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2020 Hyundai Palisade Preview Drive | The bigger they come

SEOUL — Hyundai can build big, spectacular things. In 2014 it created the CSCL Globe, the world's largest container ship at the time. With a 77,200-hp two-stroke engine and a deck the size of four soccer fields, it can deliver 19,000 shipping containers anywhere in the world. By comparison, the new 2020 Hyundai Palisade isn't all that large — but it will soon become the brand's biggest and most powerful SUV ever. About the size of the Ford Explorer and the popular Honda Pilot, the Palisade is already on sale in South Korea, where it is assembled at Hyundai's massive plant in Ulsan alongside the Tucson, Ioniq and Veloster. But the replacement for the Santa Fe XL won't hit Hyundai's American dealerships until summer 2019. It's part of an SUV onslaught by the automaker, which has just introduced the smaller Kona and Santa Fe models. And Hyundai says there's more to come. Unlike the Ford Explorer, which will soon return to a traditional rear-wheel drive architecture, the 2020 Hyundai Palisade uses a new front-wheel drive chassis it will share with the coming Kia Telluride. The SUV is 3 inches longer, about 3.5 inches wider and over 2 inches taller than the Santa Fe XL, and its wheelbase has grown 4 inches. That matches the Nissan Pathfinder at 114.2 inches, and outstretches the Explorer, Pilot and Toyota Highlander. However, the Chevy Traverse and Buick Enclave share a 120.9-inch wheelbase, and at 204.3 inches long they've got 8 inches of length on the Palisade. Despite all that size, the Palisade doesn't feel like a container ship from behind its leather-wrapped steering wheel. After two cold snowy days driving Korean-market spec Palisades around northern South Korea, both on and off road, we flew home to California impressed by the SUV's dynamics, packaging and comfort. Inside, the Palisade's front seats are firm with significant bolstering, and the seating position is perfect. Hyundai has gotten the details right, even carving the SUV's A-pillars extra thin to better your forward view. Fit and finish are impressive, coming close to Genesis levels with our test car's quilted Nappa leather, suede headliner and knurled knobs. Its pale striped wood trim, although fake, pulls off the yacht feel SangYup Lee, Hyundai's Head of Global Design, says he was going for. By the way, before joining Hyundai, Lee was the lead designer at Bentley, where he created that company's first SUV, the Bentayga.

Hyundai quality issues hammer quarterly profit report

SEOUL — South Korea's Hyundai said on Monday it swung to a net loss for July-September, missing market estimates by a wide margin, as costs related to engine quality issues and recalls smashed what would otherwise have been strong earnings. Hyundai, the world's fifth-biggest automaker when combined with affiliate Kia, reported a net loss of 336 billion won ($297.72 million). The average of 12 analyst estimates complied by Refinitiv was 1.2 trillion won in profit. The automaker said it booked 2.1 trillion won to cover charges related to engine defects that increased the risk of stalling and fire. The years-long quality problems have cost Hyundai and Kia nearly $5 billion and left the pair subject to a probe by U.S. authorities over the manner of their recalls. "Third-quarter results reflect engine-related provision expenses as the company took preemptive measures to ensure customer safety and cover any possible future increase in quality-related expenses," Hyundai said in a statement. "We sincerely apologize to our shareholders and investors for having repeated quality cost issues over three quarters since 2018," an executive told an earnings briefing. Operating loss for the third quarter was 314 billion won. Excluding quality costs, the figure would have been 1.8 trillion won profit. Revenue rose 2.3% on year to 27.6 trillion won. Analysts said the operating loss was not as deep as expected as Hyundai enjoyed firm sales in the quarter backed by increased demand in the United States and emerging markets such as India. Its stock rose as much as 4.2% after the announcement versus a 0.3% fall in the benchmark KOSPI in afternoon trade. Related Video: Earnings/Financials Hyundai Kia

Hyundai shows off six custom creations in Vegas

Hyundai rolled in to SEMA this year with an array of six customized vehicles. And while it previewed several members of that lineup in the run up to the tuner expo, it has now brought them all together under one roof – namely that of the Las Vegas Convention Center. The fleet consists of three custom creations based on the Tucson crossover, two on the Genesis Coupe, and one on the Veloster. The Tucson lineup includes one by Bisimoto, another by John Pangilinan, and a third by Rockstar Performance Garage. In typical style, Bisimoto cranked the crossover up past 700 horsepower, thanks to a high-boost turbocharger running on flex fuel. Pangilinan crafted his JP Edition Tuscon for off-road adventure with a pop-up tent on the roof, brush guards, and a lifted suspension. And Rockstar went with a Baja-style off-road competition approach with a massive 6-inch lift kit and 32-inch tires. The Genesis Coupes include one by ARK Performance and another by TJIN. The former is dubbed the Solus edition, adopting a dual focus on performance and luxury with a wide body kit, carbon-fiber trim and a supercharged V6 stroked out to 4.0 liters to produce over 500 horsepower. The TJIN edition also ups the output past 500 horses with a supercharger from Bisimoto, plus a free-flowing exhaust, intercooler, and blow-off valve. KW coilover suspension, custom body kit, and green paint job finish it off. Finally, there's the Veloster Turbo R-Spec done up by Blood Type Racing with a black paint job, red racing stripe, carbon-fiber wide-body kit, and a 1.6-liter turbo four boosted up to – you guessed it – over 500 hp. Check out five of them together (sans the Bisimoto) in the slideshow above, or each of the six in the individual galleries at bottom for a closer look - along with the details in the press release below. Related Video: HYUNDAI'S 2015 SEMA LINEUP FEATURES SIX VEHICLES BUILT BY THE INDUSTRY'S BEST TUNERS Concepts Based on 2016 Tucson, 2015 Genesis Coupe and 2015 Veloster Turbo R-Spec FOUNTAIN VALLEY, Calif., Nov. 3, 2015 – Once again, Hyundai has teamed up with some of the best vehicle tuners in the automotive community to deliver six concept vehicles for SEMA 2015. This year's builds feature three of Hyundai's all-new 2016 Tucson crossovers, two high-powered Genesis Coupes, and a Veloster Turbo R-Spec. Hyundai will be showcasing these creations at its SEMA display in Center Hall (booth #24387) at the Las Vegas Convention Center, Nov. 3-6, 2015.