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Genesis changes its mind on retail plans

Genesis will apparently open the doors to its nascent dealership network to all existing Hyundai dealers, reversing its earlier plan to launch a separate, much more limited retail network as a way to distinguish the brand. The brand's general manager, Erwin Raphael, told Hyundai's dealer council last week that Genesis would allow all Hyundai dealers the opportunity to sell the luxury brand in the U.S. That amounts to a 180 on plans announced in January, when the two-year-old spinoff said it planned to build out a network of about 100 Genesis retailers in around 48 mostly urban luxury markets, with first dibs on the franchises going to high-performing Hyundai dealers. The plan was to have separate branding, with the long-term goal of having them all operating out of standalone facilities after launching in temporary or shared showrooms. Per Automotive News, Genesis will no longer confine its sales to those 48 markets. All Hyundai dealerships will be able to apply to be licensed as Genesis dealers, though 2019 models will only be shipped to the newly franchised Genesis retailers. About 350 "elite" Hyundai dealerships that already sell the G80 and G90 sedans can continue to sell them, or take previously offered settlement money and move on. Those who become or remain Genesis dealers will have to sign new or separate franchise agreements that were expected to go out this week or next. Genesis will still require separate, standalone stores and service facilities. The news will likely please Hyundai dealers who have been frustrated or confused by Genesis's rollout strategy and are eager to play a role in the brand's growth. It also could provide a sales lift for Genesis, whose sales during the first four months of 2018 fell 17.5 percent to 5,390. They'll also be hoping for a boost when the compact G70 sedan launches this summer. Related Video:

Ford, Toyota clean up in Best Car For The Money Awards

The U.S. News Best Cars for the Money Awards picks winners by looking at the average transaction price, five-year total cost of ownership, the regard a car has from the automotive press, reliability figures from J.D. Power and Associates and safety data from the National Highway Traffic Safety Administration and the Insurance Institute for Highway Safety. The result, according to the magazine, is "the best combination of critical acclaim and long-term value."
Ford nabbed six of the 21 categories that received awards this year, the Focus, Fusion, Fusion Hybrid, Taurus, Escape and Edge getting trophies. Toyota and its Lexus and Scion sub-brands took another five, the Tacoma and Tundra owning the two categories given to pickup trucks. The other ten awards were split between Honda with three, Buick with two, and one each for Subaru, BMW, Hyundai, Chevrolet and Mazda.
Follow the link to see all the winners and read about why they were chosen.

New Hyundai i30 N hot hatch makes at least 250 horsepower

The chefs at Hyundai's new N performance division are working on their first dish, a Korean take on the ever popular hot hatch. The new model will be a modified version of the i30, or Elantra GT here in the US. Hyundai Motor Europe revealed a new teaser today showing the car testing on public roads in the UK. While we could cross our fingers for this spiritual successor to the Renault 5 Turbo, the car appears to be a traditional Volkswagen GTI and Ford Focus ST competitor. The first teaser from March showed the new i30 dancing around at a snow-covered testing facility in Sweden. While the video did give us a few cool shots of the new car tossing up a bit of the white stuff, it didn't actually reveal any new details. This new video is different, showing what might be the car's horsepower and torque rating. A quick shot of a computer screen shows 257.5 PS at 6,000 rpm and 302.1 Nm, which translates to about 254 horsepower and 223 lb-ft of torque in American. It's unclear if this is power at the crank or the wheels, but it seems to be right in the middle of the pack for the segment. We're really looking forward to this new model. Hyundai (and Kia for that matter) has been on a roll the past few years. Its cars are no longer simply value buys. The Elantra Sport shows the company is capable of building a enthusiastic little all rounder that can compete with the big guys. It looks like the car is in the final stages of development, so look for a full reveal sometime this fall. Related Video: