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Hyundai reveals new i20 hatchback ahead of Paris debut

If you had ever traveled overseas and rented a Hyundai Getz, you'll likely have gotten why it was the butt of jokes: it Getz you from A to B, but not much more. But like the company that makes it, the Korean supermini is all grown up now, long since eschewing the punchline nameplate for the i20 moniker. And here is its latest successor.
Set to be unveiled at the Paris Motor Show this fall, the new i20 is Hyundai's rival to the likes of the Ford Fiesta, Volkswagen Polo, Toyota Yaris and such. Designed in Europe for the European market, the new i20 stretches its wheelbase nearly two inches longer than its predecessor (and four and a half inches longer than the knees-in-your-chest Getz) to offer best-in-class legroom and cargo capacity.
Hyundai also says the new i20 is the first in its segment to offer an opening panoramic sunroof. While we wouldn't exactly call the styling "exciting" (especially in that shade of brown), penned at the company's European design center in Rüsselsheim, Germany, it certainly does look more mature... which, we take it, is kinda the point.

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 and Rockstar team up to build Moab-inspired Santa Fe for SEMA

We're in the run-up to SEMA 2017, and the early looks at the show cars are rolling in. Hyundai is letting this render out early. It's called the Rockstar Energy Moab Extreme Off-roader Santa Fe Sport Concept, and that mouthful shouts everything Hyundai wants this thing to communicate from the top of its lungs. Most of those words, however, aren't likely on the minds of shoppers looking at this three-row crossover, but logic and SEMA do not always find each other. Before we get into details of this build, we reached out to Hyundai and a representative clarified a few things. This Santa Fe hasn't been out bouncing off rocks at Moab — yet. We were told it "will be HEAVILY tested at Moab and a special video prepared for SEMA." We can't wait. While Hyundai says this is an all-new vehicle, it treads much of the same ground as last year's nitrous-huffing Rockstar concept Santa Fe. The King coilovers, R1 brakes, AEM intake and Mishimoto plumbing are all present and accounted for. And yes, there's another Nitrous Express system installed. New wheels and tires are present, as is a new wrap and more LED lights up front. (Can there ever be enough lights on a show truck?) It doesn't look like a winch is fitted, but there's a rooftop tent. SEMA is coming up at the end of the month, so we expect more details on this and other concepts soon. Related Video: Featured Gallery Rockstar Moab Extreme Off-Roader Sante Fe Sport Concept: SEMA 2017 Image Credit: Live photos copyright 2017 Drew Phillips / Autoblog.com SEMA Show Hyundai Crossover SUV hyundai santa fe