2012 Kia Forte Lx on 2040-cars

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Hyundai Motor's two R&D vice chairmen reportedly resigning

SEOUL — Hyundai Motor Group's two vice chairmen in charge of research and development have offered to resign, three people familiar with the matter told Reuters on Tuesday. R&D president Albert Biermann is likely to be named the new head of the division, two of the sources added, declining to be named as they are not authorized to speak to media. Hyundai is battling a plunge in sales, profits and its share price, and the reshuffle would be the latest since Hyundai promoted Euisun Chung in September to executive vice chairman, moving him closer to succeeding his octogenarian father as head of South Korea's second-largest group. The group has appointed new product strategy, design chiefs and replaced senior executives at its overseas operations, including China and the United States. The latest shake-up at the group, which includes Hyundai Motor and its affiliate Kia Motors, could be announced on Wednesday, one of the sources said. It is "part of a generational change Chung is pushing for," another person said. A Hyundai Motor spokesman declined to comment. The group's vice chairmen, Yang Woong-chul and Kwon Moon-sik, both aged 64, told senior officials on Tuesday that they would leave the company, the sources said, declining to say why they had offered to resign. Biermann, a former BMW performance vehicle development official, adds to a flurry of foreign executives that Chung, 48, has brought in to the company typically dominated by Koreans. In October, Thomas Schemera, also a former BMW executive, was appointed to lead product planning for autonomous cars, connected and electrified vehicles, while Luc Donckerwolke, a former Bentley design chief, was appointed to oversee design at Hyundai and Kia. Hyundai Motor's third-quarter net profit plunged by two-thirds, hit by U.S. recall costs that added to its problems. The automaker was already suffering with weak sales in its key U.S. and Chinese markets. Hyundai's share price is down more than 10 percent this quarter, despite a recent rebound driven by a share buyback plan announced on Nov. 30. Reporting by Hyunjoo JinRelated Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Honda, Hyundai and Kia get best word-of-mouth recommendations in US

Forget advertising, incentives and, yes, even our excellently crafted vehicle reviews, sometimes the best way for automakers to sell cars is still good ol' fashioned word of mouth. In an attempt to measure this "word of mouth" power, The Boston Consulting Group, a management consulting firm, has created a new study called the Brand Advocacy Index (BAI). The index takes a look at how various industries perform from person to person. Those industries include automotive, smartphones, grocery, mobile telecommunications and banking.
The study polled more than 32,000 individuals across Europe and in the US to come up with the top 55 brands in these various industries. On the automotive side of things, the top brands in the US were Honda, Hyundai and Kia, all tied at 63 percent. On a global scale, Volkswagen and Toyota scored the highest with a 65-percent BAI rating (both in France). The average BAI for auto industry players tallied 50 percent.
As for companies in other industries, Apple's iPhone was the index's top-rated smartphone, Trader Joe's was the highest recommended grocery store, Virgin was sat atop the mobile telecom industry and USAA was the top retail bank. Scroll down for the full press release on the new study.

2020 Kia Telluride Review & Buying Guide | A stylish and practical family hauler

The 2020 Kia Telluride joins the growing list of three-row family crossovers, adding a more rugged vibe to what has become a pretty sensible shoes segment. Its boxier styling and clean lines certainly imply that this big SUV could get dirty, although its rather pedestrian all-wheel drive system and average ground clearance would indicate it's mostly for show. Or at least, a hefty dump of snow. That's OK, folks wear outdoorsy garb from Mountain Hardwear and rarely visit the mountains. We're impressed by the new Telluride's spacious cabin, a massive features list and plenty of thoughtful, family-friendly details like USB ports in every row and second-row seats that slide and fold at the press of a button. The Telluride really steps things up in its range-topping SX trim, which unlike many competitors, looks and feels genuinely luxurious. The Telluride's well-balanced driving experience and impressive value round out a genuinely appealing three-row SUV that deserves serious consideration. What's new for 2020? The Telluride is an all-new model for Kia, filling the gap at the top of its SUV lineup. What's the interior and in-car technology like? Admittedly, we have only had contact with the ritziest, range-topping Telluride SX model that boasts soft, interestingly stitched leather, convincing faux wood trim, and a generally luxurious ambience that trumps everything else in the segment. Oh, and it costs less than range-topping rivals that actually have less equipment. Now, will an LX and EX be as swank? No, but the general quality of plastics, switchgear and other materials should still be above average. Every Telluride is also extremely well equipped. Check out the pricing and features section below for a full breakdown, but suffice to say, you don't need to pay top dollar to get heated and ventilated seats, sunshades and an abundance of infotainment features. Indeed, every Telluride comes standard with five USB ports, Apple CarPlay, Android Auto and satellite radio. An 8-inch touchscreen is standard (and is typically sized for the segment), yet the EX and SX features a wide 10.25-inch touchscreen that will not only impress your friends with its largesse, but it improves functionality as well. It brings with it wireless smartphone charging, integrated navigation and a grand total of seven USB ports spread throughout all rows.