2007 Hyundai Sonata One Owner All Original Clean No Reserve Auction Bid To Win on 2040-cars

Auto blog

Hyundai to recall 27,500 Genesis sedans over brake issue

Following an investigation launched by the National Highway Traffic Safety Administration earlier this week, Hyundai will reportedly recall 27,500 Genesis sedans due to braking problems. Roughly 40,000 Genesis sedans from the 2009 model year were originally under investigation, but this official recall affects vehicles from 2009 to 2012.
A Hyundai spokesperson told The New York Times that brake fluid may cause the brake control unit valves to corrode, which reduces braking power. Affected cars will have their brake fluid replaced, and if necessary, will have the control unit replaced, as well.
The original NHTSA investigation was launched after the government agency received 23 complaints from owners citing reduced braking power and increased pedal travel. One incident reportedly resulted in a crash, while another caused a driver to lose control of the car. NHTSA has not officially announced the recall as of this writing.

Hyundai reveals refreshed Grandeur sedan in South Korea

Never heard of the Hyundai Grandeur? That's alright, because that's just the name the model uses domestically. Over here it's known as the Azera, but it's back in Korea where Hyundai has revealed a revised version of what is currently the company's largest front-drive sedan.
Compared with the previous Grandeur and even the recently redone Azera we know, the new model is marginally longer and benefits from a redesigned bumpers front and rear, a new grille, new LED fog lamps and upgraded equipment. Inside there's a reshaped center stack with upgraded HVAC controls and an eight-inch nav screen, and keeping it all on the straight and narrow are all the latest electronic aids you'd expect of a high-end model from a global automaker.
Whereas the Azera is offered here with a 3.3-liter V6 packing 293 horsepower and 255 pound-feet of torque, back home Grandeur buyers get a choice of the 2.4-liter Theta II four-cylinder with 187 hp and 178 lb-ft or a 2.2-liter diesel with 199 hp and 325 lb-ft.

Insider trading ahead of Hyundai-Kia MPG debacle suspected

Reuters is reporting that large-scale insider trading may be at the heart of some particularly fishy stock-selling behavior, just prior to the original announcement about the Hyundai-Kia fuel economy ratings debacle.
On November 1st, Hyundai-Kia shares traded roughly 2.2 million times (the single highest-volume day of the year), and the stock price fell by about four percent. For reference, a standard daily trading volume for the stock in 2012 saw about 600k shares trading hands. On November 2nd, the company made public the bad news about the dropping fuel economy ratings for many of its models. In other words: No one outside of the company (and only a smallish group inside the company, we'd imagine) should have known anything about the impending bad news as of the first day of November. After the announcement, the stock price tanked, as you'd expect, and trading volume was way down as well.
Experts seem fully aware that the whole thing reeks of leaked information and subsequent insider trading. If chicanery on this sort of scale seems wacky to you, you'd be inline with the experts who report to Reuters that the level of trading is absolutely suspicious.