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2015 Hyundai Sonata confirmed for New York debut

Despite receiving a host of improvements for the 2014 model year, the next-generation Hyundai Sonata is right around the corner. During a technical briefing today, Hyundai's North American CEO, John Krafcik, has confirmed to Autoblog that the 2015 Sonata will debut at the 2014 New York Auto Show in April.
The Sonata will be one of Hyundai's three major launches coming in the first half of 2014. First will be the 2015 Genesis sedan, which will bow at the 2014 Detroit Auto Show, and also coming in 2014 is a new fuel-cell vehicle from Hyundai.
Despite the current Sonata's age relative to key rivals, it's still doing rather well for Hyundai. Krafcik told us that the sedan currently has a 42-day dealer supply, which is lower than its fresher competitors. The nipped/tucked 2014 Sonata should help keep that momentum going until this all-new 2015 model arrives next year.

Hyundai reportedly eyeing a takeover of FCA

The CEO of Hyundai Motor Group plans to launch a takeover bid for Fiat Chrysler ahead of the planned retirement of FCA Chief Executive Sergio Marchionne next spring, Asia Times reports, citing unnamed sources close the situation. CEO Chung Mong-koo will wait for an expected decline in the Italian-American automaker's shares to make his move. Hyundai isn't commenting on the rumors, unsurprisingly, but would presumably stand to benefit by gaining Chrysler's dealer network and the lucrative Jeep brand and probably Ram, too. An FCA spokeswoman in Auburn Hills told Autoblog the company had no comment. But like any story about a possible takeover, this one gets complicated with inside players — and President Trump's posturing on international trade issues. FCA has been the subject of takeover interest before, including by Hyundai, but Marchionne has denied a merger was likely, instead saying his company was in talks with the Korean automaker about a technical partnership. In 2015, Marchionne lobbied General Motors hard, but unsuccessfully, for a tie-up; he was also spurned by Volkswagen. Marchionne had repeatedly stressed the need for car companies to merge to decrease overcapacity and better afford the massive investments needed for things like autonomous and electric vehicles. In the case of Hyundai's reported interest, there is a cast of characters. One is Paul Singer, principal of the hedge fund Elliott Management, an activist shareholder with a $1 billion stake in Hyundai and a major owner of equities in Fiat's home turf of Italy. Then there is FCA Chairman John Elkann, who reportedly disagrees with Marchionne on a successor as CEO of Fiat Chrysler but has little interest in running the company himself and would prefer a merger. Compounding things is what the Trump administration would think of a further blending of Fiat Chrysler's international DNA, though a deal with a Korean automaker is thought to be more palatable to the president and members of Congress than by a Chinese conglomerate like Great Wall Motor, which has confirmed its interest in taking over all or parts of FCA. The full Asia Times piece is here. Related Video: News Source: Asia TimesImage Credit: REUTERS/Rebecca Cook Chrysler Fiat Hyundai Jeep RAM Sergio Marchionne FCA merger takeover

Hyundai recalls about 980,000 Sonatas for seat belt detachments

The Basics: Hyundai is recalling 977,778 Hyundai Sonatas and Sonata Hybrids for seat belts that could detach from their anchor pretensioners, which could lead to an injury. The recall affects 2010- cars including 2011-2014 standard Sonatas built from December 11, 2009 to May 29, 2014 and 2011-2015 Sonata Hybrids built from December 2, 2010 to January 9, 2015. The Problem: During manufacturing, some Sonatas may not have had the seat belt properly attached to the anchor pretensioner. According to NHTSA recall information, the seat belt is connected to the anchor after the latter has been installed, and it is possible that the seat belt didn't completely latch onto the anchor during assembly. If the seat belt was not properly attached, it can separate from the anchor during a collision, potentially leading to an injury. Injuries/Deaths: Hyundai has reported one injury to NHTSA. No deaths related to the recall have been reported. The Fix: Owners are asked to bring in their vehicles to dealerships to have the seat belt assembly inspected to make sure the belt is correctly latched. If not, the dealer will reattach it properly at no cost to the owner. If you own one: Hyundai will alert owners to the recall by mail starting April 7. Owners can also call Hyundai's customer service directly to ask about the recall at 1-855-371-9460. They can also enter their VINs at the NHTSA website to check if their car is included in the recall. Related Video: