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Hyundai, Kia looking to cut costs

Hyundai and Kia are off to roaring starts in the United States this year, underscored by Kia's best sales month ever in May. But globally the situation for the South Korean siblings hasn't been nearly so positive. Recently, they reported their fourth consecutive quarter of decreasing operating profits worldwide, and now they're "making efforts to cut costs," according to a statement in a joint email obtained by Bloomberg. However, the companies aren't detailing where they would make the cuts or how much they want to save. The amount could be significant, though. An unnamed Hyundai senior executive reportedly told a South Korean newspaper that the business might be aiming for up to 30 percent in reductions. According to Bloomberg, Hyundai and Kia are facing falling total sales worldwide. Making the situation worse is that the strong Korean won versus the weaker Japanese yen gives competitors an advantage. The automakers also angered investors enough last year to prompt a stock buyback after paying $10 billion for the land for a future headquarters. The prognosis doesn't look utterly dire, though, and new products are on the way. For example, the Hyundai Santa Fe is being refreshed in South Korea, and the next-gen Elantra debuts at this year's Los Angeles Auto Show. There's also the Creta on the way for foreign markets. Additionally, several models are still awaiting the green light, including a Hyundai Genesis-based luxury crossover, a compact CUV, and the Santa Cruz unibody pickup. Meanwhile, the Kia GT is reportedly close to production, too. Related Video:

Hyundai Kona joins compact-crossover fray

This week in Seoul, South Korea, Hyundai finally pulled back the covers on the all-new Kona, the automaker's first compact crossover. The Kona enters one of the hottest segments on the market and will compete straight against Honda HR-V, Toyota C-HR, and Fiat 500X. The stylish Kona slots below the larger Santa Fe and Tucson, filling out the Hyundai's crossover offerings. The new model goes on sale in Korea later this month, hitting showrooms in Europe and the US later this year. Like others in this segment, the Kona sells itself on style as well as substance. The design is more aggressive than Hyundai's other crossover offerings, though the automaker says it hints at a new direction for other products. After a few years of conservative design throughout its lineup, Hyundai has returned to the bold direction that kicked off with the sleek 2010 Sonata. The Kona's large, shield-like grille is similar to that on the new Elantra GT and refreshed Sonata. There's a wide air scoop just above the new grille. There's a lot of outside influence on the design. The rest of the body has a taut, masculine look. Big fenders and sharp creases carry on the rugged look. Hyundai is calling the black cladding "armor," though we're not sure exactly how much it protects. It's going to be a divisive design choice for sure. Like the Toyota C-HR, the Kona can be had with a contrasting roof color. The Kona makes use of LED lighting both front and rear, though the low placed headlights remind us of the controversial ones on the Jeep Cherokee. The taillights are wide, slim units that aren't like anything else in Hyundai's lineup. Like so many compact crossovers, it looks more like a high-riding hatchback than a shrunken SUV. It's a handsome design though that's more tough than cute. The interior has been designed with efficiency first. Hyundai boasts that the Kona has the best-in-class interior space. The simple layout is far more conservative than the exterior, but it appears well designed and well arranged. Like the Elantra GT, the infotainment screen sits above the dash like a tablet. It's a common design feature, though not always a popular one. The Kona can be had with a 5, 7, or 8-inch infotainment display, though availability depends on the market. Higher-spec models come with Apple CarPlay, Android Auto, HD and satellite radio, a rearview camera, and in the US, 4G telematics. The Kona will have wireless smartphone charging.

2019 Hyundai Tucson revised with new styling and convenience tech

The Hyundai Tucson gets significant updates for the 2019 model year, with freshened styling all around to bring its look in line with the brand-new Kona and Santa Fe crossovers, revised engine options, and more of the safety and convenience technology that buyers have come to expect from the small crossover category. Gone is the 1.6-liter turbocharged four-cylinder engine option in the Tucson, replaced by a naturally aspirated 2.4-liter engine with 181 horsepower and 175 pound-feet of torque. This same engine was just announced for the 2018 model year, available exclusively in the Tucson Sport, but the 2019 refresh puts the uprated mill in the SEL, Sport, and Limited trims. A 2.0-liter engine is standard in Value and SE trim levels, where it makes 164 hp and 151 lb-ft. The Tucson gets redesigned fascias front and rear, with Hyundai's latest "cascading grille" design. Unlike the Santa Fe and Kona, the Tucson has traditional single-unit lighting clusters that extend from the top corners of the grille. A smaller, angular set of driving lights sit well below the headlights. Interior changes are less noticeable, but the addition of optional second-row USB charging ports and Qi wireless smartphone charging add convenience to upper trim levels. A seven-inch touchscreen comes standard and includes Apple CarPlay and Android Auto. Forward Collision Avoidance and Lane Keeping Assist are standard on all 2019 Hyundai Tucson models. A surround-view monitor, pedestrian detection, high-beam assist, rain-sensing wipers, smart cruise control with stop-and-go, and a driver attention warning system are optional. Expect to see the 2019 Hyundai Tucson in dealerships this fall. In the meantime, check out our high-res image gallery above, and stay tuned for more — Hyundai is rumored to have an N-branded high-performance version of the Tucson in the works. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.