2008 Hyundai Santa Fe Gls Sport Utility 4-door 2.7l on 2040-cars

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Hyundai reveals CEO's pay for first time ever

Thanks to some government pressure, Hyundai's billionaire chairman, Chung Mong Koo, has revealed just how much he gets paid each year. Honestly, the amount is a bit lower than we'd expect considering he helms such a huge industrial empire. The 76-year-old chairman brought home $13 million in 2013, $5.2 million of which came from Hyundai's automotive business while both Mobis and Hyundai Steel chipped in $3.94 million, each. For reference, Ford CEO Alan Mulally netted $23.2 million in 2013, although the vast majority of that money came from stock options.
The push for Chung to reveal his pay was part of a larger effort by the South Korean government called the Financial Investment Services and Capital Markets Act. The act forces several thousand companies to release info on annual pay, bonuses and severance for employees earning over $5 million won ($469,000), according to Bloomberg.
"With the disclosure of the executives' compensation, the pressure to deliver better profits will increase," said Heo Pil Seok, the CEO of Midas International Asset Management. It seems to be working, as Hyundai shareholders, of which Midas is one, have seen their shares increase by 6.1 percent in 2014, which includes a 1.2-percent jump as of yesterday, according to Bloomberg.

Next Hyundai Genesis caught shooting through the snow... with all-wheel drive?

Hyundai is still working on getting its next-generation Genesis sedan ready for production, and while these spy shots don't reveal much more of the car's new design than what we saw back in December, our spy photographer did manage to catch an important detail being added to the big sedan. In addition to its rumored 10-speed automatic transmission, it looks like the new Genesis could get an all-wheel drive system based on a sticker in the rear window that says "4WD AT." This would make sense, too, as the car was caught testing in snowy and icy Northern Sweden.
Another new element of the car visible in these pictures is our first look at the car with its LED headlights illuminated giving the front end a more upscale and dynamic look. In terms of its overall appearance, the new Genesis is expected to take some design elements from the HCD-14 Genesis Concept that Hyundai revealed last month at the Detroit Auto Show. There is still no official word, though, as to when we may see the new Genesis unveiled.

Hyundai previews Intrado fuel-cell crossover concept

We may still be several months off from the 2014 Geneva Motor Show, but it's apparently not too early for Hyundai to give us a glimpse at what to expect when the Palexpo's doors open in March.
Called Intrado, Hyundai's new concept car takes the form of a high-riding crossover with styling that takes its cues from the Korean automaker's Fluidic Sculpture 2.0 design language. Designed and engineered in Germany, the concept bears the codename HED-9, a giveaway that it's the ninth concept from Hyundai Europe Design. Inspiration is said to have been drawn from aircraft, with a lightweight form and a name borrowed from the underside of an airplane's wing.
Hyundai isn't saying much more, revealing only the teaser rendering above. But it has indicated that the Intrado concept packs a new hydrogen fuel-cell powertrain that's both smaller and lighter than the one powering the existing ix35 Fuel Cell, which (last we heard) Hyundai was hoping to bring Stateside as part of its Tuscon lineup by 2015.