package also offers, power adjustable tilt and telescopic steering wheel, power adjustable pedals, integrated memory system (power driver seat, exterior mirrors, and power tilt and telescopic steering wheel), woodgrain steering wheel and door pulls, and rain-sensing wipers.

AZERA LIMITED with ULTIMATE NAVIGATION PACKAGE

The Ultimate Navigation Package includes all of the Ultimate Package items plus the LG navigation system, which replaces the six-disc CD changer and auxiliary input jacks.

WARRANTY


The Azera, like all 2009 models, is protected by the Hyundai Advantage, America's Best Warranty. Coverage includes five-year/60,000-mile bumper-to-bumper protection, 10-year/100,000-mile limited powertrain warranty, five-year/unlimited mileage roadside assistance and seven-year/unlimited mileage anti-perforation coverage. In addition, Azera buyers receive 24-hour roadside assistance coverage at no extra charge for five years (no mileage limit), a service that includes emergency towing, lockout service and limited coverage for trip-interruption expenses. There is no deductible on any of this coverage.

HYUNDAI MOTOR AMERICA


Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Company of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced by almost 800 Hyundai dealerships nationwide.

Sunday, July 27, 2008

Hyundai cutting production of Santa Fe


Hyundai will reduce production output of its US-made Santa Fe, as the automaker reported a 10.6 percent drop in net profit in the second quarter. Manufactured in Hyundai's Montgomery, Alabama plant, the Santa Fe has seen decreased sales due to escalating fuel prices. Hyundai told the Wall Street Journal that it will cut the Santa Fe production by 40,000 units.

Hyundai has already cut production of the Santa Fe over the last several months, and increased the output of the Sonata sedan. Thus, Hyundai will not be forced to cut workers or shifts due to the switch.

[Source: Birmingham Business Journal]


Thursday, July 24, 2008

Slovakia: Kia produces 108K cars in first-half of 2008

Kia Cee'd SW
Kia Motors announced that it has produced 108,000 units in its Zilina, Slovakia plant in the first-half of 2008. The company stated that its average production rate was 850 cars, with its best monthly numbers in April with 19,300 units. The plant primarily produces the compact Cee'd range, which accounts for 83.2 percent of the cumulative production.

The plant produced the Cee'd SW the most in the time period, taking up 35.84 percent of the production. It was followed by the Cee'd hatchback (30.74 percent), Sportage (16.76 percent), and pro_cee'd (16.66 percent). The 1.6L diesel was the most demanding powertrain, accounting for 41.8 percent of the production.

Kia plans to produce 220,000 cars in the plant by the end of 2008. The automaker plans to add the eco_cee'd into production in the near future.

[Source: tasr]


Hyundai Q2 net profit slips as sales rise

Hyundai Verna
Hyundai Motor stated today that its second-quarter net profit has slipped nearly 11%, while its sales rose. The company earned 546.93 billion Won ($542.1 million) during the period, a 10.6% decline compared to the same period last year. On the other hand, sales rose 12.8% from 8.08 trillion Won to 9.12 trillion Won ($9.03 billion). The automaker did not report the reason for the profit decline.

Hyundai stated that its first-half net profit increased 2.2% to 939.6 billion Won ($931.6 million), while sales during the six months ascended 17% to 17.3 trillion Won ($17.2 billion). The brand has sold nearly 1.5 million units in the first half, which is a 15% gain from the same period last year. "Higher oil prices and strong demand from emerging markets are boosting sales of small- and medium-sized sedans worldwide," Hyundai stated. Hyundai vowed to export its fuel-efficient compact cars aggressively throughout the second-half.

[Source: The Associated Press]


Wednesday, July 23, 2008

Hyundai Avante/Elantra worldwide sales surpass 5 million

Hyundai Elantra
Hyundai has surpassed the 5 million sales milestone for the second time with the Avante/Elantra today. The automaker achieved the milestone for the first time with the Accent/Verna in 2001. The Elantra exceeded the 4 million mark in March 2006.

Introduced in 1990 as the Elantra, the first-generation model scored 948,348 units cumulatively. The second-generation was introduced in 1995 as the Avante/Elantra and 1.2 million units of it were sold. Introduced in 2000, the third-generation Avante XD/Elantra exceeded 2.2 million units throughout its sales course. Lastly, Hyundai has sold 593,915 units to date of the fourth-generation Avante/Elantra, introduced in 2006. To date, 3 million units sold were exports overseas.

[Source: Chosun]


Tuesday, July 22, 2008

Kia Soul & Forte on the streets

TITLE OF IMAGE
Here's yet another series of photos of the long-anticipated Kia Soul on the streets. The culprit in the spotlight is a Vanilla White model that looks to be the range-topping one, as indicated by the attractive 18-inch alloys, roof racks, and chrome door handles. I'm not sure if these are candid photos, judging by the high quality of the photos and great angles.

The Soul is slated to go on sale in South Korea in September, making its show unveiling later in the Paris International Motor Show in October. Kia plans to produce 120,000 units of the Soul per year. It will arrive in American showrooms next April.

UPDATE: New images added with Forte shots. It turns out these are not amateur spy photos, but images for an editorial article in Chosun and AVING Network.

[Source: CAReview.co.kr]


Europe: Hyundai launches emission-cutting i-Blue moniker

Hyundai i30 i-Blue
Debuted at the British Motor Show, Hyundai has launched a new range of low-emission vehicles under a new i-Blue marque. The first i-Blue model will be the i30 hatchback, powered by a 1.6L CRDi diesel engine. This model achieves 6g/km less emissions from the standard model. This was done merely by a change of gear ratios. In the UK, the i30 i-Blue will start at 13,155 (US$26,275) pounds. The drop in emissions lowers the country's annual registration fees (judged by emission levels) from 120 (US$240) pounds to 35 (US$70) pounds.

Hyundai will also tack on the i-Blue badge on every i10 with the new 1.2L Kappa engine (releasing this September) and manual transmission. This is due to the fact that the particular trim falls under the 120g/km emissions rating, qualifying it for discounts.

The automaker stated the future i-Blue vehicles will incorporate stop-and-go, hybrid powertrains, and hydrogen fuel-cell technology. Hyundai did not release details on the i-Blue's possible arrival into the US.

[Source: Motor Trend]

Continue reading to view one more image of the i30 i-Blue.


Saturday, July 19, 2008

Spied: Kia Soul rear-end exposed

Kia Soul
I bring you the first spy shots of the production Kia Soul on the streets, sans disguise. One image is also the first to bear the whole rear fascia of the compact car. This particular mule is an attractive chocolate brown color that screams luxury. The Soul is set to be unveiled for the first time this September, while making its foreign debut in the Paris International Motor Show.

Continue reading for one more image.


Kia Soul

Friday, July 18, 2008

Australia: Holden releases facelifted 2009 Epica

Holden Epica
GM's Australia division, Holden, unveiled the facelifted Epica mid-size sedan today. A rebadged version of the GM Daewoo Tosca, the revised Epica features minor exterior changes and introduces a new diesel model for the first time.

Holden refreshes the outside of the Epica with a revised grille, rear fascia, standard Aero kit, and new set of wheels. The equipment list is also rehashed with standard electronic stability control (ESC). Upping the ante, the CDXi features rear parking assist, heated front seats, and leather-trimmed interior.

For 2009, Holden adds a diesel variant of the Epica. Replacing the 2.0L petrol V6, the 2.0L 4-cylinder Variable turbine geometry (VTG) diesel generates 110 kW (148 horsepower) and 320Nm of torque. The 115 kW (154 horsepower) 2.5L petrol inline-6 remains. The new diesel boasts a mileage rating of 7.6L/100km (31 MPG). All models are now equipped with the 6T40 Active Select 6-speed automatic transmission, replacing the previous 5-speed manual and Aisin 5-speed automatic transmissions.

The new Holden Epica is available now. The entry-level petrol CDX model is priced at AUD$27,990. The petrol CDXi model stickers at AUD$30,990. Diesel adds AUD$2,000 to both models. The Epica is produced in GMDAT's Bupyeong plant in South Korea.

[Source: Car Central]

Continue reading to view more images.


Korea: GM Daewoo's Bupyeong plant idled for cut-off tire supply


GM Daewoo Auto & Technology Co. has announced that its main operations at the Bupyeong plant in South Korea have halted due to its tiremakers cutting off supplies for higher prices. "Domestic tire suppliers today stopped supplying tires to call for higher tire prices and the Bupyeong plant has been sitting idly since 1 p.m. (0400 GMT)," GM Daewoo spokesman Kim Sung-Soo told Dow Jones Newswires.

GM Daewoo has filed for a preliminary injunction with the Seoul District Court to end the hiatus. Both Hankook Tire and Kumho Tire are demanding 12% price increases due to higher costs for raw materials. They do not plan on cutting off supplies in GM Daewoo's other two plants in Gunsan and Changwon. The two corporations already increased prices by 5.5% last March. The Bupyeong plant produces the majority of GM Daewoo cars and rebadged worldwide models such as the Chevrolet Aveo and Chevrolet Captiva.

[Source: CNN Money]


Thursday, July 17, 2008

Romania: Kia cee'd represents 90% of brand sales

TITLE OF IMAGE
The Kia cee'd immediately became the best selling C-segment car in Romania when it launched last year. Soon after, the cee'd took the Car of the Year title in the country.

Since the car's launch in April 2007, 2350 units of the compact car were sold in 2007. In the first five months of 2008, Kia has sold over 3000 units of the cee'd. Thus, the cee'd represented nearly 90% of the brand's sales in the country for that time period. In comparison to the first five months of 2007, sales have jumped over 50%.

Thanks to the cee'd's strong sales, Kia has also slotted into the top ten automakers list of Romania for the first time since the brand's inaugural launch. The cee'd is manufactured in Kia's Zilina plant in Slovakia.

[Source: Money Channel]


Wednesday, July 16, 2008

Spied: Mystery wagon/crossover

Mystery Car
Clueless? So am I. Here's a spy shot of an unknown station wagon or crossover car that was caught in South Korea.

The location alone says that it is probably a Korean car, as foreign manufacturers rarely test future cars in the country. In comparison to the Hyundai Sonata parked beside it, the car looks to be fairly large. The length of the car also implies that it might be a 7-seater like the Subaru Exiga. The grille is not alike any corporate grilles from Korean makers. The oval badge is reminiscent of Hyundai or Kia's. The mule also sports Mercedes-Benz AMG styled wheels.

Other than the information above, I am about as confounded as you. Have any insight on what this might be? Post a comment after the jump.



Spied: Kia VG

Kia VG
Hot on the heels of our future product plan post, I bring you the first spy shots of the Kia VG. Due to arrive in Korean showrooms in August 2009, the VG will be the automaker's first in-house designed intermediate sedan.

Closely related to the Hyundai Azera in terms of class, the VG will be front-wheel drive. The VG will be powered by either a 3.3L Lambda V6 or a more powerful 3.8L Lambda V6. This is yet another model penned by Peter Schreyer, who has already received acclaims for the Forte and Soul.

The VG is expected to roll into U.S. showrooms in the fourth quarter of 2009. More details will be posted soon.

Continue reading to view more shots.


Kia VGKia VG

Tuesday, July 15, 2008

UPDATE: Kia releases Soul powertrain details and a new image (more images)

Kia Soul
Kia announced today that the Soul will be available in three powertrains: two gasolines and one turbodiesel. The automaker also released a new photo of the compact car. The Soul's launch date has been set to April 2009.

The Soul will be available with a 124 horsepower 1.6L petrol, a more powerful 2.0L petrol, or a 128 horsepower 1.6L diesel with variable geometry turbocharger. They can be mated to either a manual transmission or automatic transmission. This is similar to the engine offerings of the Forte. Kia did not specify which ones were going to arrive in North America. The Soul is underpinned by a modified Rio platform.

The Soul will make its official debut at the Paris International Motor Show this October.

UPDATE: Kia will reveal all the official information and images of the Soul on July 16th. Stay tuned. New images are added after the jump.

[Source: Autoweek]


India: Hyundai releases new i10 with Kappa engine

Hyundai i10
Hyundai Motor India Ltd. has released the long-awaited i10 with the automaker's new Kappa 1.2L engine. The engine is the result of $421 million in research and development, and $250 million in building the new plant in Sriperumbudur, India. Hyundai stated in its press conference that the Kappa engine will first make it in the i10.

H.S. Lheem, Managing Director of Hyundai Motor India, stated that the Kappa-powered model will be sold alongside the Epsilon 1.1L variant. The Kappa-powered model will be available with automatic transmission. The company has sold 185,000 units of the i10 since its launch eight months before, with 75,000 being in India. The new production facility would raise Hyundai's engine production in India from 320,000 units to 570,000 units.

Lheem also stated that the i20, the replacement of the Click/Getz/TB, will debut by the end of this year.

[Source: The Hindu]


Monday, July 14, 2008

USA: Hyundai offers 2009 Genesis lease promotion

Hyundai Genesis
Hyundai will launch an aggressive lease promotion on the 2009 Genesis V6 today. For a limited time, the base V6 model with a MSRP of $32,250 can be leased for $399/month with $2,199 due at signing for 24 months. While only 10-12% of traditional Hyundai customers opt for the leasing, Hyundai estimates that 50% of Genesis buyers will lease the car.

Hyundai speculates that 80% of Genesis sales will be the V6 variant, and this lease program is the icing on top of a very delectable cake. This special promotion will expire next month, meaning that the V8 variant (pictured) does not apply for this promotion. The V8 is set to roll into showrooms September. The Genesis V6 packs a 290 horsepower 3.8L Lambda V6. The more potent V8 model is powered by a 375 horsepower 4.6L Tau V8. It starts at $37,250. The Genesis V6 is currently on sale.

[Source: Autoblog]


Hyundai to show green technology at Goodwood Festival of Speed

Hyundai QarmaQ Concept
Hyundai has entered the Goodwood Festival of Speed for the first time in its history. The automaker showcased its QarmaQ Concept and other green technologies from July 11th to the 13th at the Green Technology of Tomorrow pavillion.

"The QarmaQ develops and validates over 30 key technologies, which will be selectively incorporated into future Hyundai production models," stated Hyundai. Hyundai boasts that the QarmaQ concept sips less than 200L of gas per year.

[Source: YesInsurance.co.uk]


India: Hyundai to launch LPG variants of Santro, Accent


Hyundai Motor India spoke with Business Line regarding its plans to launch LPG (liquified petroleum) variants of the Santro and Accent compacts in the future. Managing Director of Hyundai Motor India Ltd., H S Lheem, stated that they are going to be launched in October. The automaker has already released CNG (clean natural gas) variants of the two cars.

The CNG and LPG kits source directly from two Korean companies, CEV and Motonic, that also supply LPG kits for all of South Korea's taxis. "Since they use highly developed technology in LPG and CNG kits, we have invited them to set up plants in India," Lheem said. Motonic plans to build a plant near Sriperumbudur, and CEV is also planning to build a manufacturing facility in Delhi.

Hyundai plans to launch a new series of engines named Kappa next week, mainly for the i10. The automaker is also reconsidering its plan to release the i30 hatchback as a replacement of the Elantra. The Santa Fe will also be launched in India early 2009.

[Source: Sify Business]


(UPDATED) Spied: Kia Forte hits the streets

Kia ForteWe were informed by a Kia official yesterday that the camouflauge will be coming off for the Forte prototypes sometime this week. It looks like they have begun because amateur shots of the Forte undisguised are hitting the web already. The Forte is slated to roll into Korean showrooms on August 21st, with a North American launch sometime in 2009.

We will post all the latest amateur shots of the Forte snapped on the streets here. You can bookmark this post for convenience. Exclusive images of the interior will be posted separately soon.
UPDATE: New images added daily.



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