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2021 Kia Telluride Review | What's new, prices, safety and pictures

It's a rare thing when a three-row family conveyance can be deemed cool, but we're pretty sure the 2021 Kia Telluride manages to pull it off. Credit almost entirely goes to its refined, tastefully adorned and classically proportioned styling. There's a little Volvo here and a little Range Rover there, but those are certainly good muses to have. The aesthetic appeal carries inside as well. However, there's more than just good looks here. The Telluride also manages to check off nearly every functional box as well. It's one of the most spacious three-row crossovers, has plenty of family-friendly storage solutions, boasts user-friendly technology and comes standard with an abundance of well-executed safety features (plus its upgrade blind-spot warning system was named Autoblog's Tech of the Year). The driving experience is admittedly a bit forgettable, but it's also free from bad habits. In short, no other three-row family crossover does a better job of both fashion and function. It's a must drive. What's new for 2021? The Telluride gains a new Nightfall Edition following an industry trend of special trim levels or packages slathered in blacked-out body trim. Unlike many of those other examples, however, the Telluride Nightfall Edition (pictured here) is available in eight colors, including its exclusive new-for-2021 Wolf Gray. Other updates include the addition of standard remote ignition, an upgraded trailer harness and LED headlamps added to the EX Premium package. Prices increase between $400 and $850 depending on trim level, including the destination charge that also goes up a bit for 2021 to $1,170. Apparently, it costs a little more to ship the thing from Georgia this year. What are the Telluride interior and in-car technology like? Admittedly, we've 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 nearly everything else in the segment (it's a coin flip between it and the mechanically related Hyundai Palisade). It also 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.

Hyundai quality issues hammer quarterly profit report

SEOUL — South Korea's Hyundai said on Monday it swung to a net loss for July-September, missing market estimates by a wide margin, as costs related to engine quality issues and recalls smashed what would otherwise have been strong earnings. Hyundai, the world's fifth-biggest automaker when combined with affiliate Kia, reported a net loss of 336 billion won ($297.72 million). The average of 12 analyst estimates complied by Refinitiv was 1.2 trillion won in profit. The automaker said it booked 2.1 trillion won to cover charges related to engine defects that increased the risk of stalling and fire. The years-long quality problems have cost Hyundai and Kia nearly $5 billion and left the pair subject to a probe by U.S. authorities over the manner of their recalls. "Third-quarter results reflect engine-related provision expenses as the company took preemptive measures to ensure customer safety and cover any possible future increase in quality-related expenses," Hyundai said in a statement. "We sincerely apologize to our shareholders and investors for having repeated quality cost issues over three quarters since 2018," an executive told an earnings briefing. Operating loss for the third quarter was 314 billion won. Excluding quality costs, the figure would have been 1.8 trillion won profit. Revenue rose 2.3% on year to 27.6 trillion won. Analysts said the operating loss was not as deep as expected as Hyundai enjoyed firm sales in the quarter backed by increased demand in the United States and emerging markets such as India. Its stock rose as much as 4.2% after the announcement versus a 0.3% fall in the benchmark KOSPI in afternoon trade. Related Video: Earnings/Financials Hyundai Kia

Hyundai boosted production in March, so now its cars sit in U.S. ports

SEOUL — As Detroit's automakers shut production in March due to the coronavirus pandemic, South Korea's Hyundai cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world's fifth-largest auto group. Hyundai ramped up domestic production to as much as 98% of capacity by late March, not only as the Korean market was recovering from a bad February but also because it bet on demand for Tucson SUVs and other models from U.S. customers, its biggest overseas market outside of China. While Hyundai is one of few global automakers whose production has recovered at home, its exports optimism has been dampened by the severity of the U.S. outbreak, weak consumer sentiment and as rivals have quickly moved to guard their turf. Consignments of cars shipped from South Korea are now sitting in U.S. ports, with dealers slow to take deliveries because of slumping sales and rising inventory, four people with knowledge of the matter told Reuters. The company idled a Tucson production line at home last week for five days, while sister firm Kia is looking to suspend three Korean plants for a week. And analysts now expect a sharp drop in first-quarter operating profit when it reports results on Thursday and some even forecast a second-quarter loss. "I hope that the situation will recover by the middle of next month. If not, we might have to lay off some people," said Brad Cannon, general manager of an exclusive Hyundai dealership in California, whose sales are down more than 50% from when the pandemic started. Hyundai runs a factory in Alabama — which is closed until May 1 — but imports are key to meet U.S. demand. Only about half of its vehicles sold in the United States are made in North America compared to between 68% and 85% for Japanese rivals Toyota, Nissan and Honda, who have also suspended production there till May. The South Korean company makes about 61% of its cars overseas, up from 48% a decade ago. That leaves it vulnerable to overseas factory shutdowns and shrinking demand outside of its home market. Hyundai's South Korean factory operation, which had recovered from a component shortage from China to nearly 100% capacity by March, could fall to as much as 70% in April, the company recently told analysts. "We will continue to monitor the situation and take appropriate action promptly," Hyundai said in an emailed statement. Minimizing the impact For its part, Hyundai has taken measures to minimize the impact.