2020 Hyundai Elantra Sel on 2040-cars

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Hyundai will add smaller crossovers and make the Santa Fe and Tucson bigger

At the LA Auto Show, Hyundai North American CEO Dave Zuchowski detailed plans to change the all-important crossovers in the company's lineup to better suit the ravenous tastes of American CUV shoppers, Automotive News reports. There are two important aspects: up-sizing existing crossovers, and introducing new small crossovers beneath them. With regard to the first part, Zuchowski said that the Santa Fe and related Santa Fe Sport will both grow in size, and differentiate from each other – which is good, because consumers are generally confused about how the five-seat Sport relates to the seven-seat Santa Fe. In the future, the regular Santa Fe will grow to become an eight-seat crossover, and the Sport will also grow and be redesigned as a more rugged-looking Jeep competitor, AN reports. Along those lines, Zuchowski says the company will change the name of the Santa Fe Sport to reduce confusion and better communicate its market position. The Tucson will grow a bit, but won't be significantly reimagined. The report also indicates that Hyundai also plans on introducing a B-segment crossover in 2018 – that is to say, a competitor to vehicles like the Honda HR-V and Jeep Renegade. We had previously reported that a B-segment crossover was on the way but didn't have timing. Further down the road, an even smaller A-segment crossover will be introduced. These new vehicles will be on sale by 2020, as will the revised Santa Fe and Tucson lines. Related Video:

Hyundai recalls 2015 and 2016 Sonatas for flying sunroof panels

The Basics: Hyundai is recalling 2015-2016 Hyundai Sonatas and Sonata Hybrids for panoramic sunroofs that could detach while driving. The recall covers a total of 62,811 cars including Sonata Hybrids built from December 8, 2014 to August 18, 2015 and normal Sonatas built from May 28, 2014 to March 18, 2016. The recall only affects cars with panoramic sunroofs. The Problem: Sonatas equipped with the panoramic sunroof have a wind deflector at the front. The anchor that holds the deflector in place is bonded and that bonding can fail. This can lead to the deflector partially detaching, which can interfere with the glass of the sunroof when closing. This interference can result in the glass detaching entirely from the car. Warning signs of this issue are increased noise with the roof open or a sunroof that doesn't fully close. Injuries/Deaths: Hyundai received a complaint of a sunroof detaching, which prompted an internal investigation and this voluntary recall, but no injuries or deaths have been reported. The Fix: Owners of affected cars can bring them to a Hyundai dealer where the vehicle will have new bonding applied to the wind deflector anchor. The repair will be made at no cost to the owner. If you own one: Owners will be notified by Hyundai by mail starting on December 2, and they can also contact Hyundai's customer service to ask about the recall at 1-800-633-5151. Owners can also check their vehicles for recalls by entering their VINs at safercar.gov. Needless to say, don't force the sunroof closed if something doesn't seem right whether you've gotten the notice or not. Better safe than sorry. Related Video:

Hyundai reveals CEO's pay for first time ever

Thanks to some government pressure, Hyundai's billionaire chairman, Chung Mong Koo, has revealed just how much he gets paid each year. Honestly, the amount is a bit lower than we'd expect considering he helms such a huge industrial empire. The 76-year-old chairman brought home $13 million in 2013, $5.2 million of which came from Hyundai's automotive business while both Mobis and Hyundai Steel chipped in $3.94 million, each. For reference, Ford CEO Alan Mulally netted $23.2 million in 2013, although the vast majority of that money came from stock options.
The push for Chung to reveal his pay was part of a larger effort by the South Korean government called the Financial Investment Services and Capital Markets Act. The act forces several thousand companies to release info on annual pay, bonuses and severance for employees earning over $5 million won ($469,000), according to Bloomberg.
"With the disclosure of the executives' compensation, the pressure to deliver better profits will increase," said Heo Pil Seok, the CEO of Midas International Asset Management. It seems to be working, as Hyundai shareholders, of which Midas is one, have seen their shares increase by 6.1 percent in 2014, which includes a 1.2-percent jump as of yesterday, according to Bloomberg.