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2016 Hyundai Genesis Coupe gets minor update, price bump

Hyundai is releasing the Genesis Coupe for the 2016 model year with a new six-inch color display in the center stack in place of the previous dot-matrix display. That's it. Oh, except for a price increase. The coupe still packs a 3.8-liter V6 as standard, driving 348 horsepower and 295 pound-feet of torque to the rear wheels through either a six-speed manual or eight-speed automatic transmission. For some buyers, the Genesis Coupe makes for a compelling alternative to the likes of the Nissan 370Z (which only has two seats) and the Infiniti Q60 Coupe (which is significantly more expensive). Now starting at $26,950 (in base form with the manual), the 2016 model comes in $200 more expensive than the 2015 model. The R-Spec starts at $29,900 for 2016 (representing a $400 increase), and the top-of-the-line Ultimate model lists at $33,750 (or $350 more than the outgoing model). 2016 GENESIS COUPE OFFERS ENHANCED STANDARD COLOR DISPLAY WITH POWERTRAIN AND CONTENT TO SATISFY PERFORMANCE COUPE BUYERS Standard 348-Horsepower, 3.8-liter Direct-injected V6 engine FOUNTAIN VALLEY, Calif., November 6, 2015 – Hyundai's popular Genesis Coupe continues to enhance its appeal in the fiercely-competitive sport coupe segment. Genesis Coupe offers a 348-horspower, 3.8-liter direct-injected V6 standard, ensuring its buyer maximum powertrain performance at a very affordable price point. This powertrain ensures Genesis Coupe continues to carry its recognized success as a rear-drive, high-output performance sport coupe for everyday enthusiasts. For 2016, Genesis Coupe adds a new 6-inch color center display to the center stack, replacing the former dot-matrix display. 2016 Genesis Highlights - New, vivid 6-inch color center-stack display replaces dot-matrix display 2016 Genesis Coupe Transmission MSRP 3.8 Base M/T $26,950 3.8 Base A/T w/Shiftronic® $28,150 3.8 R-Spec M/T $29,900 3.8 Ultimate M/T $33,750 3.8 Ultimate A/T w/Shiftronic® $34,950 AGGRESSIVE DESIGN TO MATCH DYNAMIC PERFORMANCE The Genesis Coupe strikes a menacing demeanor, with an aggressively designed front fascia, grille, headlights, LED daytime running lights, fog lights and hood with heat extractor cues. The side view reveals aggressive 18- and 19-inch alloy wheel designs with deep dimensional sculpting. Finally, the rear taillights provide a visual spark via premium LED illumination.

Hyundai Motor heir Euisun Chung takes over from father after 20 years in waiting

SEOUL — Hyundai Motor Group appointed Euisun Chung as group chairman on Wednesday, cementing his succession from his octogenarian father in a move likely to give impetus to the world's fifth-largest automaker's push into electric vehicles and flying cars. In the first generational handover at the South Korean automobile giant in 20 years, Chung, 49, said he hoped to lead change at South Korea's second-biggest conglomerate as it battles to stay ahead of the pack in a time of rapid technological innovation in the global auto industry. "Carrying on their bold and innovative legacies, I feel privileged, yet also a sense of great responsibility for opening a new chapter of Hyundai Motor Group," Chung said in his inauguration speech to employees. Chung identified autonomous driving, electrification, hydrogen fuel cell, robotics and Urban Air Mobility (UAM) — industry jargon for flying cars — as his initiatives for the future. Hyundai Motor shares were trading up 0.3% after rising as much as 2.5% after the appointment, while the wider market was down 0.6%. Kia Motors and Hyundai Mobis fell 1.6% and 1.1%, respectively.   Legacies Hyundai Motor Group earlier on Wednesday said Chung had been promoted to chairman from executive vice chairman, replacing his father, Mong-Koo Chung, who was made honorary chairman. Key affiliates of Hyundai Motor Group, including Hyundai Motor, endorsed his inauguration unanimously. The appointment makes Chung the latest third-generation leader to take over one of South Korea's family-led conglomerates, which have been credited with lifting the war-stricken country out of poverty since the 1950s. His father took the wheel of the group in 2000 and transformed the company, once mocked for poor vehicle quality, into the world's No.5 automaker. The 82-year-old has been stepping back from frontline operations in recent years, and gave up his board seat in Hyundai Motor earlier this year. Euisun Chung has played an increasingly visible leadership role since September 2018 when he was promoted to executive vice chairman. Hyundai Motor Group invested $1.6 billion in a self-driving technology joint venture with U.S. Aptiv, forged a partnership with Uber on electric air taxis and invested in ride-hailing firm Grab. In July, Chung set a goal to win more than 10% of the global market for battery EVs by 2025.

How a Texas Hyundai dealer became the Chevy SSR king

The SSR isn't one of the most appreciated vehicles in Chevy's long history. With a style amalgamating the look of a vintage hotrod, convertible and a pickup, it's really serving a niche market right from the start. However, a Hyundai dealer in Texas has turned selling the cult models into a booming business and has become the de facto king of the quirky truck. According to Automotive News, Paul Peebles runs North Freeway Hyundai in Spring, TX, but he's better known in the Chevy SSR community the premiere seller of the weird model through his used car network. The odd venture started in 2010 when Peebles wanted to boost his pre-owned business and bought several sporty vehicles. Among them were five SSRs, and he threw a cookout for owners to get the word out. Things just ballooned from there. Since then, Peebles' used car dealer has had a hand in 447 SSR transactions, and some of those are the same truck coming back to sell again. With just over 24,000 of them out there, that works about to two percent of the model's production moving through just one business. The dealership also sponsors an SSR owners' forum online. Being a major broker for a niche model also means that Peebles often gets rare examples of the SSR, including some of the Indianapolis 500 pace car versions, according to Automotive News. We even saw a bizarre one last year when the business put this shark-inspired truck on eBay Motors. The whole thing also works out well for Peebles' Hyundai business. Specializing in SSRs brings other performance models in as trade-ins, and they can draw folks to the lot to check out the collection. Then, maybe visitors can take a look at a Sonata, too.