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Kia pulls covers off 2015 Sedona with New York as its backdrop

This, ladies and gentlemen, is the 2015 Kia Sedona. The automaker is sticking firm with its convictions in the minivan segment, but it's hedging its bets, saying the Sedona's "CUV-like styling and proportions offer all of the functional convenience of the segment while defying its design limitations."
The 2015 Sedona can be configured to seat either seven or eight occupants, and its size specifications put it right at or near the top of its class in most categories, including leg room. Kia says this is the final piece of the styling puzzle that started when design director Peter Schreyer took the helm of the Korean company's studio. We certainly see some masculine cues, especially with its high belt line and relatively small windows. We think the end result is pretty attractive though it falls clearly in minivan territory, you're welcome to draw your own conclusions after scrolling through the image gallery above.
Kia promises the new Sedona will provide "an element of desire" with "improved driving dynamics" to go along with all that room inside. To that end, the new Sedona's chassis is reportedly 36-percent stiffer than the best of its competition, due to a body shell crafted from 76-percent high-strength steel. Kia expects a five-star safety rating from the National Highway Traffic Safety Administration, though the van has yet to be crash tested.

Kia, Mercedes, Carmax poised to return to NBA after league bans Sterling

NBA Commissioner Adam Silver dispatched some swift justice yesterday on the bigoted owner of the Los Angeles Clippers, Donald Sterling. The 80-year-old billionaire was banned for life and fined $2.5 million for making strongly racist remarks that were recorded on tape. Commissioner Silver has also vowed to try and force Sterling to sell the Clippers in a bid to sever any and all connection between him and the NBA.
Sponsors had rapidly abandoned the Clippers, with covers like the one above going up on sponsor logos during a playoff game against the Golden State Warriors earlier this week, due to the strong and vocal public condemnation of Sterling and his views. With the punishments in place, though, the door has been opened for Kia, the southern California dealer group for Mercedes-Benz and used-car retailer CarMax (among other, less auto-related organizations like State Farm, Red Bull and Sprint) to renew their sponsorship with the team.
"We stand with the Commissioner, the league, the players and the fans condemning Mr. Sterling's views. We look forward to a positive resolution and continuing our relationships within the NBA community, including our league and team sponsorships and our personal ties to [Clippers star] Blake Griffin," Kia said in a statement obtained by Automotive News.

Hyundai, Kia announce buyback plan for angry Korean investors

Hyundai's controversial decision last September to move its Korean headquarters to an expansive (and expensive) new facility was met with a swift backlash by shareholders. After making the biggest land purchase in South Korean history, the company's share price took a nine-point nose dive.
Now, in a bid to get back in the good graces of its stockholders, Hyundai and its subsidiary, Kia, will make a $615-million stock buyback plan. Reuters claims this is the first time in ten years that Hyundai has made a buyback offer with the explicit purpose of pumping up share prices.
The total deal bumped up Hyundai's share prices 5.7 percent while Kia is up two percent, although neither company has fully recovered from the battering that followed the headquarters announcement. It's unclear what else it will take for Hyundai to recover the ground it lost during the land deal.