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Trump wants a trade deal, but South Korea doesn't want US cars
Thu, Jul 6 2017SEOUL - US auto imports from the likes of General Motors and Ford must become more chic, affordable or fuel-efficient to reap the rewards of President Donald Trump's attempts to renegotiate a trade deal with key ally South Korea, officials and industry experts in Seoul say. Meeting South Korean President Moon Jae-in last week in Washington, Trump said the United States would do more to address trade imbalances with South Korea and create "a fair shake" to sell more cars there, the world's 11th largest auto market. "What we really want to say to the United States is: Make good cars, make cars that Korean consumers like." While imports from automakers including Ford, Chrysler and GM more than doubled last year largely thanks to free trade deal which took effect in 2012, sales account for just 1 percent of a market dominated by more affordable models from local giants Hyundai and affiliate Kia. Imports make up just 15 percent of the overall Korean auto market, and are mainly more luxurious models from German automakers BMW and Daimler AG's Mercedes-Benz, which also benefit from a trade deal with the European Union. "Addressing non-tariff barriers would not fundamentally raise the competitiveness of US cars," a senior Korean government official told Reuters, declining to be identified because of the sensitivity of the subject. "What we really want to say to the United States is: Make good cars, make cars that Korean consumers like." TASTE BARRIER In Korea, US imports are seen as lagging German brands in brand image, sophistication and fuel economy, industry experts say. US imports do have a competitive advantage in electric cars: Tesla Motors' electric vehicles are seen as both environmentally friendly and trendy, while GM has launched a long-range Bolt EV. US Commerce Secretary Wilbur Ross had cited a quota in the current trade deal as an obstacle to boosting imports. The quota allows US automakers to bring in each year 25,000 vehicles that meet US, not necessarily Korean, safety standards. Should GM, for example, decide to bring in more than its quota of one model - the Impala sedans - it would cost up to $75 million to modify the cars to meet Korean safety standards, the company told its local labor union. Asked about non-tariff barriers, a spokesman at GM's Korean unit said removing them could expand the range of models the company can bring in from the United States. No US company, however, has yet to make full use of the quota, industry data shows.
The 2018 Stinger fulfills Kia's sport-sedan destiny
Mon, Jan 9 2017A little more than five years ago, Kia rolled out the GT Concept - a sheetmetal hypothetical musing on where the brand's sporting aspirations might go. Today on the eve of the Detroit Auto Show Kia unveiled the Stinger, the production version of that 2011 show car. While Kia Motors America says "the Stinger really is a dream car for us," enthusiasts anticipating something a lot racier have sobered up over the distance between the concept and the production reality. Nevertheless, the new Stinger will be the sportiest Kia ever, and not by a little. True, there's a lot of Optima in the body - it's too bad they couldn't have made the 2014 GT concept - but details everywhere separate the Stinger from the bread-and-butter sedan. The Stinger's wheelbase is four inches longer than the Optima's, yet overall length is an inch shorter. The brand's corporate face looks to have dabbled in CrossFit, the wide, narrow "tiger-nose" grille jutting out ahead of plenty of black mesh, new LED headlamps, and a new hood with twin hood vents. Side vents and sharp sills carve up the flanks, and side mirrors mount on the bodywork instead of at the A-pillar. In back, the deck lid gently curves upward becoming an integrated spoiler above elongated LED taillights, and a full-length rear diffuser houses four oval tailpipes. Inside, the dual-zone instrument panel boasts a "large" color touchscreen for infotainment, metal-accented dash gauges with red needles, and a small, color TFT screen in the binnacle for displaying tidbits like G-forces and lap times. Luxury touches include a heads-up display, an optional 720-watt, 15-speaker Harmon/Kardon audio system with two subwoofers, a driver's seat that can be had with air-cell bladders for a snug fit, and lots of driver assistance systems. When the Stinger goes on sale late this year customers get a choice of two engines that are currently still in development. The base model employs a 2.0-liter turbocharged four-cylinder with around 255 horsepower and 260 pound-feet of torque. The upper trim, known as the Stinger GT, goes with the 3.3-liter twin-turbo V6 found in the Genesis G90 and expected to put out the same numbers: 365 hp and 376 lb-ft. Both motors will shift through the eight-speed automatic shared with the Kia K900 but refined with a centrifugal pendulum absorber for reduced vibration. If all goes to plan, the dash from zero to 62 miles per hour will take 5.1 seconds with the 3.3-liter V6, with top speed capped at 167 mph.
Kia and LeBron going biblical with K900 King James Edition
Wed, Feb 11 2015Kia looks poised to reveal a new special K900 sedan after its celebrity spokesman and NBA baller LeBron James revealed this image on his Facebook page. There's little to be discerned from the tightly cropped image, but judging from the badge it depicts and the accompanying #K900, it seems like we'll be looking at a special edition of the Korean automaker's flagship sedan called the King James Edition - an apparent play on the King James Version of the bible and LeBron's last name. The special sedan appears to wear a red and black color scheme that we wouldn't be surprised to see extend beyond the side grille to other blacked-out trim pieces (like the wheels, front grilles, mirrors, badges and window surround), but we'll have to wait for Kia to reveal the full thing to say for sure. We may not have to wait very long, though, as the other accompanying hashtag seems to suggest it could debut at the All-Star game taking place this weekend.