2014 Kia Rio Ex on 2040-cars

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Hyundai Motor reassigns 17 top execs to make way for fresh ideas

SEOUL — South Korean conglomerate Hyundai Motor Group shook up its executive ranks on Tuesday and appointed its first foreign head of research and development, raising expectations of a smooth transition of power at the family-run business empire. The reshuffle, first reported by Reuters on Tuesday and confirmed by Hyundai on Wednesday, is part of preparations for generational change in the executive ranks at South Korea's second-largest family-owned business empire. Group President Albert Biermann, a German former BMW executive, was named head of research and development, replacing longtime executives Yang Woong-chul and Kwon Moon-sik. The move was seen as a significant step to bring in fresh ideas at the Korean-dominated group. In all, 17 top executives were reassigned across the group including at Hyundai Motor Co and Kia Motors Corp — which together form the fifth-biggest automaker in the world. The move follows the promotion of Euisun Chung in September to Hyundai Motor's executive vice chairman, moving him closer to succeeding his 80-year-old father, Mong-Koo Chung, as group chairman. It comes as Hyundai Motor Co battles to reverse falling profits as a result of U.S. recall costs and weak sales in the U.S. and Chinese markets. Hyundai Motor Co shares jumped as much as 9 percent to their highest level since Oct. 10, while shares in affiliates like Hyundai Mobis, Hyundai Wia and Hyundai Glovis also rallied. While the announcement by Hyundai on Tuesday of a major investment in fuel cell production also lifted sentiment, analysts said most of the share price rise could be attributed to the leadership changes. In particular, it signaled that the junior Chung was making progress with his plans to restructure the sprawling group after a previous plan was scrapped due to opposition from U.S. hedge fund Elliott. "The reshuffle signals that the junior Chung is tightening his grip on the conglomerate, a move which raises investors' hopes for change," said Kim Joon-sung, an analyst at Meritz Securities. Ascendance of outsiders In a sign that Chairman Chung's grip may be weakening, one of his closest lieutenants, Hyundai Motor Co Vice Chairman Kim Yong-hwan, was reassigned away from the core automaker and named vice chairman of steelmaking affiliate Hyundai Steel.

2015 Kia Rio freshens up for France

We've always felt that the current-generation Rio is styled with European flair, so good on Kia for showing its refreshed new look here at the Paris Motor Show.
The B-segment hatchback's aggressive looks get modestly more so for the new model year, with a revamped tiger nose grille and new light fixtures, along with a pair of hash marks in the fog lamp area. To us, the current car, introduced for 2012, still looks quite fresh, but we like the subtly new light fixtures and suite of new wheel designs.

2018 Kia Stinger GT Quick Spin Review | Running the diaper-to-racetrack gamut

Considering I'm about to throw a bunch of caveats, small gripes, and unflattering anecdotes about this car at you, I want to preface this by saying the rear-wheel-drive Stinger GT does enough well that I actually spent some time with the configurator building one to, perhaps, serve as a family car that can haul ass as well as a bunch of stuff. And people, too, in five-person comfort, with an infant child seat in the mix. There's a lot of bargain-basement Audi S7 appeal to the thing, and it feels even quicker than its 0-60 number of 4.7 seconds would indicate. Another highlight: the Brembo brakes, 13.8 inches up front clamped by four-piston calipers, and 13.4 inches in the rear. They are superb. The liftback is a nice touch, adding some extra capacity without a wagon profile that would make it allergic to sales. I put it through a daunting real-world test: a big stroller, a giant box of diapers, two backpacks, two rolling suitcases, and a couple armfuls of baby toys. With a little creative stacking it all went in without causing passenger compartment intrusion. With further rearrangement, there was even room to deal with a truly distressing diaper crisis — the GT dealt elegantly with this inelegant situation. The Ceramic Silver paint (one of a frustratingly slim selection of exterior colors) didn't dull the Stinger GT's impact much. It's one of the most handsome and understated colors available, and even so, it drew a lot of attention. Fresh from baby-carrying (and changing) duties, I took it to a SCCA Track Night in America event at the Ridge circuit near Shelton, Wash., where the liftback cargo area swallowed a tub full of tools and a racing helmet with plenty of room to spare. Hell, a set of four rims with track tires could've fit, too. Despite a strong field of interesting cars in attendance, everyone wanted to ask about the Stinger. I feel this color dampens some of the car's over-styling — it would look just as aggressive with fewer faux vents — and displays the unconventional taillights well. Speaking of Track Night, after about an hour of track time spread over three individual sessions (not bad for just $150), the Stinger GT never felt fully comfortable in its dynamic skin. It had the scoot to top 130 mph on the front straight, and the brakes to haul it down before a super fun series of uphill S-curves immediately afterwards. However, certain situations caught the Stinger out.