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Hyundai-Kia forecasts slowest sales growth in 8 years

Even with the arrival of the new Hyundai Genesis Sedan (above) and the expected introduction of at least two other new vehicles in 2014, Hyundai-Kia is estimating its sales will only increase by about 4.1 percent this year. Bloomberg has found that figure, which works out to a total of 7.86 million vehicles worldwide, to be lower than average analyst estimates of eight million vehicles. If the automaker is correct, that figure will represent the most sluggish growth for the Korean brands since 2006.
Based on an exchange rate of 1,050 won to the dollar - right now it's trading at anywhere from 1,050 to 1,052 depending on where you look - Hyundai is predicting a 3.8-percent uptick for sales of 4.9 million units, while Kia is expecting a 4.7-percent uptick for sales of 2.96 million units. That exchange rate is predicted to be part of what will hamper sales this year, with a stronger South Korean won making Japanese cars more price-competitive when cross-shopped. It's unclear how Hyundai derived its exchange rate, but 1,050 won to the dollar almost matches the 52-week high for all of 2013.
The company chairman mentioned a "low growth era" in the world economy, and weaker US sales are rumored to at least part of the reason John Krafcik recently vacated the post of Hyundai Motor America CEO, a post that has been filled by executive vice president of sales, David Zuchowski. That unexpected news capped a year in which two top execs resigned over quality issues and recalls and Hyundai agreed to settle a consolidated lawsuit over inflated fuel economy ratings for $395 million.

Hyundai teases updated Equus before Big Apple debut

The digital ink has yet to dry on some of our Geneva Motor Show coverage, and we're already shifting gears getting ready for the New York Auto Show. To help get us in the New York state of mind, Hyundai has released this shadowy image hinting at the refreshed 2014 Equus that it will be unveiling at the end of the month at NYC's Javits Center.
While we can't make out any major changes in this single image, Hyundai promises at least 30 updates to its flagship sedan including improvements to styling, cabin materials and ride and handling as well as advancements in advanced safety features and "driver technology displays." If we had to guess, the latter sounds like it might be something along the lines of a digital, reconfigurable gauge cluster. The only major difference we can actually see in this image are the new multi-spoke wheels, but we're sure Hyundai will be dropping some more hints before the official introduction on March 27.

2019 Hyundai Santa Fe production version shown in first photos

Hyundai is continuing to trickle out information about the redesigned 2019 Santa Fe crossover, this time releasing exterior and interior images that give us a good sense of the production version. It'll get its world premiere later this month before making its official bow in Geneva in March. Hyundai had previously released a darkened teaser photograph that showed the profile of the three-row crossover, its largest passenger car, then last week a pair of official renderings that showed a hulking, muscular SUV. The new exterior image shows the Santa Fe from virtually the same angle, and it reveals a few differences from the most recent renderings. For starters, the greenhouse is more generous, not as narrow as in the rendering. The massive wheels have been brought down to a less aggressive size, and the production version isn't quite so bulging down the flanks. But it keeps the Cascading grille, the upright fascia, twin headlights and the prominent crease along the profile just below the windows. The fourth-generation SUV also grows in size, with a length of 187.8 inches, width of 74.4 inches and a longer wheelbase, giving it a wide, athletic stance. Inside, Hyundai says there's more room for passengers, with enhanced visibility and a horizontal layout, with a center touchscreen atop a relatively uncluttered console. The Santa Fe will come equipped with Hyundai's new rear cross-traffic collision-avoidance assist, which helps warn of approaching vehicles when the driver reverses out of areas with poor visibility and apply the brakes automatically when an oncoming vehicle is detected. It also gets safety exit assist technology, which Hyundai says temporarily locks the doors when it detects vehicles approaching from behind — presumably meaning in those situations where you're about to open your door in a parking space as a car pulls into the spot next to you.Related Video: