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Krafcik says US Gov. shutdown is slowing Oct. auto sales

The government shutdown is eroding consumer confidence in the auto market, says John Krafcik, CEO of Hyundai's US sales unit, and could lower October sales by as much as 10 percent, Automotive News reports. "It's that anxiety that keeps customers, potential buyers, on the sidelines when making a big purchase like an automobile," Krafcik says, adding that industry sales could be off by five to 10 percent in October compared to September.
The fourth quarter, which started October 1, usually consists of increased auto sales as dealerships clear their lots to make room for the next year's models. Leading up to the fourth quarter this year, the auto industry was doing well in the fragile, recovering US economy, although September deliveries decreased by 4.2 percent, due in part to this year's Labor Day sales being recorded for August.
To help its customers, Hyundai announced it is deferring new-car loan and lease payments for furloughed federal workers until they're called back to work and also offering them a three-month payment deferral if they buy a new Hyundai in October. "We have already had requests from over a thousand people to have their payments deferred," Krafcik says.

Will Norway and South Korea lead us to the hydrogen future?

In the US, California leads the hydrogen highway. But, globally, the countries at the forefront include Japan, Norway, and South Korea. A new announcement by the Norwegian ambassador in Seoul, Jan Grevstad, makes it sound like those last two countries should think about Voltron-ing it up to promote H2 cars. The ambassador was speaking at the Korea-Norway Economic Cooperation Council at the Federation of Korean Industries. "A great example of the Norwegian–South Korean energy cooperation can be found in the transport sector," he said, according to Yonhap News. "South Korean engine technology is paired with Norwegian hydrogen production and infrastructure technology to create hydrogen driven cars." Grevstad said that the two countries could also work together on solar, wind, and other energy efforts, but didn't get into more detail about what he meant by this. The first Toyota Mirai hydrogen car was just delivered to Norway, but other H2 vehicles have been on the roads there for many years. Back in 2009, for example, as part of the 24th Electric Vehicle Symposium (EVS24), some hydrogen cars road tripped from Oslo to Stavanger. That same year, Mazda delivered 30 hydrogen-powered RX-8 RE vehicles. Hyundai – a South Korean company, of course – has been leasing its Tucson Fuel Cell (also known as the ix35 Fuel Cell) in hydrogen-friendly areas and believes that hydrogen-powered cars have a bright future. There's even a Tucson Fuel Cell car-sharing program operating in Germany. As gung-ho as Hyundai is, it's only sold 26 Tucson Fuel Cells in Norway so far, out of a total of about 500 around the world, Yonhap News says. Related Video: News Source: Yonhap News Agency Green Hyundai Green Culture Hydrogen Cars h2 ix35 tucson

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.