2010 Hyundai Genesis Coupe 2.0t R-spec Coupe 2-door 2.0l on 2040-cars

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Former Lamborghini designer reportedly headed to Hyundai

Luc Donckerwolke (pictured above) only left his position as the Director of Design for Bentley in early June, but he might have already had a new gig lined up as he was walking out the door. Donckerwolke is reportedly teaming up with former Volkswagen Group styling bigwig Peter Schreyer at Hyundai Motor, in a position to eventually take over the look of all of the Korean brands' vehicles. At the moment, this major hire for Hyundai and Kia is still just a rumor, though, and the Korean automaker is playing it close to the vest. Company spokesperson Jim Trainor tells Autoblog, "We do not comment on speculation concerning potential appointments." However, insiders tell Automotive News that the deal is the reason for Donckerwolke walking away from his long career among VW's brands. In Korea, Donckerwolke would hold a position under Schreyer at first, and he would take over Hyundai and Kia's design duties when Schreyer retires, which is expected in about two years. Donckerwolke joined the German automotive giant in 1992 and eventually came to define the modern look of Lamborghini by penning both the Murcielago and Gallardo. In 2011, he became the Head of Advanced Design for VW Group and took over styling duties at Bentley in 2012. Schreyer left a fruitful career at VW Group, including penning the original Audi TT, to join Kia in 2006. He gained the overall design duties for the Hyundai and Kia brands in 2012. Ousted VW Chairman Ferdinand Piech once said that he was regretful of losing the talented stylist. Related Video:

Hyundai Motor plans 17 EVs, $16B investment by 2030

SEOUL — South Korea's Hyundai Motor Co said on Wednesday it planned to invest about 95.5 trillion won ($79.21 billion) through 2030, including about 19.4 trillion won ($16.10 billion) towards electric vehicle (EV) related businesses. It also said it plans to introduce 17 EVs in that timeframe, six from Genesis and 11 from the Hyundai brand. Hyundai announced that three of those EVs would be sedans, along with six SUVs, a light commercial vehicle and one new type of model. It will begin sales of the Ioniq 6 later this year, followed by the Ioniq 7 in 2024. Hyundai Motor, which together with affiliate Kia Corp is among the world's top 10 biggest automakers by sales, targets to achieve a 7% market share in the global EV market by 2030, with an annual sales target of 1.87 million vehicles, the automaker said during a virtual investor day. The Seoul-based automaker said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030. "Hyundai is successfully accelerating its transition to electrification and becoming a global leader in EVs despite a challenging business environment caused by the global chip shortage and ongoing pandemic," Hyundai Motor Chief Executive Officer Jaehoon Chang said. Analysts, however said Hyundai's $16 billion investment in EV business would not be considered an "aggressive" approach compared to its rivals, adding, the investment is easily dwarfed by bigger rivals including Toyota Motor Corp, which plans to invest 8 trillion yen ($69.43 billion) for electrification by 2030. "Hyundai is allocating about 20% of its 95.5 trillion won investment to EV related businesses, which includes building new plants, EV charging stations and strategic alliances with battery manufacturers and the investment amount for EV does not seem too surprising or aggressive," said Eugene Investment & Securities analyst Lee Jae-il. Chang said Hyundai was considering building new dedicated EV production plants without proving details of new factories, including locations and timeline. Analysts said Hyundai would be eying on building dedicated EV factories in the United States, as it considers that as its key EV market. Shares in Hyundai Motor closed down 2.6%, compared to the benchmark KOSPI's 0.2% gain. ($1 = 1,205.2600 won) ($1 = 115.2300 yen) (Reporting by Heekyong Yang and Joyce Lee; Editing by Clarence Fernandez and Rashmi Aich) Related video: This content is hosted by a third party.

2019 Hyundai Nexo fuel-cell debuts in California by year’s end

Hyundai will make its 2019 Nexo hydrogen fuel-cell crossover available in California by end of the year, and while it still hasn't announced pricing, it said the vehicle will be sold at Hyundai dealerships in Van Nuys and Tustin in Southern Cal, with a San Jose dealer coming online in early 2019. Read Autoblog's Quick Spin review of the 2019 Nexo here. The Nexo is the replacement for the Tucson Fuel Cell, which it leased to customers and use to log testing miles in 18 countries. Considered the second generation of Hyundai's fuel cell car, the Nexo boasts an estimated range of 380 miles, 115 more than its predecessor, in the Nexo Blue trim, with an estimated MPGe of 65 miles in the city, 58 on the highway and 61 combined. The Limited model offers a slightly more, uh, limited driving range of 354 miles and an estimated MPGe of 59/54/57. The EPA has yet to publish official fuel-economy ratings. Power and acceleration are also improved to 161 horsepower and 291 pound-feet of torque. Hyundai developed the Nexo on its own dedicated architecture, which it says weighs less (though how much is not known), offers an improved power-to-weight ratio, and delivers a 20 percent faster 0-60 mph sprint time at a not-particularly blistering 9.5 seconds over the Tuscon. Despite the three hydrogen tanks, they take up less total space than the Tucson FCEV, so rear cargo volume is increased by nearly 6 cubic feet to 29.6 cubic feet, with the battery relocated to the trunk. The Nexo is also longer by 10.3 inches and wider by 1.5 inches, with a longer wheelbase, though it's shorter by 1 inch. Overall power increases to 135 kilowatts, with a slightly less energy-dense fuel cell but a battery pack that jumps by 16 kW to 40 kW. The Nexo also gets a host of driver-assist technologies, like forward collision-avoidance assist, high-beam assist and what it calls remote smart parking assist, which enables the car to autonomously park or retrieve itself from either a parking space, including parallel slots and rear-first parking spaces. Related Video: