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2014 Hyundai Equus gallops into New York with first major refresh

Hyundai isn't horsing around with the Equus, its premium luxury sedan offering, for the 2014 model year. As stated in the automaker's press release, "Equus is the number-one shopped premium luxury sedan, well ahead of Mercedes-Benz S-Class, BMW 7 Series, Audi A8, Lexus LS, and Jaguar XJ."
We're not entirely certain what "number-one shopped" means, but regardless, that's some serious company to be rubbing elbows with. Hyundai is seeking to draw even more people into its showrooms to cross-shop the Equus with those German, Japanese and British rivals by issuing the car's first major update since it was debuted at the New York Auto Show in 2009.
Not a stone was left unturned in this comprehensive refresh, with the exterior, interior, powertrain and chassis all receiving updates for the new year. Most noticeably on the outside, the 2014 Equus gets a new fascia that includes a restyled grille, along with standard LED fog lamps. Inside, the changes are more drastic and include a brand-new instrument cluster and center stack to go along with "ultra-premium genuine wood trim."

Hyundai spooks investors by paying $10B for new Gangnam HQ location

Doing things Gangnam style apparently costs a serious chunk of change, because Hyundai is reportedly paying roughly $10 billion for 19.6 acres (79,342 square meters) of land in the trendy district of Seoul, South Korea, to serve as the location for its new headquarters. That eye-popping number represents the highest amount ever paid for a plot of land in South Korea, according to Reuters. The hefty price tag reportedly scared investors enough for stock prices to sink dramatically.
Shareholders were apparently upset because the massive outlay could instead have been put back into the company for research and development or other improvements. Instead, the company reportedly bid triple the land's appraised value, says Reuters. The announcement caused Hyundai's stock price to plummet a massive 9 percent, and there were losses from Kia and the company's parts arm, as well. All told, the three of them lost nearly $8 billion in value from the falling share prices - almost enough to pay for the controversial land.
Hyundai currently has its headquarters on the outskirts of Seoul, but seems keen to move to the high-end Gangnam district to show off its rising status. It plans to build a new office complex, hotel, convention center and theme park on the site. According to an analyst speaking to Reuters, that could all cost an additional $6 billion to complete.

Hyundai's new i30 is America's new Elantra GT

Hyundai pulled the wraps off of the European-designed i30 hatchback ahead of the Paris Motor Show, and the automaker confirmed that it will appear in the United States next spring under the Elantra GT name. The exaggerated curves and swoops from the previous model were discarded in favor of straighter, subtler lines. According to Hyundai, the i30 represents the future of the brand's design, and the "Cascading Grille" will be its signature. On the inside, the i30 features a wide dashboard that is slightly less driver-oriented than the Elantra sedan. Hyundai also uses a touchscreen set out from the dash, which is popular yet polarizing with consumers. In addition to being styled in Europe, other parts of the i30 were also developed and tested over there, and the car even spent some time at the Nurburgring. The chassis is 22-percent stiffer and steering that is 10-percent more direct, Hyundai says. The car also features a McPherson strut front suspension and multi-link independent rear suspension. Europeans will get a variety of engine choices, but only one of them is likely to come here: a turbocharged 1.4-liter gas four-cylinder that makes about 140 horsepower. The other engines are smaller and less powerful gas engines and variations on a 1.6-liter diesel. It's also possible that it could get the naturally aspirated 2.0-liter engine in the Elantra, or the turbo 1.6-liter engine in the Veloster Turbo and other Hyundais. Hyundai also announced the i30 would spawn a few variants. It didn't give any specifics on body styles aside from saying the i30 would have a "family of unique products." The i30 will be the first Hyundai with an N version. For those out of the loop, N is the performance brand Hyundai has been preparing to launch. The company also said the i30 N would arrive in 2017. Hyundai only confirmed with us that the standard i30 would be coming to America, but it would make sense for Hyundai to bring the hot version as well, even if it comes a little later than in Europe and/or South Korea. We certainly wouldn't turn it down, especially if it sounds like the current prototype. Related Video: Featured Gallery 2017 Hyundai i30: Paris 2016 View 12 Photos Related Gallery 2017 Hyundai i30 View 10 Photos Image Credit: Live photos copyright 2016 Drew Phillips / Autoblog Paris Motor Show Hyundai Hatchback hyundai elantra gt